Property Details
3618 W Madrona Street
Bremerton, WA 98312
$350,000
Pending
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Property Overview
Opportunity knocks in West Bremerton — this classic 1942 duplex offers timeless character, steady income potential, and a peekaboo view of Puget Sound. With the charm only a mid-century build can deliver, each unit retains the craftsmanship and warmth that today’s renters appreciate, giving you a competitive edge in the Kitsap rental market. Whether you’re a seasoned investor looking to expand your portfolio or a house-hacker ready to let the other unit pay your mortgage, this property checks the boxes. Don’t miss your chance to own a piece of Bremerton history with cash flow from day one!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Kitsap
Neighborhood
Navy Yard City
Listed
Apr 21, 2026
Financial Summary
Cap Rate
5.00%
Net Operating Income
$17,848
Gross Scheduled Income
$28,020
Gross Rent Multiplier
12.50
Total Expenses
$9,012
Vacancy Rate
2.0%
Building & Use
Building Sq Ft
1,344
Leasable Area
1,344 sqft
Total Units
2
Lot Size
5,663 sqft
Year Built
1942
Exterior & Lot
Lot Size
0.13 sqft
Year Built
1942
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood Products
Location
City
Bremerton
County
Kitsap
Coordinates
47.55214, -122.66467
Additional Information
Tax Year
2026
Annual Taxes
$2,840
Possession
Array
Based on information submitted to the MLS GRID as of May 2, 2026 7:30 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.
