Active · Residential Income

629 Highland , Bremerton, WA 98337

Bremerton, WA 98337

$685,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Kidder Mathews · MLS #2571193 · Active

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About this property

627 Highland Ave — Bremerton, WA 98337 This offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at $685,000 and offered at a 7% cap rate on in-place income. Built in 1910, the property represents classic older-vintage Bremerton housing stock, offering a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization as units turn. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, supporting steady renter demand and a durable tenant base for well-located multifamily product in the submarket. For an investor seeking an attractive going-in yield with a manageable-scale renovation opportunity, 627 Highland Ave offers an efficient, well-priced entry point into the Bremerton multifamily market.

Property details

Property type: Multi Family
Year built: 1910
Lot size: 4,792 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $5,652 (2026)
Parking spaces: 0
School district: Bremerton #100c

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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