4-Unit Multifamily
New
For Sale
$855,000
1343 Colusa Street, Vallejo, CA 94590
Residential Income, Vallejo, CA
Property Size3,388 SF
Lot Size0.18 Acres
Price / SF$252.36
Days on Market1
Property Features for 1343 Colusa Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 4
Parking
5
Parking features
Carport
Patio and Porch features
Deck
Lot features
Court, Curb(s), Garden, Landscape Front, Sidewalk
Directions
Turn right onto Tennessee St / Turn right onto Colusa St / Destination will be on the left
Subdivision
Vallejo 4
Standard status
Active
APN
0056034110
Size
3,388 SF
Lot size
0.18 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Central
Cooling system
Central Air
Water source
Public
Amenities
private side yard
fireplace
shared patio
on-site coin-operated laundry room
Building Details
Year built
1969
Number of units
4
Flooring type
Carpet, Laminate
Buildings
2
Listing Agency:
Twin Oaks Real Estate INC
(707) 746-8700
Listed By:
Krystle Karimian · License #01715705
(707) 342-2290
Added: Oct 30
Last Checked: Oct 30 at 5:06PM
MLS# 326077088
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 3,388 square feet, this 1969 multifamily property comprises a detached two-bedroom, two-bathroom house and a separate three-unit building. The house includes a primary bedroom, bonus room, living room with fireplace, laundry hookups, and a private side yard. In the other building, two upstairs apartments each have one bedroom and one bathroom, while the remaining unit has two bedrooms, one bathroom, and a connection to the laundry room.
All four units are occupied. On-site features include a coin-operated laundry room, four carport spaces, and one designated guest space. The property occupies a 0.1779-acre lot and has a mix of private and shared outdoor areas, including a shared patio for the upstairs apartments.
All four units are occupied. On-site features include a coin-operated laundry room, four carport spaces, and one designated guest space. The property occupies a 0.1779-acre lot and has a mix of private and shared outdoor areas, including a shared patio for the upstairs apartments.
Key Highlights
- Four occupied units across a detached house and a separate three‑unit building
- 3,388 square feet on a 0.1779‑acre lot
- Unit mix includes two 2‑bedroom homes and two 1‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,179
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,580
$1.2M
Cap Rate 7%
$845,414
$845.4K
Cap Rate 9%
$657,544
$657.5K
Market Conditions
NOI Build-Up for 3,388 SF
Gross rent
$113.0K $33.36/SF
− Vacancy
−$5.4K −$1.60/SF
EGI
$107.6K $31.76/SF
− OpEx
−$48.4K −$14.29/SF
NOI
$59.2K $17.47/SF
Area
Vallejo, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,580
Cap Rate 7%
$845,414
Cap Rate 9%
$657,544
Alternative Uses
Best Use
Apartment 5plus
$845.4K
$739.7K – $986.3K
NOI $59,179 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,422 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,450
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property combines a detached two-bedroom home with a separate building containing three rental units.
Where is this multifamily property located?
The property is located at 1343 Colusa Street Vallejo, CA.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: Four occupied units across a detached house and a separate three‑unit building; 3,388 square feet on a 0.1779‑acre lot; Unit mix includes two 2‑bedroom homes and two 1‑bedroom apartments
