Duplex with Detached
New
For Sale
$1,299,000
585-587 E Saint James Street, San Jose, CA 95112
Main duplex plus detached ADU with in-unit laundry, remodeled within the last three years, and ample parking on a large lot.
Property Size2,103 SF
Price / SF$617.69
Days on Market4
Property Features for 585-587 E Saint James Street
General Information
Standard status
Active
Size
2,103 SF
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Building Details
Year Built
1898
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
(408) 421-1609
Listed By:
Alfredo Barajas Team · License #70010264
(408) 421-1609
Source:
Exitrealty
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 30 at 2:30AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
585-587 E Saint James Street is a well-maintained duplex with two separate living units on one lot. The main home features a spacious 3-bedroom, 2-bathroom floor plan. A detached ADU adds flexibility with 2 bedrooms, 1 bathroom, a full kitchen, and in-unit laundry. The ADU was remodeled within the last three years.
The property sits on a large lot with ample parking, including space for oversized vehicles. It’s positioned in the heart of San Jose with convenient access to dining, shopping, and entertainment, along with easy freeway access. San Jose Mineta International Airport is also nearby, supporting straightforward commuting and travel.
Built in 1898, the duplex offers a multi-unit configuration that can suit multiple living arrangements while keeping two separate kitchens and in-unit laundry in place.
The property sits on a large lot with ample parking, including space for oversized vehicles. It’s positioned in the heart of San Jose with convenient access to dining, shopping, and entertainment, along with easy freeway access. San Jose Mineta International Airport is also nearby, supporting straightforward commuting and travel.
Built in 1898, the duplex offers a multi-unit configuration that can suit multiple living arrangements while keeping two separate kitchens and in-unit laundry in place.
Key Highlights
- Detached ADU with 2 bedrooms, 1 bathroom, full kitchen, and in‑unit laundry
- ADU remodeled within the last three years
- Main home offers 3 bedrooms and 2 bathrooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.7k | $33.60 |
| − Vacancy | −$3.0k | −$1.43 |
| EGI | $67.6k | $32.17 |
| − OpEx | −$20.3k | −$9.65 |
| NOI | $47.4k | $22.52 |
2,103 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$676.4K
$591.9K – $789.2K
NOI $47,351 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$624.9K
$546.8K – $729.0K
NOI $43,742 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,905 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,631
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Main duplex plus detached ADU with in-unit laundry, remodeled within the last three years, and ample parking on a large lot.
Where is this duplex located?
The property is located at 585-587 E Saint James Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Detached ADU with 2 bedrooms, 1 bathroom, full kitchen, and in‑unit laundry; ADU remodeled within the last three years; Main home offers 3 bedrooms and 2 bathrooms
