Two-Story Fourplex Income Property

2256 83Rd Ave, Oakland, CA 94605

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For Sale

$795,000

Four, two-bedroom units with updated interiors and dedicated parking support straightforward residential income ownership.

Type:Investment

HighLights

1960‑built two‑story stucco fourplex with four units, all sharing the same 2‑bed/1‑bath layout
Updated unit interiors include updated kitchens, dark shaker cabinets, quartz‑style counters, gas ranges, fresh laminate flooring, and new paint
Income in place is $108,804 with an 8.3% cap; Unit A is delivered vacant for immediate lease‑up
Two tenants on month‑to‑month terms are currently below a $2,500 market rent estimate
Parking includes four dedicated spaces plus three garage bays, with one garage bay transferring to the new owner
Most tenants pay their own utilities

We can help!

Listing Contact

Joey Wang

Learn more

For Sale

$795,000

Four, two-bedroom units with updated interiors and dedicated parking support straightforward residential income ownership.

Type:Investment

Added:: Jun 10, 2026
Days on Market:: 9
Last Refresh:: Jun 11 at 1:46 am

Property Features for 2256 83Rd Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1960

We can help!

Listing Contact

Joey Wang

Listing agent Joey Wang

Listing office Keller Williams Realty Walnut Creek

Listing date Jun 10, 2026

Source Elliman

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 Keller Williams Realty Walnut Creek

HighLights

1960‑built two‑story stucco fourplex with four units, all sharing the same 2‑bed/1‑bath layout
Updated unit interiors include updated kitchens, dark shaker cabinets, quartz‑style counters, gas ranges, fresh laminate flooring, and new paint
Income in place is $108,804 with an 8.3% cap; Unit A is delivered vacant for immediate lease‑up
Two tenants on month‑to‑month terms are currently below a $2,500 market rent estimate
Parking includes four dedicated spaces plus three garage bays, with one garage bay transferring to the new owner
Most tenants pay their own utilities

Overview

Built in 1960, this two-story stucco fourplex offers a consistent unit mix with four homes sharing a clean 2-bed/1-bath layout. Updates include refreshed kitchens with dark shaker cabinets and quartz-style counters, gas ranges, new paint, and fresh laminate flooring. The property also features four dedicated parking spaces and three garage bays, with one garage bay transferring to the new owner. Most tenants pay their own utilities.

The building is located at the crossroads of two major East Bay commuter corridors, with nearby access to International Blvd retail and transit and commuter routes including I-580 and I-880. BikeScore is 69, WalkScore is 72, and TransitScore is 67, supporting practical day-to-day connectivity for residents.

From an ownership perspective, the setup is simple and repeatable: all four units share the same floorplan and recently updated finishes. Current in-place income is reported at $108,804, with one unit (Unit A) delivered vacant for immediate lease-up and two additional tenants on month-to-month terms. The remarks also reference stabilized income of $126,300 and an overall pricing framework of $198,750 per unit, presented for sale at $795,000.

Location Intelligence

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Quadplexes

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Local Demand

City: Oakland
County: Alameda
State: California
Longitude: -122.1685792
Latitude: 37.7595005

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For sale
Quadplexes
CA
Oakland
94605
2256 83Rd Ave

What type of property is this?

Quadplex - Four, two-bedroom units with updated interiors and dedicated parking support straightforward residential income ownership.

Where is this quadplex located?

The property is located at 2256 83Rd Ave Oakland, CA.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: 1960‑built two‑story stucco fourplex with four units, all sharing the same 2‑bed/1‑bath layout; Updated unit interiors include updated kitchens, dark shaker cabinets, quartz‑style counters, gas ranges, fresh laminate flooring, and new paint; Income in place is $108,804 with an 8.3% cap; Unit A is delivered vacant for immediate lease‑up