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Request Info$999,000
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203 Bissell Avenue Overview
- Time on Site:
- 61 days
- Visits:
- 0
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 Richmond BART & Amtrak (±1.3 miles), major freeways (I80, I580, SR4), Kaiser Permanente Richmond Medical Center, and regional employment hubs. An ideal opportunity for investors seeking high yield, upside through rent increases, and a well-located small multifamily asset in the East Bay.
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203 Bissell Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 3,932
- Price/Sq.ft. $254
- Lot 0.22 Acres
Details
General
Association/HOA
- Association: No
School Information
- School District: Other
Income/Expenses
- Other Expense: 3228.0
- Gross Scheduled Income: 145837.0
- Insurance Expense: 4000.0
- Maintenance Expense: 3000.0
- Trash Expense: 2700.0
Building Information
- Year Built: 1908
Location/Region
- County Or Parish: Contra Costa
- MLS Area Major: 699 - Not Defined
- Postal City: RICHMOND
Tax Information
- Tax Annual Amount: 21235.0
General Information
- Parcel Number: 5381900215
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Special Listing Conditions: Standard
- Zoning: RM
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Total: 3932.0
General Information
- Accessibility Features: None
- Foundation Details: Concrete Perimeter
- Heating: Yes
- Living Area: 3932.0
- Living Area Source: Assessor
- Stories Total: 1
Exterior
Lot Information
- Lot Size Acres: 0.225
- Lot Size Area: 9800.0
- Lot Size Source: Other
- Lot Size Square Feet: 9800.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Water Source: Public
Waterfront/View
- View: No
General Information
- Sewer: Public Sewer
203 Bissell Avenue Neighborhood
Community
94801 (RICHMOND) Demographics
34
Median Age
1,783
Population Density (per sq. mile)
23%
College Educated
$66,476
Estimated Median Income
4,558
Estimated Total Home Owners
4,849
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.203 Bissell Avenue Monthly Cost
203 Bissell Avenue Market Data
Based on the last 30 days in this zip code
$575,564
Average List Price
$420
Average Price per Square Foot
5
Properties Sold
104
Average Days on Market
94
Properties for Sale
203 Bissell Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/8/2026Source: CRMLS | $2,800 -8.2% |
|
| 5/28/2026Source: CRMLS | $3,050 -6.2% |
|
| 5/20/2026Source: CRMLS | $999,000 -13.1% |
|
| 4/30/2026Source: CRMLS | April 30, 2026 |
|
| 4/22/2026Source: CRMLS | $3,250 -3.0% |
|
| 4/1/2026Source: CRMLS | April 01, 2026 |
Listing provided courtesy of Marcus & MillichapEymon Binesh- MLS# ML82045270
Contact Information: (650) 391-1700
Contact Information: (650) 391-1700