301 N 5th St San Jose, CA 95112
Northside NeighborhoodEstimated payment $10,093/month
About This Home
Welcome to 301 N 5th St, San Jose, CAa rare multifamily investment in the Hensley neighborhood! This corner lot two-story building offers tenants immediate access to Downtown San Jose, with San Jose State University, transportation, entertainment, and dining. This property features a versatile unit mix, including (1) spacious seven-bedroom, two-bath unit that is currently rented by the room, this unit offers a communal dining area, kitchen, two shared bathrooms, and a convenient coin-operated laundry. Additionally, there are (2) one-bedroom, one-bath and (1) studio units, providing stable rental income. Spanning ~4,224 square feet on a 0.19-acre lot, this property offers both tenant comfort and strong income. The garage in the back, currently leased as storage, presents an exciting opportunity for potential ADU conversion (Buyer to conduct their own due diligence). The location couldnt be better. Just four blocks from SJSU and minutes from Downtown San Jose, this property offers easy access to Highway 280, 87, and 101, putting all of Silicon Valley within reach. Major employers like Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple are all within close proximity, making this an ideal location for tenants and a lucrative opportunity for investors.
Property Details
Home Type
- Multi-Family
Year Built
- 1902
Lot Details
- 8,281 Sq Ft Lot
Parking
- 2 Car Detached Garage
- On-Street Parking
Home Design
- Quadruplex
- Flat Roof Shape
- Brick Foundation
Interior Spaces
- 4,224 Sq Ft Home
- 2-Story Property
- Crawl Space
Utilities
- Wall Furnace
- Private Sewer
Listing and Financial Details
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 10 Leased Units
- Gardener Expense $1,704
- Insurance Expense $5,000
- Maintenance Expense $5,000
- Other Expense $4,535
- Utility Expense $16,097
- Trash Expense $2,298
- Operating Expense $52,870
- Gross Income $129,815
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | For Sale | $1,595,000 | -- | $378 / Sq Ft |
Source: MLSListings
MLS Number: ML81996901
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