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Sold for $1,821,150
  • $1,821,150

    502 N 18th St, San Jose, CA 95112

    12beds
    4baths
    4,308sqft
    Quadruplex, Residential Income
    Built in 1971
    -- sqft lot
    $1,775,300 Zestimate®
    $423/sqft
    $2,823 Estimated rent

    Home value

    $1,775,300

    $1.69M - $1.86M

    $2,823/mo

    Zestimate® history
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    What's special

    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 feet. 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

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Henshaw 01134592 650-269-6453,

    Marcus & Millichap 650-391-1700

    Bought with:

    Ken Kabir, 01137373

    WePro Real Estate Services

    Source: MLSListings Inc,MLS#: ML82050750MLS Logo

    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: $423/sqft
    • Tax assessed value: $564,806
    • Annual tax amount: $22,950
    • Date on market: 6/11/2026
    • Listing agreement: ExclusiveAgency
    • Inclusions: Other, OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    11/2/2026Sold$1,821,150-4.2%$423/sqft
    Source: MLSListings Inc #ML82050750 Report a problem
    10/12/2026Contingent$1,900,000$441/sqft
    Source: MLSListings Inc #ML82050750 Report a problem
    6/12/2026Listed for sale$1,900,000+458.8%$441/sqft
    Source: MLSListings Inc #ML82050750 Report a problem
    4/21/1997Sold$340,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $564,806 +2%
    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

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    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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    Estimated market value

    $1,775,300

    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

    $1,775,300