Two-Unit Duplex with Updated
New
For Sale
$1,195,000
939-941 S 11th Street, San Jose, CA 95112
ResidentialIncome, Traditional, SanJose, CA
Property Size1,996 SF
Lot Size0.17 Acres
Price / SF$598.70
Days on Market2
Property Features for 939-941 S 11th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Parking
4
Appliances
CooktopGas, Dishwasher, ExhaustFan, GarbageDisposal, Microwave, OvenRangeBuiltIn, Refrigerator
Elementary school
SanJoseUnified
High school
SanJoseUnified
Elementary school district
SanJoseUnified
High school district
SanJoseUnified
Subdivision
CentralSanJose
Standard status
Active
APN
472-20-082
Size
1,996 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
11956
Utilities
Heating system
Natural Gas, Forced Air, Central
Cooling system
Central Air
Water source
Public
Amenities
updated kitchen
updated baths
laminate wood floors
dual pane windows
copper plumbing
forced air heating
central air conditioning
coin operated laundry
Building Details
Year built
1947
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet, Linoleum, Laminate, Hardwood
Roof type
Composition
Architectural style
Other
Listing Agency:
RE/MAX Santa Clara Valley · RE/MAX International
(408) 993-8543
Listed By:
Mike Masoumi · License #00887609
(408) 666-2112
Added: Nov 5
Last Checked: Nov 6 at 3:06PM
MLS# ML82066690
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.
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Investment Insights
Based on property information with market context.
This 1,996-square-foot duplex on a 0.1674-acre lot contains two residences. The front unit has one bedroom and one bathroom across 750 square feet; the rear unit provides three bedrooms and two bathrooms in 1,246 square feet. Both units feature updated kitchens and bathrooms, laminate wood flooring, dual-pane windows, copper plumbing, forced-air heating, and central air conditioning. Coin-operated laundry serves the property, which also has on-site parking.
Built in 1947, the property has a composition roof and public water service. Its zoning designation is R2. The location is near San Jose State University, Highway 280, and downtown San Jose.
Built in 1947, the property has a composition roof and public water service. Its zoning designation is R2. The location is near San Jose State University, Highway 280, and downtown San Jose.
Key Highlights
- Two residences: 1‑bedroom, 1‑bath front unit and 3‑bedroom, 2‑bath rear unit
- Front unit measures 750 square feet; rear unit measures 1,246 square feet
- 1,996‑square‑foot building on a 0.1674‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,941
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,820
$898.8K
Cap Rate 7%
$642,014
$642.0K
Cap Rate 9%
$499,344
$499.3K
Market Conditions
NOI Build-Up for 1,996 SF
Gross rent
$67.1K $33.60/SF
− Vacancy
−$2.9K −$1.43/SF
EGI
$64.2K $32.17/SF
− OpEx
−$19.3K −$9.65/SF
NOI
$44.9K $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 Rate 5%
$898,820
Cap Rate 7%
$642,014
Cap Rate 9%
$499,344
Alternative Uses
Best Use
Multifamily LT 5
$642.0K
$561.8K – $749.0K
NOI $44,941 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$593.1K
$519.0K – $692.0K
NOI $41,517 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,381 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,255
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
$956,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Jose, CA
Properties on Market for Duplexes in San Jose
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - R2-zoned property offers separate one-bedroom and three-bedroom residences with shared coin-operated laundry.
Where is this duplex located?
The property is located at 939-941 S 11th Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two residences: 1‑bedroom, 1‑bath front unit and 3‑bedroom, 2‑bath rear unit; Front unit measures 750 square feet; rear unit measures 1,246 square feet; 1,996‑square‑foot building on a 0.1674‑acre lot
