Search
Renovated Multifamily Property
For Sale
Contact for pricing

741 S Third St, San Jose, CA 95112

Two-story multifamily asset with six renovated units and an on-site single-family home, plus parking and maintained grounds.

Property SizeContact for details
Days on Market142

Property Features for 741 S Third St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: CBRE - San Jose
Listed By: Ben Mollahan · License #CA 02136790
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:29AM

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 CBRE - San Jose

Investment Insights

Based on property information with market context.

741 S Third is a two-story multifamily property built in 1904 on a 0.25-acre lot. The asset includes six fully renovated units plus one single-family home, for a total of seven residential units. Unit mix consists of three studios, two one-bedroom units, one two-bedroom unit, and one three-bedroom single-family home. Renovations include new kitchen cabinets and stainless steel appliances, laminate wood-style flooring, upgraded lighting, new bathrooms, and fresh paint throughout.

The property also features well-maintained grounds with turf, additional side yard space, and parking.

With 4,075 square feet of rentable space, the property offers a fully renovated residential package suitable for an investor seeking income-producing real estate in a high barrier-to-entry market.

Key Highlights

  • Two‑story multifamily asset built in 1904 on a 0.25‑acre lot with 4,075 SF of rentable space
  • 7 total units: 6 fully‑renovated units plus 1 on‑site single‑family home
  • Unit mix includes three studios, two 1‑bedroom units, one 2‑bedroom unit, and one 3‑bedroom single‑family home

Property Analytics

Current Use

Melanie Aguirre - San ... Housing Complex Sandy D. Binion, ... Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Acupuncture Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,763
Businesses Nearby

Demographics for 95112, CA

60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily asset with six renovated units and an on-site single-family home, plus parking and maintained grounds.
Where is this apartment building located?
The property is located at 741 S Third St San Jose, CA.
What are key features of this property?
This property features: Two‑story multifamily asset built in 1904 on a 0.25‑acre lot with 4,075 SF of rentable space; 7 total units: 6 fully‑renovated units plus 1 on‑site single‑family home; Unit mix includes three studios, two 1‑bedroom units, one 2‑bedroom unit, and one 3‑bedroom single‑family home
(408) 453-7400 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message