OPEN HOUSE 6/19/26 FROM 11AM TO 12pm Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose,
California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM
For sale
$1,900,000
502 N 18th St, San Jose, CA 95112
12beds
4baths
4,308sqft
Quadruplex, Residential Income
Built in 1971
-- sqft lot
$-- Zestimate®
$441/sqft
$-- HOA
What's special
- 35 days |
- 280 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Michael Henshaw 01134592 650-269-6453,
Marcus & Millichap 650-391-1700
Source: MLSListings Inc,MLS#: ML82050750
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Other
Features
- Doors: Other
Interior area
- Total structure area: 4,308
- Total interior livable area: 4,308 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street, On Street, Parking Area
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 2
Lot
- Size: 0.25 Acres
Details
- Parcel number: 24926069
- Zoning: R3B
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Other
- Roof: Other
Condition
- Year built: 1971
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $441/sqft
- Tax assessed value: $553,732
- Annual tax amount: $22,950
- Date on market: 6/11/2026
- Listing agreement: ExclusiveAgency
- Inclusions: Other, OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $1,900,000+458.8%$441/sqft |
Source:  MLSListings Inc #ML82050750 Report a problem | ||
| 4/21/1997 | Sold | $340,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,980 +4% | $553,732 +2% |
| 2024 | $13,446 +3.3% | $542,876 +2% |
| 2023 | $13,021 +1.8% | $532,232 +2% |
| 2022 | $12,789 +4.7% | $521,797 +2% |
| 2021 | $12,220 +6.5% | $511,567 +1% |
| 2020 | $11,472 | $506,322 +2% |
| 2019 | $11,472 +6.6% | $496,396 +2% |
| 2018 | $10,756 | $486,664 +2% |
| 2017 | $10,756 +1.6% | $477,122 +2% |
| 2016 | $10,587 | $467,768 +1.5% |
| 2015 | -- | $460,742 +2% |
| 2014 | -- | $451,717 +0.5% |
| 2013 | -- | $449,677 +2% |
| 2012 | -- | $440,861 +2% |
| 2011 | -- | $432,217 +0.8% |
| 2010 | -- | $428,988 -0.2% |
| 2009 | -- | $430,008 +2% |
| 2008 | -- | $421,578 +2% |
| 2007 | -- | $413,312 +2% |
| 2006 | -- | $405,209 +2% |
| 2005 | -- | $397,264 +2% |
| 2004 | -- | $389,476 +1.9% |
| 2003 | -- | $382,339 +2% |
| 2002 | -- | $374,843 +2% |
| 2001 | -- | $367,494 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 2/10Empire Gardens Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Muwekma Ohlone MiddleGrades: 6-8Distance: 1.1 mi
- 5/10San Jose High SchoolGrades: 9-12Distance: 0.5 mi
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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