Listing Office: Kidder Mathews Northwest Multiple Listing Service Logo

629 Highland, Bremerton, WA

$685,000

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0.11

Acres

About 629 Highland

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.

Features of 629 Highland

MLS® # 2571193
Price $685,000
Acres 0.11
Year Built 1910
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 629 Highland
Area 148 - West Bremerton
Subdivision Bremerton
City Bremerton
County Kitsap
State WA
Zip Code 98337

Amenities

View Partial
Is Waterfront No

Interior

Heating Forced Air
Cooling None
Fireplace No
# of Stories 2

Exterior

Exterior Features Wood Products
Foundation Poured Concrete

School Information

District Bremerton #100c

Additional Information

Date Listed August 19th, 2026
Days on Market 8
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKidder Mathews

Listing Map

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