2135 4th Street Bremerton, WA $ 949,900
2135 4th Street
$ 949,900
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2135 4th Street

Bremerton, WA, 98312
$ 949,900
Baths0.0 Sq 2,812

Monthly Estimate*

$ 5,849

Listed by Lumin Brokers of Washington
2135 4th Street, Bremerton, WA 98312 - Image 1
2135 4th Street, Bremerton, WA 98312 - Image 2
2135 4th Street, Bremerton, WA 98312 - Image 3
2135 4th Street, Bremerton, WA 98312 - Image 4
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2135 4th Street, Bremerton, WA 98312 - Image 7
2135 4th Street, Bremerton, WA 98312 - Image 8
2135 4th Street, Bremerton, WA 98312 - Image 9
2135 4th Street, Bremerton, WA 98312 - Image 10
2135 4th Street, Bremerton, WA 98312 - Image 11
2135 4th Street, Bremerton, WA 98312 - Image 12
2135 4th Street, Bremerton, WA 98312 - Image 13
2135 4th Street, Bremerton, WA 98312 - Image 14
2135 4th Street, Bremerton, WA 98312 - Image 15
Studio

Multi-Family Home for sale in Bremerton, WA

for $949,900. This 2,812 square foot home was built in 1932 on a lot size of 0.25.

7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 6.92% would be raised to 8.43%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

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Multi-Family Active

Price

$ 949,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,138

Style

5-9 Units

Lot Size

0.25

Year Built

1932

Town/City

Bremerton

County/Region

Kitsap

MLS | Web ID

2425557

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1932
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Kitsap
Net Operating Income 65722
Insurance Expense 4500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name West Bremerton
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From WA-304. North onto Naval Ave. Left onto 4th St. Property is on the left.
City Bremerton
Senior Community Y/N N
High School District Bremerton #100c
Zoning Description Multi-Family
Open Parking Spaces 7
Number Of Units Total 7
MLS Area 148 - West Bremerton
Lot Size Units Square Feet
Lot Size Square Feet 10890
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional See Remarks
Tax Annual Amount 5138
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks 7-plex features four units with 0 bedroom and 1 bathroom two units with 1 bedroom and 1 bathroom and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. T
Leasable Area 2812
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Water Company City of Bremerton
Units Below Grade true
Units In Building Total 7
Water Sewer Garbage 14400
Property Style 55 - 5-9 Units
Cap Rate 6.92
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Exterior
Exterior Amenities Wood
Lot Features Paved
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 2812
Lot Size Acres 0.25
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV High Speed Internet
Parking Uncovered Spaces 7
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Interior
Flooring Ceramic Tile Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2425557
Street Number 1 2135
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* Excluded Features
List By
Rich Kim

Listing Agent

Lumin Brokers Of Washington

Broker

Affordability Calculator

$6,277
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$428
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257097 Elementary School
257301 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2025$949,900 Listed Price

Map


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2135 4th Street, Bremerton, WA, 98312 is a Multi-Family Home for sale at $949,900 with 2,812 sqft and a lot size of 0.25. 2135 4th Street is a studio with 0.0 baths and was built in 1932. The property's zip code is 98312 which is in Bremerton, WA