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  • Listed by: Better Properties Kitsap • Gloria Mellon
    $1,170,000

    4617 Beach Drive E, Port Orchard, WA 98366

    8beds
    8baths
    4,664sqft
    : 
    $7,277/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1980
    -- sqft lot
    $1,126,500 Zestimate®
    $251/sqft
    $-- HOA

    What's special

    Bonus of a garage
    Looking for a great investment with positive cash flow? Here's your chance to own not just 1 duplex but 2 duplexes in this beautiful area of Beach Drive in Port Orchard! Each unit has 2BR & a full bath plus a very unexpected half bath for guests. The layout is great! Living, Dining, Kitchen, & half bath on the main floor and 2 BR, full Bath and Laundry below plus storage. Each has its own deck looking out to Sinclair Inlet where the WA State Ferries travel several times a day along with a multitude of marine life to see in their natural habitat. Having the bonus of a garage is also very attractive to tenants. There is no better price per unit in much of Kitsap than these 2 duplexes. Rental demand is high and inventory is low. These units have never stayed empty very long. Rent payments are below the current market rates. An investor could create a bigger cap rate and would truly benefit from these duplexes in their portfolios. Please NO drive-bys. More photos to come!!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Gloria Mellon,

    Better Properties Kitsap

    Source: NWMLS as distributed by MLS GRID,MLS#: 2559306MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Heating
      • Baseboard, Wall Furnace, Electric
      Cooling
      • None
      Features
      • Flooring: Laminate, Vinyl, Carpet
      • Windows: Thermal Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 4,664
      • Total interior livable area: 4,664 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Garage
      • Garage spaces: 4
      • Uncovered spaces: 4
      Features
      • Has view: Yes
      • View description: Bay, Mountain(s), Partial, Territorial
      • Has water view: Yes
      • Water view: Bay
      Lot
      • Size: 0.75 Acres
      • Features: Dead End Street, Cable TV, Deck
      Details
      • Parcel number: 17240211262004
      • Zoning description: Multi-Family,Jurisdiction: County
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Good
      • Year built: 1980
      • Major remodel year: 1980

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Septic Tank, Company: Septic-See Remarks
      • Water: Public, Company: West Sound
      Green energy
      • Energy efficient items: Thermal Windows

      Community & HOA

      Community
      • Subdivision: Waterman
      Location
      • Region: Port Orchard

      Financial & listing details

      • Price per square foot: $251/sqft
      • Tax assessed value: $454,620
      • Annual tax amount: $8,525
      • Date on market: 7/23/2026
      • Cumulative days on market: 3 days
      • Listing terms: Conventional

        Estimated market value

        $1,126,500

        $1.07M - $1.18M

        $1,874/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$1,170,000+122.9%$251/sqft
        Source: NWMLS as distributed by MLS GRID #2559306 Report a problem
        7/13/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/30/2023Price change$1,550-6.1%
        Source: Zillow Rentals Report a problem
        5/23/2023Listed for rent$1,650
        Source: Zillow Rentals Report a problem
        4/3/2017Sold$525,000-4.5%$113/sqft
        Source: NWMLS as distributed by MLS GRID #1072784 Report a problem
        4/2/2017Pending sale$549,900$118/sqft
        Source: John L Scott Real Estate #1072784 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,821 +3.2%$454,620
        2023$3,704 +0.7%$454,620
        2022$3,680 +4.5%$454,620 +25%
        2021$3,520 -4.2%$363,820 +1.4%
        2020$3,673 +36.2%$358,920 +27.2%
        2019$2,698 -13%$282,120 +22.5%
        2018$3,102 $230,320
        2017$3,102 $230,320
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98366

        Getting around

        1 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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