Two-Unit Duplex with Detached
5812 Dover St, Oakland, CA 94609
For Sale
$849,000
The vacant property contains a two-bedroom residence and a separate one-bedroom residence, with updated interiors in both.
Property Size1,630 SF
Price / SF$520.86
Days on Market42
Property Features for 5812 Dover St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
mature landscaping
raised planter beds
chicken coop
detached shed
Storage Area(s)
Back Yard
Front Yard
Garden
Landscape Back
Building Details
Building Size
Year Built
Listing Agency:
Cody Fornari, Broker
Listed By:
Cody Fornari
(831) 207-9927
Source:
Equityfirstre
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 8:50AM
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 Cody Fornari, Broker
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Investment Insights
Based on property information with market context.
This 1,630-square-foot duplex in Oakland was built in 1910 and is currently vacant. Its two residences comprise one two-bedroom unit and one one-bedroom unit, and both have updated interiors. Outdoor features include a landscaped backyard with raised garden beds, a chicken coop, and a detached shed that can serve as storage or workshop space.
The property is in Oakland’s Bushrod neighborhood, near local shops, Temescal, parks, and transit.
The property is in Oakland’s Bushrod neighborhood, near local shops, Temescal, parks, and transit.
Key Highlights
- 1,630‑square‑foot duplex built in 1910
- Unit mix includes one 2‑bedroom residence and one 1‑bedroom residence
- Both units are vacant and have updated interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,356
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,120
$747.1K
Cap Rate 7%
$533,657
$533.7K
Cap Rate 9%
$415,067
$415.1K
Market Conditions
NOI Build-Up for 1,630 SF
Gross rent
$55.7K $34.20/SF
− Vacancy
−$2.4K −$1.46/SF
EGI
$53.4K $32.74/SF
− OpEx
−$16.0K −$9.82/SF
NOI
$37.4K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,120
Cap Rate 7%
$533,657
Cap Rate 9%
$415,067
Alternative Uses
Best Use
Multifamily LT 5
$533.7K
$467.0K – $622.6K
NOI $37,356 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$491.7K
$430.2K – $573.6K
NOI $34,418 @ 7.0% cap · market cap 4.05%
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?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,244
Businesses Nearby
Explore this area
Business Placement
Demographics for 94609, CA
23,578
Population
11,915
Households
2
Avg Household Size
36
Median Age
62%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
13,869
Density / Sq Mi
$106,698
Median Household Income
$69,221
Median Earnings
$2,116
Median Rent
$1,147,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Oakland, CA
Properties on Market for Duplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant property contains a two-bedroom residence and a separate one-bedroom residence, with updated interiors in both.
Where is this duplex located?
The property is located at 5812 Dover St Oakland, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 1,630‑square‑foot duplex built in 1910; Unit mix includes one 2‑bedroom residence and one 1‑bedroom residence; Both units are vacant and have updated interiors
