236 Montclair Avenue, San Jose, California 95116, San Jose, 95116 - 0 bed, 0 bath
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San Jose, California 95116
This Income-Generating Triplex is a strategic multi-family asset listed at $1,420,000, positioned within a fair range of its $1,395,094 Fair Market Value. Maintaining a Condition Rating of 4, the property delivers immediate rental income via three fully occupied units: one 3-bedroom unit and two 2-bedroom units. Featuring a shared patio and recent mechanical updates, the property offers long-term Value-Add potential through cosmetic modernization. Located in a high-demand San Jose corridor near tech hubs, this is a stable acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 Montclair Avenue Subject | $1,420,000* List Price | 0 | 0 | 2,538 | $550 | - |
A 171 S Sunset Avenue Sold | $1,040,000 | 0 | 0 | 2,300 | $452 | 0.8 mi |
B 2369 Mammoth Drive Active | $1,490,000 List Price | 0 | 0 | 3,104 | $480 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this triplex is well-maintained for a rental property but remains largely outdated. While the interiors are functional with laminate flooring and recent minor updates to appliances and cabinetry in specific units, the overall aesthetic—including the kitchen styles, window AC units, and exterior finishes—reflects an older construction that has not undergone a comprehensive modern renovation. The property meets the 'fair' criteria as an aged home maintained through regular upkeep with major components that are functional but show signs of being outdated.
Welcome to 236 Montclair Avenue, a well-maintained triplex in the heart of San Jose offering immediate income and long-term potential. All three units are fully rented with stable, long-term tenants, making this an ideal opportunity for investors seeking reliable cash flow from day one. The property includes a 3 bed, 1 bath unit and two 2 bed, 1 bath units. Recent updates include a replaced washer and dryer in Unit 3, a new water heater in Unit 2, and kitchen cabinet work in Unit 2. Each unit features functional layouts, dedicated parking, and access to a shared outdoor area. Located on a quiet residential street with easy access to major freeways, shopping, medical centers, and tech corridors, this property combines convenience with consistent returns. Don't miss this rare multi-family opportunity in one of Silicon Valley's strongest rental markets.
No exterior & parking available.
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 | 2,538 | 2,300 | 60% |
| Lot Size | 7,200 | 7,200 | 50% |
| Price | $1.42M | $1.40M | 60% |
| Price per sq ft | $559 | $559 | 50% |
| Built year | 1960 | 1957 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 158 | 20% |
Feb 5, 2026
$1,420,000
Initial Listing
Oct 13, 2021
$1,425,000
Public Record
Oct 28, 2020
$1,310,000
Public Record
Jan 26, 2017
$975,000
Public Record
Jul 5, 2001
$50,000
Public Record
Jan 2, 1997
$200,000
Public Record