This exceptional duplex at 255 Fanyon St. in Milpitas offers a rare opportunity for both an investor and an owner-occupant. Live in the spacious 3-bed, 2-bath unit (approx 1,196 sq ft), which feels like a private home. Enjoy your own yard, perfect for kids and gatherings, and a single-car garage. Let the rental income from the second unit, a charming 2-bed, 1-bath (approx 1,023 sq ft) with its own yard and garage help you afford the Silicon Valley lifestyle you've always wanted. The property's private setting with no rear neighbors is a peaceful bonus. This is a turn-key asset in a high-demand market. With a potential combined monthly rent of $7,000 ($84,000 annual gross), this duplex offers strong cash flow and appreciation potential. The desirable unit mix and private yards ensure high occupancy. Whether you're looking for a smart way to live in Milpitas or a solid addition to your portfolio, this property is the perfect fit. Don't miss this opportunity.
Sold for $1,610,000
$1,610,000
255 Fanyon St, Milpitas, CA 95035
5beds
3baths
2,219sqft
Duplex, Residential Income
Built in 1971
-- sqft lot
$1,584,600 Zestimate®
$726/sqft
$3,983 Estimated rent
Home value
$1,584,600
$1.46M - $1.73M
$3,983/mo
Zestimate® history
Owner options
List your home for rent
$3,983/mo
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$3,983/mo
Rent Zestimate®
Refinance and save
$10,167/mo
Est. payment
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$10,167/mo
Est. payment
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List your homeWhat's special
Single-car garageOwn yardPrivate yards
Zillow last checked:
Listing updated:
Listed by:
Michael Reyes 01936496 408-655-1401,
Intero Real Estate Services 408-574-5000,
Gabe Reyes 00911855 408-605-6945,
Intero Real Estate Services
Bought with:
Michael Reyes, 01936496
Intero Real Estate Services
, 02217635
Intero Real Estate Services
Source: MLSListings Inc,MLS#: ML82021092
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Features
- Doors: None
Interior area
- Total structure area: 2,219
- Total interior livable area: 2,219 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, On Street
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 7,935 sqft
Details
- Parcel number: 02916031
- Zoning: R2S
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Foundation: Concrete Perimeter, Crawl Space
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Milpitas
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Listing removed | $3,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2025 | Sold | $1,610,000+61%$726/sqft |
Source:  MLSListings Inc #ML82021092 Report a problem | ||
| 10/14/2025 | Listed for rent | $3,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/24/2025 | Pending sale | $999,999$451/sqft |
Source: MLSListings Inc #ML82021092 Report a problem | ||
| 9/20/2025 | Listed for sale | $999,999$451/sqft |
Source: MLSListings Inc #ML82021092 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,620 +6.4% | $196,287 +2% |
| 2024 | $2,462 +0.3% | $192,440 +2% |
| 2023 | $2,453 +0.3% | $188,668 +2% |
| 2022 | $2,447 +1.5% | $184,970 +2% |
| 2021 | $2,412 +1.7% | $181,344 +1% |
| 2020 | $2,371 | $179,485 +2% |
| 2019 | $2,371 +6% | $175,966 +2% |
| 2018 | $2,238 | $172,517 +2% |
| 2017 | $2,238 +1.3% | $169,135 +2% |
| 2016 | $2,210 | $165,820 +1.5% |
| 2015 | -- | $163,331 +2% |
| 2014 | -- | $160,133 +0.5% |
| 2013 | -- | $159,411 +2% |
| 2012 | -- | $156,286 +2% |
| 2011 | -- | $153,223 +0.8% |
| 2010 | -- | $152,079 -0.2% |
| 2009 | -- | $152,441 +2% |
| 2008 | -- | $149,453 +2% |
| 2007 | -- | $146,524 +2% |
| 2006 | -- | $143,652 +2% |
| 2005 | -- | $140,837 +2% |
| 2004 | -- | $138,077 +1.9% |
| 2003 | -- | $135,547 +2% |
| 2002 | -- | $132,890 +2% |
| 2001 | -- | $130,285 |
Find assessor info on the county website
Neighborhood: 95035
Nearby schools
GreatSchools rating
- 9/10William Burnett Elementary SchoolGrades: K-6Distance: 0.2 mi
- 9/10Rancho Milpitas Middle SchoolGrades: 7-8Distance: 1.3 mi
- 9/10Milpitas High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: WilliamBurnettElementary
- High: MilpitasHigh
- District: MilpitasUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,584,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,584,600
- California
- Santa Clara County
- Milpitas
- 95035
- 255 Fanyon St
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