3228 Neal Avenue, San Jose, California 95117, San Jose, 95117 - 0 bed, 0 bath
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San Jose, California 95117
This High-Utility Residential Income Duplex is listed at $1,850,000, positioned as a premium asset relative to its $1,741,502 Fair Market Value. Featuring a rare dual 3-bedroom, 2-bathroom configuration, the property maintains a Condition Rating of 3 with updated kitchens, bathrooms, and flooring. The expansive 9,040 SF lot provides individual private patios for each unit, while the proximity to Santana Row and Valley Fair ensures high tenant demand and long-term appreciation. This turnkey property is a strategic choice for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stable Silicon Valley asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3228 Neal Avenue Subject | $1,750,000 | 0 | 0 | 2,552 | $669 | - |
A 1112 Nottingham Place Sold | $1,550,000 | 0 | 0 | 2,372 | $653 | 0.9 mi |
B 822 Opal Drive Active Under Contract | $1,580,000 List Price | 0 | 0 | 2,686 | $588 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1966, the property has been well-maintained with renovations to the kitchens, bathrooms, and flooring that appear to be within the 5-15 year range. Key systems have been addressed, including the addition of AC in one unit, newer water heaters, and updated sewer/water lines, making it move-in ready.
Both units feature a spacious 3-bedroom, 2-bathroom configuration, offering rare versatility for multi-generational living or high-yield rental income compared to standard smaller duplex units.
The property is ideally situated near premier destinations like Santana Row and Valley Fair, providing excellent accessibility to major commute arteries and high-end lifestyle amenities.
Extensive updates including remodeled kitchens, bathrooms, and windows, combined with critical maintenance like newer sewer and water lines, significantly reduce immediate capital expenditure for the buyer.
While one unit features air conditioning, the lack of cooling in the second unit may impact tenant comfort and create a disparity in rental value between the two sides.
The assigned high school has a mid-range rating of 5, which may be a drawback for families specifically prioritizing top-tier academic districts in the San Jose area.
Excellent opportunity for ownership, investment, or multi-family living! Both sides of this duplex are spacious 3-bedroom, 2 bath, with 1276SF of living space! One car attached garage and an inside laundry room. Tastefully updated throughout with many additional upgrades: kitchen, bathrooms, flooring, windows, AC in 3228. Very well maintained by the same family for decades; sewer and water lines to the street, newer water heaters, gutter and downspouts replaced, and much more... The large lot, 9040SF, gives both of these homes spacious backyards to enjoy. Excellent location close to Santana Row, Valley Fair, Downtown Campbell, San Tomas Expy and major freeways. Compare to single-family homes and get two for one!
No exterior & parking available.
Grades 9-12 • 1.4 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 | 2,552 | 2,462 | 50% |
| Lot Size | 9,040 | 8,357.5 | 50% |
| Price | $1.75M | $1.65M | 50% |
| Price per sq ft | $686 | $671 | 50% |
| Built year | 1966 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 136 | 50% |
Mar 25, 2026
$1,850,000
Initial Listing