140 S Cambrian Avenue, Bremerton, WA 98312

• 4 beds |
• 2 baths |
• 2,192 sqft

Property Description

Investor or owner-occupant opportunity in the heart of Bremerton. This two-unit property offers 2,192 sq ft of livable space minutes from Puget Sound Naval Shipyard and Naval Base Kitsap — one of the region's most reliable rental markets.The larger unit is a spacious 3-bed/1-bath at 1,523 sq ft, with room for roommates, while the second is an efficient 1-bed/1-bath at 669 sq ft — ideal for a single tenant or a low-maintenance rental. Both come equipped with range/oven, refrigerator, and dishwasher, plus shared on-site laundry. Covered parking and additional street parking mean tenants always have a spot. Both units are vacant and ready now — a clean slate to set rents at today's market, or live in one side while the other helps cover your mortgage. Projected rents pencil to $3,050/month, driving $36,600 gross scheduled income, $26,114 NOI, and a 5.67% cap rate at list. Steady military and civilian demand keeps vacancy low and tenants dependable. House-hack into ownership or run it turnkey from day one. Double listed MLS#

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:21PM

Listing Office:

COMPASS : 425-637-7777

Listing Agent:

Brian Pate : 425-637-7777

MLS ID:

2545945

Interior

• General: Dining RoomSecurity System
• Basement: None
• Flooring: VinylCarpet
• A/C: Forced Air
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Wood Products
• Parking: Attached CarportDrivewayAttached GarageOff StreetParking spaces: 3

Construction

• Roofing: Composition
• General: One and One HalfPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Bremerton #100c
• County: Kitsap

Lot

• Topography: Level
• Zoning: 37320030170004
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls