Rockhood
$669,000List price
Active

133 N Marion Street · Bremerton, WA 98312

Source: NWMLS · Real Broker LLC · Charles Burnett #NWM2544918

About this home

Solid, turnkey fourplex on a large 10,890 SF lot in West Bremerton. Fully occupied with an attractive unit mix of (1) 2-bedroom, (2) 1-bedroom, and (1) studio unit. Strong in-place income with upside through scheduled rent increases and market rent growth. Offered at a 7.4% current cap rate with ~8% projected cap rate at market rents. The property consists of a triplex plus detached one-bedroom cottage with separate electrical meters, coin-operated laundry, and off-street parking. Three of the four units have been cosmetically renovated, including the 2-bedroom unit in 2026. Major capital improvements include fresh exterior paint, extensive roof replacement, foundation stabilization, and updated plumbing and electrical. Conveniently located near PSNS, Olympic College, downtown Bremerton, the Seattle ferry, shopping, and major employers. Excellent investment opportunity offering immediate cash flow and long-term upside in one of Kitsap County's strongest rental markets.

Location

Basics

Property type
Multi Family
Style
4-Plex
Stories
2 stories
Condition
Average
Year built
1942
Building area
2,738 sq ft
Lot size
10,890 sq ft (0.25 acres)
County
Kitsap
MLS #
NWM2544918

Interior

Heating
Baseboard
Cooling
None
Flooring
Ceramic Tile, Engineered Hardwood, Carpet

Exterior & lot

Exterior features
Wood
Roof
Composition
Foundation
Poured Concrete
View
Territorial
Waterfront
No

Parking

Parking spaces
8

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Bremerton
Property tax
$6,208 (2026)

Transaction

Listed on
Jun 26, 2026
Days on market
85
Listing terms
Cash, Conventional, VA Loan
Possession
Closing, Subject To Tenant Rights

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2015-03-20
Sold$214,250

Schools

School district: Bremerton #100c

High
Bremerton High School
SchoolDigger 1 star · Top 74% in WA

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Listing provided courtesy of: Real Broker LLC

Listing agent: Charles Burnett.

Based on information submitted to the MLS GRID as of . 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 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-06-30.