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Side-by-Side Duplex with Basements

1717 9TH ST, Oakland, CA 94607

For Sale
$649,000

Two attached residences offer separate renovation plans, basement space, and preserved period character.

Property Size1,856 SF
Lot Size0.15 Acres
Price / SF$349.68
Days on Market50

Property Features for 1717 9TH ST

General Information

Standard status Active
Size 1,856 SF
Lot size 0.15 Acres
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence in need of some loving care

Site & Location

Neighborhood West Oakland
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1886
Buildings 2
Units 2
Listing Agency: TCGOB, Inc
Listed By: David Gunderman · License #01313613
Source: Elliman
Added: Sep 19 Changed: Nov 4 Last Checked: Nov 6 at 10:47AM

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 TCGOB, Inc

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Investment Insights

Based on property information with market context.

This duplex property comprises two side-by-side homes at 1717 and 1721 9th Street, with 1,856 sq ft combined on a 6,750 sq ft lot. Both residences include basements, while the interiors present different renovation starting points: one retains high ceilings and period architectural details, and the other is opened to the studs for floor-plan reconfiguration. Foundation and roof improvements have already been completed, along with additional upgrades.

The property is in Oakland’s Prescott neighborhood, near West Oakland BART station, Prescott Market, Raimondi Park, and Downtown Oakland. Walk Score is 83, Bike Score is 98, and Transit Score is 57. Built in 1886, the duplex offers a historic residential framework with substantial renovation work remaining.

Key Highlights

  • Two side‑by‑side homes totaling 1856 sq ft
  • 6,750 sq ft lot with two residential structures
  • Basements are present in both homes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,535
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,700 $850.7K
Cap Rate 7%
$607,643 $607.6K
Cap Rate 9%
$472,611 $472.6K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$63.5K $34.20/SF
− Vacancy
−$2.7K −$1.46/SF
EGI
$60.8K $32.74/SF
− OpEx
−$18.2K −$9.82/SF
NOI
$42.5K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,700
Cap Rate 7%
$607,643
Cap Rate 9%
$472,611

Alternative Uses

Best Use
Multifamily LT 5
$607.6K
$531.7K – $708.9K (±1% cap)
NOI $42,535 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$559.9K
$489.9K – $653.2K (±1% cap)
NOI $39,190 @ 7.0% cap · market cap 6.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

Demographics for 94607, CA

31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Oakland, CA

$382 Jul
$381 Aug
$400 Sep
$403 Oct

Properties on Market for Duplexes in Oakland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two attached residences offer separate renovation plans, basement space, and preserved period character.
Where is this duplex located?
The property is located at 1717 9TH ST Oakland, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two side‑by‑side homes totaling 1856 sq ft; 6,750 sq ft lot with two residential structures; Basements are present in both homes
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