3-Unit Triplex with Tandem
1139 Ohio St, Vallejo, CA 94590
For Sale
$575,000
Three residential units offer separate floor plans, on-site storage, and a low-maintenance yard near ferry service and freeway access.
Property Size1,658 SF
Days on Market60
Property Features for 1139 Ohio St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Cap Rate
Amenities
storage closet
low-maintenance yard
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
RE/MAX Gold
Listed By:
Kevin Reilly · License #1371289
(415) 264-8869
Source:
Elliman
Added: Sep 11
Changed: Nov 8
Last Checked: Nov 8 at 6:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1960, this triplex contains three separately configured residences: two one-bedroom units and one two-bedroom unit. Each residence has an individual floor plan, while tandem parking serves all three units. The property also includes a carport area, a storage closet for maintenance supplies, and a dedicated water-heater closet. A low-maintenance yard supports straightforward upkeep.
The property is set among single-family homes and offers access to downtown San Francisco ferry service and the freeway. Walk Score is 70, indicating a somewhat walkable setting; Bike Score is 50, and Transit Score is 31. The property also carries a 6.60 CAP rate.
The property is set among single-family homes and offers access to downtown San Francisco ferry service and the freeway. Walk Score is 70, indicating a somewhat walkable setting; Bike Score is 50, and Transit Score is 31. The property also carries a 6.60 CAP rate.
Key Highlights
- Three‑unit configuration with two one‑bedroom units and one two‑bedroom unit
- Tandem parking provided for each of the three units
- 1960‑built triplex set among single‑family homes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,245
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,900
$644.9K
Cap Rate 7%
$460,643
$460.6K
Cap Rate 9%
$358,278
$358.3K
Market Conditions
NOI Build-Up for 1,658 SF
Gross rent
$48.7K $29.40/SF
− Vacancy
−$2.7K −$1.62/SF
EGI
$46.1K $27.78/SF
− OpEx
−$13.8K −$8.33/SF
NOI
$32.2K $19.45/SF
Area
Vallejo, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,900
Cap Rate 7%
$460,643
Cap Rate 9%
$358,278
Alternative Uses
Best Use
Multifamily LT 5
$460.6K
$403.1K – $537.4K
NOI $32,245 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$413.7K
$362.0K – $482.7K
NOI $28,961 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$806.9K
$706.1K – $941.4K
NOI $56,485 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,886
Businesses Nearby
Explore this area
Business Placement
Demographics for 94590, CA
39,981
Population
16,500
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
6,058
Density / Sq Mi
$66,957
Median Household Income
$43,383
Median Earnings
$1,768
Median Rent
$510,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer separate floor plans, on-site storage, and a low-maintenance yard near ferry service and freeway access.
Where is this triplex located?
The property is located at 1139 Ohio St Vallejo, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three‑unit configuration with two one‑bedroom units and one two‑bedroom unit; Tandem parking provided for each of the three units; 1960‑built triplex set among single‑family homes
