114 Kentucky Street, Vallejo, CA 94590, Vallejo, 94590 - 0 bed, 0 bath
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114 Kentucky Street
Vallejo, CA 94590
CLOSED
CONDITION: GOOD
0Beds
0Baths
845Sq Ft
6,500Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$547,287
5% AboveMARKET VALUE
SUMMARY
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $575,000—positioned above the $556,599 Fair Market Value. While currently priced slightly above market, the asset offers significant upside through its Prime Waterfront Location and ADU Potential on a 6,500 sqft lot. Featuring a Condition Rating of 3, the property includes modern updates and separate utility metering, ensuring operational efficiency. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Estimated Market Value
$547,287
Based on Realkey algorithm analyzing recent comparable sales in Vallejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 Kentucky Street Subject | $580,000 | 0 | 0 | 845 | $648 | - |
A 1038 Alabama Street Active | $550,000 List Price | 2 | 2 | 1,040 | $529 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1900, the property shows signs of a significant cosmetic renovation within the last 5-15 years. Interior images reveal modern laminate flooring, fresh paint, and updated ceiling fans. The bathroom, while featuring dated tile work, appears well-maintained and fully functional. The presence of separate PGE meters and in-unit laundry suggests electrical and plumbing systems have been modernized to support multi-unit functionality, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Location
Situated just one block from the waterfront with scenic water views, this property offers high desirability and lifestyle appeal for both tenants and owner-occupants.
- Development & Income Potential
The generous 6,500 sqft lot includes alley access and ADU potential, providing a path for value-add appreciation alongside a strong projected rental income of $52,800 per year.
- Operational Efficiency
With separately metered PGE and individual in-unit laundry facilities, the property minimizes landlord utility overhead and enhances tenant convenience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 845, other record living area = 1726.
- Limited Living Space
At only 845 total square feet for two units, the living quarters are exceptionally small, which may restrict tenant types and long-term occupancy comfort.
- Historic Age & School Ratings
Built in 1900, the property likely requires ongoing maintenance for aging systems, and the low ratings of the local public schools may deter families.
About 114 Kentucky Street
Great opportunity to own 2 units 1 block from the waterfront. You can rent out each unit for approximately $52,800/year or live in 1 unit and rent out the other to help pay off your mortgage faster. The location can't be beat & the lot is large enough to add a possible ADU. The lot goes all the way to the alley and has a parking structure. Each unit has it's own washer and dryer and PGE is metered separately.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1900
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Vallejo Unified Schools
Lincoln Elementary School
Grades K-5 • 0.6 mi
2/10
Highland Elementary School
Grades K-5 • 1.7 mi
4/10
Grace Patterson Elementary School
Grades K-5 • 2.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 7.0 |
| Square foot | 845 | 2,224.5 |
| Lot Size | 6,500 | 7,187 |
| Price | $580.0K | $602.5K |
| Price per sq ft | $686 | $334 |
| Built year | 1900 | 1924 |
| HOA | $0 | $0 |
| Days on market | 106 | 100 |
Pricing History
Listed for Sale
May 26, 2026
$575,000
Initial Listing