203 Bissell Avenue
Richmond, CA 94801
12
Bed
0
Bath
3,932Sqft
3,484Sqft(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
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Map
What's Nearby
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Features
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Heating & Cooling
Has Heating: Yes Has Cooling: Yes Cooling: None
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Building Information
Year Built: 1908Building Area Total: 3932Private Pool: No
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Lot Information
Main Square Feet: 3484 Lot Size Acres: 0.08 Lot Size Source: Other Lot Size Square Feet: 3,484
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Listing Price Information
Listing Price: $989000Original Price: $1150000
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Tax Information
Parcel Number: 5381900215 Annual Tax: $21235
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1317 Garvin Ave, Richmond, CA, 94801 | $1,100,000 | 8 | 6 | -- | 5,000 Sqft |
| 100 12th St, Richmond, CA, 94801 | $599,000 | 2 | 2 | -- | 2,800 Sqft |
| 219 Barrett Avenue, Richmond, CA, 94801 | $879,900 | 8 | -- | 3,288 | 5,400 Sqft |
| 400 Bissell Ave, Richmond, CA, 94801 | $1,300,000 | 12 | 7 | -- | 5,600 Sqft |
| Barrett Avenue, Richmond, CA, 94801 | $1,350,000 | -- | -- | -- | -- |
| 213 Nicholl Ave, Richmond, CA, 94801 | $799,000 | -- | -- | -- | 2,400 Sqft |
| 141145 Eddy Street, Richmond, CA, 94801 | $745,000 | -- | -- | 2,238 | 3,720 Sqft |
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ByOwner last updated this listing 09/11/2026 @ 05:50
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