Property Details
2518 Spring Street NE
Bremerton, WA 98310
$475,000
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Property Overview
Excellent investment opportunity in Bremerton's desirable Upper Manette neighborhood! This well-maintained duplex offers proven income potential with two spacious, single-level units, each approximately 882 square feet. Both units feature 2 bedrooms, 1 full bath, a large living room, an eat-in kitchen, and a utility room with washer and dryer hookups. Efficient heat pumps provide year-round comfort with both heating and air conditioning.Situated on a quiet street with a nice-sized yard, the property offers an attractive setting for tenants. One unit includes two covered carports, while the other offers one covered carport, and each unit has its own exterior storage unit for added convenience.A pre-listing home inspection has already been completed, offering added confidence for buyers. Conveniently located near the Seattle ferry, PSNS, downtown Bremerton, parks, shopping, and the vibrant Manette neighborhood. Whether you're looking to expand your investment portfolio or purchase your first income property, this is an outstanding opportunity with strong rental appeal and long-term investment potential.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Enetai
Listed
Aug 7, 2026
Structure Type
Duplex
Parcel Number
46050000290008
Tax & HOA
Annual Property Tax
$3,770 (2026)
Est. Monthly Tax
$314/mo
Financial Summary
Cap Rate
8.09%
Net Operating Income
$38,436
Gross Scheduled Income
$44,400
Gross Rent Multiplier
10.70
Total Expenses
$5,964
Building & Use
Building Sq Ft
1,764
Leasable Area
1,764 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
8,276 sqft
Year Built
1956
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1956
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Cul-De-Sac, Paved
Exterior Features
Wood
Community & Access
Directions
Wheaton to Trenton to Bonair to Spring. Fr Ferry: Cross Manette Bridge, R on Pitt, L on 11th, L on Trenton, L on Bonair, R on Spring. GPS works great!
Location
City
Bremerton
County
Kitsap
Coordinates
47.58530, -122.61007
Additional Information
Tax Year
2026
Annual Taxes
$3,770
Possession
Array
Based on information submitted to the MLS GRID as of August 8, 2026 4:30 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.
