$1,050,000
SOLD FEB 20, 2026
5 Beds
3 Baths
2,268 Sq Ft
7,405 Sq Ft Lot Lot

Sale Details

Date Sold: February 20, 2026

$463 Per Sq Ft

9% Below List Price

58 Days on Market

About This Home

As of February 2026

422 North 5th Street sits in the heart of the Hensley District and offers a strong, practical unit mix with two 2 bed 1 bath units and one 1 bed 1 bath unit across roughly 2,268 square feet on a large 7,448 square foot lot. This triplex delivers steady tenants, solid rents, and the kind of stability both first time and seasoned investors look for. The location is surrounded by Downtown San Joses employment core including major corporate offices, government buildings, San Jose State University, and nearby medical centers which keeps rental demand consistently strong. With a sizable lot, reliable income, and the appeal of a walkable historic district, this property is a compelling addition to any portfolio. Request the full disclosure package today.

Last Agent to Sell the Property

Andrew Meunier

Coldwell Banker Realty License #01933603 Listed on: 11/23/2025

Coldwell Banker Realty

Co-Listed By

Ben Meunier

Coldwell Banker Realty License #02230055

Last Buyer's Agent

Andrew Meunier

Coldwell Banker Realty License #01933603 Listed on: 11/23/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Gas Oven
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $70,848

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $2,300
  • Maintenance Expense $1,200
  • Manager Expense $5,000
  • Utility Expense $2,340
  • Trash Expense $960
  • Operating Expense $18,755
  • Gross Income $70,848

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2268
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 2268
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Off-Street Parking, On Street
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7448.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7448.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month, Security Deposit
  • Gross Rent Multiplier: 16.20
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2300
  • Expense Maintenance: 1200
  • Expense Management: 5000
  • Expenses Total: 18755
  • Expenses Utility: 2340
  • Expense Trash: 960
  • Income Annual Gross: 70848.00
  • Income Annual Rental: 70848
  • Income Gross Scheduled: 70848
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 Sold $1,050,000 -8.5% $463 / Sq Ft
01/21/2026 01/21/26 Pending -- -- --
11/23/2025 11/23/25 For Sale $1,148,000 -- $506 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,734 $278,713 $169,955 $108,758
2024 $6,734 $273,249 $166,623 $106,626
2023 $6,511 $267,892 $163,356 $104,536
2022 $6,424 $262,640 $160,153 $102,487
2021 $6,150 $257,491 $157,013 $100,478
2020 $5,853 $254,852 $155,404 $99,448
2019 $5,645 $249,856 $152,357 $97,499
2018 $5,532 $244,958 $149,370 $95,588
2017 $5,449 $240,156 $146,442 $93,714
2016 $5,248 $235,448 $143,571 $91,877
2015 $5,187 $231,912 $141,415 $90,497
2014 $3,875 $227,370 $138,645 $88,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82028183

MLSListings

APN: 249-47-003

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