Apartment Building

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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8-Unit Apartment Building
Updated: Jul 11
8-Unit Apartment Building

3690 Jackson Ave SE, Port Orchard, WA 98366

$1,415,000
8‑unit apartment building in Port Orchard, WA
Offered for sale on the market for the first time in 27 years
Listed 6.02%
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Mixed-Use Property in Port Orchard
Mixed-Use Property in Port Orchard

821 Bay St, Port Orchard, WA 98366

$670,000
0.22 AC lot

Fully leased mixed-use property with income potential in downtown Port Orchard.

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Affordable Multifamily Community
Affordable Multifamily Community

3301 Valentine Lane SE, Port Orchard, WA 98366

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25-unit affordable housing community built in 1995 with hard-surface flooring and recent unit and exterior improvements.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Port Orchard, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Spacious Bremerton Apartments with Parking
Spacious Bremerton Apartments with Parking

2001 11th St, Bremerton, WA 98337

$1,250,000
6,000 sqft

Well-maintained Bremerton apartments with value-add potential and covered parking.

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Seven-Unit Residential Income Property
Seven-Unit Residential Income Property

3056 60th Ave SW, Seattle, WA 98116

$2,650,000
6,281 sqft

Admiral 7 offers a mix of townhome-style units and flats with in-unit laundry and updated interiors.

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Bremerton 7-Plex Investment Opportunity
Bremerton 7-Plex Investment Opportunity

2135 4th St, Bremerton, Bremerton, WA 98312

$774,900
2,812 sqft

Seven-unit multifamily property with value-add potential in Bremerton, Washington.

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Waterfront Property in West Seattle
Waterfront Property in West Seattle

7043 Beach Dr SW, Seattle, WA 98136

$2,595,000

Charming 1941 property with private beach and stunning views.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing
0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure
Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Port Orchard, WA Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Port Orchard, WA, showcased through 4 active listings 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 $2,085,000.

Sale prices for two-family homes in Port Orchard, WA start at $670,000, averaging $1,042,500, and reaching up to $1,415,000 — 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 $14.5M

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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