Sold
Last Sold Price
8 beds4 baths3,040 sqft
1146 Magnuson Way, Bremerton, WA 98310
Multi FamilyProperty Type
0.17 acresLot Size
1941Year Built
$263/sq ftPrice per sq ft
8 carsParking Spaces

Description

Here is your chance to own a well-maintained, income-producing property. This 4-plex has hardwood floors, updated kitchens and bathrooms. Each unit has 2 bedrooms and 1 bathroom and their own fenced-in yard with 8 parking spaces. Brand new roof installed February 2024. 15 minutes away from the shipyard and 5 minutes away from Olympic College. 3 units are on below market rents and one unit is empty for easy house hacking opportunity.Here is your chance to own a well-maintained, income-producing property. This 4-plex has hardwood floors, updated kitchens and bathrooms. Each unit has 2 bedrooms and 1 bathroom and their own fenced-in yard with 8 parking spaces. Brand new roof installed February 2024. 15 minutes away from the shipyard and 5 minutes away from Olympic College. 3 units are on below market rents and one unit is empty for easy house hacking opportunity.
  • Listed by: Matt Rutherford 253.238.9511 mrutherford253@gmail.com • Better Properties Downtown SV
Listing closed: 05/03/2024 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2214135

Location

Listing Courtesy of Better Properties Downtown SV

Sold By Windermere RE West Sound Inc.

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Principal and Interest

$4,139

Property Taxes

$339

HOA Dues

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Property Information for 1146 Magnuson Way

Property Details
  • Taxes: $4,062 / year
  • MLS Type: Residential Income
  • Community Name: Manette
  • School District: Bremerton #100c
  • View: Territorial
  • Number of Assigned Spaces: 8
  • Total Covered Parking: 0
  • Entry Date: 03-22-2024
  • Energy Source: Electric
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1941
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 149 - East Bremerton
  • Directions: Continue on WA-3 N. Take WA-304 E, Burwell St and WA-303 N to Magnuson Way in Bremerton Take exit 36 for WA-304 E toward Bremerton Continue onto WA-304 E/Charleston Blvd Turn left onto WA-303 N/Wa
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Vinyl
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1053
  • Power Company: PSE
  • Sewer Company: City of Bremerton
  • Water Company: Public
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 32
Lot Information
  • Lot Details: Curbs, Paved
  • Lot Size Source: realist
  • Parcel Number Free Text: 39680030070001
  • Calculated Square Footage: 3040
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3040.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7312
  • Gross Adjusted Income: 67688
  • Gross Rent Multiplier: 11.4
  • Gross Scheduled Income: $75,000
  • Insurance Expense: $2,197
  • Net Operating Income: $60,376
  • Other Expenses: $0
  • Total Monthly Income: 6250
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 760
  • Rent Unit 1: $1,525.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 760
  • Rent Unit 2: $1,600.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 760
  • Rent Unit 3: $1,525.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 760
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3040.0

Property History for 1146 Magnuson Way

DateEvent & SourcePriceAppreciation
May 3, 2024

Sold

NWMLS #2214135

$801,000—
Mar 28, 2024

Pending

NWMLS #2214135

—
Mar 22, 2024

Listed (Active)

NWMLS #2214135

$775,000—
DateEvent & SourcePrice
05/03/2024

Sold

NWMLS #2214135

$801,000
03/28/2024

Pending

NWMLS #2214135

—
03/22/2024

Listed (Active)

NWMLS #2214135

$775,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1146 Magnuson Way

Taxable ValueLand$54,580Additions$245,220Total$299,800
Tax Record2021$3,780 ($315 / month)
Home Facts
Baths4Total Finished SqFt3,040 SqFtAbove Ground SqFt3,040 SqFtStories2Lot Size7,405 SqFtStyleQuadraplexYear Built1941Year Renovated1978ZoningCITYCountyKITSAPAPN39680030070001

Schools near 1146 Magnuson Way

This home is within Bremerton School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
View Ridge Elementary School
PublicPK to 5

Mountain View Middle School
Public6 to 8

Bremerton High School
Public9 to 12

West Sound Technical Skills Center
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Properties Downtown SV

Based on information submitted to the MLS GRID as of 12/24/2025 10:13 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.