2135 4th Street, Bremerton, WA 98312

Multi-Family Home
Built in 1932
0.25acre lot
—— car garage
$——/sqft
Listed 8 months ago

Property Description

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 7.73% would be raised to 9.42%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 8:21PM
Listing Office:: Lumin Brokers of Washington : 855-586-4692
Listing Agent:: Rich Kim : 855-586-4692
MLS ID:: 2425557

Flooring: Ceramic TileCarpet
A/C: None
Heating: Baseboard
Fireplace: Fireplaces: 0

General: Wood

Roofing: Composition
General: 55 - 5-9 UnitsPoured Concrete

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

Zoning: 14240130192004
View: TerritorialView

Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Rich Kim , Lumin Brokers of Washington

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.