
Oakland, California 94601
This Value-Add Triplex Asset is listed at $750,000, representing a stable investment entry aligned with its $724,279 Fair Market Value. The property currently holds a Condition Rating of 4, providing immediate occupancy and cash flow with significant long-term upside through cosmetic renovations. Located in the transit-rich Fruitvale neighborhood, residents benefit from proximity to Fruitvale BART and top-tier institutions like Lincoln Middle School (9/10) and Alameda High School (9/10). With individually metered utilities, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4114 E 17th Street Subject | $675,000* List Price | 0 | 0 | 1,726 | $409 | - |
A 2123 High Pending | $499,999 List Price | 4 | 2 | 1,822 | $274 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915, this triplex is functional and fully occupied but shows signs of significant age. While the units are individually metered for gas and electric, the interior finishes and exterior appearance are dated, suggesting a lack of recent major renovations (15-30+ years). It is move-in ready for tenants but requires cosmetic updates and minor repairs to achieve market-rate rents.
Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
Situated in the highly walkable Fruitvale neighborhood, the property offers excellent proximity to Fruitvale BART, the Public Market, and major freeways, ensuring high tenant demand.
With current rents performing below market levels and 100% occupancy, the property provides a stable foundation with substantial potential for future income growth.
The lack of dedicated on-site parking in a dense urban area may be a drawback for tenants and could impact the property's competitive edge compared to buildings with garages.
The majority of the immediate neighborhood schools carry low ratings (2/10), which may limit the appeal for families despite the inclusion of larger two and three-bedroom units.
Marcus & Millichap is pleased to present 4114 E 17th St, a well located 3 unit multifamily property in Oaklands highly walkable Fruitvale neighborhood. Built in 1915, the property totals approximately 1,726 SF on a 0.05acre lot and is 100% occupied, providing immediate inplace income. The unit mix includes one 1BD/1BA, one 2BD/1BA, and one 3BD/1BA unit. Utilities are individually metered for gas and electric, with master metered water. Street parking available. In place rents are approximately below market, offering long term upside potential. Excellent location near International Blvd, Fruitvale Public Market, Fruitvale BART, neighborhood retail, and convenient access to I580 and I880. A fantastic multifamily opportunity in a strong East Oakland rental corridor.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 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 | 1,726 | 2,564 | 17% |
| Lot Size | 2,050 | 4,812.5 | 8% |
| Price | $675.0K | $675.0K | 50% |
| Price per sq ft | $391 | $283 | 83% |
| Built year | 1915 | 1918 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 150 | 8% |
May 22, 2026
$675,000
$750,000
-10% Price Drop
Initial Listing
Apr 30, 2026
$750,000
Initial Listing
Apr 3, 2019
$572,500
Public Record