Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$5,250,000

  • For Sale
  • Active
  • Multi-Family

Listed by Gabe Blake | Blake Investment Advisors | (206) 618-2207 and Josh Blake | Blake Investment Advisors | (206) 618-2207

See This Home
Save This Home
See This Home
Save This Home
Waterfront Park Apartments offers a rare turnkey investment on the Silverdale waterfront. This fully renovated 20-unit community boasts a 5.93% cap rate and a 6.56% cash-on-cash return on current rents. The property features 16 spacious two-bedroom townhome-style units and 4 one-bedroom units, averaging 758 SF. Ownership has invested over $1.1M in capital improvements, delivering modern finishes and durable systems throughout-new roofs, Hardie siding, cabinetry, stainless steel appliances, in-unit washers/dryers, upgraded electrical and mechanical systems, and stylish interior updates. The result is a low-maintenance, high cash-flowing asset poised to capture long-term rent growth in one of Kitsap's most desirable waterfront locations.

Full Property Details for 8755 Shore Pl NW

General

  • Price: $5,250,000
  • Taxes: $25,622 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2431025
  • Updated: 9/8/2025
  • Added to Site: 131 day(s) ago

Interior

  • Flooring: Vinyl Plank

Parking

  • Uncovered Spaces: 36

Location

  • Area: 147 - Silverdale
  • County: Kitsap
  • Subdivision: Silverdale
  • Driving Directions: Drive on Silverdale Way

School Information

  • High School District: Bremerton #100c

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood Products
  • Foundation: Slab
  • Roof: Metal
  • Stories in Building: 2
  • Square Feet: 15,160
  • Year Built: 1942
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Building: 20

Lot Features

  • Lot Size (Acres): 0.97
  • Lot Size (Sq. Ft.): 42,253
  • Lot Size Source: County Record

Water Features

  • Water Front: Yes

Financial Considerations

  • Tax Amount: $25,622
  • Tax Year: 2025
  • Terms: Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 44630000060204

Listed by Gabe Blake | Blake Investment Advisors | (206) 618-2207 and Josh Blake | Blake Investment Advisors | (206) 618-2207

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8755 Shore Pl NW

School District:Central Kitsap School District
NameGradesDistance
Silverdale Elementary School
9100 Dickey Road Northwest, Silverdale, WA 98383
PK-60.8 mi
Central Kitsap Middle School
3850 Northwest Anderson Hill Road, Silverdale, WA 98383
7-90.8 mi
Central Kitsap High School
10140 Frontier Place Northwest, Silverdale, WA 98383
10-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8755 Shore Pl NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/08/2025
Listed
$5,250,000
35.86%
MLS
9/16/2022
Sold
$3,864,400
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8755 Shore Pl NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,600
3%
$503,420
—
2024
$4,473
—
$503,420
—
2023
$4,493
-3%
$503,430
20%
2023
$4,625
15%
$419,520
15%
2021
$4,012
—
$365,790
20%
2021
$4,012
21%
$304,830
5%
2020
$3,315
2%
$290,320
19%
2019
$3,257
1%
$243,680
56%
2018
$3,227
58%
$156,180
3%
2017
$2,038
-4%
$151,190
1%
2016
$2,126
5%
$149,950
7%
2015
$2,020
5%
$139,530
—
2014
$1,927
—
$139,530
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 8755 Shore Pl NW

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Gabe Blake | Blake Investment Advisors | (206) 618-2207 and Josh Blake | Blake Investment Advisors | (206) 618-2207

Just Listed near 8755 Shore Pl NW

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1314 NE South Petterson Rd, Keyport, WA 98345 - Photo 1 Just Listed
$975,000

1314 NE South Petterson Rd  Keyport, WA 98345

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,410
    Sq. Ft.
Listed by Jennifer Moretty | Keller Williams Greater 360
13015 Brownsville Hwy NE, Poulsbo, WA 98370 - Photo 1 Just Listed
$422,000

13015 Brownsville Hwy NE  Poulsbo, WA 98370

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,850
    Sq. Ft.
Listed by Christopher Lawrence | Trillionaire Realty
20161 Viking Crest Loop NE, Poulsbo, WA 98370 - Photo 1 Just Listed
$339,950

20161 Viking Crest Loop NE  #5-301  Poulsbo, WA 98370

  • Condo
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,200
    Sq. Ft.
Listed by Matt Lamagna | John L. Scott, Inc.
1502 NW Swenson Ct, Poulsbo, WA 98370 - Photo 1 Just Listed
$659,950
Open House

1502 NW Swenson Ct  #12  Poulsbo, WA 98370

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,330
    Sq. Ft.
Listed by David Kobayashi | KB Home Sales and Rebecca Hart | KB Home Sales

Price Reduced near 8755 Shore Pl NW

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

24165 Port Gamble Rd NE, Poulsbo, WA 98370 - Photo 1 Price Reduced
-$30,000 (-4.14%)
$695,000

24165 Port Gamble Rd NE  Poulsbo, WA 98370

  • Single Family
  • Active
  • Updated 9 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,452
    Sq. Ft.
Listed by Lana Eisenbarth | Keller Williams Greater 360
10825 Brownsville Hwy NE, Poulsbo, WA 98370 - Photo 1 Price Reduced
-$88,000 (-9.91%)
$800,000

10825 Brownsville Hwy NE  Poulsbo, WA 98370

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,575
    Sq. Ft.
Listed by Alyssa Ahern | Windermere RE West Sound Inc. and Scott Ahern | Windermere RE West Sound Inc.
18130 Sunrise Ridge Ave NE, Poulsbo, WA 98370 - Photo 1 Price Reduced
-$24,995 (-3.57%)
$675,000

18130 Sunrise Ridge Ave NE  Poulsbo, WA 98370

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,030
    Sq. Ft.
Listed by Tasha Zetty | RE/MAX Connect
12620 Old Military Rd, Poulsbo, WA 98370 - Photo 1 Price Reduced
-$15,000 (-2.52%)
$580,000

12620 Old Military Rd  Poulsbo, WA 98370

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,308
    Sq. Ft.
Listed by Michael Gray | Realogics Sotheby's Int'l Rlty

8755 Shore Place NW, Silverdale, WA 98383 (MLS# 2431025) is a Multi-Family property with 20 units containing 0 bedrooms and 0 full bathrooms. 8755 Shore Place NW is currently listed for $5,250,000 and was received on September 08, 2025. Want to learn more about 8755 Shore Place NW? Do you have questions about finding other Multi-Family real estate for sale in Silverdale? You can browse all Silverdale real estate or contact a Coldwell Banker agent to request more information.

Tour this property