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    Port Orchard, WA
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    Port Orchard, WA Apartment Buildings for Sale

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    Value-Add Multifamily Investment Opportunity
    Updated: May 20
    Value-Add Multifamily Investment Opportunity

    1912 SE Jerry Ln, Port Orchard, WA 98366

    Contact for pricing
    28,095 sqft
    Value‑add opportunity through interior and exterior renovations to increase rents.
    Strategic location with immediate access to Highway 16, retail, and major employers (Naval Base Kitsap).
    Below‑market rents offer potential for significant rent premiums.
    Well‑maintained property with stable occupancy provides a solid operational foundation.
    Strong and consistent rental demand due to location and fundamentals.
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    152-Unit Apartment Project Opportunity
    Updated: Apr 11, 2023
    152-Unit Apartment Project Opportunity

    1932 Salmonberry Rd, Port Orchard, WA 98366

    $1,800,000
    Approved LDAP (Local Development Assistance Program) in place.
    Core of Engineers approval for drainage mitigation, enabling 152‑unit apartment project.
    Price reflects $19,737 per door.
    Zoned Commercial Mixed Use.
    Opportunity to develop a 152‑unit apartment project.
    View details
    See what stands out in Kitsap County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Port Orchard, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Unit Apartment Building
    6-Unit Apartment Building

    629 Highland, Bremerton, WA 98337

    $685,000
    4,540 sqft

    Older-vintage multifamily property with unit-by-unit renovation potential as apartments become available.

    View details
    8-Unit Apartment Property with Updates
    8-Unit Apartment Property with Updates

    2821 2831 Ne Center Street 1-8, Bremerton, WA 98310

    $1,925,000

    Two well-maintained buildings offer townhouse-style layouts and in-unit laundry.

    View details
    Turnkey Waterfront Apartment Building
    Turnkey Waterfront Apartment Building

    8755 Shore, Silverdale, WA 98383

    $5,200,000
    15,160 sqft

    Fully renovated 20-unit apartment community with two- and one-bedroom townhome-style layouts on the Silverdale waterfront.

    View details
    63-Unit Garden-Style Apartment Building
    63-Unit Garden-Style Apartment Building

    9896 Enterprise Lane NW, Silverdale, WA 98383

    Contact for pricing
    48,314 sqft

    RC-zoned apartment property with a defined unit mix and extensive interior renovations.

    View details

    Port Orchard, WA Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Port Orchard, WA on our real estate platform. These investment opportunities span a total of 28,095 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for two-family homes in Port Orchard, WA average $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 70K
    Population Growth (5Y) +11.3%
    Median Household Income $96,657
    College Educated 36.3%

    High-Yield Neighborhoods for Investment

    Identify Port Orchard submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98366 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.83%
    Property Tax per SF $14.81 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Port Orchard fall within the 100,000+ square foot range.

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