
Suisun City, CA 94585
Analysis of 815 Main St, Suisun City, CA 94585 is currently available with a list price of $1,025,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Suisun City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1940, this multi-unit property is functional but dated. Kitchens and bathrooms feature older laminate surfaces and basic appliances likely over 20 years old. The presence of wall heaters instead of central HVAC, along with visible wear on original hardwood floors and exterior trim, indicates the need for modernization and minor repairs to reach current market standards.
Boasting a 6.89% Cap Rate, this property offers strong immediate cash flow with additional upside through the lease-up of the final vacant unit and future rent growth.
Situated in the heart of Suisun City just steps from the waterfront, the property benefits from a highly desirable and walkable location that appeals to a wide tenant base.
The inclusion of an adjacent parcel providing 5+ off-street parking spaces and secured storage is a significant competitive advantage in a dense downtown submarket.
Originally constructed in 1940, the building may require more frequent maintenance or significant capital expenditures for system upgrades compared to newer assets.
The property has undergone a recent price reduction from $1.095M to $1.025M, which may suggest a cooling in market demand or a need for more aggressive positioning.
6.89% Cap Rate! ±6,367 square foot, five-unit multifamily property located in the heart of Suisun City, just steps from the waterfront. The building offers an attractive unit mix of spacious one-bedrooms, studios, and a large three-bedroom 1,500+ square foot unit, situated on a ±7,162 square foot lot. Four of the five units are currently leased, providing immediate income with upside through lease-up of the remaining vacancy and continued rent growth. The offering also includes the adjacent parcel, which provides 5+ off-street parking spaces and secured storage at the rear. The property represents an excellent opportunity for investors seeking strong cash flow in an emerging Solano County submarket.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1940 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 24, 2026
$1,025,000
$1,095,000
-6% Price Drop
Initial Listing
Jan 27, 2026
$1,095,000
Initial Listing
May 14, 2019
$720,000
Public Record