Property Details
1353 – 1355 Saddle Club Road SE
Port Orchard, WA 98366
$725,000
Contingent
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Property Overview
Turnkey Duplex – Investment or Owner-Occupant Opportunity. Well-maintained duplex in a desirable Kitsap location near ferries, town, and commuter routes. One unit will be vacant at closing, offering the option to live in one side or maximize rental income. Each unit features 3 bedrooms, 2.5 baths, an attached garage, and additional off-street parking. The occupied unit is leased through December at $2,000/month plus $65/month for shared well water. Situated on a rare ¾-acre wooded lot, the property has seen major updates including a new roof, insulation, moisture barrier, Trex decks, and updated windows. This property has immediate income, strong rental appeal, and long-term flexibility.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Contingent
County
Kitsap
Neighborhood
Port Orchard
Listed
Jun 18, 2026
Structure Type
Duplex
Parcel Number
45140000060302
Tax & HOA
Annual Property Tax
$5,217 (2025)
Est. Monthly Tax
$435/mo
Financial Summary
Cap Rate
7.17%
Net Operating Income
$51,977
Gross Scheduled Income
$62,280
Gross Rent Multiplier
11.64
Total Expenses
$7,189
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,980
Leasable Area
2,980 sqft
Total Units
2
Lot Size
31,363 sqft
Year Built
1991
Exterior & Lot
Lot Size
0.72 sqft
Year Built
1991
Garage
2 spaces
Exterior Materials
Wood
Parking
RV Parking
Sewer
Septic Tank
Water Source
Shared Well
Exterior Features
Wood Products
Community & Access
Directions
From Hwy 16 take Sedgwick Exit, R-Sedgwick Rd, L-Bethel Rd SE, At traffic circle take 1st exit to Mile Hill Dr, L-Saddle Club Rd SE, House on the right
Location
City
Port Orchard
County
Kitsap
Coordinates
47.53708, -122.58070
Additional Information
Tax Year
2025
Annual Taxes
$5,217
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 3:15 PM. 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.
