4617 Beach Drive E, Port Orchard, WA 98366
- $1,170,000
- 4,664
- SqFt
Listing courtesy of Better Properties Kitsap.
- List Price
- $1,170,000
- Status
- ACTIVE
- MLS#
- 2559306
- Days on Market
- 2
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 4,664
- Area Total SqFt
- 4664
- Annual Tax Ammount
- 8525
- Lot Size (sq ft)
- 32,670
- Sewer
- Septic Tank
Property Description
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 on the main floor and 2 BR, full Bath and Laundry below plus storage. 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.
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Additional Information
- List Date
- 2026-07-24 20:58:11
- Community
- Waterman
- Net Operating Income
- $57,175
- Gross Adjusted Income
- $68,400
- Gross Scheduled Income
- $72,000
- Total Monthly Income
- $6,100
- Insurance Expenses
- $2,700
- Gross Rent Multiplier
- 16.25
- Total Expenses
- $11,225
- Cap Rate
- 4.9
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 4617
- Potential Terms
- Cash, Conventional
- Year Built
- 1980
- View
- Bay, Mountains, Partial, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck
- Energy Source
- Electric
- School District
- South Kitsap
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,100
- Gross Scheduled Income
- $72,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $68,400
- Tax Year
- 2026
- Insurance Expense
- $2,700
- Total Expenses
- $11,225
- Net Operating Income
- $57,175
- Gross Rent Multiplier
- 16.25
- Cap Rate
- 4.9
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.