Active · Residential Income

6194 6200 NE Pine Street , Suquamish, WA 98392

Suquamish, WA 98392

$875,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Keller Williams West Sound · MLS #2562415 · Active

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About this property

Owner financing available with good credit, 41% down at 4.25% interest, 5 year balloon. Rare North Kitsap Investment Opportunity! Discover one of the most distinctive income-producing properties in the region. This architecturally striking octagonal fourplex features four private corner residences, each spanning three stories and offering a unique, townhouse-style living experience. Every unit includes 2 bedrooms, 2 bathrooms, a spacious kitchen and living area on the main level, and a private balcony perfect for enjoying the peaceful surroundings. The thoughtful layout gives each residence exceptional privacy while creating an attractive living environment for tenants. Currently three units are occupied, and one is vacant so you can view it. The property generates $6,000 per month in rental income ($1,500 per unit), with significant upside. Market rents are estimated at approximately $1,900 per month per unit, presenting a compelling value-add opportunity for investors seeking increased cash flow. Multifamily opportunities of this caliber are exceptionally rare in North Kitsap. Whether you're looking to expand your portfolio, execute a rental repositioning strategy, or secure a one-of-a-kind long-term investment, this property offers a unique combination of architectural character, stable income, and future potential. Don't miss your chance to own one of Suquamish's most distinctive multifamily investment properties.

Property details

Property type: Multi Family
Year built: 1985
Lot size: 15,682 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $5,846 (2025)
Parking spaces: 10
School district: North Kitsap #400

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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