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Vallejo Duplex: Income Potential

1511 Marin St Vallejo, CA 94590

1511 Marin St, Vallejo, CA, 94590
$649,000
For Sale
Claim this Listing
$649,000

MULTI_FAMILY - Vallejo, CA

Property Size1,808 SF
Lot Size0.08 Acres
Price / SF$358.96
AddedMar 28
Days on Market110
Last RefreshJul 15 at 8:06 am

Property Features for 1511 Marin St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
8
Rooms
Bathroom 8, Bathroom 7, Bedroom 2, Bathroom 6, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 3
Parking features
Off Street
Standard status
Active
APN
0056042090
Size
1,808 SF
Lot size
0.08 Acres

Utilities

Heating system
Wall Furnace

Building Details

Year built
1933
Number of units
2
Flooring type
Vinyl
Building materials
Stucco
Roof type
Composition

Listing agent Max Manatt License #01957416

Listing office Keller Williams Tri-Valley 3825 Hopyard Rd. Ste 106, Livermore, CA

Listing date Mar 28, 2026

MLS# 41128963 Listing URL

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex in Vallejo features a blend of modern living and investment potential. Each unit offers a bright, open layout with an updated kitchen that flows into the living and dining areas, creating functional spaces. Spacious bedrooms and refreshed bathrooms enhance each unit. The generous lot provides added flexibility and outdoor potential. Current rents total $3650 per month. The units are separately metered. The property is conveniently located near parks, schools, shopping, dining, and major commuter routes. The property's size is 1808 square feet and the lot size is 0.0801 acres.

Key Highlights

  • Duplex built in 1933 with stucco exterior and composition roof
  • Current rents total $3,650 per month; units are separately metered
  • Wall furnace heating and vinyl flooring

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.2k $29.40
− Vacancy −$2.9k −$1.62
EGI $50.2k $27.78
− OpEx −$15.1k −$8.33
NOI $35.2k $19.45
1,808 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$502.3K
$439.5K – $586.0K (±1% cap)
NOI $35,162 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$451.2K
$394.8K – $526.4K (±1% cap)
NOI $31,581 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$879.9K
$769.9K – $1.03M (±1% cap)
NOI $61,595 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Tanning Salon Carpet & Flooring Store Florist Clothing & Fashion Store Locksmith Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained Vallejo duplex with modern updates and strong investment potential.
Where is this duplex located?
The property is located at 1511 Marin St Vallejo, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Duplex built in 1933 with stucco exterior and composition roof; Current rents total $3,650 per month; units are separately metered; Wall furnace heating and vinyl flooring
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