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467 S 3rd StreetSan Jose, CA 95112

For Sale

$999,888

Smart Buyer Rebate $9,999

**CASH FLOW! CASH FLOW! CASH FLOW!**

Exciting Downtown San Jose investment opportunity generating **$13,862 per month in current scheduled rent $166,344 annually**.

467 S. 3rd Street offers an established income stream with **8 income-producing room rentals**, with subsidized and self-pay tenants. Based on current rents and financing assumptions, the property has the potential to **remain cash-flow positive with as little as 20% down**, creating an attractive opportunity for investors focused on immediate income.

**Strong gross income, tenants already in place, and cash-flow potential from day one.**

The property is legally recognized as a triplex under its Residential Occupancy Permit, with rooms rented individually. Buyers are encouraged to review all financial information, disclosures, permits, occupancy/use information, expenses, and perform their own due diligence regarding the property and projected cash flow.

**IMPORTANT SHOWING INFORMATION:**
Property is tenant occupied with limited access. **All showings will be held during one open house weekend only:**

**Saturday, October 3 | 2:00 - 4:00 PM**
**Sunday, October 4 | 2:00 - 4:00 PM**

**Mark your calendars and don't miss the open house weekend.**

Listed by Wesley Craig

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License #02114426

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Coldwell Banker Realty

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408-772-0087

Last updated October 05, 2026

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Source: MLSL #ML82062929

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Campus
  • Days on Prevu33
  • Taxes$19,200/year
  • Size2,620 sqft
  • Price per sqft$382

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/29/2026
Listed by Coldwell Banker Realty
$999,888
  1. 09/29/2026$999,888
    Listed by Coldwell Banker Realty

Property Details for 467 S 3rd Street

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition
  • Stories: 2
  • Year Built: 1898
  • Year Built Details: 6

Measurements

  • Building Area Total: 2,620
  • Lot Size Area: 6,210
  • Lot Size Source: Other
  • Lot Size Square Feet: 6,210
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 13.43
  • Gross Income: $158,027.00
  • Operating Expense Includes: Maintenance, Utilities, Water/Sewer

Taxes

  • Parcel Number: 467-47-029
  • Tax Annual Amount: $19,200.00

Interior

Measurements

  • Living Area: 2,620

Other

Features

  • Accessibility Features: Bathroom Features, Kitchen Features, Parking

Parking

Parking

  • Carport Spaces: 5
  • Carport: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Detached, Parking Area

Schools

Elementary School

  • Elementary School District: San Jose Unified

High School

  • High School District: San Jose Unified

Utilities

Equipment

  • Heating: Central Forced Air, Floor Furnace, Gas
  • Utilities: Water - Public, Individual Electric 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 467 S 3rd Street.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 467 S 3rd Street.

What are the annual taxes for 467 S 3rd Street?

Annual taxes for this multi-family home are estimated at $19,200.

How does 467 S 3rd Street compare to other multi-family homes in South Campus?

This multi-family home is listed 61% below the average price for multi-family homes in South Campus and has been on the market for 91 less 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 2,620 sqft.

467 S 3rd Street is a -bedroom multi-family home for sale in San Jose CA 95112. On Prevu for 33 days at $999,888. This residence features 2,620 square feet of living space, located in South Campus. The median listing price for multi-family homes in this area is $787,000. Additional amenities include pets allowed and parking. View other multi-family home listings in San Jose.

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 10/05/2026. 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.