Back to Search

Albany Multifamily Income Property

986 Kains Ave, Albany, CA 94705

View on Map

For Sale

$2,095,000

Income property in prime location near Solano Avenue.

Type:Investment

HighLights

Excellent Location: 95 Walkscore and 98 Bikescore, steps from Solano Ave.
Income Property: Includes a 4‑bedroom house and a 4‑unit apartment building on the same parcel.
Remodeled Units: 3 of the 4plex units are fully remodeled with modern kitchens and updated finishes.
Owner‑Occupier Opportunity: Ideal for living in the 4‑bedroom house while managing the 4plex.
No Rent Control: Located in a city with no rent control.
Albany Schools: Situated within the Albany school district.

We can help!

Listing Contact

Pedram Karbassi

Learn more

For Sale

$2,095,000

Income property in prime location near Solano Avenue.

Type:Investment

Added:: Apr 26, 2026
Days on Market:: 50
Last Refresh:: Apr 26 at 12:50 am

Property Features for 986 Kains Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1960

We can help!

Listing Contact

Pedram Karbassi

Listing agent Pedram Karbassi

Listing office BAY'S ELITE INVESTMENTS

Listing date Apr 26, 2026

Source Elliman

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 BAY'S ELITE INVESTMENTS

HighLights

Excellent Location: 95 Walkscore and 98 Bikescore, steps from Solano Ave.
Income Property: Includes a 4‑bedroom house and a 4‑unit apartment building on the same parcel.
Remodeled Units: 3 of the 4plex units are fully remodeled with modern kitchens and updated finishes.
Owner‑Occupier Opportunity: Ideal for living in the 4‑bedroom house while managing the 4plex.
No Rent Control: Located in a city with no rent control.
Albany Schools: Situated within the Albany school district.

Overview

This multifamily property in Albany features a main house and a fourplex on the same parcel. The main house, built in the 1920s, includes four or more bedrooms and two bathrooms, with refinished hardwood and tile floors. The house has been updated and features a spa-like bedroom. The adjacent fourplex, constructed in the 1940s, consists of three two-bedroom units and one one-bedroom unit. Three of the fourplex units have been fully remodeled with modern kitchens including dishwashers, hardwood and tile flooring, and new tubs. The remaining unit has been partially updated with hardwood and tile floors, and modernized kitchen cabinets. The property is located steps away from Solano Avenue. The location has a walk score of 95, indicating it is a walker's paradise, and a bike score of 98, designating it a biker's paradise. The transit score is 58, indicating good transit options. The property is located within the Albany school district. The units have historically rented back to back. This property is ideal for an owner-occupier to live in the main house across the driveway from the fourplex.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Albany
County: Alameda
State: California
Longitude: -122.2972931
Latitude: 37.8875463

Nearby Similar for Sale

$649,000

1,778 SF

Versatile Commercial Property in Albany

Single-story commercial property in San Pablo Commercial District.

928 San Pablo Ave, Albany, CA 94706

View Details
$1,099,000

2,742 SF

Retail Condominiums on San Pablo

Two retail condominiums totaling 2,742 SF on San Pablo Avenue.

727 San Pablo Ave, Albany, CA 94706

View Details
$3,000,000

1,943 SF

Retail Storefront for Sale

For sale retail storefront totaling 1,943 square feet on Masonic Avenue in Alameda County.

900 Masonic Avenue, Albany, CA 94706

View Details
$2,720,000

Albany Multifamily Asset For Sale

Well-maintained 10-unit multifamily property in a desirable Albany location.

605 San Pablo, Albany, CA 94706

View Details
$2,250,000

4,944 SF

Albany Income Property Near Solano

Income property with a main house and a fourplex.

986 Kains Ave, ALBANY, CA 94705

View Details
$1,099,000

2,742 SF

Albany Retail Condominium Opportunity

Retail condominiums in a vibrant commercial hub with parking.

727 San Pablo Ave, ALBANY, CA 94706

View Details
$2,720,000

4,320 SF

Albany Multifamily Investment Opportunity

Well-maintained 10-unit apartment building in a desirable location.

605 San Pablo Ave, Albany, CA 94706

View Details
$2,100,000

1,134 SF

Albany Development Opportunity Near BART

Prime 40-unit residential development opportunity in Albany's business district.

545 San Pablo Ave, ALBANY, CA 94706

View Details

For sale
Apartment buildings
CA
Albany
94705
986 Kains Ave

What type of property is this?

Apartment building - Income property in prime location near Solano Avenue.

Where is this apartment building located?

The property is located at 986 Kains Ave Albany, CA.

What is the asking price?

The asking price for this property is $2,095,000.

What are key features of this property?

This property features: Excellent Location: 95 Walkscore and 98 Bikescore, steps from Solano Ave.; Income Property: Includes a 4‑bedroom house and a 4‑unit apartment building on the same parcel.; Remodeled Units: 3 of the 4plex units are fully remodeled with modern kitchens and updated finishes.