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Multifamily Property with Water Views
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425 Mitchell Ave, Port Orchard, WA 98366

Hillside apartments feature views toward Sinclair Inlet, the Bremerton waterfront, and the Olympic Mountains.

Property SizeContact for details
Days on Market144

Property Features for 425 Mitchell Ave

General Information

Standard status Active
Property subtype Multifamily

Amenities

sun terraces
open kitchens
electric ranges & dishwashers
central laundry room
Listing Agency: Lee & Associates - Seattle
Listed By: Stren Lea · License #WA 121073
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:50PM

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 Lee & Associates - Seattle

Investment Insights

Based on property information with market context.

This multifamily property at 425 Mitchell Ave includes apartments with sun terraces, open kitchens, electric ranges, dishwashers, double-pane vinyl windows, and electric baseboard heat. A central laundry room serves the property, while each unit has separate water and electric metering. Building improvements include a composition-shingle pitched roof, copper plumbing, electrical systems, beveled siding, granite countertops, and a landscaping sprinkler system.

The hillside setting provides outlooks across Sinclair Inlet, the Bremerton waterfront, and the Olympic Mountains. The property is walkable to South Kitsap High School, downtown Port Orchard, shopping centers, restaurants, cafes, and parks. The Kitsap Fast Ferry is accessible by car, and the property is located within the Port Orchard market supported by Naval Base Kitsap and related defense employment.

Key Highlights

  • Hillside property with views of Sinclair Inlet, the Bremerton waterfront, and the Olympic Mountains
  • 425 Mitchell Ave, Port Orchard, WA 98366
  • Apartments include sun terraces, open kitchens, electric ranges, and dishwashers

Property Analytics

Current Use

South Kitsap High ... High School Explorer Academy High School Wee Wolf Preschool High School SKHS JAZZ BAND Music Venue

Suggested Use

Top Pick Furniture & Home Goods Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby

Demographics for 98366, WA

36,969
Population
15,391
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
94%
High-School Grad
23.4 sq mi
ZIP Area
1,580
Density / Sq Mi
$88,807
Median Household Income
$51,884
Median Earnings
$1,704
Median Rent
$449,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Hillside apartments feature views toward Sinclair Inlet, the Bremerton waterfront, and the Olympic Mountains.
Where is this multifamily property located?
The property is located at 425 Mitchell Ave Port Orchard, WA.
What are key features of this property?
This property features: Hillside property with views of Sinclair Inlet, the Bremerton waterfront, and the Olympic Mountains; 425 Mitchell Ave, Port Orchard, WA 98366; Apartments include sun terraces, open kitchens, electric ranges, and dishwashers
More about this property
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