Property Details
1663 Harrison Avenue SE
Port Orchard, WA 98366
$799,000
Active
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Property Overview
Exceptional Investment Opportunity – Fully Remodeled Triplex in the Heart of Port Orchard. Discover a turn-key multifamily gem in a rapidly growing market. This beautifully renovated triplex features three updated units with modern finishes, new flooring, fresh paint, and updated kitchens and bathrooms. Ideal for both investors and owner-occupants, each unit offers spacious living areas, in-unit laundry hookups, and off-street parking. Conveniently located near downtown Port Orchard, the ferry, schools, shopping, and parks. Low-maintenance landscaping and separate utilities for each unit maximize cash flow. Don’t miss this rare opportunity to own a high-performing asset in one of Kitsap County’s desirable rental corridors.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Orchard Heights
Listed
Jul 8, 2025
Financial Summary
Cap Rate
5.71%
Net Operating Income
$45,635
Gross Scheduled Income
$53,460
Gross Rent Multiplier
14.94
Total Expenses
$7,825
Building & Use
Building Sq Ft
2,888
Leasable Area
2,888 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
10,890 sqft
Year Built
1945
Exterior & Lot
Lot Size
0.25 sqft
Year Built
1945
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Community Golf Course, Paved, Sidewalk
Exterior Features
Wood
Location
City
Port Orchard
County
Kitsap
Coordinates
47.53328, -122.60209
Additional Information
Tax Year
2025
Annual Taxes
$4,378
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 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.
