Back to Search
Well-Maintained Martinez Fourplex For Sale

205 Muir Rd Martinez, CA 94553

205 Muir Rd, Martinez, CA, 94553
$1,350,000
For Sale
Claim this Listing
$1,350,000

MULTI_FAMILY - Martinez, CA

Property Size3,360 SF
Lot Size0.21 Acres
Price / SF$401.79
AddedMay 24
Days on Market52
Last RefreshJul 14 at 10:06 pm

Property Features for 205 Muir Rd

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport
Exterior features
Private Entrance
Standard status
Active
APN
1623410261
Size
3,360 SF
Lot size
0.21 Acres

Utilities

Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1965
Number of units
4
Flooring type
Engineered, Tile
Building materials
Stucco

Listing agent Kevin Obrien License #1385083

Listing office RE/MAX Accord 3390 Mt Diablo Blvd., Danville, CA

Listing date May 24, 2026

MLS# 41135891 Listing URL

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained fourplex is located one block from Martinez Kaiser and the VA Hospital. The property is situated in a premium location and features a uniquely private pathway entrance with a garden and trees. The building offers tenants privacy and charm. The property is approximately 3,360 square feet in size and sits on a lot of approximately 0.2066 acres. One apartment is vacant and has been updated with new wood floors, kitchen cabinets, countertops, and appliances. The property includes three 2-bed, 1-bath units and one 2-bed, 2-bath unit. The property is about 4 blocks to Nob Hill Foods, Starbucks, a movie theater, and the entrance to Hwy-4.

Key Highlights

  • Well‑maintained 4‑plex one block from Martinez Kaiser and the VA Hospital
  • Unit mix: three 2‑bed/1‑bath units and one 2‑bed/2‑bath unit; one apartment is vacant and easy to show
  • 1965 construction with stucco exterior and private entrance/pathed entry with garden and trees

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 $86.7k $25.80
− Vacancy −$4.5k −$1.34
EGI $82.2k $24.46
− OpEx −$24.7k −$7.34
NOI $57.5k $17.12
3,360 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$821.8K
$719.1K – $958.8K (±1% cap)
NOI $57,526 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$763.0K
$667.7K – $890.2K (±1% cap)
NOI $53,412 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,906 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Spa & Massage Center Real Estate Agency Hair Salon Nail Salon Barber Shop (Bike/Boat/Book/etc) Store Bakery Skin Care Clinic Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fourplex near Kaiser and VA Hospital with strong income potential.
Where is this quadplex located?
The property is located at 205 Muir Rd Martinez, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Well‑maintained 4‑plex one block from Martinez Kaiser and the VA Hospital; Unit mix: three 2‑bed/1‑bath units and one 2‑bed/2‑bath unit; one apartment is vacant and easy to show; 1965 construction with stucco exterior and private entrance/pathed entry with garden and trees
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message