
Vallejo, CA 94590
This Value-Add Victorian Triplex is listed at $699,000, aligning closely with its $695,914 Fair Market Value. The 1903 Queen Ann architecture maintains a Fair Condition Rating, offering immediate cash flow from two units currently generating $3,000 in monthly income. The property features a remodeled primary unit with quartz countertops and 10-foot ceilings, while the third studio provides a clear path for forced appreciation through renovation. Boasting a 3-car garage and proximity to the Vallejo Ferry, this asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 844 Kentucky Street Subject | $699,000* List Price | 4 | 3 | 2,161 | $322 | - |
A 915 Napa Street Sold | $599,000 | 4 | 0 | 2,052 | $292 | 0.2 mi |
B 723 Florida Street Sold | $625,000 | 6 | 3 | 1,566 | $399 | 0.2 mi |
C 31 Kentucky Street Sold | $585,000 | 4 | 2 | 1,400 | $418 | 0.7 mi |
D 1920 1922 Marin Street Sold | $502,000 | 4 | 3 | 1,637 | $307 | 0.6 mi |
E 332 334 Kentucky Street Sold | $569,000 | 4 | 1 | 1,470 | $387 | 0.5 mi |
F 1115 Solano Avenue Sold | $495,000 | 2 | 1 | 0 | 0.7 mi | |
G 523 Branciforte Street Pending | $749,999 List Price | 6 | 5 | 2,400 | $312 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1903 Victorian triplex presents a mix of conditions across its units. While the primary 2-bedroom unit has been recently updated with modern kitchen finishes, quartz countertops, and updated appliances, the property as a whole requires further work. One studio unit was updated seven years ago, but the third unit is explicitly described as needing a full renovation ('creative touch'). Additionally, exterior images show some deferred maintenance on the balcony/siding. The property fits the 'Fair' category as an aged building that has been partially updated but requires minor to moderate repairs and finishing to be fully optimized.
This triplex offers immediate cash flow with two units already rented for $3,000 combined, plus a significant value-add opportunity to increase equity by finishing the third studio.
The 1903 Queen Ann Victorian architecture features 10-foot ceilings and historic charm, complemented by a recently remodeled main unit with quartz countertops and a functional 200 sq. ft. loft.
Centrally located with easy access to I-80, Hwy 37, and the Vallejo Ferry, making it an ideal hub for tenants commuting to San Francisco, the East Bay, or Napa Valley.
One studio unit requires a 'creative touch' and full renovation, necessitating immediate capital expenditure and oversight before it can be occupied at market rent.
The property is served by local schools with low performance ratings (as low as 2/10), which may limit the appeal for long-term family tenants and impact future appreciation.
Architecturally interesting Queen Ann Victorian Triplex in Vallejo! Discover a unique investment opportunity with this beautifully partially updated Queen Ann Victorian triplex, originally a single-family home, located in the heart of Vallejo. This property features three distinct units: a spacious 2-bedroom, 1-bath unit, and two charming studio apartments, making it perfect for investors or homeowners looking for rental income. The 2-bedroom, 1-bath unit has been recently remodeled with modern finishes, including elegant quartz countertops and updated appliances. There is also a funky loft area of over 200 sq. ft. that is ideal for an office or craft space. One of the studio apartments was remodeled approximately seven years ago, while the second studio awaits your creative touch, providing a great value-add opportunity with some cabinets and appliances included (washer/dryer, stove, and dishwasher). Both studios boast impressive 10 ft. ceilings, adding to their charm. The triplex features separate gas meters for each unit, 3-car garage with separate entry doors, and additional basement space for storage & easy maintenance access. The 2 bedroom unit and 1 of the studios are currently rented for $1,800 and $1,200 respectively. Centrally located, this property offers convenient access to major highways (Hwy 37 and I-80) and nearby ferry terminal, with parks, schools, and shopping centers just moments away. Great for commute to SF, Marin, and East Bay. Within 30 minutes of the World Famous Napa Valley and Sonoma wine country!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 1.5 | 63% |
| Square foot | 2,161 | 1,844.5 | 63% |
| Lot Size | 3,027 | 4,904.5 | 13% |
| Price | $699.0K | $612.0K | 63% |
| Price per sq ft | $323 | $299 | 63% |
| Built year | 1903 | 1910 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 177 | 13% |
Feb 15, 2026
$699,000
Initial Listing
Jun 30, 2016
$355,000
Public Record
Nov 19, 2012
$249,500
Public Record
Oct 31, 2008
$303,000
Public Record
Oct 4, 1994
$91,000
Public Record