801 Veneta Avenue, Bremerton, WA 98337 (MLS # 2568462)

Listing provided courtesy of Northwest MLS; Kidder Mathews

PRICE	$725,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	8,277 sqft

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The Veneta apartment offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at a 7% cap rate on in-place income. The property is an older-vintage asset with dated interiors, presenting a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization - a classic value-add play in a market where comparable renovated units command a meaningful rent premium. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, which continues to support steady renter demand and provides a durable, recession-resistant tenant base for well-located multifamily product in the submarket. For an investor seeking a manageable-scale renovation project with an attractive going-in yield and a clear path to stabilized upside, 801 Veneta Ave offers an efficient entry point into the Bremerton multifamily market.

LAST UPDATED	8/12/2026	TRACT	Bremerton
YEAR BUILT	1912	COMMUNITY	Bremerton
COUNTY	Kitsap	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	None
AREA	148 - West Bremerton
BASEMENT	Yes
CONSTRUCTION	Wood Siding
HEAT	Baseboard, Electric
LOT	8276 sq ft
MLS STATUS	Active
STORIES	3
STYLE	55 - 5-9 Units
SUBDIVISION	Bremerton
TAXES	6664
UTILITIES	Sewer Connected
VIEW	Yes
VIEW DESCRIPTION	Territorial
ZONING	Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/13/26 8:40 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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