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450 Lewis RoadSan Jose, CA 95111

For Sale

$1,688,000

Smart Buyer Rebate $16,880

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.

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.