Vallejo Homes with 5 or More Units Property Subtype

Welcome to Vallejo, California, a vibrant city nestled in the heart of Solano County, where stunning waterfront views and a rich tapestry of culture come together. Vallejo is known for its diverse community, eclectic dining options, and a plethora of recreational activities, making it a desirable place to call home. With its strategic location, just a short drive from both San Francisco and Napa Valley, Vallejo offers residents the perfect blend of urban convenience and suburban tranquility.

For those interested in investment opportunities, Vallejo boasts a promising market for homes with 5 or more units. This property subtype is ideal for savvy investors looking to capitalize on the growing rental demand in the area. The city has seen a steady influx of residents, drawn by its affordability compared to neighboring cities, which has resulted in a thriving rental market.

Properties with multiple units not only provide a steady income stream but also offer the potential for long-term appreciation. Vallejo’s charming neighborhoods, such as the historic Downtown area and the scenic Mare Island, are perfect for multi-family living, attracting a diverse range of tenants from young professionals to families.

With its beautiful parks, rich history, and community-focused events, Vallejo is more than just a place to live; it’s a place to thrive. Whether you’re an experienced investor or just starting out, the opportunities in Vallejo’s multi-unit housing market are ripe for the picking. Explore the potential of this dynamic city and discover why Vallejo is the perfect backdrop for your next real estate venture!

Newest Vallejo Homes with 5 or More Units Property Subtype

$1,000,000

4,442 SqFt. ⋅ 326058599 MLS

Positioned on a prominent corner lot directly across from Washington Park, this well-maintained five-unit apartment building presents an outstanding investment opportunity in the Vallejo rental market. With frontage on both Louisiana Street and Napa Street, the property benefits from excellent visibility, strong curb appeal, and a desirable residential setting. The unit mix consists of one spacious 3-bedroom, 2-bath unit and four 1-bedroom, 1-bath units, offering a balanced income stream with broad tenant appeal. Additional amenities include two one-car garages, providing added value and potential for supplemental rental income. Ownership has completed several capital improvements, including updated electrical subpanels and newer exterior paint, helping reduce near-term maintenance costs while enhancing the property's overall condition. Conveniently located across from Washington Park and within close proximity to shopping, schools, transportation, and major commuter routes, this asset offers investors the opportunity to acquire a solid multifamily property with an attractive unit mix, quality improvements, and long-term upside in one of Vallejo's established neighborhoods.

845 Louisiana St, Vallejo

Listing courtesy of Steven Level from Berkshire Hathaway

$1,450,000

5,270 SqFt. ⋅ 326054298 MLS

Exceptional Historic 6-Unit Investment Property in the Heart of Vallejo featuring a total of 9 Bedrooms and 7 Full Bathrooms across two separate buildings. This unique offering combines timeless architectural character with extensive modern renovations. All 6 Units have been extensively updated and remodeled offering an attractive unit mix and strong income potential. The property consists of two separate buildings. The main building, fully remodeled in 2024 with permits while preserving its historic character, features four units, including a spacious Main Unit with 4 bedrooms and 2 bathrooms, soaring ceilings, abundant natural light, elegant staircase, and stylish upgrades throughout, ideal for an owner-occupant or premium rental. Additional Units in the Main Building include Unit A (1bed/1bath), Unit B (studio), and Unit C (2bed/1bath). The Rear building offers two additional fully remodeled units: Unit D (2BD/1BA) on the upper level and Unit E (studio) on the lower level. Two enclosed private garages provide valuable off-street parking and storage, with one garage designated for the Main Unit and the other designated for Unit D. A gated, private courtyard creates a charming, communal outdoor space for residents. Well-maintained and currently income-producing, this unique property combines strong current rental income with additional upside potential. Home Warranty in place paid until 2032 is transferable to new owner! Nestled in the desirable Saint Vincent's Hill Historic neighborhood, this centrally located multi-unit property presents an outstanding investment opportunity just minutes from the Vallejo Ferry Terminal, Farmer's Market, shopping, parks, schools, restaurants, and major freeways.

914 Sacramento St, Vallejo

Listing courtesy of Chona Ramos from Journey Home Realty

$1,995,000

8,760 SqFt. ⋅ 326022869 MLS

Seller is committed to selling. 14-unit apartment property located at 144 Hilborn Street in Vallejo, California. The subject property consists of fourteen (14) one-bedroom, one-bathroom apartment units situated in the desirable Vallejo Heights neighborhood. The property features a highly efficient unit mix comprised entirely of 1x1 units, a consistently strong rental format that appeals to a wide range of tenants in the Vallejo rental market. The building offers investors a well-located multifamily asset positioned within close proximity to major employment centers, transportation corridors, the Vallejo waterfront, and elevated West facing views of the Napa River. 144 Hilborn Street presents investors with the opportunity to acquire a well-positioned 14-unit apartment building in a supply-constrained Bay Area rental market. With Vallejo continuing to benefit from its relative affordability compared to other Bay Area cities, the property is well positioned to attract steady tenant demand from renters seeking access to regional employment centers while maintaining more attainable housing costs. Offered at a list price of $2,100,000, the property provides investors the opportunity to acquire a well-maintained multifamily asset with attractive potential for future rental growth in one of the Bay Area's most accessible rental markets.

144 Hilborn Street, Vallejo

Listing courtesy of from North Valley Real Estate Advisors

$1,500,000

4,688 SqFt. ⋅ 325043141 MLS

470-480 Wilson Avenue is a 6-unit multifamily property on a picturesque 8,440 square foot lot with waterfront bay views, comprising four two-bedroom units and two one-bedroom units in Vallejo, California, strategically located on the eastern side of Wilson Avenue with convenient access to local freeways and the bustling Mare Island mixed use complex. The property is fully occupied, with an average tenancy duration of 29.8 months. This 6-unit income property is being offered standalone or as part of a two property portfolio called the The 526 Jersey Street Portfolio. Portfolio Prospectus available upon request.

470 Wilson Ave, Vallejo

Listing courtesy of Jason Luros from Jason Luros, Broker

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