117 Sheridan Rd, Unit A & B

2
Baths
1,878 Sq. Ft.
$253 / Sq. Ft.
1,878
Sq. Ft.
$253
per Sq. Ft.

Description

Add this strong 7.5% cap rate property to your portfolio! Build wealth over time by having your tenants pay your mortgage. This property features two THREE bedroom units. The simple, ground floor layout is versatile to many different renters. Plenty of lawn space and the property is only a short walk to Lion's Park and the waterfront. Conveniently located between the shipyard and Bangor, vacancy is always low! Olympic College and Seattle ferries are also close by! Lots of electrical upgrades recently...Add this strong 7.5% cap rate property to your portfolio! Build wealth over time by having your tenants pay your mortgage. This property features two THREE bedroom units. The simple, ground floor layout is versatile to many different renters. Plenty of lawn space and the property is only a short walk to Lion's Park and the waterfront. Conveniently located between the shipyard and Bangor, vacancy is always low! Olympic College and Seattle ferries are also close by! Lots of electrical upgrades recently completed including the panels.
  1. Listed by Keegan Burmark • Adelbern Real Estate LLC

Property Details for 117 Sheridan Road, Unit A & B

Community Name
East Bremerton
School District
Bremerton #100c
View
Partial, Sea
Total Covered Parking
0
Offers Review Date
02-09-2026
Entry Date
02-03-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 02/03/2026 09:58 AM

Property Details for 117 Sheridan Road, Unit A & B

StatusActive
MLS #2476002
Days on Market1
Cumulative Days on Market1
Taxes$3,047 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.20 AC / 8,712 SF
CountyKitsap County

Location

Listing Courtesy of Adelbern Real Estate LLC
Add your commute

Building Information for 117 Sheridan Road, Unit A & B

Stories1Residences2Year Built1943Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,569 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,315

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 Sheridan Road, Unit A & B

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially, Gas Available, High Speed Internet, Outbuildings
  • Area: 149 - East Bremerton
  • Effective Year Built Source: Public Records
  • Directions: GPS Friendly.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
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: Ceramic Tile, Vinyl, Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water/Sewer/Garbage: 1800
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Bremerton
  • Water Company: City of Bremerton
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Pillar/Post/Pier, Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1943
  • Photos Count: 20
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 39640000030005
  • Calculated Square Footage: 1878
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1878.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 5
  • Number of Stories in Building: 1
  • Unit Number: A & B
  • Vacancy Rate: 3
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8088
  • Gross Adjusted Income: 43976
  • Gross Rent Multiplier: 10.48
  • Gross Scheduled Income: $45,336
  • Insurance Expense: $2,741
  • Net Operating Income: $35,888
  • Other Expenses: $500
  • Total Monthly Income: 3778
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 900
  • Rent Unit 1: $1,889.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 978
  • Rent Unit 2: $1,889.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1878.0

Property History for 117 Sheridan Road, Unit A & B

DateEvent & SourcePriceAppreciation
Feb 3, 2026

Listed (Active)

NWMLS #2476002

$475,000—
Nov 29, 2022

Sold

NWMLS #1994716

$394,000—
Oct 21, 2022

Pending

NWMLS #1994716

—
Oct 10, 2022

Price Change

NWMLS #1994716

$399,900—
Sep 26, 2022

Listed (Active)

NWMLS #1994716

$419,000—
DateEvent & SourcePrice
02/03/2026

Listed (Active)

NWMLS #2476002

$475,000
11/29/2022

Sold

NWMLS #1994716

$394,000
10/21/2022

Pending

NWMLS #1994716

—
10/10/2022

Price Change

NWMLS #1994716

$399,900
09/26/2022

Listed (Active)

NWMLS #1994716

$419,000

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

Schools near 117 Sheridan Road, Unit A & B

This home is within Bremerton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Armin Jahr Elementary School
PublicK to 5

Mountain View Middle School
Public6 to 8

Bremerton High School
Public9 to 12

Bremerton Home Link Program
PublicK to 8

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.

Similar Homes

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117 Sheridan Road, Unit A & B is a multi-family home for sale in Bremerton, WA 98310. This property was listed for sale on February 3, 2026 by Adelbern Real Estate LLC, it's currently listed at $475,000. It has been on the market for a total of 1 days and was last sold on November 29, 2022. This listing's school district is Bremerton School District. Nearby schools include Armin Jahr Elementary School, Mountain View Middle School and Bremerton High School. 117 Sheridan Road, Unit A & B is a 6-bed, 2-bath, 1,878 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Adelbern Real Estate LLC

Based on information submitted to the MLS GRID as of 02/03/2026 09:58 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.