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Triplex with Converted Garage
For Sale
$699,000

326 Arkansas Street, Vallejo, CA 94590

Three residences include two matching layouts and a separate unit created from a garage conversion.

Property Size2,230 SF
Price / SF$313.45
Days on Market62

Property Features for 326 Arkansas Street

General Information

Standard status Active
Size 2,230 SF
Property subtype Duplex

Units

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

Building Details

Building Size 2,230 SF
Year Built 2001
Buildings 1
Stories 1
Listing Agency: Side
Listed By: Marin's Finest
Source: Marinsfinest
Added: Aug 30 Changed: Oct 29 Last Checked: Oct 29 at 2:39PM

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 Side

Rey
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Investment Insights

Based on property information with market context.

This 2001 triplex contains two matching units, each with 2 bedrooms, 2 bathrooms, and 810 square feet. A third residence, converted from a garage, has 2 bedrooms, 1 bathroom, and 610 square feet, bringing the property to 2,230 square feet. The matching units feature open-plan interiors, birch cabinetry, quartz countertops, decorative backsplash, and a combination of tile and laminate flooring.

Key Highlights

  • Three units: two 2‑bedroom, 2‑bath residences and one 2‑bedroom, 1‑bath converted‑garage unit
  • Each of the two matching units measures 810 square feet
  • Converted‑garage residence measures 610 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,369
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,380 $867.4K
Cap Rate 7%
$619,557 $619.6K
Cap Rate 9%
$481,878 $481.9K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$65.6K $29.40/SF
− Vacancy
−$3.6K −$1.62/SF
EGI
$62.0K $27.78/SF
− OpEx
−$18.6K −$8.33/SF
NOI
$43.4K $19.45/SF
Area
Vallejo, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,380
Cap Rate 7%
$619,557
Cap Rate 9%
$481,878

Alternative Uses

Best Use
Multifamily LT 5
$619.6K
$542.1K – $722.8K (±1% cap)
NOI $43,369 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$556.5K
$486.9K – $649.2K (±1% cap)
NOI $38,952 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$1.09M
$949.7K – $1.27M (±1% cap)
NOI $75,972 @ 7.0% cap · market cap 10.87%
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
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,258
Businesses Nearby

Demographics for 94590, CA

39,981
Population
16,500
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
6,058
Density / Sq Mi
$66,957
Median Household Income
$43,383
Median Earnings
$1,768
Median Rent
$510,700
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?
Triplex - Three residences include two matching layouts and a separate unit created from a garage conversion.
Where is this triplex located?
The property is located at 326 Arkansas Street Vallejo, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three units: two 2‑bedroom, 2‑bath residences and one 2‑bedroom, 1‑bath converted‑garage unit; Each of the two matching units measures 810 square feet; Converted‑garage residence measures 610 square feet
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