Well-Maintained
205 Muir Rd Martinez, CA 94553
205 Muir Rd, Martinez, CA, 94553
$1,350,000
For Sale
$1,350,000
Well-kept four-unit residential income property with one vacant unit and consistent two-bedroom layouts.
Days on Market49
Property Features for 205 Muir Rd
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1965
Listing agency
RE/MAX Accord
(925) 283-9200
Listed by
Kevin Obrien · License #1385083
Source
Elliman
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 6:18AM
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 Accord
Investment Insights
Based on property information with market context.
This well-maintained 4-plex offers four residential units and an owner-occupant-friendly setup, with one apartment currently vacant and described as easy to show. The tenant mix includes three 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit. The vacant unit has been updated with new wood floors and newer kitchen improvements, including new cabinets, countertops, and appliances.
The property is located about one block from the Martinez Kaiser and the VA-Hospital. Additional nearby conveniences are noted within roughly four blocks, including Nob Hill Foods, Starbucks, and a movie theater, as well as access to the Hwy-4 entrance.
Beyond the unit configuration, the building is described as uniquely private, with a pathway entrance surrounded by a garden and trees, designed so the property may not be immediately apparent when driving by. For buyers evaluating current performance, the remarks provide a cap rate of 6% at current rents and an estimated NOI of $81,054. This makes the asset straightforward for an investor seeking stabilized income characteristics, while the on-market vacancy allows prospective tenants or buyers to view a recently improved interior firsthand.
The property is located about one block from the Martinez Kaiser and the VA-Hospital. Additional nearby conveniences are noted within roughly four blocks, including Nob Hill Foods, Starbucks, and a movie theater, as well as access to the Hwy-4 entrance.
Beyond the unit configuration, the building is described as uniquely private, with a pathway entrance surrounded by a garden and trees, designed so the property may not be immediately apparent when driving by. For buyers evaluating current performance, the remarks provide a cap rate of 6% at current rents and an estimated NOI of $81,054. This makes the asset straightforward for an investor seeking stabilized income characteristics, while the on-market vacancy allows prospective tenants or buyers to view a recently improved interior firsthand.
Key Highlights
- 1965‑built 4‑plex with 3 units that are 2‑bed/1‑bath and 1 unit that is 2‑bed/2‑bath
- One apartment is vacant and easy to show
- One unit updated with new wood floors, new kitchen cabinets, countertops, and appliances
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-kept four-unit residential income property with one vacant unit and consistent two-bedroom layouts.
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: 1965‑built 4‑plex with 3 units that are 2‑bed/1‑bath and 1 unit that is 2‑bed/2‑bath; One apartment is vacant and easy to show; One unit updated with new wood floors, new kitchen cabinets, countertops, and appliances