Two-Unit Duplex with Attached
For Sale
$999,000
4131 Howe Street, Oakland, CA 94611
ResidentialIncome, Oakland, CA
Property Size2,272 SF
Lot Size0.09 Acres
Price / SF$439.70
Days on Market31
Property Features for 4131 Howe Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Parking features
Garage
Elementary school
OaklandUnified
High school
OaklandUnified
Elementary school district
OaklandUnified
High school district
OaklandUnified
Subdivision
OaklandZipCode94611
Standard status
Active
APN
012-0995-017
Size
2,272 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
4613
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Amenities
washer and dryer hookups
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
KW Bay Area Estates · Keller Williams Realty
(408) 560-9000
Listed By:
Spencer Yuan · License #01522071
(408) 892-1720
Added: Sep 24
Changed: Oct 21
Last Checked: Oct 24 at 6:06AM
MLS# ML82062482
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 1940 duplex contains two residences arranged on separate floors, with one home above the other. Each residence has 2 bedrooms, 1 bathroom, and an additional den or bonus room. The 2,272-square-foot building also includes washer and dryer hookups in both units and an attached two-car garage, with one garage space assigned to each residence. Forced-air heating, a composition roof, and public sewer are among the property’s documented features.
The property occupies a 0.0918-acre lot at 4131 Howe Street in Oakland, California. Its R2 zoning is also noted.
The property occupies a 0.0918-acre lot at 4131 Howe Street in Oakland, California. Its R2 zoning is also noted.
Key Highlights
- Two residences, each with 2 bedrooms, 1 bathroom, and a bonus room or den
- 2,272 square feet of building area on a 0.0918‑acre lot
- Attached two‑car garage, with one space for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,920
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,400
$838.4K
Cap Rate 7%
$598,857
$598.9K
Cap Rate 9%
$465,778
$465.8K
Market Conditions
NOI Build-Up for 2,272 SF
Gross rent
$62.7K $27.60/SF
− Vacancy
−$2.8K −$1.24/SF
EGI
$59.9K $26.36/SF
− OpEx
−$18.0K −$7.91/SF
NOI
$41.9K $18.45/SF
Area
ZIP 94611
Vacancy
4.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,400
Cap Rate 7%
$598,857
Cap Rate 9%
$465,778
Alternative Uses
Best Use
Multifamily LT 5
$598.9K
$524.0K – $698.7K
NOI $41,920 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$554.1K
$484.8K – $646.5K
NOI $38,787 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$957.1K
$837.5K – $1.12M
NOI $66,997 @ 7.0% cap · market cap 6.71%
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
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,864
Businesses Nearby
Explore this area
Business Placement
Demographics for 94611, CA
40,262
Population
19,014
Households
2.1
Avg Household Size
44
Median Age
78%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,515
Density / Sq Mi
$176,517
Median Household Income
$105,393
Median Earnings
$2,274
Median Rent
$1,485,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate upstairs and downstairs homes each include laundry hookups and a two-bedroom, one-bath layout.
Where is this duplex located?
The property is located at 4131 Howe Street Oakland, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1 bathroom, and a bonus room or den; 2,272 square feet of building area on a 0.0918‑acre lot; Attached two‑car garage, with one space for each unit
