4751 SE Horstman Rd

Port Orchard, WA 98366

$980,000
Last Sold Price
—
Beds
—
Baths
4,800 Sq. Ft.
$204 / Sq. Ft.
4,800
Sq. Ft.
$204
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 11/27/23
Sold 11/27/23
a view of a house with pool and chairs
a view of a house with a garden
a view of an house with backyard space and balcony
a view of backyard with plants and a large tree
a view of a backyard of the house
a view of a patio with table and chairs and potted plants
a view of staircase with white walls
a living room with furniture and a fireplace
a living room with furniture potted plant and a large window
a room with furniture and a window
a view of a dining room with furniture window and wooden floor
a kitchen with stainless steel appliances wooden floor dining table and chairs
a view of a dining room with furniture a chandelier and wooden floor
a kitchen with a sink stove top oven and cabinets
a living room with furniture and a couch
a bedroom with a balcony and a bed
a bedroom with a bed and a large window
a spacious bedroom with a bed and a lamp
a view of an empty room
a bathroom with a sink mirror and toilet
a bathroom with a sink and a mirror
a view of a livingroom with bathroom and front door
a view of a livingroom with wooden floor and a ceiling fan
a utility room with cabinets washer and dryer
a view of a balcony with wooden fence
a front view of house with yard and trees
an aerial view of residential houses with outdoor space
a view of a lake with houses
a view of a swimming pool with lawn chairs and plants
a backyard of a house with lots of green space
an empty room with wooden floor and windows
a view of lake with green space
a backyard of a house with a garden and tree
a view of outdoor space with trees all around
a view of a backyard
a bathroom with a sink and a mirror
a view of a house with a yard
a view of a yard with an outdoor space
a view of bathroom with a shower
Listing provided courtesy of Windermere RE West Sound Inc., Mosaic Realty
Source: Northwest MLS

Description

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...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!
  1. Listed by Rebecca Johnson • Windermere RE West Sound Inc.
    P: (360)-692-6102 rebeccajohnson@windermere.com

Property Details for 4751 Southeast Horstman Road

Community Name
Port Orchard
School District
South Kitsap
View
Mountain(s), Territorial
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
10-10-2023
Energy Source
Electric,Natural Gas,Wood
Sewer
Septic Tank
LISTING UPDATED: 09/05/2024 05:47 AM

Property Details for 4751 Southeast Horstman Road

StatusSold
MLS #2170132
Days on Market3
Cumulative Days on Market3
Taxes$8,835 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size1.46 AC / 63,598 SF
CountyKitsap County
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Location

Listing Courtesy of Windermere RE West Sound Inc.

Sold By Mosaic Realty

Add your commute

Building Information for 4751 Southeast Horstman Road

Stories2Residences4Year Built1976Building Size-Lot Size1.46 AC / 63,598 SF

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$5,671 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,935

Property Taxes

$736

HOA Dues

$0

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Property Information for 4751 Southeast Horstman Road

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Green House, High Speed Internet, Outbuildings, Patio, RV Parking
  • Area: 144 - Retsil/Manchester
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From Mile Hill, North on Baby Doll, left on Horstman, 2nd driveway on right. 2nd entrance on Baby Doll is not paved.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 12.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Features: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Radiant
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Metal
  • Security Features: FullyFenced
Property
Utilities
  • Water/Sewer/Garbage: 3300
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: West Sound
  • Power Production Type: Electric, Natural Gas, Wood
Property and Assessments
  • New Construction YN: No
  • Foundation: Slab
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Corner Lot, Dead End Street, Open Space, Paved, Secluded
  • Lot Size Source: County
  • Parcel Number Free Text: 30240210212003
  • Calculated Square Footage: 4800
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4800.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 12
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 23674
  • Gross Adjusted Income: 89850
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $90,758
  • Insurance Expense: $2,133
  • Net Operating Income: $66,176
  • Other Expenses: $9,406
  • Total Monthly Income: 7563
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4800.0
  • Leasable Area Units: Square Feet

Property History for 4751 Southeast Horstman Road

DateEvent & SourcePriceAppreciation
Nov 27, 2023

Sold

NWMLS #2170132

$980,000—
Oct 13, 2023

Pending

NWMLS #2170132

—
Oct 10, 2023

Listed (Active)

NWMLS #2170132

$995,000—
May 17, 2021

Sold

NWMLS #1759699

$785,000—
May 11, 2021

Sold (Public Record)

Public Record #1460634690

$785,000—
May 6, 2021

Pending

NWMLS #1759699

—
Apr 21, 2021

Listed (Active)

NWMLS #1759699

$750,000—
Mar 5, 2018

Sold

NWMLS #1254467

$480,000—
Mar 5, 2018

Listed (Active)

NWMLS #1254467

$480,000—
Mar 4, 2018

Sold

NWMLS #1254467

$480,000—
Mar 4, 2018

Pending

NWMLS #1254467

—
Mar 4, 2018

Listed (Active)

NWMLS #1254467

$480,000—
DateEvent & SourcePrice
11/27/2023

Sold

NWMLS #2170132

$980,000
10/13/2023

Pending

NWMLS #2170132

—
10/10/2023

Listed (Active)

NWMLS #2170132

$995,000
05/17/2021

Sold

NWMLS #1759699

$785,000
05/11/2021

Sold (Public Record)

Public Record #1460634690

$785,000
05/06/2021

Pending

NWMLS #1759699

—
04/21/2021

Listed (Active)

NWMLS #1759699

$750,000
03/05/2018

Sold

NWMLS #1254467

$480,000
03/05/2018

Listed (Active)

NWMLS #1254467

$480,000
03/04/2018

Sold

NWMLS #1254467

$480,000
03/04/2018

Pending

NWMLS #1254467

—
03/04/2018

Listed (Active)

NWMLS #1254467

$480,000

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

Public Records for 4751 Southeast Horstman Road

Taxable ValueLand$166,790Additions$983,530Total$1,150,320
Tax Record2026$9,813 ($818 / month)
Home Facts
Baths4Total Finished SqFt4,800 SqFtAbove Ground SqFt4,800 SqFtStories1Lot Size63,598 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976ZoningRRCountyKITSAPAPN302402-1-021-2003Fireplace TypeHas Fireplace

Schools near 4751 Southeast Horstman Road

This home is within South Kitsap School District.
Rating
School
Type
Grades
Distance
Orchard Heights Elementary School
Public - PK to 5
Marcus Whitman Junior High School
Public - 6 to 8
South Kitsap High School
Public - 9 to 12
Discovery High School
Public - 9 to 12
Rating
School
Distance
Orchard Heights Elementary School
PublicPK to 5

Marcus Whitman Junior High School
Public6 to 8

South Kitsap High School
Public9 to 12

Discovery High School
Public9 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 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 Windermere RE West Sound Inc.

Based on information submitted to the MLS GRID as of 09/05/2024 05:47 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.