1511 Marin St, Vallejo, CA 94590
Clean, separately metered duplex featuring updated kitchens and refreshed bathrooms with current rental income.
- Added:
- Apr 1, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 24 at 3:54 am
Property Features for 1511 Marin St
General Information
- Standard status
- Active
- Size
- 1,808 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1933
Listing office Keller Williams Tri-Valley (925) 980-3375
Listing date Apr 1, 2026
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Tri-Valley
HighLights
- 1933‑built duplex with updated kitchens and refreshed bathrooms in both units
- Current rental income of $3,650 per month
- Units are separately metered
- No major capital expenses outstanding, per the provided remarks
Overview
Located at 1511 Marin St in Vallejo, CA, the property is positioned for convenience to local parks, schools, shopping, dining, and major commuter routes. The home presents as clean and maintained, with no major capital expenses called out as outstanding in the provided information.
For buyers seeking a duplex in a ready-to-occupy, well kept configuration, the updated interior layout and refreshed bathrooms can appeal to a range of tenants. The current rents are listed at $3,650 per month, and the separately metered setup can simplify ongoing property management. With the stated absence of major capital expenses, this property may fit investors or owner-occupants looking for an income generating duplex with practical day-to-day readiness.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.2k | $29.40 |
| − Vacancy | −$2.9k | −$1.62 |
| EGI | $50.2k | $27.78 |
| − OpEx | −$15.1k | −$8.33 |
| NOI | $35.2k | $19.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.2566647
- Latitude
- 38.1104245
