Duplex with Private Yard and Rear
845 Isabella Street Oakland, CA 94607
845 Isabella Street, Oakland, CA, 94607
$525,000
For Sale
$525,000
Duplex with historic details and an expansive private yard, with potential for rear structure conversion to an ADU.
Property Size1,951 SF
Price / SF$269.09
Days on Market255
Property Features for 845 Isabella Street
General Information
- Standard status
- Active
- Size
- 1,951 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1905
Listing Agency
Jonathan Fleming & Assoc
(510) 681-7771
Listed by
Jonathan Fleming · License #01361748
(510) 681-7771
Source
Exitrealty
Added: Nov 7, 2025 Updated: Jul 10 at 2:07 pm Checked: Jul 19 at 4:49 am
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 Jonathan Fleming & Assoc
Investment Insights
Based on property information with market context.
845 & 843 Isabella Street is a duplex opportunity featuring historic 1905 charm and period details throughout. The property includes two well-proportioned units and an expansive outdoor area described as a huge private yard. A barn-like rear structure provides a potential pathway for ADU conversion or future expansion, with the understanding that the buyer should verify feasibility.
One unit will be delivered vacant, and the second unit is anticipated to be delivered vacant upon sale, which can simplify occupancy planning for an owner-occupant, investor, or multi-generational household. The oversized lot is intended to offer versatility for outdoor amenities, additional structures, or other improvements.
With both units available on a vacancy timeline, this duplex can accommodate a variety of owner and tenant strategies. Its combination of established period character, meaningful outdoor space, and a rear structure that may support additional residential development could appeal to buyers looking to live in one unit while managing the other, or to investors planning for long-term reuse and expansion (subject to verification). The property is located near Emeryville and Downtown Oakland, with access to San Francisco commuter routes and nearby shops and conveniences.
One unit will be delivered vacant, and the second unit is anticipated to be delivered vacant upon sale, which can simplify occupancy planning for an owner-occupant, investor, or multi-generational household. The oversized lot is intended to offer versatility for outdoor amenities, additional structures, or other improvements.
With both units available on a vacancy timeline, this duplex can accommodate a variety of owner and tenant strategies. Its combination of established period character, meaningful outdoor space, and a rear structure that may support additional residential development could appeal to buyers looking to live in one unit while managing the other, or to investors planning for long-term reuse and expansion (subject to verification). The property is located near Emeryville and Downtown Oakland, with access to San Francisco commuter routes and nearby shops and conveniences.
Key Highlights
- Duplex at 845 & 843 Isabella Street with historic 1905 character and period details throughout both units
- Large private yard plus a barn‑like rear structure with potential for ADU conversion or future expansion (buyer to verify)
- One unit is to be delivered vacant; the second unit is anticipated to be delivered vacant upon sale
Local 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 | $66.7k | $34.20 |
| − Vacancy | −$2.8k | −$1.46 |
| EGI | $63.9k | $32.74 |
| − OpEx | −$19.2k | −$9.82 |
| NOI | $44.7k | $22.92 |
1,951 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$638.8K
$558.9K – $745.2K
NOI $44,713 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$588.5K
$514.9K – $686.6K
NOI $41,195 @ 7.0% cap · market cap 7.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with historic details and an expansive private yard, with potential for rear structure conversion to an ADU.
Where is this duplex located?
The property is located at 845 Isabella Street Oakland, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Duplex at 845 & 843 Isabella Street with historic 1905 character and period details throughout both units; Large private yard plus a barn‑like rear structure with potential for ADU conversion or future expansion (buyer to verify); One unit is to be delivered vacant; the second unit is anticipated to be delivered vacant upon sale
