6-Unit Apartment
New
For Sale
$1,418,888
433 S 7th Street, San Jose, CA 95112
San Jose, CA
Property Size3,492 SF
Lot Size0.12 Acres
Price / SF$406.33
Days on Market1
Property Features for 433 S 7th Street
General Information
Property type
Commercial Sale
Property subtype
Single Family Attached
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 7, Bedroom 1, Bedroom 11, Bedroom 8, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 9, Bedroom 2, Bedroom 10
Standard status
Active
Size
3,492 SF
Lot size
0.12 Acres
Building Details
Year built
1957
Listing Agency:
NextHome Axis Realty
Listed By:
Melinda Collins · License #01178494
(408) 854-0828
Added: Nov 1
Last Checked: Nov 1 at 6:06PM
MLS# ML82062855
Copyright © 2026 NextHome, 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.
At 433 S. 7th Street, this apartment property contains 3,492 square feet across six units on a 0.12-acre parcel. The building dates to 1957.
Five apartments have two bedrooms and one bathroom each; the remaining unit has one bedroom and one bathroom. The property is in San Jose, California, near San Jose State University.
Five apartments have two bedrooms and one bathroom each; the remaining unit has one bedroom and one bathroom. The property is in San Jose, California, near San Jose State University.
Key Highlights
- Six‑unit multifamily property
- Five 2Br/1Ba units and one 1Br/1Ba unit
- 3,492 square feet on a 0.12‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,633
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,660
$1.5M
Cap Rate 7%
$1,037,614
$1.0M
Cap Rate 9%
$807,033
$807.0K
Market Conditions
NOI Build-Up for 3,492 SF
Gross rent
$138.3K $39.60/SF
− Vacancy
−$6.2K −$1.78/SF
EGI
$132.1K $37.82/SF
− OpEx
−$59.4K −$17.02/SF
NOI
$72.6K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,660
Cap Rate 7%
$1,037,614
Cap Rate 9%
$807,033
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$907.9K – $1.21M
NOI $72,633 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,625 @ 7.0% cap · market cap 10.40%
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
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,349
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The residential mix includes five two-bedroom apartments and one one-bedroom apartment.
Where is this apartment building located?
The property is located at 433 S 7th Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,418,888.
What are key features of this property?
This property features: Six‑unit multifamily property; Five 2Br/1Ba units and one 1Br/1Ba unit; 3,492 square feet on a 0.12‑acre parcel
