Listed by Jonathan Bye • John L. Scott, Inc. Bought with Real Broker LLC.
Off Market Nov 2024 for $470K
$531,022
Est. refi paymentEst. refi$1,230/mo
5
bd
•
3 ba
•
1,728
sq ft
1027 Walnut St, Bremerton, WA 98310
About this home
Discover an exceptional income-producing opportunity with this charming one-story duplex in the heart of East Bremerton. Unit A offers a total of 1,224 square feet boasting 3 spacious bedrooms, 2 bathrooms with plenty of comfortable living space, while Unit B offers a total of 864 square feet with 2 cozy bedrooms & 1 bathroom. New Roof in 2018. Both units come with washer/dryer hookups and private, fenced yards, perfect for outdoor relaxation. Ideally located near the Puget Sound Naval Shipyard, Seattle ferry, local shopping, dining, the Bremerton YMCA, and Olympic College, this property combines convenience with potential. With ample parking and storage, this is an investment that offers immediate returns and lasting value.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
1,728
Year built
1942
Style
Multi-Family (2-4 Unit)
County
Kitsap County
APN
3967-008-023-0209
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
R18
Medium Density Residential District
The intent of the medium density residential R-18 zoning district is to accommodate single-family housing and existing medium density-type development, and encourage redevelopment opportunities by permitting a wider variety of housing types. Consistency throughout the neighborhoods between low density residential R-10 and medium density residential shall be implemented.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Cemetery
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Uncovered Spaces: 4
Open Parking Spaces: 4
Has Open Parking
Interior
Heating & Cooling
Has Heating
Heating Information: Baseboard, Forced Air
Cooling Information: None
Multi-Family Financial Information
Net Operating Income: $36,946
Gross Adjusted Income: 40200
Gross Scheduled Income: $40,200
Total Monthly Income: 3350
Gross Rent Multiplier: 12.81
Total Expenses: 3254
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Unit Type 1 Information
Unit Name: A
# of Bathrooms: 2
# of Bedrooms: 3
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,224
Actual Rent: $1,675
Unit Type 2 Information
Unit Name: B
# of Bathrooms: 1
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 864
Actual Rent: $1,675
Exterior
Building Information
Roof: Composition, Torch Down
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric,Natural Gas
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Has View
Land Information
Possible Use: Multi-Family, Residential
Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Fenced-Partially,Gas Available,Outbuildings,Patio
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $3,254
Tax Year: 2024
Financial Information
Listing Terms: Cash Out, Conventional, VA Loan
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: City of Bremerton
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: City of Bremerton
Water Sewer Garbage: 0
Location
School Information
High School District: Bremerton #100c
Location Information
Directions: East on Sheridan, Right on Walnut. Home on right.
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 1,728
Stories: 1.0
Lot Size: 10,019 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1942
Year Renovated: —
County: Kitsap County
APN: 3967-008-023-0209
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, October 3, 2024
Green Information
Power Production Type: Electric, Natural Gas
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1728
MLS Square Footage Source: Title
Building Area Total: 1728
Building Area Units: Square Feet
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Armin Jahr Elementary School
Public K-5 • Assigned • 0.7mi
2/10
Mountain View Middle School
Public 6-8 • Assigned • 0.6mi
3/10
Bremerton High School
Public 9-12 • Assigned • 1.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Bremerton, WA • 98310
Average low and high temperatures (°F)
47
37
48
37
53
40
61
43
67
48
73
52
76
55
77
58
72
54
60
46
51
43
48
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$505,000 – $611,000
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