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$539,000   Price Analysis
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1871 SE Vale Rd
Port Orchard, WA 98366
Unknown bed None bath 1,560 SqFt ($345/SqFt)
0.44 acre lot. Built 1979
Listed 2024-06-15, Taxes $3,043
USDA Eligible
near Port Orchard, WA
 

Duplex available in Port Orchard.

Two good units on corner lot. Each unit was totally remodeled by current owner when they purchased the property. Both tenants have been long term and have taken good care of the property. With new septic system for both units i nstalled in 2021.

Each unit has 2 bedrooms with 1 bath 1 fireplace and attached one car garage. Both units have gas furnace, gas hot water and gas dryer. Easy access to shopping, schools, medical, ferries and highway. Excellent prperty for your portfolio.


Presented by Dale Walters at
Dale Walters Real Estate.
Listing Agent Photo

Property MLS #2252691 from NWMLS

Wall to Wall Carpet
Flooring: Vinyl, Wall to Wall Carpet

Bedrooms Possible: 4

Heating Features: Forced Air
Heating Fuel: Natural Gas
Heating: Yes

Wood

Covered Spaces: 2
Parking Total: 4
Garage Sqft: 624

Lot Description: Corner Lot, Dead End Street, Paved Street
Lot Size Acres: 0.44
Lot Size Square Feet: 19166

Elementary School: Hidden Creek Elem
High School: So. Kitsap High
High School District: South Kitsap
Middle School: Marcus Whitman Jnr H

Hidden Creek Elementary School is a public elementary school located approximately 0.7 miles away.
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Marcus Whitman Junior High School is a public middle school located approximately 1.6 miles away.
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South Kitsap High School is a public high school located approximately 2 miles away.
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South Kitsap Christian School is a private elementary school located approximately 1.1 miles away.
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Gross Scheduled Income: 40140
Leasable Area: 1560
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Description: 1871
Unit-2 Description: 1873
Unit-1 Square Feet: 780
Unit-2 Square Feet: 780
Unit 1 Total Actual Rent: 1680
Unit 2 Total Actual Rent: 1665

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 3067
Source Listing Status: Active
Country Region: US
County: Kitsap
Cap Rate: 6.4
Directions: From Hwy 16 to (East) on Sedgwick to (Left) on Converse to end. Then take right. First property on (Left). No real estate sign or keybox. as per seller request. Letter on file.
Tax Year: 2024
Other Expense: 500
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1140
Area: 143 - Port Orchard
List Development Name: Port Orchard
Source Neighborhood: Port Orchard
Parcel Number: 01230140572001
Street Suffix Modifier: Road
Subdivision: Port Orchard
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$212,220 + $70,890
$283,110
$3,043
2022$193,470 + $65,870
$259,340
$3,016
2021$184,810 + $62,730
$247,540
$2,912
2020$139,230 + $61,770
$201,000
$2,857
2019$118,720 + $61,770
$180,490
$2,156
2018$106,850 + $61,770
$168,620
$2,278
2017$91,740 + $61,770
$153,510
$1,984
2016$89,580 + $61,770
$151,350
$1,968
2015$87,420 + $61,770
$149,190
$1,912
2014$87,420 + $61,770
$149,190
$1,931
2012$102,360 + $69,310
$171,670
$2,066
2011$106,540 + $71,450
$177,990
$2,005
2010$108,400 + $73,680
$182,080
$1,921
2009$119,920 + $81,300
$201,220
$1,852
2008$125,160 + $84,690
$209,850
$1,859

Listed 2024-06-15
$539,000
NWMLS
Sold 2003-12-04
$136,250
Public Record
Sold 1990-06-29
$81,500
Public Record
Sold 1986-07-22
$68,750
Public Record

Net Operating Income: 34593
Operating Expense: 5547

Power Production Type: NaturalGas
Sewer: Septic
Water Source: Public

Building Area Total: 1560
Building Area Units: Square Feet
Construction Materials: StandardFrame
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 45
Property Condition: Very Good
Roof: Composition
Building Total Stories: 1
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.