$1,299,000
OPEN SUN 10AM - 12PM

Estimated payment $8,570/month

Total Views 4,221
4 Beds
2 Baths
1,884 Sq Ft
$689 Price per Sq Ft

About This Home

Duplex in Japantown delivered 100% vacant! Marcus & Millichap is proud to exclusively present 556-558 North 4th Street, a well-maintained duplex investment opportunity in the heart of San Jose's historic Japantown. Built in 1978, this single-story property features two spacious two-bedroom, one-bathroom units totaling 1,884 square feet of rentable space, situated on a 6,302-square-foot lot. The back unit (558) is currently vacant and move-in ready, while the front unit (556) will be vacated by the end of June, providing investors or owner-users with maximum flexibility. Located just steps from Roys Station and the shops, restaurants, and cultural landmarks of Japantown, the property offers a walkable, community-oriented environment with close proximity to downtown San Jose and Silicon Valley job centers.

Listing Agent

Jimmy Castellanos

Marcus & Millichap License #02024152

Open House Schedule

  • Sunday, June 01, 2025
    10:00 am to 12:00 pm
    6/1/2025 10:00:00 AM +00:00
    6/1/2025 12:00:00 PM +00:00

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Lot Details

  • 6,303 Sq Ft Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Gas Cooktop
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

Overview

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Utility Expense $1,800
  • Trash Expense $1,200
  • Operating Expense $25,173
  • Gross Income $76,200

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Age: 47
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1884
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1884
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1447
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6302.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6302.00

Rental Info

  • Gross Rent Multiplier: 17.05

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1800
  • Expense Maintenance: 1000
  • Expenses Total: 25173
  • Expenses Utility: 1800
  • Expense Trash: 1200
  • Income Annual Gross: 76200.00
  • Income Annual Rental: 76200
  • Income Gross Scheduled: 76200
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $1,299,000 -- $689 / Sq Ft
Source: MLSListings

Similar Homes in San Jose, CA

  • 219 E Saint John St, San Jose, CA 95112

    $1,188,000

    • 4 Beds
    • 3 Baths
    • 1,920 Sq Ft
    • 219 E Saint John St
    • San Jose, CA

    This triplex offers an excellent investment opportunity in vibrant downtown San Jose. Having been professionally managed, this 3 unit mix includes two 1 bedroom / 1 bathroom units and one 2 bedroom / 1 bathroom unit for a total size of 1,920 square feet. All units have been remodeled with new kitchens and baths. Secured gated entry and private entrances to each unit. Garage parking for 2 cars

    Betty Leung Intero Real Estate Services

    Section Image
  • 508 & 510 E Reed St, San Jose, CA 95112

    $999,950

    • 2 Beds
    • 3 Baths
    • 2,080 Sq Ft
    • 508 & 510 E Reed St
    • San Jose, CA

    Opportunity knocking for this classic 2 story Tudor style duplex. Loads of character and charm with wood floors, coved ceilings, built-ins, arches, and more. Partial finished basement, updated electrical panels and wiring, painted within last 3 years,1-car detached garage for downstairs unit 508 plus this unit has 2 bathrooms-hallway & off bedroom. 508 also has separate dining room and breakfast

    David Verbera Realty World Villa California

    Section Image
  • 718 N 16th St, San Jose, CA 95112

    $1,100,000

    • 2 Beds
    • 2 Baths
    • 1,450 Sq Ft
    • 718 N 16th St
    • San Jose, CA

    Welcome to 718 & 720 North 16th Street - a charming duplex near downtown with abundant curb appeal, and substantial upside potential. Perfect for an investor or a first time homebuyer looking to move into one home and rent out the other! These units each feature 1 bedroom (with a walk-in closet!), 1 full bathroom and an indoor laundry room. Original tile and hardwood floors throughout! A detached

    Nicole Gurries Compass

    Section Image
  • 295 N 16th St, San Jose, CA 95112

    $999,000

    • 4 Beds
    • 2 Baths
    • 1,658 Sq Ft
    • 295 N 16th St
    • San Jose, CA

    Charming Duplex in Prime San Jose Location Excellent Investment Opportunity! Welcome to 295 N 16th St, a beautifully updated duplex located in a desirable neighborhood of San Jose. This versatile property offers two spacious units, each generating $3,000/month in rental incomefor a total of $6,000/month. Whether youre looking to live in one unit and rent out the other, or rent both for strong

    Thao Dang Block Change Real Estate

    Section Image
  • 326 N 19th St, San Jose, CA 95112

    $1,299,900

    • 6 Beds
    • 2 Baths
    • 2,175 Sq Ft
    • 326 N 19th St
    • San Jose, CA

    Charming, Income-Generating Duplex in Prime San Jose Location Nestled in the heart of San Jose. This delightful duplex offers both convenience and opportunity. A fantastic investment for those seeking steady rental income while exploring the potential for additional units with city planning. Recently remodeled just four years ag, each unit boasts modern upgrades, including a new roof, dual-pane

    Kim O'Connor Choice Homes & Land

    Section Image
  • 1024 Parkinson Ct, San Jose, CA 95126

    $1,499,888

    • 3 Beds
    • 3 Baths
    • 2,688 Sq Ft
    • 1024 Parkinson Ct
    • San Jose, CA

    This beautiful duplex at Parkinson Court, San Jose, CA 95126 offers approximately 2,688 sq ft of living space on a peaceful cul-de-sac in the desirable Sunol-Midtown neighborhood. The property features a 2-bed, 1-bath front unit and a spacious rear unit with a loft-style second floor, plus a 2-car garage. Just minutes from vibrant Downtown San Jose, Diridon Station, The Alameda, and the future

    Nathan Nguyen Redfin

    Section Image
  • 896 S Almaden Ave, San Jose, CA 95110

    $999,000

    • 3 Beds
    • 2 Baths
    • 2,197 Sq Ft
    • 896 S Almaden Ave
    • San Jose, CA

    Prime investment opportunity in the heart of San Jose! 896 S Almaden Ave is a versatile mixed-use property featuring three income-generating units-one residential and two retail spaces offering incredible potential for investors or owner-users. One of the retail units has fire damage, presenting a great value-add opportunity for buyers looking to renovate and increase equity. Situated in a

    Tim Truong Real Estate Avenue

    Section Image
  • 970 S 8th St, San Jose, CA 95112

    $999,888

    • 2 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 970 S 8th St
    • San Jose, CA

    970-972 S. 8th St, is a rare and versatile gem tucked away on a peaceful, treelined, suburban-feeling street.This unique duplex offers endless possibilities perfect for investors, multi-generational living, or savvy homeowners looking to maximize value. Spanning 1,344 square feet on a generous 6,348 square foot lot, this residence offers both space, comfort, and room for an ADU. Separate fenced

    Melanie Villanueva Achievers Realty Group

    Section Image
  • 327 Edwards Ave, San Jose, CA 95110

    $1,250,000

    • 5 Beds
    • 3 Baths
    • 2,020 Sq Ft
    • 327 Edwards Ave
    • San Jose, CA

    Welcome to your home/investment property. The 2/1 is vacant, ready to move in and call home. The pictures of the unit are virtually staged. The 3/2 is rented with long-term tenants. Rents are low and have lots of upside. Located minutes from schools, shopping, downtown San Jose, Cal Train, and all the major freeways 280, 680, 101, 87, and 880. Both units have their private backyards. The 2/1

    Gustavo Gonzalez Valley View Properties

    Section Image

Source: MLSListings

MLS Number: ML82008435

MLSListings

APN: 249-40-023