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Listing Firm: Better Properties Gig Harbor: Brandon E Adams

Bought With: John L. Scott, Inc. : Kathy Berndtson

SOLD On March 23, 2021
NWMLS # 1726066

$516,000

  • Sold Price
  • - Beds
  • - Baths
  • 2206 Sq.ft.

1300 SE Cedar Road , Port Orchard, WA 98367

Listings with the three tree icon are courtesy of NWMLS

About This Property

Incredible investment opportunity! This recently updated duplex in Port Orchard sits on over an acre, is fully occupied, and brings in amazing rents-with a CAP rate of 6.9%! Boasting identical floor plans with 1103 sqft, 3 bedrooms, 2 full bathrooms, and their own private garage/work space. Unit #1(1300) has new flooring throughout, new appliances, new paint, and new fixtures. Unit #2(1302) was updated only 2 years ago. The entire duplex has fresh exterior paint, and a newer roof in excellent condition. Conveniently located only minutes away from shopping/dining, ~10 mins to Seattle Fast Ferry, and just a short shot to Gig Harbor and everything it has to offer. Updated units + good rental income + convenient location = Great Investment!

Buyer's Agent: Kathy Berndtson • John L. Scott, Inc.

Listed by: Brandon E Adams • Better Properties Gig Harbor

Aris360 Last Checked: Just Now (Jun 17, 2025 06:33 PM)

  • Source: NWMLS as Distributed by MLS Grid #1726066

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Cedar
  • Zip/Postal Code: 98367
  • City: Port Orchard

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$3,847 per month
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Property Features

  • County
    • Port Orchard
  • Community
    • 142 - S Kitsap E of Hwy 16
  • MLS Area
    • 142 - S Kitsap E of Hwy 16
  • Longitude
    • -122.637544
  • Latitude
    • 47.493728
  • Directions
    • From Bethel Rd SE, turn East on SE Cedar Rd. Go to end of SE Cedar Rd and turn left. Duplex will be first home on the right.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
    • Vinyl Plank
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 1
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 6
  • Lot Description
    • Paved,
    • Secluded,
  • Foundation
    • Poured Concrete,
    • Slab,
  • Elevation
    • Feet
  • Water Source
    • Individual Well,
    • Private,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Cable TV,High Speed Internet,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Septic Tank,
  • Lot Size in Acres

    • 1

  • Covered Spaces
    • 2
  • Condition
    • Good,
  • Building Total Area (Sq. Ft.)
    • 44431
  • Utilities
    • Cable Connected,
    • Septic System,
    • Electric,
    • Individual Well,
    • High Speed Internet,

  • High School District
    • South Kitsap
  • Jr. High School
    • Marcus Whitman Jnr H
  • Elementary School
    • Hidden Creek Elem
  • High School
    • So. Kitsap High

  • Possession
    • Closing,
    • See Remarks,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $3571
  • Year Built
    • 1993
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Tue Jun 17 2025 . 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.

Jun 17, 2025 06:33 PM