$685,000
Est. $3,522/mo629 Highland, Bremerton, WA 98337
• Listed 2026-08-19•12 days on market
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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.
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Open Tue, Sep 1 +1RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value629 Highland, Bremerton, WA 98337
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 19, 2026 at 08:48am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by David A. Kelley • Kidder Mathews
Listing updated: August 19, 2026 at 08:48am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2571193
Open Tue, Sep 1 +1
Open Tue, Sep 1 +1
Open Tue, Sep 1 +1
Open Sun, Sep 6Bremerton is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$335,000 Sold
0 days ago
3 bd•1 ba•~1,889 sq ft•Single Family
1203 Pacific Avenue, Bremerton, WA 98337
4%
Under list
—
Days on market
0.3 mi
Distance
$510,000 Sold
6 days ago
4 bd•1.75 ba•~1,950 sq ft•Single Family
1011 Pennsylvania Avenue, Bremerton, WA 98337
1%
Over list
—
Days on market
0.8 mi
Distance
$437,900 Sold
1 week ago
3 bd•2.75 ba•~1,406 sq ft•Single Family
914 Pacific Avenue, Bremerton, WA 98337
2%
Over list
—
Days on market
0.2 mi
Distance
$420,000 Sold
2 weeks ago
4 bd•1.5 ba•~1,429 sq ft•Single Family
1555 High Avenue, Bremerton, WA 98337
3%
Over list
—
Days on market
0.9 mi
Distance
$581,000 Sold
3 weeks ago
•Single Family
1536 Pennsylvania Avenue, Bremerton, WA 98337
1%
Over list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
