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+12534953939
Real Broker LLC
3658 NW Munson Street, Silverdale, WA 98383
- $465,000
- 2,592
- SqFt
Listing Broker: Coldwell Banker Bain; Ryan N. Karns; ; Selling Office: eXp Realty.
- Sold Price
- $465,000
- List Price
- $500,000
- Status
- SOLD
- MLS#
- 2449054
- Closing Date
- Apr 13, 2026
- Style
- 54 - 4-Plex
- Building Condition
- Fixer
- Finished SqFt
- 2,592
- Area Total SqFt
- 2592
- Annual Tax Ammount
- 3775
- Lot Size (sq ft)
- 29,185
- Sewer
- Sewer Connected
Property Description
Investor special in the heart of Silverdale! This rare 4-unit multifamily property sits on a flat, level .67-acre lot zoned UHR (Urban High Residential)—ideal for redevelopment or rental income. The setup includes three attached single-story units totaling 1,800 SF (two 2-bed units) plus a detached 792 SF 2-bed/1-bath cottage. All units are connected to sewer with a peaceful creek running along the rear. Property needs repairs and is being sold as-is, cash only. Prime location near Hwy 3, shopping, transit, and naval base—excellent opportunity for the savvy investor or builder with vision.
Additional Information
- Community
- Silverdale
- Net Operating Income
- $29,561
- Gross Adjusted Income
- $24,852
- Gross Scheduled Income
- $26,160
- Total Monthly Income
- $2,180
- Water/Sewer/Garbage Expenses
- $516
- Gross Rent Multiplier
- 19.11
- Total Expenses
- $4,291
- Cap Rate
- 4.1
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 3658
- Potential Terms
- Cash, Rehab Loan
- Year Built
- 1951
- Waterfront
- Yes
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Gas Available, Outbuildings
- Energy Source
- Electric
- School District
- Central Kitsap #401
- Elementary School
- Silverdale Elem
- Middle School
- Central Kitsap Middle
- High School
- Central Kitsap High
- Total Monthly Income
- $2,180
- Gross Scheduled Income
- $26,160
- Vacancy Rate
- 5
- Gross Adjusted Income
- $24,852
- Tax Year
- 2025
- W/S/G Expenses
- $516
- Total Expenses
- $4,291
- Net Operating Income
- $29,561
- Gross Rent Multiplier
- 19.11
- Cap Rate
- 4.1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.