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Four-Bedroom Duplex with Fenced Yards
For Sale
$624,000

5726 5728 Tracyton Boulevard NW, Bremerton, WA 98311

Each residence includes private outdoor space, laundry hookups, and a covered carport space.

Property Size3,040 SF
Price / SF$205.26
Days on Market78

Property Features for 5726 5728 Tracyton Boulevard NW

General Information

Standard status Active
Size 3,040 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2
Parking per Unit 1

Amenities

in-unit laundry hookups
private fenced backyards

Building Details

Year Built 1942
Buildings 1
Listing Agency: Windermere RE Bainbridge
Listed By: Daniel Moskin
Source: Mcardleteam
Added: Jul 29 Changed: Sep 26 Last Checked: Oct 7 at 2:00PM

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 Windermere RE Bainbridge

Investment Insights

Based on property information with market context.

This 3,040-square-foot duplex contains two 1,520-square-foot residences, each arranged with four bedrooms, two full bathrooms, living and dining areas, laundry hookups, a covered carport space, and a private fenced backyard. The property was built in 1942, and one unit is occupied by a long-term tenant while the other is available for showings.

Located at 5726 5728 Tracyton Boulevard NW in Bremerton’s Tracyton neighborhood, the duplex offers access to Central Kitsap schools, military bases, shopping, and outdoor recreation. The two-unit layout provides distinct living spaces and separate outdoor areas within a single residential income property.

Key Highlights

  • Two‑unit duplex totaling 3,040 SF
  • Each unit measures 1,520sf with four bedrooms and two full bathrooms
  • Private fenced backyard for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,581
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,620 $711.6K
Cap Rate 7%
$508,300 $508.3K
Cap Rate 9%
$395,344 $395.3K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$55.8K $18.36/SF
− Vacancy
−$5.0K −$1.64/SF
EGI
$50.8K $16.72/SF
− OpEx
−$15.2K −$5.02/SF
NOI
$35.6K $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%
$711,620
Cap Rate 7%
$508,300
Cap Rate 9%
$395,344

Alternative Uses

Best Use
Multifamily LT 5
$508.3K
$444.8K – $593.0K (±1% cap)
NOI $35,581 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$467.4K
$409.0K – $545.3K (±1% cap)
NOI $32,720 @ 7.0% cap · market cap 5.24%
Theoretical Best
Specialty Retail
$1.01M
$887.0K – $1.18M (±1% cap)
NOI $70,958 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Dental Office

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby

Demographics for 98311, WA

28,059
Population
11,019
Households
2.5
Avg Household Size
38
Median Age
32%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
2,505
Density / Sq Mi
$98,714
Median Household Income
$53,056
Median Earnings
$1,792
Median Rent
$448,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Each residence includes private outdoor space, laundry hookups, and a covered carport space.
Where is this duplex located?
The property is located at 5726 5728 Tracyton Boulevard NW Bremerton, WA.
What is the asking price?
The asking price for this property is $624,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,040 SF; Each unit measures 1,520sf with four bedrooms and two full bathrooms; Private fenced backyard for each residence
More about this property
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