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603 Madison StreetOakland, CA 94607

For Sale

$979,000

Smart Buyer Rebate $9,790

Welcome to this well-maintained four-unit income property located near the heart of Oaklands vibrant Chinatown and downtown amenities. Each of the four units features 2 bedrooms and 1 bathroom, all fully permitted with a practical layout that appeals to long-term tenants or investors. Three units will be delivered vacant and one unit is currently occupied, offering flexibility for owner-users, short-term rental strategy, or immediate lease-up at market rent. The building is in good, functional condition and includes a shared washer/dryer for all residents, plus one garage space per unit, providing rare convenience and added value. Centrally located near shops, dining, public transportation, major freeways, and a quick trip to BART. Buyers to do a 1031 exchange at no cost to the buyers.

Listed by Lily Chow

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License #01770521

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Infinite Realty & Investments

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408-657-6928

Listed by Robert Chow

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License #01890485

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Infinite Realty & Investments

Last updated December 03, 2025

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Source: MLSListings #ML82027940

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Oakland
  • Days on Prevu21
  • Taxes$8,933/year
  • Size2,460 sqft
  • Price per sqft$398

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

12/03/2025
Status changed to Active
$979,000
11/28/2025
Status changed to Pending
$979,000
11/19/2025
Listed by Infinite Realty & Investments
$979,000

Property Details for 603 Madison Street

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 2
  • Year Built: 1910
  • Year Built Details: 2

Measurements

  • Building Area Total: 2,460
  • Lot Size Acres: 0.05
  • Lot Size Area: 2,500
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,500
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: -1.65
  • Gross Income: $6,663.00
  • Operating Expense Includes: Water/Sewer

Taxes

  • Parcel Number: 001-0175-013
  • Tax Annual Amount: $8,933.00

Interior

Measurements

  • Living Area: 2,460

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Detached
  • Parking Total: 3

Schools

Elementary School

  • Elementary School District: Oakland Unified

High School

  • High School District: Oakland Unified

Utilities

Equipment

  • Heating: Central Forced Air
  • 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 603 Madison Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 603 Madison Street.

What are the annual taxes for 603 Madison Street?

Annual taxes for this multi-family home are estimated at $8,933.

How does 603 Madison Street compare to other multi-family homes in Downtown Oakland?

This multi-family home is listed 31% below the average price for multi-family homes in Downtown Oakland and has been on the market for 46 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 2,460 sqft.

603 Madison Street is a -bedroom multi-family home for sale in Oakland CA 94607. Available on Prevu for 21 days at $979,000. This property features 2,460 square feet of living space, located in Downtown Oakland. The median listing price for multi-family homes in this area is $475,000. Property amenities include pets allowed and parking. Browse more multi-family home listings in Oakland.

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.