Back on the market! Fully rented 4-unit investment opportunity with upside potential. This well-maintained building is a great addition to any investors portfolio, offering consistent rental demand, long-term tenants, and room to grow your profits. Property Highlights ** Unit Configuration: Four 2-bed/1-bath unitsideal for owner-occupiers or investors ** Well-Maintained Community - Privately run HOA ensures clean, well-kept grounds; assigned carports plus extra parking; shared laundry facility; tenant-enjoyed balconies/patios ** Prime Convenience - Close to major employers, shopping, dining, schools, churches, and public transitperfect for families and high occupancy rates ** Value-Add Potential - Some units need cosmetic upgrades, presenting an opportunity to raise rents and boost profitability
This property is a solid investment for seasoned investors or first-time buyers entering the multi-family market.
Listed by Meggie Collins
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License #02229230
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NextHome Axis Realty
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408-917-8303
Listed by Melinda Collins
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License #01178494
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NextHome Axis Realty
Last updated December 01, 2025
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Source: MLSListings #ML81991369
Listing Facts
TypeMulti-family
NeighborhoodHillsdale
Days on Prevu322
HOA/Maint. Fees$1,288/
Taxes$5,157/year
Size3,328 sqft
Price per sqft$507
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
10/31/2025
Status changed to Active
$1,688,000
10/27/2025
Status changed to Removed from Feed
$1,688,000
10/26/2025
Status changed to Active
$1,688,000
10/23/2025
Status changed to Removed from Feed
$1,688,000
09/10/2025
Price Decreased
$1,688,000
08/07/2025
Status changed to Active
$1,738,000
08/07/2025
Price Decreased
$1,738,000
08/01/2025
Status changed to Expired
$1,780,000
01/22/2025
Listed by NextHome Axis Realty
$1,780,000
Property Details for 450 Lewis Road
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories: 2
Year Built: 1962
Year Built Details: 2
Measurements
Building Area Total: 3,328
Lot Size Acres: 0.22
Lot Size Area: 9,945
Lot Size Source: Assessor
Lot Size Square Feet: 9,945
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.21
Gross Income: $93,306.00
Operating Expense Includes: Gardener, Maintenance
Taxes
Parcel Number: 497-27-004
Tax Annual Amount: $5,157.00
Interior
Features
Flooring: Laminate
Measurements
Living Area: 3,328
Parking
Parking
Carport Spaces: 2
Carport: Yes
Parking Features: Assigned Spaces
Parking Total: 2
Schools
Elementary School
Elementary School District: San Jose Unified
High School
High School District: East Side Union High
Utilities
Equipment
Cooling: Window/Wall Unit
Heating: Wall Furnace
Sewer: Public Sewer
Utilities: Water - Public, Individual Electric Meters, Individual Gas Meters
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 450 Lewis Road.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 450 Lewis Road.
What are the annual taxes for 450 Lewis Road?
Annual taxes for this multi-family home are estimated at $5,157.
How does 450 Lewis Road compare to other multi-family homes in Hillsdale?
This multi-family home is listed 5% below the average price for multi-family homes in Hillsdale and has been on the market for 265 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 3,328 sqft.
450 Lewis Road is a -bedroom multi-family home for sale in San Jose CA 95111. Available on Prevu for 322 days at $1,688,000. This includes a recent price decrease of $50,000. This property features 3,328 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $1,780,000. The home offers pets allowed and parking. View other multi-family home listings in San Jose.
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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.