Property Details
360 Tremont Street W
Port Orchard, WA 98366
$575,000
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Property Overview
Positioned in the heart of Port Orchard within Business Professional Mixed Use zoning, this well-maintained duplex offers a rare blend of income potential and flexibility of use. The vacant main-level unit features 3 bedrooms, 1 bath, and 1,318 SqFt of single-level living, highlighted by newly refinished hardwood floors, a spacious family room with wood-burning fireplace, and a fully fenced backyard with patio. The 858 SqFt upper unit offers 1-bedroom, 1-bath, spacious living room area and great natural light. Each unit enjoys its own washer and dryer, private entrance, and dedicated 1-car garage. Recent improvements include a new 30-year roof, new gutters, fresh exterior paint, and a fully refreshed crawlspace with new insulation and vapor barrier. Conveniently located near Highway 16, shopping, dining, and downtown amenities.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Port Orchard
Listed
Jun 11, 2026
Structure Type
Duplex
Parcel Number
34240140192008
Tax & HOA
Annual Property Tax
$3,714 (2026)
Est. Monthly Tax
$309/mo
Financial Summary
Cap Rate
5.65%
Net Operating Income
$30,337
Gross Scheduled Income
$43,800
Gross Rent Multiplier
13.13
Total Expenses
$11,272
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,171
Leasable Area
2,171 sqft
Total Units
2
Zoning
Business,Commercial,Multi-Family,Office,See Remarks
Possible Use
Business, Commercial, Multi-Family, Office, See Remarks
Lot Size
7,841 sqft
Year Built
1965
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1965
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
From Hwy 16, head East on Tremont St. to the property on the right.
Location
City
Port Orchard
County
Kitsap
Coordinates
47.52484, -122.65421
Additional Information
Tax Year
2026
Annual Taxes
$3,714
Possession
Array
Based on information submitted to the MLS GRID as of June 11, 2026 7:15 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.
