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Two-Unit Duplex with Private Driveway
New
For Sale
$1,450,000

2809-2807 Union Avenue, San Jose, CA 95124

ResidentialIncome, SanJose, CA

Property Size1,910 SF
Lot Size0.16 Acres
Price / SF$759.16
Days on Market2

Property Features for 2809-2807 Union Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R2
Parking 2
Parking features Garage
Appliances CooktopElectric, OvenRange, Refrigerator, WasherDryer
Elementary school CambrianElementary
Middle school PriceCharterMiddle
High school CampbellUnionHigh
Elementary school district CambrianElementary
High school district CampbellUnionHigh
Subdivision WillowGlen
Standard status Active
APN 414-12-007
Size 1,910 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 18125

Utilities

Sewer type Private Sewer
Heating system Forced Air, Central
Cooling system Wall Unit(s)
Water source Public

Amenities

in-unit laundry

Building Details

Year built 1959
Floors in Building 1
Number of units 2
Flooring type Hardwood, Laminate
Roof type Composition
Listing Agency: KW Bay Area Estates · Keller Williams Realty
Listed By: Matt Cossell · License #01382971
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 6:06AM
MLS# ML82064848

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.

This duplex contains two matching 2-bedroom, 1-bath residences, with 1,910 square feet of building area on a 0.1641-acre lot. The units share a wall only at the garages, and the driveway is private rather than shared with neighboring properties. Each residence has a one-car garage and in-unit laundry. Flooring includes laminate and hardwood, with forced-air and central heating and wall-unit cooling. The property was built in 1959 and is zoned R2.

Both units are planned for vacant delivery. Existing appliances include electric cooktops, oven-ranges, refrigerators, and washer-dryers. Water service is public, while the sewer is private.

Key Highlights

  • Two matching 2‑bedroom, 1‑bath units
  • 1,910 square feet of building area on a 0.1641‑acre lot
  • Private driveway; not shared with neighboring properties

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,005
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,100 $860.1K
Cap Rate 7%
$614,357 $614.4K
Cap Rate 9%
$477,833 $477.8K
Market Conditions
NOI Build-Up for 1,910 SF
Gross rent
$64.2K $33.60/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$61.4K $32.17/SF
− OpEx
−$18.4K −$9.65/SF
NOI
$43.0K $22.52/SF
Area
San Jose, CA
Vacancy
4.27%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,100
Cap Rate 7%
$614,357
Cap Rate 9%
$477,833

Alternative Uses

Best Use
Multifamily LT 5
$614.4K
$537.6K – $716.8K (±1% cap)
NOI $43,005 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$567.5K
$496.6K – $662.1K (±1% cap)
NOI $39,728 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,746 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,281
Businesses Nearby

Demographics for 95124, CA

50,054
Population
18,143
Households
2.8
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
7,584
Density / Sq Mi
$188,433
Median Household Income
$90,422
Median Earnings
$2,936
Median Rent
$1,596,700
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?
Duplex - Two matching residences each include in-unit laundry and a one-car garage.
Where is this duplex located?
The property is located at 2809-2807 Union Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two matching 2‑bedroom, 1‑bath units; 1,910 square feet of building area on a 0.1641‑acre lot; Private driveway; not shared with neighboring properties
More about this property
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