Courtesy: Keller Williams West Sound
360-204-5996
Peter Bradrick
Rare North Kitsap Investment Opportunity! Discover one of the most distinctive income-producing properties in the region. This architecturally striking octagonal fourplex features four private corner residences, each spanning three stories and offering a unique, townhouse-style living experience. Every unit includes 2 bedrooms, 2 bathrooms, a spacious kitchen and living area on the main level, and a private balcony perfect for enjoying the peaceful surroundings. The thoughtful layout gives each residence exceptional privacy while creating an attractive living environment for tenants. Currently three units are occupied, and one is vacant so you can view it. The property generates $6,000 per month in rental income ($1,500 per unit), with significant upside. Market rents are estimated at approximately $1,900 per month per unit, presenting a compelling value-add opportunity for investors seeking increased cash flow. Multifamily opportunities of this caliber are exceptionally rare in North Kitsap. Whether you're looking to expand your portfolio, execute a rental repositioning strategy, or secure a one-of-a-kind long-term investment, this property offers a unique combination of architectural character, stable income, and future potential. Don't miss your chance to own one of Suquamish's most distinctive multifamily investment properties.
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Suquamish is located in Washington. Suquamish, Washington has a population of 4,251. Suquamish is less family-centric than the surrounding county with 22.76% of the households containing married families with children. The county average for households married with children is 29.93%.
The median household income in Suquamish, Washington is $72,019. The median household income for the surrounding county is $84,600 compared to the national median of $69,021. The median age of people living in Suquamish is 47.6 years.
The average high temperature in July is 76 degrees, with an average low temperature in January of 36 degrees. The average rainfall is approximately 42.6 inches per year, with 3.5 inches of snow per year.
