
Berkeley, California 94703
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $975,000—positioned above the $938,536 Fair Market Value. While priced at a premium, the property offers immediate stability with a Condition Rating of 4, featuring a newer HVAC system and high energy efficiency. The vacant, upgraded unit provides an immediate path to market-rate revenue, while the occupied unit offers long-term stability. Located near top-rated schools like Berkeley High and Willard Middle, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1804 Derby St Subject | $975,000* List Price | 0 | 0 | 1,680 | $559 | - |
A 3110 California St Sold | $1,200,000 | 0 | 0 | 2,244 | $535 | 0.6 mi |
B 2201 Spaulding Ave Sold | $1,030,000 | 0 | 0 | 1,652 | $623 | 0.7 mi |
C 1530 Stuart St Active | $900,000 List Price | 0 | 0 | 1,680 | $536 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property has a newer HVAC system and high energy scores, the kitchen and bathrooms feature oak cabinetry and white appliances consistent with a renovation from over 20 years ago. One unit requires new paint and carpet, and the overall interior aesthetic is dated, fitting the criteria for minor repairs and updates needed.
Situated in a highly walkable Berkeley neighborhood, the property is just a 15-minute walk or 4-minute bike ride from Ashby BART, offering exceptional commuter convenience.
Both units feature an impressive BESO Energy Score of 8 out of 10, a rare and valuable asset for a 1906 build that ensures lower utility costs and modern efficiency.
The duplex setup with one vacant, recently upgraded unit (1806) allows for an immediate 'live-in-one, rent-the-other' scenario or the ability to secure market-rate rent right away.
Unit 1804 is currently occupied by a long-term tenant and requires updates including new paint and carpeting to bring it up to the standard of the vacant unit.
Built in 1906, the property may require ongoing maintenance or structural oversight typical of century-old homes, despite recent upgrades to the heating system and landscaping.
1804 - 1806 Derby St. is a prime 2 bedroom, 1-bath duplex that offers excellent investment potential or an ideal live-in-one, rent the other setup. Very spacious duplex with identical floorplans. Perfectly blending classic charm with versatile living, it is a rare opportunity to own a steady-income property in a highly desireable and walkable neighborhood. The Ashby BART station is about a 4 min. bike ride away & about a 15 min. walk. Unit 1804 has a long term tenant. It has a fairly new central heating system. The unit could use a new paint job and new carpet. Unit 1806 is vacant and recently upgraded with new carpet, paint and blinds. Both units have Jack & Jill bathrooms. The front and back yard areas have recently been beautifully re-landscaped. BESO Energy Score of 8 out of 10 for #1804. And a BESO Energy Score of 8 out of 10 for #1806.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,680 | 2,618 | 25% |
| Lot Size | 3,375 | 3,945 | 50% |
| Price | $975.0K | $1.40M | 13% |
| Price per sq ft | $580 | $558 | 50% |
| Built year | 1906 | 1909 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 148 | 13% |
May 31, 2026
$975,000
Initial Listing