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Duplex with Updated Interiors
For Sale
$1,175,000

318 Raymond AVE, San Jose, CA 95128

Two residential units include one occupied and one vacant unit with patios and interior improvements.

Property SizeContact for details
Days on Market28

Property Features for 318 Raymond AVE

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Building Details

Year Built 1925
Listing Agency: Professional R.E. Center, Inc.
Listed By: Victoria Tran · License #01422819
Source: Exitrealty
Added: Aug 3 Changed: Aug 25 Last Checked: Aug 29 at 5:48AM

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 Professional R.E. Center, Inc.

Investment Insights

Based on property information with market context.

This duplex contains two residential units with distinct interior and outdoor features. The front residence has 2 bedrooms and 1 bathroom, a patio, an open kitchen with tile flooring, and a bathroom renovated with a tile shower. It is occupied by a long-term Section 8 tenant. The rear residence offers 3 bedrooms and 1 bathroom and is vacant. Improvements include new vinyl plank flooring, painted interiors, updated bathroom finishes, a tile kitchen, and granite countertops. A backyard patio area serves the rear unit.

The property is in San Jose’s Burbank neighborhood, near Valley Fair Mall, Santana Row, and Valley Medical Hospital. Public transportation and major highways are also nearby.

Key Highlights

  • 2‑unit duplex with a 2‑bedroom front residence and 3‑bedroom rear residence
  • Front unit is occupied by a long‑term Section 8 tenant
  • Rear unit is vacant with new vinyl plank flooring and painted interiors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Pet Grooming Service Florist Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,832
Businesses Nearby

Demographics for 95128, CA

34,776
Population
15,193
Households
2.3
Avg Household Size
38
Median Age
52%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
8,917
Density / Sq Mi
$122,647
Median Household Income
$71,504
Median Earnings
$2,505
Median Rent
$1,214,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include one occupied and one vacant unit with patios and interior improvements.
Where is this duplex located?
The property is located at 318 Raymond AVE San Jose, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 2‑unit duplex with a 2‑bedroom front residence and 3‑bedroom rear residence; Front unit is occupied by a long‑term Section 8 tenant; Rear unit is vacant with new vinyl plank flooring and painted interiors
More about this property
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