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Renovated 14-Unit Apartment Complex
For Sale
Contact for pricing
Pending

617 S 9th Street, San Jose, CA 95112

Renovated 14-unit multifamily property with full exterior improvements and extensively updated interior units.

Property SizeContact for details
Days on Market143

Property Features for 617 S 9th Street

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 5.22%
Multifamily Units 14

Amenities

new dual-pane windows
exterior paint
new lighting
remodeled kitchens
new appliances
LVT flooring
ceiling fans
mirrored closet doors
renovated bathrooms
close to San Jose State University
near future Google Campus
near Diridon Station
near future BART station
convenient to freeways and Light Rail
Listing Agency: Newmark Real Estate
Listed By: Justin Bautista · License #CA 01268331
Source: Crexi
Added: Apr 10 Changed: Aug 25 Last Checked: Aug 29 at 1:41AM

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 Newmark Real Estate

Investment Insights

Based on property information with market context.

617 S. 9th Street is a renovated 14-unit apartment complex offered for sale individually. The exterior has been fully renovated with new dual-paned windows, exterior paint, and upgraded lighting. Interior upgrades include extensive renovations in 12 of the 14 units, with remodeled kitchens featuring new cabinets and countertops and new appliances, including dishwashers and microwaves. Updates also include LVT flooring, two-tone paint, ceiling fans, mirrored closet doors, new fixtures throughout, and renovated bathrooms.

The property is located within blocks of San Jose State University. It is also described as moments to future Google campus, Diridon Station, and a future BART station, with convenient access to freeways and light rail.

Additional buildings in the immediate area are available to purchase in combination, including 536 S. 8th Street, 545 S. 9th Street, and 676–680 S. 8th Street.

Key Highlights

  • Renovated 14‑unit apartment complex
  • Market GRM 13.79 and Market cap rate 5.22%
  • Full exterior renovation including new dual‑pane windows, exterior paint, and new exterior lights

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

1,972
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated 14-unit multifamily property with full exterior improvements and extensively updated interior units.
Where is this apartment building located?
The property is located at 617 S 9th Street San Jose, CA.
What are key features of this property?
This property features: Renovated 14‑unit apartment complex; Market GRM 13.79 and Market cap rate 5.22%; Full exterior renovation including new dual‑pane windows, exterior paint, and new exterior lights
More about this property
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