Turnkey Vacant Duplex With Private
185-187 Solano Street Tiburon, CA 94920
New
185-187 Solano Street, Tiburon, CA, 94920
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For Sale
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Fully vacant side-by-side duplex with two private decks, two-car driveway parking, in-unit laundry, and recently refreshed interiors and exteriors.
Property Size2,661 SF
Price / SF$864.34
Days on Market5
Property Features for 185-187 Solano Street
General Information
- Standard status
- Active
- Size
- 2,661 SF
- Property subtype
- Multifamily
Listing Agency
Marcus & Millichap - San Francisco
Listed by
Angelo Baglieri · License #CA 01996324
Source
Crexi
Added: Jul 13 Checked: Jul 17 at 6:08 am
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 Marcus & Millichap - San Francisco
Investment Insights
Based on property information with market context.
185-187 Solano Street presents a fully vacant, side-by-side duplex opportunity in Tiburon, featuring two two-story residential units. The property includes a 4-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, with private one-car garages and additional driveway parking for two vehicles. Each unit has in-unit washer and dryer, dedicated storage rooms behind each garage, and private decks at the front entry.
Recent improvements include fresh interior and exterior paint throughout the building and newly stained oversized decks. Both residences have water views from the front entryways and decks. The landscaped front yard includes mature plants and greenery, and the private rear yard offers an additional deck and outdoor space that wraps around the property.
With separate private deck and outdoor areas serving both residences, the layout supports independent day-to-day living while keeping the duplex configured as one turn-key acquisition.
Recent improvements include fresh interior and exterior paint throughout the building and newly stained oversized decks. Both residences have water views from the front entryways and decks. The landscaped front yard includes mature plants and greenery, and the private rear yard offers an additional deck and outdoor space that wraps around the property.
With separate private deck and outdoor areas serving both residences, the layout supports independent day-to-day living while keeping the duplex configured as one turn-key acquisition.
Key Highlights
- Fully vacant side‑by‑side duplex at 185‑187 Solano Street in Tiburon
- Unit mix: 4 bed/2 bath two‑story unit plus 2 bed/1 bath unit
- Each unit has a private one‑car garage, driveway parking for two vehicles, and dedicated storage behind the garage
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 | $135.7k | $51.00 |
| − Vacancy | −$8.1k | −$3.05 |
| EGI | $127.6k | $47.95 |
| − OpEx | −$38.3k | −$14.39 |
| NOI | $89.3k | $33.57 |
2,661 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,317 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$550.7K
$481.8K – $642.5K
NOI $38,547 @ 7.0% cap · market cap 1.68%
Theoretical Best
Specialty Retail
$13.00M
$11.37M – $15.16M
NOI $909,852 @ 7.0% cap · market cap 39.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully vacant side-by-side duplex with two private decks, two-car driveway parking, in-unit laundry, and recently refreshed interiors and exteriors.
Where is this duplex located?
The property is located at 185-187 Solano Street Tiburon, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Fully vacant side‑by‑side duplex at 185‑187 Solano Street in Tiburon; Unit mix: 4 bed/2 bath two‑story unit plus 2 bed/1 bath unit; Each unit has a private one‑car garage, driveway parking for two vehicles, and dedicated storage behind the garage
