Two-Unit Duplex with Covered
New
For Sale
$448,000
2510 Fir Ave, Bremerton, WA 98310
Both residences are occupied and include separate entrances, electric baseboard heat, and individual covered patio areas.
Property Size1,726 SF
Lot Size0.27 Acres
Price / SF$259.56
Days on Market6
Property Features for 2510 Fir Ave
General Information
Standard status
Active
Size
1,726 SF
Lot size
0.27 Acres
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
covered patio space
off-street parking
Building Details
Year Built
1974
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
List4FlatFee.com, LLC
Listed By:
Stacie Whitfield · License #13147
(425) 344-6779
Source:
Handrisrealty
Added: Oct 10
Changed: Oct 15
Last Checked: Oct 15 at 1:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of List4FlatFee.com, LLC
Investment Insights
Based on property information with market context.
This single-level duplex contains two 2-bedroom, 1-bath residences with 1,726 square feet in total. Each unit has its own entrance, electric baseboard heating, and covered patio space. The property was built in 1974 and sits on a 0.27-acre lot, with off-street parking available.
Both units are tenant occupied. The property is located in Bremerton near shopping, dining, schools, transit, PSNS, and ferry access.
Both units are tenant occupied. The property is located in Bremerton near shopping, dining, schools, transit, PSNS, and ferry access.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,726 square feet total on a 0.27‑acre lot
- Both residences are tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,202
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,040
$404.0K
Cap Rate 7%
$288,600
$288.6K
Cap Rate 9%
$224,467
$224.5K
Market Conditions
NOI Build-Up for 1,726 SF
Gross rent
$31.7K $18.36/SF
− Vacancy
−$2.8K −$1.64/SF
EGI
$28.9K $16.72/SF
− OpEx
−$8.7K −$5.02/SF
NOI
$20.2K $11.70/SF
Area
Kitsap County, WA
Vacancy
8.93%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,040
Cap Rate 7%
$288,600
Cap Rate 9%
$224,467
Alternative Uses
Best Use
Multifamily LT 5
$288.6K
$252.5K – $336.7K
NOI $20,202 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$265.4K
$232.2K – $309.6K
NOI $18,577 @ 7.0% cap · market cap 4.15%
Theoretical Best
Specialty Retail
$575.5K
$503.6K – $671.5K
NOI $40,287 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 98310, WA
21,580
Population
9,635
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$73,292
Median Household Income
$43,305
Median Earnings
$1,559
Median Rent
$421,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and include separate entrances, electric baseboard heat, and individual covered patio areas.
Where is this duplex located?
The property is located at 2510 Fir Ave Bremerton, WA.
What is the asking price?
The asking price for this property is $448,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,726 square feet total on a 0.27‑acre lot; Both residences are tenant occupied
