1353 - 1355 Saddle Club Road SE, Port Orchard, WA 98366
- $725,000
- 2,980
- SqFt
Listing courtesy of Premier Real Estate Partners.
- List Price
- $725,000
- Status
- CONTINGENT
- MLS#
- 2541795
- Days on Market
- 40
- Style
- 52 - Duplex
- Finished SqFt
- 2,980
- Area Total SqFt
- 2980
- Annual Tax Ammount
- 5217
- Internet Provider
- Astound
- Lot Size (sq ft)
- 31,363
- Sewer
- Septic Tank
Property Description
Turnkey Duplex – Investment or Owner-Occupant Opportunity. Well-maintained duplex in a desirable Kitsap location near ferries, town, and commuter routes. One unit will be vacant at closing, offering the option to live in one side or maximize rental income. Each unit features 3 bedrooms, 2.5 baths, an attached garage, and additional off-street parking. The occupied unit is leased through December at $2,000/month plus $65/month for shared well water. Situated on a rare ¾-acre wooded lot, the property has seen major updates including a new roof, insulation, moisture barrier, Trex decks, and updated windows. This property has immediate income, strong rental appeal, and long-term flexibility.
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Additional Information
- List Date
- 2026-06-18 15:04:12
- Community
- Port Orchard
- Net Operating Income
- $51,977
- Gross Adjusted Income
- $59,166
- Gross Scheduled Income
- $62,280
- Total Monthly Income
- $5,190
- Insurance Expenses
- $1,972
- Gross Rent Multiplier
- 11.64
- Total Expenses
- $7,189
- Cap Rate
- 7.17
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1353 - 1355
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1991
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, RV Parking
- Energy Source
- Electric, Natural Gas
- School District
- South Kitsap
- Total Monthly Income
- $5,190
- Gross Scheduled Income
- $62,280
- Vacancy Rate
- 5
- Gross Adjusted Income
- $59,166
- Tax Year
- 2025
- Insurance Expense
- $1,972
- Total Expenses
- $7,189
- Net Operating Income
- $51,977
- Gross Rent Multiplier
- 11.64
- Cap Rate
- 7.17
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.