
Vallejo, CA 94590
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $575,000—positioned well above the $522,718 Fair Market Value by 10%. While the property requires a strategic approach, the Condition Rating of 3 reflects a split status: Unit 819 is fully renovated, while Unit 817 offers significant Value-Add Potential through cosmetic updates and the conversion of formal dining rooms into additional bedrooms. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack and build long-term equity in a central Vallejo location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 817 Alameda St Subject | $575,000* List Price | 0 | 0 | 1,632 | $320 | - |
A 1513 Santa Clara Street Sold | $435,000 | 2 | 0 | 1,542 | $282 | 0.8 mi |
B 415 Napa Street Sold | $625,000 | 0 | 0 | 2,055 | $304 | 0.4 mi |
C 915 Napa Street Sold | $599,000 | 4 | 0 | 2,052 | $292 | 0.2 mi |
D 526 Jersey Street Active | $645,000 List Price | 5 | 3 | 1,728 | $373 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1937 duplex presents a split condition: Unit 819 is fully renovated with a modern kitchen (shaker cabinets, stone countertops, stainless appliances) and an updated bathroom. Unit 817 remains functional but dated, requiring cosmetic updates. The property is move-in ready and well-maintained overall.
As a duplex with one unit delivered vacant, this property offers excellent flexibility for an owner-occupant to 'house-hack' or for an investor to immediately capitalize on market-rate rentals.
The layout includes formal dining rooms in each unit that can be converted into additional bedrooms, providing a strategic opportunity to increase rental yield and property equity.
Unit 819 is already fully renovated, reducing the immediate need for capital improvements and allowing for quicker occupancy or income generation for at least half of the building.
The property is sold in its present as-is condition, implying that the vacant unit and structural systems may require significant additional investment to bring the entire asset up to modern standards.
The assigned public schools have relatively low ratings (ranging from 2 to 4), which may limit the property's appeal to families and potentially impact long-term appreciation compared to higher-rated districts.
Opportunity awaits at 817 Alameda Street! This Vallejo duplex offers a great opportunity for an investor or owner-occupant looking to add value and build equity. Live in one unit and rent the other, or add this property to your investment portfolio and take advantage of the income potential. Conveniently located near shopping, dining, transportation, schools, and major commuter routes, this property offers flexibility and possibilities for the right buyer. Bring your vision and make this duplex shine! Unit 819 is fully renovated. Property is being sold in its present AS-IS condition. 817 will be delivered vacant. Each unit has a formal dining room that can be converted into a bedroom.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 7.0 |
| Square foot | 1,632 | 2,224.5 |
| Lot Size | 2,720 | 7,187 |
| Price | $575.0K | $602.5K |
| Price per sq ft | $352 | $334 |
| Built year | 1937 | 1924 |
| HOA | $0 | $0 |
| Days on market | 5 | 100 |
Sep 4, 2026
$575,000
Initial Listing
Apr 20, 2007
$395,000
Public Record