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Request Info$999,000
Active
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
Details
General
School Information
- School District: West Contra Costa (510) -231-1100
Building Information
- Year Built: 1908
Location/Region
- Country: US
- County Or Parish: Contra Costa
General Information
- Parcel Number: 5381900215
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Zoning: RM
Interior
Beds/Baths
- Bedrooms Total: 12
Building Interior
- Building Area Total: 3932
- Building Area Units: Square Feet
General Information
- Laundry Features: Coin Operated
- Living Area: 3932
- Living Area Units: Square Feet
Exterior
Lot Information
- Lot Size Square Feet: 9800
- Lot Size Units: Acres
- Water Source: Public
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
9
Properties Sold
104
Average Days on Market
94
Properties for Sale
203 Bissell Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/15/2026Source: bridgeMLS | Active |
|
| 6/8/2026Source: CRMLS | $2,800 -8.2% |
|
| 6/8/2026Source: bridgeMLS | $2,800 -8.2% |
|
| 6/8/2026Source: bridgeMLS | Price Change |
|
| 6/4/2026Source: bridgeMLS | Active |
|
| 5/28/2026Source: CRMLS | $3,050 -6.2% |
|
| 5/28/2026Source: bridgeMLS | $3,050 -6.2% |
|
| 5/28/2026Source: bridgeMLS | Price Change |
|
| 5/20/2026Source: bridgeMLS | $999,000 -13.1% |
|
| 5/20/2026Source: CRMLS | $999,000 -13.1% |
|
| 5/20/2026Source: MLSListings | $999,000 -13.1% |
|
| 4/30/2026Source: CRMLS | April 30, 2026 |
|
| 4/30/2026Source: bridgeMLS | April 30, 2026 |
|
| 4/30/2026Source: MLSListings | April 30, 2026 |
|
| 4/29/2026Source: bridgeMLS | Active |
|
| 4/22/2026Source: CRMLS | $3,250 -3.0% |
|
| 4/22/2026Source: bridgeMLS | $3,250 -3.0% |
|
| 4/22/2026Source: bridgeMLS | Price Change |
|
| 4/8/2026Source: bridgeMLS | Active |
|
| 4/1/2026Source: CRMLS | April 01, 2026 |
|
| 4/1/2026Source: bridgeMLS | April 01, 2026 |
Listing provided courtesy of Marcus & Millichap- MLS# ML82045270