629 Highland · Bremerton, WA 98337
Source: NWMLS · Kidder Mathews · David A. Kelley #NWM2571193
About this home
627 Highland Ave — Bremerton, WA 98337 This offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at $685,000 and offered at a 7% cap rate on in-place income. Built in 1910, the property represents classic older-vintage Bremerton housing stock, offering a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization as units turn. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, supporting steady renter demand and a durable tenant base for well-located multifamily product in the submarket. For an investor seeking an attractive going-in yield with a manageable-scale renovation opportunity, 627 Highland Ave offers an efficient, well-priced entry point into the Bremerton multifamily market.
Location
Basics
- Property type
- Multi Family
- Style
- 5-9 Units
- Stories
- 2 stories
- Year built
- 1910
- Lot size
- 4,792 sq ft (0.11 acres)
- County
- Kitsap
- MLS #
- NWM2571193
Interior
- Heating
- Forced Air
- Cooling
- None
Exterior & lot
- Exterior features
- Wood Products
- Roof
- Flat
- Foundation
- Poured Concrete
- View
- Partial
- Waterfront
- No
Utilities
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Bremerton
- Property tax
- $5,652 (2026)
Transaction
- Listed on
- Aug 19, 2026
- Days on market
- 32
- Listing terms
- Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Bremerton #100c
- High
- Bremerton High SchoolSchoolDigger 1 star · Top 74% in WA

Listing provided courtesy of: Kidder Mathews
Listing agent: David A. Kelley.
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 2026-08-19.