Duplex With Detached
New
For Sale
$869,999
779 N 14th ST, San Jose, CA 95112
Residential Income (2-4 units), SAN JOSE, CA
Property Size1,152 SF
Lot Size0.11 Acres
Price / SF$755.21
Days on Market5
Property Features for 779 N 14th ST
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
2
Rooms
Bedroom 1, Bedroom 2
Parking
2
Parking features
Garage - Detached
Subdivision
Central San Jose
Standard status
Active
Size
1,152 SF
Lot size
0.11 Acres
Utilities
Heating system
Wall Furnace
Cooling system
Wall Unit(s)
Water source
Public
Amenities
in-unit laundry
drought-tolerant landscaping
artificial turf
Building Details
Year built
1957
Number of units
2
Roof type
Composition
Listing Agency:
Keller Williams Thrive · Keller Williams Realty
(408) 850-6900
Listed By:
Vinicius Brasil · License #01419311
(408) 634-9133
Added: Sep 18
Changed: Sep 21
Last Checked: Sep 22 at 11:06AM
MLS# ML82061699
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.
Investment Insights
Based on property information with market context.
Built in 1957, this R2-zoned duplex contains 1,152 square feet across two matching residential units. Each unit includes one bedroom, one full bathroom, a spacious living room, a dedicated dining area, and an interior laundry room. Separate electric and gas meters support independent utility management. Wall furnaces and wall-mounted cooling serve the units.
The property occupies a 0.1119-acre lot at 779 N 14th ST in San Jose, with public water service and a composition roof. Drought-tolerant front landscaping and artificial turf in the rear provide low-maintenance outdoor areas. Two detached one-car garages provide dedicated parking and storage. The property is located just blocks from Japantown and is identified by ZIP Code 95112.
The property occupies a 0.1119-acre lot at 779 N 14th ST in San Jose, with public water service and a composition roof. Drought-tolerant front landscaping and artificial turf in the rear provide low-maintenance outdoor areas. Two detached one-car garages provide dedicated parking and storage. The property is located just blocks from Japantown and is identified by ZIP Code 95112.
Key Highlights
- Two‑unit duplex with 1,152 square feet of property size
- Each unit includes 1 bedroom, 1 full bathroom, living room, dining area, and inside laundry
- Separate electric and gas meters for the two units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,938
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,760
$518.8K
Cap Rate 7%
$370,543
$370.5K
Cap Rate 9%
$288,200
$288.2K
Market Conditions
NOI Build-Up for 1,152 SF
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.
Gross rent
$38.7K $33.60/SF
− Vacancy
−$1.7K −$1.43/SF
EGI
$37.1K $32.17/SF
− OpEx
−$11.1K −$9.65/SF
NOI
$25.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,760
Cap Rate 7%
$370,543
Cap Rate 9%
$288,200
Alternative Uses
Best Use
Multifamily LT 5
$370.5K
$324.2K – $432.3K
NOI $25,938 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$342.3K
$299.5K – $399.4K
NOI $23,961 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$695.7K
$608.8K – $811.7K
NOI $48,701 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,177
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two matching units offer private laundry rooms, separate utility meters, and individual garage parking.
Where is this duplex located?
The property is located at 779 N 14th ST San Jose, CA.
What is the asking price?
The asking price for this property is $869,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,152 square feet of property size; Each unit includes 1 bedroom, 1 full bathroom, living room, dining area, and inside laundry; Separate electric and gas meters for the two units
