2-Unit Duplex with Detached
New
For Sale
$879,999
2924 Morcom Avenue, Oakland, CA 94619
Residential Income, Oakland, CA
Property Size2,293 SF
Lot Size0.08 Acres
Price / SF$383.78
Days on Market1
Property Features for 2924 Morcom Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 5, Bedroom 4, Bathroom 7, Bedroom 3, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 8, Bedroom 2, Bedroom 5
Parking features
Open
Interior features
Updated Baths, Updated Kitchen
Exterior features
Balcony, Garden, Landscape Front
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Washer, Gas Water Heater
Subdivision
Maxwell Park
Lot features
Corner Lot
Elementary school district
Oakland (510) 879-8111
High school district
Oakland (510) 879-8111
Directions
Corner of Morcom Avenue and Birdsall Ave.
Standard status
Active
APN
3624962
Size
2,293 SF
Lot size
0.08 Acres
Additional Details
Individually Metered Utilities
gas
Utilities
Sewer type
Public Sewer
Heating system
Fireplace(s), Central
Cooling system
Ceiling Fan(s)
Water source
Public
Amenities
separate laundry accommodations
detached garage
shared garden area
Building Details
Year built
1920
Number of units
2
Flooring type
Vinyl, Hardwood
Building materials
Stucco
Roof type
Composition
Listing Agency:
Compass
(925) 251-1111
Listed By:
Jennifer Galvez · License #02292101
(415) 936-9431
Added: Nov 6
Last Checked: Nov 6 at 1:06PM
MLS# 41152848
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.
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Investment Insights
Based on property information with market context.
This Oakland duplex contains two separate residences with a combined 2,293 square feet of living area on a 3,364-square-foot corner lot. One home has three bedrooms and two full bathrooms; the other has two bedrooms, one full bathroom, and a downstairs half bath. Both have private entrances. Property features include a detached garage with epoxy-finished flooring, a shared garden, separate gas meters, and laundry for each residence. The roof is newer, and the kitchens and baths have been updated.
Built in 1920, the building has stucco construction, composition roofing, central heat, and ceiling fans. The property is in Oakland’s Maxwell Park neighborhood, with local parks, shopping, schools, and commuter routes noted nearby.
Built in 1920, the building has stucco construction, composition roofing, central heat, and ceiling fans. The property is in Oakland’s Maxwell Park neighborhood, with local parks, shopping, schools, and commuter routes noted nearby.
Key Highlights
- 2,293 square feet of combined living area on a 3,364‑square‑foot corner lot
- Two residences: one with 3 bedrooms and 2 full bathrooms; the other with 2 bedrooms, 1 full bathroom, and 1 half bath
- Separate entrances, gas meters, and laundry arrangements for both homes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,550
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,051,000
$1.1M
Cap Rate 7%
$750,714
$750.7K
Cap Rate 9%
$583,889
$583.9K
Market Conditions
NOI Build-Up for 2,293 SF
Gross rent
$78.4K $34.20/SF
− Vacancy
−$3.3K −$1.46/SF
EGI
$75.1K $32.74/SF
− OpEx
−$22.5K −$9.82/SF
NOI
$52.6K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,051,000
Cap Rate 7%
$750,714
Cap Rate 9%
$583,889
Alternative Uses
Best Use
Multifamily LT 5
$750.7K
$656.9K – $875.8K
NOI $52,550 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$691.7K
$605.2K – $807.0K
NOI $48,417 @ 7.0% cap · market cap 5.50%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
Demographics for 94619, CA
24,867
Population
10,348
Households
2.4
Avg Household Size
41
Median Age
57%
College-Educated
89%
High-School Grad
8.3 sq mi
ZIP Area
2,996
Density / Sq Mi
$129,879
Median Household Income
$65,351
Median Earnings
$2,131
Median Rent
$997,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Oakland, CA
Properties on Market for Duplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas meters and laundry arrangements serve each residence, with shared garden space on the property.
Where is this duplex located?
The property is located at 2924 Morcom Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $879,999.
What are key features of this property?
This property features: 2,293 square feet of combined living area on a 3,364‑square‑foot corner lot; Two residences: one with 3 bedrooms and 2 full bathrooms; the other with 2 bedrooms, 1 full bathroom, and 1 half bath; Separate entrances, gas meters, and laundry arrangements for both homes
