$1,150,000
Est. $6,320/moPrice reduced $20,000 from the original $1,170,000 asking price
4,664 sq ft
4617 Beach Drive E, Port Orchard, WA 98366
• Listed Jul 24, 2026•66 days active · 66 cumulative
Listing Broker: Better Properties Kitsap; Gloria Mellon; 360-286-1129; gmellonre@gmail.com
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Listing Broker: Better Properties Kitsap; Gloria Mellon; 360-286-1129; gmellonre@gmail.com
About this home
Looking for a great investment with positive cash flow? Here's your chance to own not just 1 duplex but 2 duplexes in this beautiful area of Beach Drive in Port Orchard! Each unit has 2BR & a full bath plus a very unexpected half bath for guests. The layout is great! Living, Dining, Kitchen, half bath & a super large storage space on the main floor and 2 BR, full Bath and Laundry below plus storage under stairs. Each has its own deck looking out to Sinclair Inlet where the WA State Ferries travel several times a day along with a multitude of marine life to see in their natural habitat. Having the bonus of a garage is also very attractive to tenants. There is no better price per unit in much of Kitsap than these 2 duplexes. Rental demand is high and inventory is low. These units have never stayed empty very long. Rent payments are below the current market rates. An investor could create a bigger cap rate and would truly benefit from these duplexes in their portfolios. Don't miss the amazing view!! Please NO drive-bys.
Listed by Gloria Mellon • Better Properties Kitsap
Listing updated: September 22, 2026 at 06:35pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2559306
Around this home
How much should you offer?
4617 Beach Drive E, Port Orchard, WA 98366
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Duplex
- 960 sq ft garage
Flooring
- Laminate
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDiggerSouth Kitsap School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 4
- Units in building
- 8
- Units below grade
- false
- Building square feet
- 4,664 sq ft
Income & expenses
- Gross scheduled income
- $72,000
- Total monthly income
- $6,100
- Additional monthly income
- $100
- Gross adjusted income
- $68,400
- Net operating income
- $57,175
- Cap rate
- 4.9%
- Gross rent multiplier
- 16.25
- Vacancy rate
- 5%
- Total expenses
- $11,225
- Insurance
- $2,700
- Water / sewer / garbage paid by
- 0
Parking & storage
- Parking spaces
- 8
- Uncovered parking
- 4
- Covered spaces
- 4
Taxes & assessment
- Annual taxes
- $8,525
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 4617 Beach Drive E
NWMLS via MLS Grid · Kitsap County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 23, 2026Price reducedNWMLS via MLS Grid · #2559306$1,150,000$247/sq ft
- Jul 24, 2026ListedNWMLS via MLS Grid · #2559306$1,170,000$251/sq ft
- Mar 31, 2017Recorded saleKitsap County recorder · Warranty deed$260,000$56/sq ft
Mortgage payment forecast
$7,318 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Better Properties Kitsap; Gloria Mellon; 360-286-1129; gmellonre@gmail.com
Market pulse
Port Orchard is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 23, 2026 at 7:16 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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