Property Details
140 S Cambrian Avenue
Bremerton, WA 98312
$415,000
Active
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Property Overview
Investor or owner-occupant opportunity in the heart of Bremerton. This two-unit property offers 2,192 sq ft of livable space minutes from Puget Sound Naval Shipyard and Naval Base Kitsap — one of the region's most reliable rental markets.The larger unit is a spacious 3-bed/1-bath at 1,523 sq ft, with room for roommates, while the second is an efficient 1-bed/1-bath at 669 sq ft — ideal for a single tenant or a low-maintenance rental. Both come equipped with range/oven, refrigerator, and dishwasher, plus shared on-site laundry. Covered parking and additional street parking mean tenants always have a spot. Both units are vacant and ready now — a clean slate to set rents at today's market, or live in one side while the other helps cover your mortgage. Projected rents pencil to $3,050/month, driving $36,600 gross scheduled income, $26,114 NOI, and a 5.67% cap rate at list. Steady military and civilian demand keeps vacancy low and tenants dependable. House-hack into ownership or run it turnkey from day one. Double listed MLS#
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Navy Yard City
Listed
Aug 6, 2026
Structure Type
Duplex
Parcel Number
37320030170004
Tax & HOA
Annual Property Tax
$3,796 (2025)
Est. Monthly Tax
$316/mo
Financial Summary
Cap Rate
5.67%
Net Operating Income
$26,114
Gross Scheduled Income
$36,600
Gross Rent Multiplier
12.56
Total Expenses
$8,656
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,192
Leasable Area
2,192 sqft
Total Units
2
Lot Size
6,098 sqft
Year Built
1916
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1916
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Alley, Paved, Sidewalk
Exterior Features
Wood Products
Community & Access
Directions
GPS Friendly.
Location
City
Bremerton
County
Kitsap
Coordinates
47.56223, -122.65518
Additional Information
Tax Year
2025
Annual Taxes
$3,796
Possession
Array
Based on information submitted to the MLS GRID as of August 6, 2026 10:30 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.
