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74-84 N 9th St 5 Unit Apartment Building $1,640,206 CAD ($328,041 CAD/Unit) 6.62% Cap Rate San Jose, CA 95112
INVESTMENT HIGHLIGHTS
- OFFER DATE: Monday, November 17th by 5:00 PM
- Prime Downtown San Jose Location
- Thriving Regional Market
- $235,000 per unit with a day-one cap rate well over 6%
- Excellent Transit Access
- Call listing brokers for more information
EXECUTIVE SUMMARY
OFFER DATE: 11/17/2025 by 5:00 PM.
Contact jcastellanos@marcusmillichap.com for OM.
$9,700 monthly gross rent // 6.17% cap rate! Nestled in the heart of Downtown San Jose, 84 North 9th Street presents a rare opportunity to own a five-unit multifamily community in one of the Bay Areas most dynamic urban neighborhoods. This charming property is set within a beautifully maintained 1898 Victorian residence, showcasing timeless architectural detail and vintage character that stands apart from more conventional apartment offerings. The building totals approximately 2,280 square feet and is situated on a 6,328 square foot lot, comprising three one-bedroom units and two studio units, an ideal mix for a variety of tenant profiles. Priced at $235,000 per unit with a day-one cap rate well over 6%, this offering delivers immediate, above-market returns that are rarely seen in Silicon Valley.
Contact jcastellanos@marcusmillichap.com for OM.
$9,700 monthly gross rent // 6.17% cap rate! Nestled in the heart of Downtown San Jose, 84 North 9th Street presents a rare opportunity to own a five-unit multifamily community in one of the Bay Areas most dynamic urban neighborhoods. This charming property is set within a beautifully maintained 1898 Victorian residence, showcasing timeless architectural detail and vintage character that stands apart from more conventional apartment offerings. The building totals approximately 2,280 square feet and is situated on a 6,328 square foot lot, comprising three one-bedroom units and two studio units, an ideal mix for a variety of tenant profiles. Priced at $235,000 per unit with a day-one cap rate well over 6%, this offering delivers immediate, above-market returns that are rarely seen in Silicon Valley.
PROPERTY FACTS Under Contract
| Price | $1,640,206 CAD | Building Class | C |
| Price Per Unit | $328,041 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,280 SF |
| Cap Rate | 6.62% | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.16 | No. Stories | 2 |
| No. Units | 5 | Year Built | 1898 |
| Property Type | Multifamily | Parking Ratio | 0.88/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM - Residential | ||
| Price | $1,640,206 CAD |
| Price Per Unit | $328,041 CAD |
| Sale Type | Investment |
| Cap Rate | 6.62% |
| Gross Rent Multiplier | 10.16 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,280 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1898 |
| Parking Ratio | 0.88/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $2,457 CAD | - |
| 1+1 | 3 | $2,858 CAD | - |
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 467-17-101 | Improvements Assessment | $436,383 CAD |
| Land Assessment | $277,996 CAD | Total Assessment | $714,379 CAD |
PROPERTY TAXES
Parcel Number
467-17-101
Land Assessment
$277,996 CAD
Improvements Assessment
$436,383 CAD
Total Assessment
$714,379 CAD
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74-84 N 9th St
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