**CASH FLOW! CASH FLOW! CASH FLOW!**
Exciting Downtown San Jose investment opportunity generating **$13,862 per month in current scheduled rent $166,344 annually**.
467 S. 3rd Street offers an established income stream with **8 income-producing room rentals**, with subsidized and self-pay tenants. Based on current rents and financing assumptions, the property has the potential to **remain cash-flow positive with as little as 20% down**, creating an attractive opportunity for investors focused on immediate income.
**Strong gross income, tenants already in place, and cash-flow potential from day one.**
The property is legally recognized as a triplex under its Residential Occupancy Permit, with rooms rented individually. Buyers are encouraged to review all financial information, disclosures, permits, occupancy/use information, expenses, and perform their own due diligence regarding the property and projected cash flow.
**IMPORTANT SHOWING INFORMATION:**
Property is tenant occupied with limited access. **All showings will be held during one open house weekend only:**
**Saturday, October 3 | 2:00 - 4:00 PM**
**Sunday, October 4 | 2:00 - 4:00 PM**
**Mark your calendars and don't miss the open house weekend.**
Under contract
$999,888
467 S 3rd St, San Jose, CA 95112
8beds
5baths
2,620sqft
Triplex, Residential Income
Built in 1898
-- sqft lot
$-- Zestimate®
$382/sqft
$-- HOA
What's special
- 45 days
- 166
- 9
Zillow last checked:
Listing updated:
Listed by:
Jordy Bharati 02193650 408-849-0007,
Coldwell Banker Realty 408-355-1500
Source: MLSListings Inc,MLS#: ML82062929
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Central Forced Air, Floor Furnace, Gas
Cooling
- None
Interior area
- Total structure area: 2,620
- Total interior livable area: 2,620 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached, Parking Area
- Garage spaces: 3
- Carport spaces: 5
- Covered spaces: 8
Accessibility
- Accessibility features: Bathroom Features, Accessible Kitchen, Parking
Features
- Stories: 2
Lot
- Size: 6,210 Square Feet
Details
- Parcel number: 46747029
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1898
Utilities & green energy
- Water: Public
- Utilities for property: Water Public, Individual Electric Meters
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $1,059,359
- Annual tax amount: $19,200
- Date on market: 9/29/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, Land
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
$2,521/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Contingent | $999,888$382/sqft |
Source: | ||
| 9/29/2026 | Listed for sale | $999,888+12398.6%$382/sqft |
Source: | ||
| 11/22/2016 | Sold | $8,000-98.9%$3/sqft |
Source: Public Record Report a problem | ||
| 5/5/2006 | Sold | $760,000$290/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,059,359 +2% |
| 2025 | $15,479 +5.7% | $1,038,588 +2% |
| 2024 | $14,640 +2.3% | $1,018,225 +2% |
| 2023 | $14,316 +1% | $998,260 +2% |
| 2022 | $14,181 +2.5% | $978,687 +2% |
| 2021 | $13,831 +2.7% | $959,498 +1% |
| 2020 | $13,469 | $949,661 +2% |
| 2019 | $13,469 +3.6% | $931,041 +2% |
| 2018 | $12,999 | $912,786 +2% |
| 2017 | $12,999 +0.9% | $894,890 +2% |
| 2016 | $12,879 +5.8% | $877,344 +5.2% |
| 2015 | $12,177 +21.8% | $834,000 +3.9% |
| 2014 | $9,997 | $803,000 +12.5% |
| 2013 | -- | $714,000 +77.2% |
| 2012 | -- | $402,900 +2% |
| 2011 | -- | $395,000 -17.7% |
| 2010 | -- | $480,000 -25% |
| 2009 | -- | $640,000 -19.1% |
| 2008 | -- | $790,704 +2% |
| 2007 | -- | $775,200 +126.1% |
| 2006 | -- | $342,903 +2% |
| 2005 | -- | $336,180 +2% |
| 2004 | -- | $329,589 +1.9% |
| 2003 | -- | $323,549 +2% |
| 2002 | -- | $317,206 +2% |
| 2001 | -- | $310,987 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- District: SanJoseUnified
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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