Investors, don't miss out! 6.6% cap rate and loyal, long-term renters! This amazing 4plex is super-unique for Kitsap County! Almost an acre and a half of usable land with incredible Olympic Mountain views and sunsets! Two 1 bedroom and two 2 bedroom, 1200 square ft units are in high demand. Couple that with the large shared shed, chicken coop, greenhouse and multiple fruit trees, who wouldn't want to live there? Vinyl siding and a metal roof make this place super low-maintenance. 2-unit shared laundry on each side of the building. 2 entrances with loads of extra parking. All tenants are month-to-month, Unit D is only vacant to spruce up for sale. Live in that unit and have a home that cash-flows! Listed under tax-assessed value of over $1M!
Sold
Listed by:
Rebecca J Johnson,
Windermere RE West Sound Inc.
Bought with: Mosaic Realty
$980,000
4751 SE Horstman Road, Port Orchard, WA 98366
--beds
--baths
4,800sqft
Quadruplex
Built in 1976
-- sqft lot
$1,009,600 Zestimate®
$204/sqft
$2,287 Estimated rent
Home value
$1,009,600
$899,000 - $1.12M
$2,287/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2024 at 05:47am
Listed by:
Rebecca J Johnson,
Windermere RE West Sound Inc.
Bought with:
Richard Bezus, 22006077
Mosaic Realty
Source: NWMLS,MLS#: 2170132
Facts & features
Interior
Heating
- Radiant
Cooling
- None
Features
- Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Total spaces: 12
- Parking features: RV Parking
- Uncovered spaces: 12
Features
- Patio & porch: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 1.46 Acres
- Features: Corner Lot, Dead End Street, Open Lot, Paved, Secluded, Cable TV, Deck, Fenced-Partially, Gas Available, Green House, High Speed Internet, Outbuildings, Patio, RV Parking
Details
- Parcel number: 30240210212003
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Metal/Vinyl
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1976
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Company: West Sound
Green energy
- Energy efficient items: Thermal Windows
Community & neighborhood
Location
- Region: Port Orchard
- Subdivision: Port Orchard
Other
Other facts
- Listing terms: Cash Out,Conventional,VA Loan
- Cumulative days on market: 546 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2023 | Sold | $980,000-1.5%$204/sqft |
Source:  NWMLS #2170132 Report a problem | ||
| 10/13/2023 | Pending sale | $995,000$207/sqft |
Source: NWMLS #2170132 Report a problem | ||
| 10/10/2023 | Listed for sale | $995,000+26.8%$207/sqft |
Source: NWMLS #2170132 Report a problem | ||
| 5/17/2021 | Sold | $785,000+4.7%$164/sqft |
Source: NWMLS #1759699 Report a problem | ||
| 5/6/2021 | Pending sale | $750,000$156/sqft |
Source: NWMLS #1759699 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,683 +3.2% | $1,023,080 |
| 2023 | $8,417 +1.3% | $1,023,080 +0.6% |
| 2022 | $8,313 +0.1% | $1,016,550 +19.5% |
Find assessor info on the county website
Neighborhood: 98366
Nearby schools
GreatSchools rating
- 5/10Manchester Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10John Sedgwick Junior High SchoolGrades: 6-8Distance: 3.7 mi
- 7/10South Kitsap High SchoolGrades: 9-12Distance: 1.6 mi
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