133 N Marion Street Bremerton, WA $ 635,500
133 N Marion Street
$ 635,500
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133 N Marion Street

Bremerton, WA, 98312
$ 635,500
Bedrooms4 Baths4.0 Sq 2,738

Monthly Estimate*

$ 4,389

Listed by Charles Burnett, Real Broker LLC, 206-931-6036, charles@soundrealtygroup.com
133 N Marion Street, Bremerton, WA 98312 - Image 1
133 N Marion Street, Bremerton, WA 98312 - Image 2
133 N Marion Street, Bremerton, WA 98312 - Image 3
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133 N Marion Street, Bremerton, WA 98312 - Image 7
133 N Marion Street, Bremerton, WA 98312 - Image 8
133 N Marion Street, Bremerton, WA 98312 - Image 9
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133 N Marion Street, Bremerton, WA 98312 - Image 11
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133 N Marion Street, Bremerton, WA 98312 - Image 18
133 N Marion Street, Bremerton, WA 98312 - Image 19
133 N Marion Street, Bremerton, WA 98312 - Image 20

Multi-Family Home for sale in Bremerton, WA

for $635,500 with 4 bedrooms and 4 full baths. This 2,738 square foot home was built in 1942 on a lot size of 0.25.

4 Units | 8% Current Cap Rate. West Bremerton investment property consisting of a triplex plus detached one-bedroom cottage on a 10,890 SF lot. Strong in-place income with additional upside from scheduled rent increases and potential adjustments to market rents. Three of the four units have been cosmetically renovated, including the 2-bedroom unit in 2026. Major improvements include fresh exterior paint, extensive roof replacement, foundation, and updated plumbing and electrical. Separate electrical meters, coin-operated laundry, and off-street parking. Three units are leased on 12-month terms, while one is month-to-month, offering potential flexibility for an owner-occupant buyer. Conveniently located near PSNS, Olympic College, downtown Bremerton, Seattle ferry service, shopping, and major employers. An opportunity to acquire a four-unit property with an 8% current cap rate, established rental income, and significant capital improvements already completed.

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Multi-Family Active

Price

$ 635,500

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,208

Style

4-Plex

Lot Size

0.25

Year Built

1942

Town/City

Bremerton

County/Region

Kitsap

MLS | Web ID

2603099

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1942
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Kitsap
Net Operating Income 49449
Insurance Expense 2502
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bremerton
Special Listing Conditions None
Status Active
Directions Turn right onto Kitsap Way then left onto Burwell Street. Continue north on National Avenue turn left onto 1st Street then right onto Marion Avenue. Property is on the left
City Bremerton
Senior Community Y/N N
High School District Bremerton #100c
Number Of Units Total 4
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 Conventional VA Loan
Tax Annual Amount 6208
Electric Expense 540
Fuel Expense 0
Property Condition Average
Public Remarks 4 Units 8% Current Cap Rate. West Bremerton investment property consisting of a triplex plus detached one-bedroom cottage on a 10 890 SF lot. Strong in-place income with additional upside from sche
Leasable Area 2469
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 4590
Property Style 54 - 4-Plex
Cap Rate 8
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 2738
Lot Size Acres 0.25
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 8
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Interior
Flooring Ceramic Tile Engineered Hardwood Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2603099
Street Number 1 133
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* Excluded Features
List By
Charles Burnett

Listing Agent

Real Broker Llc

Broker

charles@soundrealtygroup.com

Email

Affordability Calculator

$4,907
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,389
Monthly Property Taxes
$517
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/12/2026$635,500 Listed Price

Map


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133 N Marion Street, Bremerton, WA, 98312 is a Multi-Family Home for sale at $635,500 with 2,738 sqft and a lot size of 0.25. 133 N Marion Street has 4 bedrooms, 4.0 baths, and was built in 1942. The property's zip code is 98312 which is in Bremerton, WA