NOT LISTED FOR SALE

1833 Bay St Port Orchard, WA 98366

-- Bed
-- Bath
4,536 Sq Ft
6,098 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $1,546,500 $341 Per Sq Ft

162 Days on Market

Highlights

  • Bamboo Flooring
  • No HOA
  • Property is in very good condition

About This Home

As of September 2022

The Annapolis Apartments, a 6-unit trophy asset resting on roughly 0.14 acres of waterfront real estate. Built in 1955, this transit-oriented complex has overseen a complete interior and exterior remodel over the course of ownership (Purchased in 2016). The Annapolis apartments holds 6 1-bedroom 1-bathroom units averaging approximately 695 SF. Constructed with front to back units, all six homes hold unobstructed views of Sinclair Inlet, downtown Bremerton and Bainbridge Island. This fully renovated 6-plex provides investor a rare opportunity to own an irreplaceable turn-key product in Port Orchard’s rapidly growing market.

Last Agent to Sell the Property

Austin Kelley

Kidder Mathews License #131596 Listed on: 01/20/2022

Last Buyer's Agent

Austin Kelley

Kidder Mathews License #131596 Listed on: 01/20/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1880597

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,573

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Slab Foundation
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Bamboo Flooring

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Annapolis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40270340060103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,573

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1955
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Bamboo/Cork
  • Interior Amenities: Bamboo/Cork
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • WaterSewerGarbage: 12180

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: South Kitsap

Lot Info

  • Parcel Number: 40270340060103
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.5
  • LeasedItems: None
  • TotalMonthlyIncome: 10553

Multi Family

  • Gross Scheduled Income: 129636
  • Net Operating Income: 91443
  • Number Of Units Total: 6
  • Insurance Expense: 1800
  • Leasable Area: 4536
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7573

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,546,500 -3.3% $341 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
04/29/2022 04/29/22 Price Changed $1,600,000 -5.9% $353 / Sq Ft
04/13/2022 04/13/22 For Sale $1,700,000 +9.9% $375 / Sq Ft
04/12/2022 04/12/22 Off Market $1,546,500 -- --
04/11/2022 04/11/22 For Sale $1,700,000 0.0% $375 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $1,700,000 +165.6% $375 / Sq Ft
09/30/2016 09/30/16 Sold $640,000 -7.9% $141 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $695,000 -- $153 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Austin Kelley

    Seller's Agent in 2022

    Austin Kelley

    Kidder Mathews

    (360) 705-2800

    29 Total Sales

    Austin Kelley
    Section Image
  • Chad Martini

    Seller's Agent in 2016

    Chad Martini

    Westlake Associates, Inc.

    (206) 321-3226

    24 Total Sales

    Chad Martini
    Section Image
  • David Petersen

    Seller Co-Listing Agent in 2016

    David Petersen

    Westlake Associates, Inc.

    (206) 300-8909

    26 Total Sales

    David Petersen
    Section Image
  • Jim Swanson

    Buyer's Agent in 2016

    Jim Swanson

    COMPASS

    (253) 495-4655

    117 Total Sales

    Jim Swanson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1880597

Northwest Multiple Listing Service (NWMLS)

APN: 4027-034-006-0103

Washington Kitsap County Port Orchard 98366

1833 Bay St, Port Orchard, WA

This home is located at 1833 Bay St, Port Orchard, WA 98366 since 20 January 2022. This property was built in 1955. 1833 Bay St is a home located in Kitsap County with nearby schools including East Port Orchard Elementary School, Marcus Whitman Middle School, and South Kitsap High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. 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, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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