Property Details
1911 Sheridan Road
Bremerton, WA 98310
$550,000
Active
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Property Overview
Turn-key duplex investment opportunity featuring two fully occupied income-producing units with stable, long-term tenants in good standing. Located just minutes from Naval Base Kitsap, Puget Sound Naval Shipyard, local shopping, and the Bremerton Ferry terminal for seamless Seattle commuting, this property offers immediate cash flow with significant recent improvements. Unit 1911 offers 768 square feet with 3 bedrooms and 1 bath, while Unit 1913 provides 1,250 square feet with 4 bedrooms and 1.75 baths, with carport and storage. Extensive updates completed within the last year minimize near-term maintenance requirements, including a full roof replacement with new sub-roof plywood and ventilation (Feb 2026), full exterior painting (Oct 2025), and a comprehensive interior overhaul of Unit 1913 (June 2026) featuring 100% replacement of both bathrooms, an 18-inch ceiling lift in the primary bath, a brand-new water heater, and fresh drywall, paint, and carpeting in the hallway. A clean, low-friction asset positioned in a high-demand rental corridor.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Sheridan Park
Listed
Aug 8, 2026
Structure Type
Duplex
Parcel Number
39680010170003
Tax & HOA
Annual Property Tax
$3,402 (2026)
Est. Monthly Tax
$284/mo
Financial Summary
Cap Rate
6.94%
Net Operating Income
$38,154
Gross Scheduled Income
$49,200
Gross Rent Multiplier
11.18
Total Expenses
$8,586
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,020
Leasable Area
2,020 sqft
Total Units
2
Lot Size
13,068 sqft
Year Built
1942
Exterior & Lot
Lot Size
0.30 sqft
Year Built
1942
Exterior Materials
Cement, Wood
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Cement/Concrete, Wood, Wood Products
Community & Access
Directions
Wheaton Way to east on Sheridan. Just past Olympus/Schley – 2nd duplex on south side
Location
City
Bremerton
County
Kitsap
Coordinates
47.58809, -122.61803
Additional Information
Tax Year
2026
Annual Taxes
$3,402
Possession
Array
Based on information submitted to the MLS GRID as of August 9, 2026 8:45 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.
