Historic
For Sale
$799,000
213 Nicholl Ave, Richmond, CA 94801
Residential Income, Richmond, CA
Property Size1,836 SF
Lot Size0.06 Acres
Price / SF$435.19
Days on Market59
Property Features for 213 Nicholl Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Exterior features
Low Maintenance, Garden
Appliances
Gas Water Heater
Subdivision
POINT RICHMOND
Lot features
Front Yard
Standard status
Active
APN
5581620084
Size
1,836 SF
Lot size
0.06 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1904
Flooring type
Laminate, Linoleum, Tile
Building materials
Siding - Stucco
Listing Agency:
RE/MAX Accord · RE/MAX International
(510) 339-4100
Listed By:
Michael Hughey · License #01099878
(510) 915-3235
Added: Aug 10
Changed: Sep 12
Last Checked: Oct 7 at 5:06PM
MLS# 41144510
Copyright © 2026 bridgeMLS. 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.
Built in 1904, this two-unit residential property contains 1,836 square feet on a 0.0551-acre lot. The exterior uses stucco siding, while interior flooring includes laminate, tile, and linoleum. A gas water heater serves the property, and parking is provided on the street. Public water and public sewer are in place.
The property is located in Point Richmond near restaurants, shops, pubs, Hotel Mac, schools, markets, and a weekend farmers market. Outdoor destinations nearby include the Bayshore Trail, Keller Beach, and Miller Knox shoreline access, with opportunities for hiking, boating, and fishing. Both units are currently tenant occupied.
The property is located in Point Richmond near restaurants, shops, pubs, Hotel Mac, schools, markets, and a weekend farmers market. Outdoor destinations nearby include the Bayshore Trail, Keller Beach, and Miller Knox shoreline access, with opportunities for hiking, boating, and fishing. Both units are currently tenant occupied.
Key Highlights
- Two‑unit property built in 1904
- 1,836 square feet on a 0.0551‑acre lot
- Both units are currently tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,703
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,060
$614.1K
Cap Rate 7%
$438,614
$438.6K
Cap Rate 9%
$341,144
$341.1K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$46.3K $25.20/SF
− Vacancy
−$2.4K −$1.31/SF
EGI
$43.9K $23.89/SF
− OpEx
−$13.2K −$7.17/SF
NOI
$30.7K $16.72/SF
Area
Richmond, CA
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,060
Cap Rate 7%
$438,614
Cap Rate 9%
$341,144
Alternative Uses
Best Use
Multifamily LT 5
$438.6K
$383.8K – $511.7K
NOI $30,703 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$379.9K
$332.5K – $443.3K
NOI $26,596 @ 7.0% cap · market cap 3.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Explore this area
Business Placement
Demographics for 94801, CA
33,486
Population
11,012
Households
3
Avg Household Size
34
Median Age
19%
College-Educated
69%
High-School Grad
11.5 sq mi
ZIP Area
2,912
Density / Sq Mi
$75,786
Median Household Income
$40,435
Median Earnings
$1,608
Median Rent
$593,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with public water and sewer serving the property.
Where is this duplex located?
The property is located at 213 Nicholl Ave Richmond, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit property built in 1904; 1,836 square feet on a 0.0551‑acre lot; Both units are currently tenant occupied
