565 N 12th Street, San Jose, California 95112, San Jose, 95112 - 0 bed, 0 bath
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San Jose, California 95112
This High-Demand Duplex Asset is a Strong Value Opportunity with a List Price of $1,095,000—positioned well below the $1,195,000 Fair Market Value by 8%. This valuation gap provides $100,000 in Instant Equity. Featuring a rare 3-bedroom, 2-bathroom configuration for both units, the property offers significant rental upside near Japantown and North Valley tech hubs. With a Condition Rating of 4, this well-maintained 1950s build includes private rear yards and one-car garages. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 565 N 12th Street Subject | $1,095,000* List Price | 0 | 0 | 2,014 | $593 | - |
A 422 N 5th Street Sold | $1,050,000 | 0 | 0 | 2,268 | $463 | 0.5 mi |
B 951 N 4th Street Sold | $999,000 | 0 | 0 | 1,860 | $537 | 0.8 mi |
C 718 N 16th Street Sold | $900,000 | 0 | 0 | 1,450 | $621 | 0.4 mi |
D 791 N 14th Street Pending | $1,050,000 List Price | 0 | 0 | 1,894 | $554 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this duplex is well-maintained by long-term tenants but remains largely outdated. While the listing notes some updates to flooring and countertops, the images show older cabinetry, dated tile work, and window AC units. It meets the 'fair' criteria as an aged property that is functional through regular upkeep but lacks recent comprehensive renovations.
Both units feature a 3-bedroom, 2-bathroom layout, which is a rare and highly desirable configuration for a duplex, appealing to a wider range of families and high-quality tenants.
The property is strategically located near Japantown and the North Valley high-tech corridor, ensuring strong long-term demand and potential for significant capital appreciation.
With long-term tenants of 20 and 30 years who wish to remain, the property offers immediate cash flow and eliminates the initial vacancy risk and turnover costs for a new investor.
Current rents are acknowledged as low due to the long-term status of the tenants, which may impact the immediate capitalization rate and return on investment.
Built in 1950, the property may require future capital expenditures for major systems despite cosmetic updates to flooring and countertops.
Great opportunity for first time or seasoned investor. Both units 3 bedrooms and 2 baths. Tenants are long term (20 and 30 years) and would like to stay for new owner. Great rental area near Japantown and north valley hi tech areas. Both units are well kept by current tenants. Some updating over the years with counter tops in kitchens, engineered flooring is most areas of the units, some tile work in baths and other updates. both units have rear yards for privacy. Each unit has a one car garage. Total square feet for building is 2014, split somewhat equally with the 2 units. Rents are a little low because of the long term status of the tenants. Washer and dryer hookups in garages.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 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 | 2,014 | 1,860 | 56% |
| Lot Size | 6,250 | 6,250 | 50% |
| Price | $1.09M | $999.0K | 67% |
| Price per sq ft | $544 | $544 | 50% |
| Built year | 1950 | 1936 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 150 | 11% |
Apr 1, 2026
$1,095,000
$1,195,000
-8% Price Drop
Initial Listing
Mar 10, 2026
$1,195,000
Initial Listing
Dec 15, 2016
$675,000
Public Record