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For sale
  • $1,200,000

    309 N 5th St, San Jose, CA 95112

    --beds
    --baths
    2,532sqft
    : 
    Quadruplex, Residential Income
    Built in 1902
    -- sqft lot
    $1,156,700 Zestimate®
    $474/sqft
    $-- HOA

    What's special

    Two efficient studio units
    Welcome to 309 N 5th St in Downtown San Jose, a fully occupied fourplex offering 2,532 sq ft of living space on a 6,900 sq ft lot and positioned perfectly for your next investment opportunity. The building includes two well-sized one-bedroom, one-bath units and two efficient studio units, all occupied by consistent, reliable tenantsideal for a first-time investor, seasoned owner, or 1031 exchange buyer seeking stability with upside potential. Situated in the heart of the Hensley neighborhood, the property provides easy access to restaurants, Japantown, San Jose State University, parks, and major transit. Nearby schools include Grant Elementary, Muwekma Ohlone Middle, and San Jose High, and the location remains a strong rental draw with major employers and the surrounding downtown just minutes away. With steady cash flow and the continued redevelopment of San Joses urban core, 309 N 5th St presents a compelling opportunity for long-term growth and income.
    17 days
    |
    788
    |
    40
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 02, 2025 at 05:46am

    Listed by:

    Andy Meunier 01933603 408-306-4841,

    Coldwell Banker Realty 408-252-1133,

    Ben Meunier 02230055 408-250-8262,

    Coldwell Banker Realty

    Source: MLSListings Inc,MLS#: ML82028187MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Electric Oven/Range, Gas Oven/Range
    Features
    • Doors: None
    Interior area
    • Total structure area: 2,532
    • Total interior livable area: 2,532 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 6,900 Square Feet
    Details
    • Parcel number: 24946057
    • Zoning: R4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition, Shingle
    Condition
    • Year built: 1902

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $474/sqft
    • Tax assessed value: $801,233
    • Annual tax amount: $14,551
    • Date on market: 11/23/2025
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: DishwasherSomeUnits
    • Lease term: Month To Month
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    Estimated market value

    $1,156,700

    $1.10M - $1.21M

    $3,381/mo

    Price history

    Price history
    DateEventPrice
    11/23/2025Listed for sale$1,200,000+471.4%$474/sqft
    Source: MLSListings Inc #ML82028187 Report a problem
    4/17/2007Sold$210,000$83/sqft
    Source: Public Record Report a problem
    4/27/1994Sold$210,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$13,863 +2.7%$801,233 +2%
    2023$13,493 +1.2%$785,524 +2%
    2022$13,331 +3.4%$770,123 +2%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $7,460/mo
    Principal & interest
    $5830
    Property taxes
    $1210
    Home insurance
    $420

      Climate risks

      Neighborhood: Downtown

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: SanJoseUnified

      Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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