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140 S Cambrian Avenue, Bremerton, WA, 98312

4beds
2baths
2,192sqft
$436,999
$199price/sqft
$2,814/moest. monthly cost
$112,560/yrincome needed

About This Home

Investor or owner-occupant opportunity in the heart of Bremerton. This two-unit property offers 2,192 sq ft of livable space minutes from Puget Sound Naval Shipyard and Naval Base Kitsap — one of the region's most reliable rental markets.The larger unit is a spacious 3-bed/1-bath at 1,523 sq ft, with room for roommates, while the second is an efficient 1-bed/1-bath at 669 sq ft — ideal for a single tenant or a low-maintenance rental. Both come equipped with range/oven, refrigerator, and dishwasher, plus shared on-site laundry. Covered parking and additional street parking mean tenants always have a spot. Both units are vacant and ready now — a clean slate to set rents at today's market, or live in one side while the other helps cover your mortgage. Projected rents pencil to $3,050/month, driving $36,600 gross scheduled income, $26,114 NOI, and a 5.67% cap rate at list. Steady military and civilian demand keeps vacancy low and tenants dependable. House-hack into ownership or run it turnkey from day one. Double listed MLS#

Getting Around

75
WalkingVery Walkable
27
TransitSome Transit
50
BikeBikeable

Schools

3/10
West Hills STEM AcademyGrades PK-50.6 mi
3/10
4/10
Bremerton High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1916

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Products

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 1/2 Story
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Bonus Room

  • Level: Second

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Dining Room
  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Forced Air,Electric,Natural Gas
  • Cooling features: Forced Air

Interior Area

  • Total structure area: 2,192
  • Total interior livable area: 2,192 sqft

Kitchen With Eating Space

  • Level: Main

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 37320030170004
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dining Room,Security System
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level

Lot

  • Lot size: 6,098 sqft
  • Features: Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio

Parking

  • Total spaces: 3
  • Parking features: Attached Carport,Driveway,Attached Garage,Off Street
  • Has garage: Yes
  • Covered spaces: 3
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Kitsap County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,209$26,508
Home Insurance *$111$1,332
Property Taxes $345$4,140
Electricity $149$1,799
Total$2,814$33,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,480/yr
40% on housing$84,420/yr
45% on housing$75,040/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$199This listing

vs Other Active Listings

Avg $/sqft

ZIP 98312$262
Kitsap County$294

vs Homes Sold Last Month

Median $/sqft

ZIP 98312$274
Kitsap County$302

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$415,000
2026-08-06Listed for sale$415,000
2020-12-23Sold$385,000
2006-03-14Sold$235,000
2005-03-16Sold$150,000

For Sale by Agent

AgentBrian Pate
BrokerageCOMPASS

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