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Listing provided courtesy of eXp RealtyNWMLSMLS# NWM2491014MLS Provider
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These 1940 cabins offer a unique blend of classic charm and modern convenience in a prime Kitsap Lake location. These 2 homes on a single parcel are nestled in a serene neighborhood. The homes are partially updated making an excellent opportunity for investors or those seeking a cozy home with rental potential. This parcel is zoned R-10 and double listed in the MLS under single family and multifamily listings. Each home is a 1-bedroom, 3/4 bath unit with its own laundry and everything else you may need. This is a prime location, with quality tenants, and strong upside and the type of investment you’ve been waiting for. Units are currently on month-to-month leases, with long term tenants making this a turnkey opportunity. Monthly rent for these units is $1,050/month and $1,100/month and current rates are below market value.

Source: NWMLS, MLS#: NWM2491014

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  • Property Type
    Residential
  • Lot
    0.24 acres

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  • Median Age
    37
  • Population Density
    452
  • College Educated
    40%
  • Estimated Median Income
    $68,195
  • Estimated Total Home Owners
    7,802
  • Estimated Total Renters
    4,791
  • Owner / Renter Divide
    62% / 38%
  • Estimated Average Household Size
    2
  • Total Population
    30,437
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1275 Northlake Way NW

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/21/2026Source: NWMLS Price Reduction
$410,000 -3.5%
5/21/2026Source: NWMLS Price Reduction
$410,000 -3.5%
4/28/2026Source: NWMLS Added to Database
April 28, 2026
4/24/2026Source: NWMLS Added to Database
April 24, 2026