$1,825,000
Est. $10,109/mo6,080 sq ft
2821 2831 NE Center Street #1-8, Bremerton, WA 98310
• Listed Oct 1, 2026•69 days active · 69 cumulative
Listing Broker: Keller Williams Downtown Sea; Nicholas T. Vilvandre; 206-612-7883; nvilvandre@kw.com
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Listing Broker: Keller Williams Downtown Sea; Nicholas T. Vilvandre; 206-612-7883; nvilvandre@kw.com
About this home
Updated 8-unit property in Bremerton near Naval Base Kitsap and the Puget Sound Naval Shipyard. Two buildings with four townhouse-style units each, all offering 2 bedrooms, 1 bathroom and approximately 760 SF. Total building area of 6,080 SF with 18 on-site parking spaces. In-unit washer/dryer in seven units. Approximately $590,000 invested in renovations, repairs and capital improvements since 2022, including roof replacements on both buildings, new furnaces, updated kitchens and bathrooms, LVP flooring, interior/exterior paint, plumbing and electrical improvements, siding repairs, and select replacement windows, doors, water heaters and appliances. Additional work includes septic repairs and maintenance, crawlspace improvements and insulation. -$$- Offering a stunning projected 6.72% cap rate based on reviewed income and expenses.
Listed by Nicholas T. Vilvandre • Keller Williams Downtown Sea
Listing updated: October 5, 2026 at 09:43am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2588884
Around this home
How much should you offer?
2821 2831 NE Center Street #1-8, Bremerton, WA 98310
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
- 5-9 Units
Flooring
- Vinyl Plank
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerBremerton #100c 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
- 8
- Units in building
- 8
- Units below grade
- false
- Building square feet
- 6,080 sq ft
Income & expenses
- Gross scheduled income
- $161,400
- Total monthly income
- $13,450
- Additional monthly income
- $100
- Gross adjusted income
- $156,558
- Net operating income
- $122,616
- Cap rate
- 6.72%
- Gross rent multiplier
- 11.31
- Vacancy rate
- 3%
- Total expenses
- $33,942
- Insurance
- $3,162
- Electric
- $1,100
- Fuel
- $600
- Other expenses
- $7,160
- Water / sewer / garbage paid by
- 10500
Parking & storage
- Parking spaces
- 18
- Uncovered parking
- 18
Taxes & assessment
- Annual taxes
- $11,420
- Tax year
- 2025
- 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 2821 2831 NE Center Street #1-8
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.
- Oct 1, 2026ListedNWMLS via MLS Grid · #2588884$1,825,000$300/sq ft
- Oct 1, 2026ListedNWMLS via MLS Grid · #2590023$1,825,000$300/sq ft
- Jun 15, 2022SoldNWMLS via MLS Grid · #1892734$1,200,000$197/sq ft
- Mar 22, 2022PendingNWMLS via MLS Grid · #1892734$1,250,000$206/sq ft
- Feb 22, 2022ListedNWMLS via MLS Grid · #1892734$1,250,000$206/sq ft
- Jan 26, 2022Recorded saleKitsap County recorder · Unknown$18,000,000$2,961/sq ft
Mortgage payment forecast
$11,517 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%.
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Listing Broker: Keller Williams Downtown Sea; Nicholas T. Vilvandre; 206-612-7883; nvilvandre@kw.com
Market pulse
Bremerton is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 39 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 19, 2026 at 4:01 PM 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.
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