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Fourplex with Private Decks
For Sale
$950,000

215 W 3rd Street, Antioch, CA 94509

ResidentialIncome, Antioch, CA

Property Size4,032 SF
Lot Size0.17 Acres
Price / SF$235.62
Days on Market48

Property Features for 215 W 3rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-20
Elementary school AntiochUnified
High school AntiochUnified
Elementary school district AntiochUnified
High school district AntiochUnified
Subdivision Antioch
Standard status Active
APN 066-042-008-4
Size 4,032 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 5837

Utilities

Sewer type Public Sewer
Water source Public

Amenities

private deck
waterfront views
carport parking

Building Details

Year built 1950
Floors in Building 1
Number of units 4
Listing Agency: Haylen Group
Listed By: Helen Chong · License #01700495
Added: Sep 5 Changed: Oct 21 Last Checked: Oct 22 at 8:06AM
MLS# ML82060212

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

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Investment Insights

Based on property information with market context.

Built in 1950, this fourplex contains four two-bedroom, two-bath apartments totaling 4,032 square feet. Each residence has a private deck with waterfront views. The 7,500-square-foot parcel also includes carport parking, and gas and electric service are individually metered. The property is zoned R-20 and has public water and sewer service.

The building is on W 3rd Street in Antioch’s central street grid, within walking distance of the civic core and San Joaquin River waterfront. A Street and L Street provide connections to Highway 4, and the Antioch BART station is nearby. The property is tenant occupied.

Key Highlights

  • Four apartments, each with two bedrooms and two bathrooms
  • 4,032‑square‑foot building on a 7,500‑square‑foot lot
  • Built in 1950; zoned R‑20

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,031
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,620 $1.4M
Cap Rate 7%
$986,157 $986.2K
Cap Rate 9%
$767,011 $767.0K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$104.0K $25.80/SF
− Vacancy
−$5.4K −$1.34/SF
EGI
$98.6K $24.46/SF
− OpEx
−$29.6K −$7.34/SF
NOI
$69.0K $17.12/SF
Area
Antioch, CA
Vacancy
5.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,620
Cap Rate 7%
$986,157
Cap Rate 9%
$767,011

Alternative Uses

Best Use
Multifamily LT 5
$986.2K
$862.9K – $1.15M (±1% cap)
NOI $69,031 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$916.6K
$802.0K – $1.07M (±1% cap)
NOI $64,162 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,495 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
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Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

706
Businesses Nearby

Demographics for 94509, CA

69,931
Population
24,048
Households
2.9
Avg Household Size
36
Median Age
19%
College-Educated
82%
High-School Grad
17.4 sq mi
ZIP Area
4,019
Density / Sq Mi
$81,512
Median Household Income
$42,401
Median Earnings
$2,052
Median Rent
$565,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Quadplex - Four two-bedroom residences offer individual gas and electric meters and carport parking.
Where is this quadplex located?
The property is located at 215 W 3rd Street Antioch, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four apartments, each with two bedrooms and two bathrooms; 4,032‑square‑foot building on a 7,500‑square‑foot lot; Built in 1950; zoned R‑20
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