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Corner-Lot Duplex with Garages

569 18th Street, Richmond, CA 94801

For Sale
$599,000

Residential Income, Richmond, CA

Property Size1,544 SF
Lot Size0.11 Acres
Price / SF$387.95
Days on Market51

Property Features for 569 18th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking 4
Appliances Free-Standing Gas Range
Lot features Landscape Back, Landscape Front
Directions Harbour Way to Roosevelt Way to 18th Street
Subdivision Richmond-North & West/Parchest
Standard status Active
APN 5141700061
Size 1,544 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Amenities

private backyard

Building Details

Year built 1948
Floors in Building 1
Number of units 2
Building materials Concrete, Frame, Stucco, Wood
Roof type Composition
Buildings 1
Listing Agency: Cornerstone Real Estate, Home Loans & Property Management, Inc
Listed By: Maggie M Rodriguez
Added: Sep 18 Changed: Oct 25 Last Checked: Nov 7 at 7:06AM
MLS# 325076384

Copyright © 2026 Bay Area Real Estate Information Services, 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 side-by-side duplex contains 1,544 square feet on a 0.1148-acre corner parcel. Each unit provides direct access to a private backyard, while a detached garage structure supplies one garage space per unit along with an additional driveway parking spot. The interiors remain largely in their original condition, creating a property with existing occupancy and room for future updates.

Built in 1948, the property uses public water and public sewer. Construction includes concrete, frame, stucco, and wood elements, with wall-furnace heating and a composition roof. The property is located in Richmond, California, within Contra Costa County.

Key Highlights

  • 1,544‑square‑foot side‑by‑side duplex on a 0.1148‑acre corner lot
  • Each unit has a private backyard with direct access
  • Detached garage provides one garage space per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,820
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,400 $516.4K
Cap Rate 7%
$368,857 $368.9K
Cap Rate 9%
$286,889 $286.9K
Market Conditions
NOI Build-Up for 1,544 SF
Gross rent
$38.9K $25.20/SF
− Vacancy
−$2.0K −$1.31/SF
EGI
$36.9K $23.89/SF
− OpEx
−$11.1K −$7.17/SF
NOI
$25.8K $16.72/SF
Area
Richmond, CA
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,400
Cap Rate 7%
$368,857
Cap Rate 9%
$286,889

Alternative Uses

Best Use
Multifamily LT 5
$368.9K
$322.8K – $430.3K (±1% cap)
NOI $25,820 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$319.5K
$279.6K – $372.8K (±1% cap)
NOI $22,367 @ 7.0% cap · market cap 3.73%
Theoretical Best
—
—
same as Best Use
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

Location Intelligence

Trade Area within ½ mile

2,201
Businesses Nearby

Demographics for 94801, CA

33,486
Population
11,012
Households
3
Avg Household Size
34
Median Age
19%
College-Educated
69%
High-School Grad
11.5 sq mi
ZIP Area
2,912
Density / Sq Mi
$75,786
Median Household Income
$40,435
Median Earnings
$1,608
Median Rent
$593,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Contra Costa County, CA

$444 Jul
$410 Aug
$473 Sep
$451 Oct

Properties on Market for Duplexes in Contra Costa County

Jul
Aug
Sep
Oct

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 - Side-by-side duplex with private yards, assigned parking, and existing long-term tenants in place.
Where is this duplex located?
The property is located at 569 18th Street Richmond, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,544‑square‑foot side‑by‑side duplex on a 0.1148‑acre corner lot; Each unit has a private backyard with direct access; Detached garage provides one garage space per unit
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