Two-Unit Duplex with
856 Stanford Ave, Oakland, CA 94608
For Sale
New
$949,000
Residential Income, Oakland, CA
Property Size1,688 SF
Lot Size0.09 Acres
Price / SF$562.20
Days on Market1
Property Features for 856 Stanford Ave
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Interior features
Exterior features
Fencing
Fireplace
Appliances
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
fireplace
stainless steel appliances
backyard
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
EXP Realty of California, Inc
(888) 584-9427
Listed By:
Katrina Carter · License CA #01324500
(510) 288-6002
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 41153813
Copyright © 2026 Bay East. 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 Oakland duplex contains 1,688 square feet across two separate residences. The main unit has three bedrooms and one bathroom, with a living room fireplace, a dedicated dining area, and an updated kitchen with new cabinetry, countertops, and stainless steel appliances. Updated flooring and interior finishes are also noted, along with an additional vanity area. The second residence offers one bedroom, one bathroom, its own living area and updated kitchen, plus sliding glass doors from the bedroom to the backyard.
The 0.0896-acre parcel includes a two-car garage, backyard, and front yard. Built in 1981, the property has central heating, ceiling fans, partial fencing, wood siding, a composition roof, and public water and sewer.
The 0.0896-acre parcel includes a two-car garage, backyard, and front yard. Built in 1981, the property has central heating, ceiling fans, partial fencing, wood siding, a composition roof, and public water and sewer.
Key Highlights
- Two residences: a three‑bedroom, one‑bath unit and a one‑bedroom, one‑bath unit
- 1,688 square feet on a 0.0896‑acre parcel
- Updated main‑unit kitchen with new cabinetry, countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,685
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,700
$773.7K
Cap Rate 7%
$552,643
$552.6K
Cap Rate 9%
$429,833
$429.8K
Market Conditions
NOI Build-Up for 1,688 SF
Gross rent
$57.7K $34.20/SF
− Vacancy
−$2.5K −$1.46/SF
EGI
$55.3K $32.74/SF
− OpEx
−$16.6K −$9.82/SF
NOI
$38.7K $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%
$773,700
Cap Rate 7%
$552,643
Cap Rate 9%
$429,833
Alternative Uses
Best Use
Multifamily LT 5
$552.6K
$483.6K – $644.8K
NOI $38,685 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$509.2K
$445.5K – $594.0K
NOI $35,642 @ 7.0% cap · market cap 3.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,718
Businesses Nearby
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Business Placement
Demographics for 94608, CA
33,073
Population
17,956
Households
1.8
Avg Household Size
36
Median Age
64%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
11,812
Density / Sq Mi
$116,306
Median Household Income
$73,845
Median Earnings
$2,561
Median Rent
$826,900
Median Home Value
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Market
Average Price Trend$/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 - Separate living quarters include updated kitchens, and the property has a two-car garage.
Where is this duplex located?
The property is located at 856 Stanford Ave Oakland, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Two residences: a three‑bedroom, one‑bath unit and a one‑bedroom, one‑bath unit; 1,688 square feet on a 0.0896‑acre parcel; Updated main‑unit kitchen with new cabinetry, countertops, and stainless steel appliances
