Property Details

2212 15th Street
Bremerton, WA 98312
$350,000
MLS# 2539859 courtesy of NWMLS Listing firm: Better Properties Kitsap

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2212 15th Street , Bremerton, WA 98312, Bremerton

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Multi-Family
Property Type
728
Bldg Sq Ft
2
Units
7.10%
Cap Rate
1940
Year Built

Property Overview

Rare opportunity to own TWO HOMES on one city lot with excellent income-producing potential! Ideally located within a short distance to PSNS, ferry, shopping, schools… this versatile property is perfect for investors, owner-occupants, or multi-generational living. These homes were recently updated, along with newer roofs, interior paint, some flooring, countertops, etc. The main residence features 2 bedrooms/1 bathroom and is 464 SQFT. The detached studio apartment (264 SQFT) offers additional rental income, guest accommodations or Airbnb options. Enjoy the flexibility of living in one unit and renting the other or maximize cash-flow by leasing both. Convenient to bus-lines. One water/sewer bill for both properties. Opportunities like this are hard to find! Maximize your return with this versatile and income-generating property in a great location!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Kitsap
Neighborhood Bremerton
Listed Jun 12, 2026
Structure Type Duplex
Parcel Number 14240121052001

Tax & HOA

Annual Property Tax $1,997 (2026)
Est. Monthly Tax $166/mo

Financial Summary

Cap Rate 7.10%
Net Operating Income $24,829
Gross Scheduled Income $30,000
Gross Rent Multiplier 11.67
Total Expenses $5,171

Building & Use

Building Sq Ft 728
Leasable Area 728 sqft
Total Units 2
Lot Size 1,742 sqft
Year Built 1940

Exterior & Lot

Lot Size 0.04 sqft
Year Built 1940
Exterior Materials Cement Plank
Sewer Sewer Connected
Lot Features Corner Lot, Curbs, Paved, Sidewalk
Exterior Features Cement Planked

Community & Access

Directions From SR-303, head west on Burwell St, turn left onto Warren Ave, then right onto 15th St. Continue to 2212 15th St in Bremerton.

Location

City Bremerton
County Kitsap
Coordinates 47.57478, -122.64779

Additional Information

Tax Year 2026
Annual Taxes $1,997
Possession Array
Listed By
Jennifer Brooks
Better Properties Kitsap

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