USAWABremertonBremerton1103 Ohio Ave
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$600,000

A day ago

1103 Ohio Ave, Bremerton, WA

0 Bed

0 Bath

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MLS® 2476851

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $4,258
Days Active 1
Lot Size 0.14 acres
Approx. Age 1919
MLS® Number 2476851

Property Address: 1103 Ohio Ave, Bremerton, WA, 98337-1394

Average square foot calculated using Size range provided by listing agent.

Description

Well-located Bremerton triplex offering a rare blend of historic character, stable income, and flexible buyer appeal. Originally built in 1919, this classic early-20th-century home has been operated as a multifamily property for many years and retains the old-world charm and architectural detail that continue to resonate with Kitsap County renters and owner-occupants alike. The property is configured as three units, with the main unit intentionally vacant to allow for easy showings and owner-occupant use. For investors, the vacant unit represents immediate upside, with projected market rent supporting approximately $48, 600 in gross scheduled annual rent once stabilized. From an operational standpoint, this has been a low-maintenance, easy-to-manage asset. Tenants pay utilities, management history is well documented, and expenses have remained consistent and predictable. At the current pro forma, the property supports a projected NOI of roughly $36, 700, equating to just over a 6% cap rate at list price, with additional upside available through future rent growth and selective improvements. Conveniently located near PSNS, Olympic College, ferry access, and downtown Bremerton amenities, this property works equally well for an owner-occupant seeking architectural character with income offset, or an investor looking for durable cash flow with clear paths to increased NOI.
MLS® Number2476851
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageYes
Approx. Age1919
Basement
Driveway
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$600,000List Price
  • Commute

Commute

Starting Address
Destination Address
1103 Ohio Ave, Bremerton, WA

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