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Active 0 days on market

2831 Martin Luther King Jr Way

Oakland, CA 94609

$849,000

2831 Martin Luther King Jr Way
2831 Martin Luther King Jr Way photo 2
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+3 more
Beds
Baths
Sq Ft
0.06Acres
1912Built

About This Home

This is a rare opportunity to acquire a fully occupied 5-unit multifamily property in one of Oakland's most established and desirable rental markets. Located in North Oakland near the Temescal District, MacArthur BART, Berkeley, and Emeryville, the property benefits from strong tenant demand, excellent commuter accessibility, and long-term appreciation potential. The property has undergone significant capital improvements, including remodeled units, a newer roof, and fresh exterior paint, creating a low-maintenance investment opportunity with stable in-place income. Tenants pay their own PG&E utilities, helping reduce ownership expenses and improve operational efficiency. Electric water heaters.

Property Details

Property TypeResidentialIncome
Year Built1912
Lot Size0.06 acres
Parking Total2
HeatingElectric
CoolingNone
PoolNo
MLS #1174162132
Days on Market0 days

Location

Listed by

Christopher Paratore

BHHS Drysdale Alameda

MLS# BMLS-R01955016

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

2831 Martin Luther King Jr Way | Oakland, CA | Leeper Realty Group