Beautiful duplex situated on a spacious half-acre lot with scenic water views. The property features beautifully landscaped front and back yards with mature trees and greenery, creating a peaceful setting. Both units offer open floor plans filled with natural light. Unit A has been fully updated and is vacant, making it move-in ready for an owner-occupant or new tenant. Market rent is $2200. Unit B is occupied by a long-term tenant on a month-to-month lease, currently paying $1,864per month. Recent updates include a new roof, and the deck for Unit A will be replaced prior to closing. This is an excellent opportunity to live in one unit while generating rental income from the other. Priced below market for exceptional value.
Active
Listed by: Better Properties Summit • Subish Mathew
$520,000
7655 E Karen Lane, Port Orchard, WA 98366
4beds
2baths
1,680sqft
:
Get pre-qualified$3,200/mo
Duplex, Multi Family
Built in 1983
-- sqft lot
$512,300 Zestimate®
$310/sqft
$-- HOA
What's special
Scenic water viewsMature trees and greenerySpacious half-acre lotNew roof
- 11 days |
- 432 |
- 38 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Subish Mathew,
Better Properties Summit
Source: NWMLS as distributed by MLS GRID,MLS#: 2555639
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Parking
- Total spaces: 4
- Carport spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.48 Acres
Details
- Parcel number: 21240210792005
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Fair
- Year built: 1983
- Major remodel year: 1983
Utilities & green energy
- Electric: Company: Subish Mathew
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Manchester
Location
- Region: Port Orchard
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $405,240
- Annual tax amount: $3,693
- Date on market: 7/14/2026
- Cumulative days on market: 14 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$512,300
$487,000 - $538,000
$2,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $520,000+64%$310/sqft |
Source:  NWMLS as distributed by MLS GRID #2555639 Report a problem | ||
| 8/16/2022 | Sold | $317,000$189/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,401 +3.2% | $405,240 |
| 2023 | $3,296 +0.7% | $405,240 |
| 2022 | $3,274 +4.7% | $405,240 +25.1% |
| 2021 | $3,128 +0.1% | $324,050 +5.9% |
| 2020 | $3,126 +27.2% | $306,010 +18.7% |
| 2019 | $2,457 -11.8% | $257,780 +27.3% |
| 2018 | $2,784 | $202,470 |
| 2017 | $2,784 +20.4% | $202,470 +11.7% |
| 2016 | $2,312 +2.3% | $181,280 +2.1% |
| 2015 | $2,259 | $177,530 +3.2% |
| 2014 | $2,259 +3.6% | $172,000 |
| 2013 | $2,181 +7.8% | $172,000 -3.2% |
| 2012 | $2,023 +3.9% | $177,720 -3% |
| 2011 | $1,947 +1.1% | $183,180 -6% |
| 2010 | $1,926 +4.4% | $194,820 -9.3% |
| 2009 | $1,845 -0.5% | $214,680 -4.3% |
| 2008 | $1,854 -9.5% | $224,260 +0.3% |
| 2007 | $2,048 +20.2% | $223,610 +56.2% |
| 2005 | $1,703 | $143,160 +15.9% |
| 2002 | -- | $123,470 |
| 2001 | $1,287 -17.3% | $123,470 +11.5% |
| 2000 | $1,557 | $110,780 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Manchester
Nearby schools
GreatSchools rating
- 6/10Manchester Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10John Sedgwick Junior High SchoolGrades: 6-8Distance: 4 mi
- 7/10South Kitsap High SchoolGrades: 9-12Distance: 3.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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