203 Bissell Avenue
Richmond, CA 94801
12
Bed
0
Bath
3,932Sqft
9,800Sqft(Lot)
Marcus & Millichap is pleased to present 203 Bissell Ave, offered at $1,150,000, 203 Bissell Ave is a 4 unit multifamily property located in Richmonds Iron Triangle neighborhood. Built in 1908, the property totals approximately 3,932 SF on a 0.08acre lot and is currently 50% occupied, presenting a clear value add and leaseup opportunity. The unit mix consists of one 4BD/2BA unit, two 4BD/1BA units, and one co-living layout, with inplace rents estimated ~13% below market. Utilities are efficiently structured with separately metered gas and electric and master metered water. Street parking only. Financial highlights include an 8.90% current cap rate and a 10.64% pro forma cap rate, supported by strong rent growth potential and operational upside. The property is within close proximity to Ric
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Cooling Features
None Air ConditioningHeating Source
Has Heating
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Building Information
Year Built: 1908 Building Area Total: 3,932 -
Foundation
Concrete Perimeter -
Accessibility Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.225 -
Lot Size Source: Other Lot Size Square Feet: 9800
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Listing Price Information
Original List Price: 999,000 Listing Contract Date: 2026-04-30 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5381900215 Annual Tax: 21235
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Zoning: RM Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Quadruplex -
Building and Construction
Property Age: 118 Structure Type: Quadruplex Year Built Source: Assessor Total Square Feet Living: 3932
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2031 Chanslor Avenue, Richmond, CA, 94801 | $479,000 | 4 | 2 | -- | |
| 1401 Bissell Ave, Richmond, CA, 94801 | $995,000 | 10 | 4 | -- | |
| 1225 Fred Jackson Way, Richmond, CA, 94801 | $798,000 | 8 | -- | 3,462 | 3,462 SqFt |
| 619 2nd St, Richmond, CA, 94801 | $665,000 | 4 | 2 | -- | |
| 219 Barrett Avenue, Richmond, CA, 94801 | $879,900 | 8 | -- | 3,288 | 3,288 SqFt |
| Barrett Avenue, Richmond, CA, 94801 | $1,350,000 | -- | -- | -- |
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ByOwner last updated this listing 06/10/2026 @ 00:14
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