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203 Bissell AvenueRichmond, CA 94801

For Sale

$989,000

Smart Buyer Rebate $9,890

Marcus & Millichap is pleased to present 203 Bissell Ave, offered at $1,150,000, 203 Bissell Ave is a 4 unit multifamily property located in Richmonds Iron Triangle neighborhood. Built in 1908, the property totals approximately 3,932 SF on a 0.08acre lot and is currently 50% occupied, presenting a clear value add and leaseup opportunity. The unit mix consists of one 4BD/2BA unit, two 4BD/1BA units, and one co-living layout, with inplace rents estimated ~13% below market. Utilities are efficiently structured with separately metered gas and electric and master metered water. Street parking only. Financial highlights include an 8.90% current cap rate and a 10.64% pro forma cap rate, supported by strong rent growth potential and operational upside. The property is within close proximity to Richmond BART & Amtrak (±1.3 miles), major freeways (I80, I580, SR4), Kaiser Permanente Richmond Medical Center, and regional employment hubs. An ideal opportunity for investors seeking high yield, upside through rent increases, and a well-located small multifamily asset in the East Bay.

Listed by Eymon Binesh

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License #02060059

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Marcus & Millichap

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650-546-1030

Last updated September 03, 2026

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Source: MLSListings #ML82045270

Listing Facts

  • TypeMulti-family
  • NeighborhoodAtchison Village
  • Days on Prevu139
  • Taxes$21,235/year
  • Size3,932 sqft
  • Price per sqft$252

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

09/03/2026
Price Decreased
$989,000
04/30/2026
Listed by Marcus & Millichap
$999,000
  1. 09/03/2026$989,000
    Price Decreased
  2. 04/30/2026$999,000
    Listed by Marcus & Millichap

Property Details for 203 Bissell Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Rolled/Hot Mop
  • Stories: 1
  • Year Built: 1908
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,932
  • Lot Size Area: 3,484
  • Lot Size Source: Other
  • Lot Size Square Feet: 3,484
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 10.34
  • Gross Income: $141,462.00
  • Operating Expense Includes: Gardener, Insurance, Maintenance, Utilities, Water/Sewer

Taxes

  • Parcel Number: 538-190-021-5
  • Tax Annual Amount: $21,235.00

Interior

Measurements

  • Living Area: 3,932

Parking

Parking

  • Carport: Yes
  • Parking Features: On Street

Schools

Elementary School

  • Elementary School District: West Contra Costa Unified

High School

  • High School District: West Contra Costa Unified

Utilities

Equipment

  • Heating: Gas
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 203 Bissell Avenue.

What are the annual taxes for 203 Bissell Avenue?

Annual taxes for this multi-family home are estimated at $21,235.

How does 203 Bissell Avenue compare to other multi-family homes in Atchison Village?

This multi-family home is listed 1% below the average price for multi-family homes in Atchison Village and has been on the market for 44 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,932 sqft.

203 Bissell Avenue is a -bedroom multi-family home for sale in Richmond CA 94801. Available on Prevu for 139 days at $989,000. This includes a recent price decrease of $10,000. This property features 3,932 square feet of living space, located in Atchison Village. The median listing price for multi-family homes in this area is $227,000. The home offers pets allowed. Browse more multi-family home listings in Richmond.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 09/03/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data Services by Constellation Data Labs. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.