540 Fleming Avenue E, Vallejo, CA 94591, Vallejo, 94591 - 4 bed, 2 bath
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540 Fleming Avenue E
Vallejo, CA 94591
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,740Sq Ft
4,792Lot Size
Property Price
LIST PRICE$585,000
EST. MARKET VALUE
$592,800
SUMMARY
This Eastside Duplex represents a Strong Value Opportunity, listed at $585,000—positioned well below the $592,801 Fair Market Value by 1.3%. This valuation gap offers $7,801 in Instant Equity. With a Condition Rating of 3, the property features essential modern upgrades like central heating and updated windows. The dual-unit layout with private rear yards provides significant rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$592,800
Based on Realkey algorithm analyzing recent comparable sales in Vallejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 Fleming Avenue E Subject | $585,000* List Price | 4 | 2 | 1,740 | $341 | - |
A 112 Palomar Lane Sold | $630,000 | 5 | 3 | 2,395 | $263 | 0.1 mi |
B 1142 Oakwood Ave Sold | $550,000 | 3 | 2 | 1,515 | $363 | 0.8 mi |
C 121 Jackson Way Sold | $518,000 | 4 | 2 | 1,385 | $374 | 0.8 mi |
D 1501 Lassen Ct Active | $535,000 List Price | 3 | 2 | 1,483 | $361 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1970, the property is well-maintained and move-in ready. It features significant system updates including newer windows and central heating. The kitchens and bathrooms are functional with updated appliances and tile flooring, though some elements like the Formica countertops and cabinetry reflect an older renovation style (approx. 10-15 years).
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
This well-maintained duplex offers a versatile opportunity for investors to generate double rental income or for owner-occupants to live in one unit while offsetting their mortgage with the other.
- Private Outdoor Living
Each unit features a private rear yard that backs to serene open space, providing rare privacy and dedicated areas for gardening and outdoor relaxation.
- Essential Modern Upgrades
The property includes valuable functional improvements such as updated windows, central heating, and convenient interior laundry hookups, reducing immediate capital expenditure for a new owner.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
With Formica countertops and 1970s-era styling, the kitchens and interiors may require cosmetic updates to achieve top-market rental rates or modern aesthetic standards.
- Modest School Ratings
The local high school carries a lower rating of 3, which could impact the property's appeal to families and potentially limit long-term appreciation compared to areas with higher-rated districts.
About 540 Fleming Avenue E
Eastside Duplex! This well-maintained duplex features two mirror-image units, each offering 2 bedrooms and 1 bathroom. Both units feature updated windows, central heating, tile-floored kitchens with Formica countertops, and convenient interior laundry hookups. Sliding glass doors open from the bedrooms to private rear yards backing to open space, each offering a patio and space for gardening or outdoor enjoyment. A covered carport provides off-street parking. An excellent opportunity for an investor seeking income potential or an owner-occupant looking to live in one unit while generating rental income from the other. A versatile property with a desirable two-unit layout and private outdoor spaces.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Vallejo Unified Schools
Joseph H. Wardlaw Elementary School
Grades K-5 • 0.9 mi
6/10
Jesse M. Bethel High School
Grades 9-12 • 1.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,740 | 1,479.515 |
| Lot Size | 4,792 | 6,467.939 |
| Price | $585.0K | $557.8K |
| Price per sq ft | $336 | $359 |
| Built year | 1970 | 1959 |
| HOA | $0 | $159 |
| Days on market | 32 | 46 |
Pricing History
Listed for Sale
Aug 8, 2026
$585,000
Initial Listing
Sold
Oct 24, 2019
$488,000
Public Record
Sold
Jul 7, 2016
$360,000
Public Record