Quadplex with In-Unit
For Sale
$2,400,000
166 Michael DR, Campbell, CA 95008
Four-unit property with central air conditioning and individual laundry equipment in every unit.
Property Size4,510 SF
Price / SF$532.15
Days on Market48
Property Features for 166 Michael DR
General Information
Standard status
Active
Size
4,510 SF
Property subtype
Fourplex
Taxes and HOA fees
Annual Taxes
$24,000
Amenities
kitchen appliances
in-unit washer and dryer
central AC
Building Details
Building Size
4,510 SF
Year Built
1970
Listing Agency:
KW Bay Area Estates
Listed By:
Paul Prouty · License #01171285
(408) 806-3393
Source:
Lynnnorth
Added: Sep 15
Changed: Oct 31
Last Checked: Nov 1 at 11:51AM
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 KW Bay Area Estates
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Investment Insights
Based on property information with market context.
This 1970-built quadplex contains approximately 4,510 square feet across four residential units. Each unit includes central air conditioning, an in-unit washer and dryer, and a kitchen with appliances that vary by unit. Interior finishes include carpet, hardwood, and vinyl or linoleum flooring.
The property is located in Campbell within the Cambrian Elementary school district and approximately two minutes from Pruneyard shopping center. Situated at 166 Michael DR, the asset combines individual-unit amenities with a four-unit residential configuration.
The property is located in Campbell within the Cambrian Elementary school district and approximately two minutes from Pruneyard shopping center. Situated at 166 Michael DR, the asset combines individual-unit amenities with a four-unit residential configuration.
Key Highlights
- Approximately 4,510 square feet of living space
- Four residential units, each with central AC
- In‑unit washer and dryer provided for every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,538
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,010,760
$2.0M
Cap Rate 7%
$1,436,257
$1.4M
Cap Rate 9%
$1,117,089
$1.1M
Market Conditions
NOI Build-Up for 4,510 SF
Gross rent
$151.5K $33.60/SF
− Vacancy
−$7.9K −$1.75/SF
EGI
$143.6K $31.85/SF
− OpEx
−$43.1K −$9.55/SF
NOI
$100.5K $22.29/SF
Area
Santa Clara County, CA
Vacancy
5.22%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,010,760
Cap Rate 7%
$1,436,257
Cap Rate 9%
$1,117,089
Alternative Uses
Best Use
Multifamily LT 5
$1.44M
$1.26M – $1.68M
NOI $100,538 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,726 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$2.72M
$2.38M – $3.18M
NOI $190,593 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Location Intelligence
Trade Area within ½ mile
2,512
Businesses Nearby
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Business Placement
Demographics for 95008, CA
49,038
Population
20,013
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
7,544
Density / Sq Mi
$142,841
Median Household Income
$84,022
Median Earnings
$2,694
Median Rent
$1,578,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with central air conditioning and individual laundry equipment in every unit.
Where is this quadplex located?
The property is located at 166 Michael DR Campbell, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Approximately 4,510 square feet of living space; Four residential units, each with central AC; In‑unit washer and dryer provided for every unit
