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Two-Unit Duplex with Carports
For Sale
$1,300,000
Pending

425 N 7th Street, San Jose, CA 95112

ResidentialIncome, SanJose, CA

Property Size1,808 SF
Lot Size0.16 Acres
Days on Market31

Property Features for 425 N 7th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM
Parking 2
Parking features Carport, On Street
Appliances Dishwasher, GarbageDisposal, Microwave, OvenRangeElectric, Refrigerator, WasherDryer
Elementary school SanJoseUnified
High school SanJoseUnified
Elementary school district SanJoseUnified
High school district SanJoseUnified
Directions On N 7th between Washington and Empire.
Subdivision CentralSanJose
Standard status Pending
APN 249-47-057
Size 1,808 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 16250

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

central air conditioning
laundry
storage room
private backyard

Building Details

Year built 1964
Floors in Building 1
Number of units 2
Flooring type Laminate, Hardwood, Tile
Roof type Composition
Listing Agency: KW Bay Area Estates · Keller Williams Realty
Listed By: Scott C. Poncetta · License #01497030
Added: Sep 23 Changed: Oct 21 Last Checked: Oct 23 at 3:06PM
MLS# ML82062296

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 1,808-square-foot duplex contains two occupied residences on a 7,000-square-foot lot. The front unit has three bedrooms and two bathrooms, with direct carport access; the second offers two bedrooms, one bathroom, and a private backyard. Each residence has an updated kitchen, central air conditioning, laundry, and a storage room. The property was built in 1964 and is zoned RM.

Carport parking serves both units. Public water and public sewer are available at the property. The existing lot and carport are identified as possible areas to consider for an additional dwelling or a different carport configuration; no approvals are specified.

Key Highlights

  • 1,808‑square‑foot duplex with two occupied residences
  • 7,000‑square‑foot lot; zoned RM
  • Front residence has 3 bedrooms, 2 bathrooms, and direct carport access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,708
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,160 $814.2K
Cap Rate 7%
$581,543 $581.5K
Cap Rate 9%
$452,311 $452.3K
Market Conditions
NOI Build-Up for 1,808 SF
Gross rent
$60.7K $33.60/SF
− Vacancy
−$2.6K −$1.43/SF
EGI
$58.2K $32.17/SF
− OpEx
−$17.4K −$9.65/SF
NOI
$40.7K $22.52/SF
Area
San Jose, CA
Vacancy
4.27%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,160
Cap Rate 7%
$581,543
Cap Rate 9%
$452,311

Alternative Uses

Best Use
Multifamily LT 5
$581.5K
$508.9K – $678.5K (±1% cap)
NOI $40,708 @ 7.0% cap · market cap 3.13%
Second Best
Apartment 5plus
$537.2K
$470.1K – $626.8K (±1% cap)
NOI $37,606 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.09M
$955.4K – $1.27M (±1% cap)
NOI $76,433 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,440
Businesses Nearby

Demographics for 95112, CA

60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
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?
Duplex - Both residences are occupied and include updated kitchens, central air conditioning, laundry, and storage.
Where is this duplex located?
The property is located at 425 N 7th Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1,808‑square‑foot duplex with two occupied residences; 7,000‑square‑foot lot; zoned RM; Front residence has 3 bedrooms, 2 bathrooms, and direct carport access
More about this property
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