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Goldhouse Realty

kenny@goldhouserealty.com +1(253) 376-6410

Listed by:Keller Williams West Sound • Peter Bradrick

$ 875,000

Est. payment | -/mo

8 Beds

8 Baths

4,500 SqFt

Save

$ 875,000

Est. payment | -/mo

Save

8 Beds

8 Baths

4,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $194

Subdivision Suquamish

MLS Listing ID 2562415

Style 54 - 4-Plex

Bedrooms 8

Year Built 1985

Annual Tax Amount $5,846

Lot Size 0.360 Acres

Property Sub-Type Multi Family

Property Description

Rare North Kitsap Investment Opportunity! Discover one of the most distinctive income-producing properties in the region. This architecturally striking octagonal fourplex features four private corner residences, each spanning three stories and offering a unique, townhouse-style living experience. Every unit includes 2 bedrooms, 2 bathrooms, a spacious kitchen and living area on the main level, and a private balcony perfect for enjoying the peaceful surroundings. The thoughtful layout gives each residence exceptional privacy while creating an attractive living environment for tenants. Currently three units are occupied, and one is vacant so you can view it. The property generates $6,000 per month in rental income ($1,500 per unit), with significant upside. Market rents are estimated at approximately $1,900 per month per unit, presenting a compelling value-add opportunity for investors seeking increased cash flow. Multifamily opportunities of this caliber are exceptionally rare in North Kitsap. Whether you're looking to expand your portfolio, execute a rental repositioning strategy, or secure a one-of-a-kind long-term investment, this property offers a unique combination of architectural character, stable income, and future potential. Don't miss your chance to own one of Suquamish's most distinctive multifamily investment properties.

Location

State WA

County Kitsap

Area 167 - Suquamish

Interior

Flooring Ceramic Tile, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Septic Tank

Water Public

New Construction No

Schools

Elementary Schools Suquamish Elem

Middle Schools Kingston Middle

High Schools Kingston High School

School District North Kitsap #400

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

+1(253) 376-6410

kenny@goldhouserealty.com

1120 Pacific Ave., Tacoma, WA, 98402, USA

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6194 6200 NE Pine ST Suquamish, WA 98392