
San Jose, California 95112
This duplex presents a High-Potential Investment Opportunity with a List Price of $1,120,000—positioned well above the $995,724 Fair Market Value by -12%. While the property requires capital improvements due to its Condition Rating of 5, the strategic location near the future Google campus and downtown San Jose ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors seeking a value-add project or Owner-Occupants utilizing a house-hacking strategy to offset mortgage costs through existing month-to-month rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 855 N 16th Street Subject | $1,120,000* List Price | 0 | 0 | 1,587 | $613 | - |
A 855 N 12th Street Sold | $1,275,000 | 0 | 0 | 1,544 | $826 | 0.2 mi |
B 565 N 12th Street Sold | $1,095,000 | 0 | 0 | 2,014 | $544 | 0.6 mi |
C 1073 N 5th Street Active | $1,300,000 List Price | 0 | 0 | 1,680 | $774 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 with no evidence of recent renovations. The kitchen is significantly dated with missing cabinet panels and older appliances, indicating a need for a full rehab. The presence of window AC units suggests a lack of modern central HVAC systems.
Situated in the historic Hensley neighborhood near the future Google campus, Downtown San Jose, and SJSU, the property is perfectly positioned for high rental demand and long-term appreciation.
The duplex configuration with month-to-month tenants allows for immediate market-rate adjustments or an owner-occupant 'house hacking' strategy to significantly reduce mortgage overhead.
The absence of HOA fees combined with a low-maintenance yard ensures minimal recurring expenses and simplified management for both seasoned and first-time investors.
Built in 1956, the property may require capital improvements or updates to major systems to maintain competitiveness and meet modern efficiency standards.
The local public schools carry lower ratings (ranging from 2 to 4), which may limit the property's appeal to families and impact long-term resale value to that specific demographic.
Exceptional and affordable duplex located in the coveted historic prime location Hensley neighborhood in city of San Jose. An outstanding investment opportunity just moments from the future Google campus, Downtown San Jose, SAP Center, San Jose State University, and San Jose International Airport. Low-maintenance yard completes this desirable property. An excellent opportunity to live in one unit and rent the other, offering built-in rental income to help reduce monthly mortgage costs. Or have this as part of your investment portfolio, both units are rented on month to month, with no HOA cost and you own the land.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,587 | 2,559.348 |
| Lot Size | 5,375 | 6,883.043 |
| Price | $1.12M | $1.48M |
| Price per sq ft | $706 | $632 |
| Built year | 1956 | 1963 |
| HOA | $0 | $0 |
| Days on market | 36 | 63 |
Aug 4, 2026
$1,120,000
Initial Listing
Apr 13, 2017
$785,000
Public Record
May 5, 2010
$348,500
Public Record
Oct 21, 2004
$500,000
Public Record