183 N 7th, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath
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183 N 7th
San Jose, California 95112
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,063Sq Ft
2,775Lot Size
Property Price
LIST PRICE$1,174,000
EST. MARKET VALUE
$987,796
18% AboveMARKET VALUE
SUMMARY
This Hybrid Single Family Residence is a High-Potential Investment Opportunity, listed at $1,174,000—positioned above the $987,797 Fair Market Value. While the list price exceeds the current valuation, the property offers significant income-generating potential through its Detached ADU and Basement Rental Potential. Featuring a newly remodeled interior with an Excellent Condition Rating, this home provides immediate turnkey utility. Located near San Jose State University and major tech hubs, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-demand urban market.
Estimated Market Value
$987,796
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1906, the property is described as a 'newly remodeled' turnkey home. It features a less than 5-year-old renovation including new flooring, quartz countertops, updated bathrooms, and modern appliances, meeting the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
The inclusion of a detached ADU and a basement with rental potential provides significant flexibility for multi-generational living or generating high-yield rental income in a high-demand market.
- Modern Turnkey Remodel
This 1906 home has been comprehensively updated with new flooring, quartz countertops, and modern appliances, offering a move-in-ready experience that blends historic charm with contemporary luxury.
- Prime Downtown Location
Situated just minutes from San Jose State University, major tech hubs, and downtown dining, the property boasts an exceptional walk score and long-term appreciation potential for urban professionals.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1063, other record living area = 1313.
- Limited Lot Size
At only 2,775 square feet, the lot is quite compact, leaving very little outdoor space or yard for recreation, especially with the footprint of the detached ADU.
- Extended Days on Market
With 133 days on the market, the property may face buyer hesitation or perceived overpricing relative to its small interior square footage and lot size.
About 183 N 7th
Welcome to this beautifully newly remodeled home in the heart of Downtown San Jose, perfectly blending modern upgrades with timeless charm. Originally built in 1906, this home has been thoughtfully updated to meet today’s lifestyle while preserving its character. Step inside to discover a bright and inviting interior featuring new flooring, quartz countertops, updated bathrooms, and modern appliances—creating a turnkey living experience. The main residence offers comfortable living with approximately 3 bedrooms and 2 bathrooms across ~1,000+ sq ft. ? What truly sets this property apart: A detached ADU (Accessory Dwelling Unit)—ideal for generating rental income, multi-generational living, or a private guest suite. This added flexibility makes it a standout investment opportunity in a high-demand rental market. ?? Located just minutes from San Jose State University, downtown dining, tech hubs, and major commute routes, this property offers both convenience and long-term upside. Basement has potential for additional rental income.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1906
- Lot Size
- 2,775 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Horace Mann Elementary School
Grades K-5 • 0.2 mi
4/10
Grant Elementary School
Grades K-5 • 0.7 mi
2/10
Lowell Elementary School
Grades K-5 • 1.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,063 | 1,706.046 |
| Lot Size | 2,775 | 6,261.966 |
| Price | $1.17M | $1.68M |
| Price per sq ft | $1.1K | $979 |
| Built year | 1906 | 1965 |
| HOA | $0 | $200 |
| Days on market | 166 | 37 |
Pricing History
Listed for Sale
Mar 27, 2026
$1,174,000
Initial Listing
Sold
May 11, 2006
$540,000
Public Record