Fixer-Upper Tri-Plex
4035 Howe St Oakland, CA 94611
4035 Howe St, Oakland, CA, 94611
$799,000
For Sale
$799,000
MULTI_FAMILY - Oakland, CA
Property Size2,970 SF
Lot Size0.09 Acres
Price / SF$269.02
Days on Market12
Property Features for 4035 Howe St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Tandem
- Exterior features
- Back Yard, Front Yard, Yard Space
- Fencing
- Fenced
- Standard status
- Active
- APN
- 12996141
- Size
- 2,970 SF
- Lot size
- 0.09 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1908
- Flooring type
- Wood
- Building materials
- Stucco
Listing agency
RE/MAX Accord
(510) 339-4100
Listed by
Michael Hughey · License #01099878
(510) 915-3235
Added: Jul 10 Updated: Jul 17 at 4:33AM Checked: Jul 21 at 11:06PM
MLS# 41141269
Copyright © 2026 bridgeMLS. 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 fixer-upper tri-plex is offered for sale at 4035 Howe St in Oakland, CA 94611. The property consists of two 2-bedroom units and one 1-bedroom unit, providing a straightforward residential income configuration for an investor or contractor ready to restore the building. An extra-long driveway supports off-street parking for multiple vehicles.
Public remarks indicate the home is approximately one block from the Piedmont Avenue shopping and dining district, with nearby access to Temescal Brewery and Mosswood Park. BART and the Macarthur Corridor are described as minutes away for commuting convenience.
With a total property size listed at 2,970 square feet on a 0.0918-acre lot, this is a classic tri-plex being presented as a restoration opportunity.
Public remarks indicate the home is approximately one block from the Piedmont Avenue shopping and dining district, with nearby access to Temescal Brewery and Mosswood Park. BART and the Macarthur Corridor are described as minutes away for commuting convenience.
With a total property size listed at 2,970 square feet on a 0.0918-acre lot, this is a classic tri-plex being presented as a restoration opportunity.
Key Highlights
- Fixer‑upper tri‑plex built in 1908 with classic stucco exterior and wood flooring
- Unit mix includes two 2‑bedroom units and one 1‑bedroom unit
- Extra‑long tandem off‑street driveway for multiple vehicle parking
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 | $82.0k | $27.60 |
| − Vacancy | −$3.7k | −$1.24 |
| EGI | $78.3k | $26.36 |
| − OpEx | −$23.5k | −$7.91 |
| NOI | $54.8k | $18.45 |
2,970 SF · lease $27.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$782.8K
$685.0K – $913.3K
NOI $54,798 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$724.3K
$633.8K – $845.1K
NOI $50,703 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,579 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Tri-plex includes two 2-bedroom units and one 1-bedroom unit, with an extra-long driveway for off-street parking.
Where is this triplex located?
The property is located at 4035 Howe St Oakland, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fixer‑upper tri‑plex built in 1908 with classic stucco exterior and wood flooring; Unit mix includes two 2‑bedroom units and one 1‑bedroom unit; Extra‑long tandem off‑street driveway for multiple vehicle parking
