Property Details

2533 E 3rd Street
Port Orchard, WA 98366
$405,000
MLS# 2567429 courtesy of NWMLS Listing firm: Great Northwest Real Estate

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2533 E 3rd Street , Port Orchard, WA 98366, Port Orchard

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2533 E 3rd Street , Port Orchard, WA 98366, Port Orchard

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Multi-Family
Property Type
990
Bldg Sq Ft
2
Units
6.00%
Cap Rate
1941
Year Built

Property Overview

Opportunity to own a home with an ADU on one parcel. The main home offers 1 bedroom plus a versatile bonus room, a full bathroom, laminate flooring throughout and an updated kitchen and bath, with flexible living space. A 300+/- sq. ft unfinished basement adds excellent potential for additional finished sq. footage, storage, or a future rec room. The detached studio ADU (approx. 300 sq. ft) is perfect for rental income, multi-generational living, or a private guest suite, featuring a 3/4 bath with shower, fridge, and stove/oven, plus its own deck for outdoor enjoyment. Plenty of off-street parking for both units. Don't miss this income-producing, flexible-use property!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Kitsap
Neighborhood Retsil
Listed Aug 10, 2026
Structure Type Duplex
Parcel Number 45370100130206

Tax & HOA

Annual Property Tax $2,863 (2026)
Est. Monthly Tax $239/mo

Financial Summary

Cap Rate 6.00%
Net Operating Income $24,537
Gross Scheduled Income $33,600
Gross Rent Multiplier 12.00
Total Expenses $7,863
Vacancy Rate 1.0%

Building & Use

Building Sq Ft 990
Leasable Area 990 sqft
Total Units 2
Lot Size 4,792 sqft
Year Built 1941

Exterior & Lot

Lot Size 0.11 sqft
Year Built 1941
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Exterior Features Wood Products

Community & Access

Directions GPS

Location

City Port Orchard
County Kitsap
Coordinates 47.54246, -122.61849

Additional Information

Tax Year 2026
Annual Taxes $2,863
Possession Array
Listed By
Joan Taie
Great Northwest Real Estate

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