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502 N 18th StreetSan Jose, CA 95112

For Sale

$1,900,000

Smart Buyer Rebate $19,000

Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose,
California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM

Listed by Michael Henshaw

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License #01134592

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Marcus & Millichap

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650-269-6453

Last updated June 11, 2026

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Source: MLSListings #ML82050750

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Northside
  • Days on Prevu6
  • Taxes$22,950/year
  • Size4,308 sqft
  • Price per sqft$441

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/11/2026
Listed by Marcus & Millichap
$1,900,000

Property Details for 502 N 18th Street

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Other
  • Stories: 2
  • Year Built: 1971
  • Year Built Details: 2

Measurements

  • Building Area Total: 4,308
  • Lot Size Acres: 0.25
  • Lot Size Area: 11,025
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11,025
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.56
  • Gross Income: $141,414.00
  • Operating Expense Includes: Insurance, Maintenance, Other, Vacancy Allowance, Water/Sewer

Taxes

  • Parcel Number: 249-26-069
  • Tax Annual Amount: $22,950.00

Interior

Measurements

  • Living Area: 4,308

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Parking Features: Off-Street Parking, On Street, Parking Area
  • Parking Total: 6

Schools

Elementary School

  • Elementary School District: San Jose Unified

High School

  • High School District: San Jose Unified

Utilities

Equipment

  • Cooling: Other
  • Heating: Wall Furnace
  • 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 502 N 18th Street.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 502 N 18th Street.

What are the annual taxes for 502 N 18th Street?

Annual taxes for this multi-family home are estimated at $22,950.

How does 502 N 18th Street compare to other multi-family homes in East Northside?

This multi-family home is listed 73% above the average price for multi-family homes in East Northside and has been on the market for 10 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 4,308 sqft.

502 N 18th Street is a -bedroom multi-family home for sale in San Jose CA 95112. Available on Prevu for 6 days at $1,900,000. This residence features 4,308 square feet of living space, located in East Northside. The median listing price for multi-family homes in this area is $1,199,000. Additional amenities include 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.