Victorian
For Sale
$695,000
3225 Market St, Emeryville, CA 94608
Residential Income, Victorian, Emeryville, CA
Property Size2,295 SF
Lot Size0.08 Acres
Price / SF$302.83
Days on Market51
Property Features for 3225 Market St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 1, Bedroom 2, Dining Room, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3
Parking features
Driveway, Gated, RV, Carport
Appliances
Microwave, Gas Grill, Oven-Gas
Lot features
Fenced, Front Yard, Back Yard
Directions
San Pablo Ave to Market St.
Subdivision
6455
Standard status
Active
APN
009-0721-002
Size
2,295 SF
Lot size
0.08 Acres
Utilities
Water source
Public
Building Details
Year built
1904
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Architectural style
Victorian
Listing Agency:
Beverly & Company Luxury Properties
(323) 410-0848
Listed By:
Sam H. Arash Far · License #01940726
(408) 210-9665
Added: Aug 18
Changed: Sep 16
Last Checked: Oct 7 at 2:06AM
MLS# 26874473
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1904, this 2,295-square-foot Victorian duplex contains two remodeled residences: an upper three-bedroom, one-bath unit and a lower two-bedroom, one-bath unit. Improvements include a new roof, refreshed interior and exterior paint, upgraded kitchens and appliances, refinished original hardwood floors, and granite countertops in the upper residence.
The property occupies 0.0826 acres and includes a gated driveway, carport, RV parking, public water, and a backyard. The sewer line has been replaced from the building to the street with permits, and the property includes a sewer lateral certificate valid for 20 years. One or both residences may be delivered vacant at closing, subject to the stated transaction terms.
The property occupies 0.0826 acres and includes a gated driveway, carport, RV parking, public water, and a backyard. The sewer line has been replaced from the building to the street with permits, and the property includes a sewer lateral certificate valid for 20 years. One or both residences may be delivered vacant at closing, subject to the stated transaction terms.
Key Highlights
- Two remodeled units: upper 3‑bedroom/1‑bath and lower 2‑bedroom/1‑bath
- 2,295 square feet on a 0.0826‑acre parcel
- 1904 Victorian construction with refinished original hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,246
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,920
$664.9K
Cap Rate 7%
$474,943
$474.9K
Cap Rate 9%
$369,400
$369.4K
Market Conditions
NOI Build-Up for 2,295 SF
Gross rent
$64.2K $27.96/SF
− Vacancy
−$3.7K −$1.62/SF
EGI
$60.4K $26.34/SF
− OpEx
−$27.2K −$11.85/SF
NOI
$33.2K $14.49/SF
Area
Alameda County, CA
Vacancy
5.80%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,920
Cap Rate 7%
$474,943
Cap Rate 9%
$369,400
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$962.9K – $1.28M
NOI $77,032 @ 7.0% cap · market cap 11.08%
Second Best
Apartment 5plus
$474.9K
$415.6K – $554.1K
NOI $33,246 @ 7.0% cap · market cap 4.78%
Theoretical Best
Retail
$10.46M
$9.15M – $12.21M
NOI $732,395 @ 7.0% cap · market cap 105.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,333
Businesses Nearby
Explore this area
Business Placement
Demographics for 94608, CA
33,073
Population
17,956
Households
1.8
Avg Household Size
36
Median Age
64%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
11,812
Density / Sq Mi
$116,306
Median Household Income
$73,845
Median Earnings
$2,561
Median Rent
$826,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property with gated parking, hardwood flooring, and a backyard.
Where is this duplex located?
The property is located at 3225 Market St Emeryville, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two remodeled units: upper 3‑bedroom/1‑bath and lower 2‑bedroom/1‑bath; 2,295 square feet on a 0.0826‑acre parcel; 1904 Victorian construction with refinished original hardwood floors
