Property Details
1277 Sherman Avenue
Port Orchard, WA 98366
$799,950
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Property Overview
Well maintained Triplex in a great central location, close to Hospital and Freeway access. Good rental history. Live in one unit and rent out the other two! Detached three car garage with storage space is already partitioned providing three individual spaces for optimum tenant privacy and security.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Port Orchard
Listed
Nov 21, 2025
Original Price
$879,000
Financial Summary
Cap Rate
6.30%
Net Operating Income
$56,140
Gross Scheduled Income
$64,260
Gross Rent Multiplier
13.60
Total Expenses
$15,245
Building & Use
Building Sq Ft
3,086
Leasable Area
3,086 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
12,632 sqft
Year Built
1997
Exterior & Lot
Lot Size
0.29 sqft
Year Built
1997
Garage
3 spaces
Exterior Materials
Metal/Vinyl, Wood
Sewer
Sewer Connected
Water Source
Community
Lot Features
Dead End Street, Paved
Exterior Features
Metal/Vinyl, Wood, Wood Products
Location
City
Port Orchard
County
Kitsap
Coordinates
47.52909, -122.64656
Additional Information
Tax Year
2025
Annual Taxes
$5,325
Possession
Array
Based on information submitted to the MLS GRID as of May 15, 2026 5:15 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
