Well-Maintained Martinez Fourplex For
205 Muir Rd Martinez, CA 94553
205 Muir Rd, Martinez, CA, 94553
$1,350,000
For Sale
$1,350,000
MULTI_FAMILY - Martinez, CA
Property Size3,360 SF
Lot Size0.21 Acres
Price / SF$401.79
Days on Market59
Property Features for 205 Muir Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport
- Exterior features
- Private Entrance
- Standard status
- Active
- APN
- 1623410261
- Size
- 3,360 SF
- Lot size
- 0.21 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1965
- Number of units
- 4
- Flooring type
- Engineered, Tile
- Building materials
- Stucco
Listing agency
RE/MAX Accord
(925) 283-9200
Listed by
Kevin Obrien · License #1385083
(925) 595-0422
Added: May 24 Updated: Jul 8 at 9:10PM Checked: Jul 21 at 11:06PM
MLS# 41135891
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 fourplex is located one block from Martinez Kaiser and the VA Hospital. The property is situated in a premium location and features a uniquely private pathway entrance with a garden and trees. The building offers tenants privacy and charm. The property is approximately 3,360 square feet in size and sits on a lot of approximately 0.2066 acres. One apartment is vacant and has been updated with new wood floors, kitchen cabinets, countertops, and appliances. The property includes three 2-bed, 1-bath units and one 2-bed, 2-bath unit. The property is about 4 blocks to Nob Hill Foods, Starbucks, a movie theater, and the entrance to Hwy-4.
Key Highlights
- Well‑maintained 4‑plex one block from Martinez Kaiser and the VA Hospital
- Unit mix: three 2‑bed/1‑bath units and one 2‑bed/2‑bath unit; one apartment is vacant and easy to show
- 1965 construction with stucco exterior and private entrance/pathed entry with garden and trees
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 | $86.7k | $25.80 |
| − Vacancy | −$4.5k | −$1.34 |
| EGI | $82.2k | $24.46 |
| − OpEx | −$24.7k | −$7.34 |
| NOI | $57.5k | $17.12 |
3,360 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$821.8K
$719.1K – $958.8K
NOI $57,526 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$763.0K
$667.7K – $890.2K
NOI $53,412 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,906 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fourplex near Kaiser and VA Hospital with strong income potential.
Where is this quadplex located?
The property is located at 205 Muir Rd Martinez, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Well‑maintained 4‑plex one block from Martinez Kaiser and the VA Hospital; Unit mix: three 2‑bed/1‑bath units and one 2‑bed/2‑bath unit; one apartment is vacant and easy to show; 1965 construction with stucco exterior and private entrance/pathed entry with garden and trees
