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Multifamily

655 Nordale Ave

655 Nordale Ave, San Jose, CA 95112

Listing Price: $1,525,000

Cap Rate
5.01%
Number of Units
5
GRM
11.05
Occupancy
97.0%
Price/Unit
$305,000
Price/Gross SF
$464.94
Gross SF
3,280

Investment Overview

Marcus & Millichap is pleased to present 655 Nordale Avenue in San Jose, California. 655 Nordale Avenue is a five-unit apartment that was built in 1962 and sits on a 7,500 SF / 0.17 Acres lot. The property has one (1) Studio unit, three (3) 1 Bedroom x 1 Bathroom units, and one (1) 2 Bedroom x 1 Bathroom unit. The property offers on-site parking and a new roof that was installed in May 2025!

655 Nordale Avenue's prime location makes this an exceptional opportunity for investors. Downtown San Jose & San Jose State University is less than four miles from the property. Tenants have easy access to the many shops, restaurants, cafes, and entertainment that Downtown San Jose provides. Huge employers are located nearby, such as: PayPal, Adobe, Cisco Systems, Google, Facebook/Meta, and Apple are all less than 45 minutes away.

Investment Highlights

  • Fully Occupied 5-Unit Apartment in San Jose
  • Brand New Roof Installed in May 2025
  • Two Miles From San Jose State University

Exclusively Listed By

Multifamily

655 Nordale Ave

Listing Price: $1,525,000

Cap Rate
5.01%
Number of Units
5
GRM
11.05
Occupancy
97.0%
Price/Unit
$305,000
Price/Gross SF
$464.94
Gross SF
3,280

Investment Highlights

  • Fully Occupied 5-Unit Apartment in San Jose
  • Brand New Roof Installed in May 2025
  • Two Miles From San Jose State University

Investment Overview

Marcus & Millichap is pleased to present 655 Nordale Avenue in San Jose, California. 655 Nordale Avenue is a five-unit apartment that was built in 1962 and sits on a 7,500 SF / 0.17 Acres lot. The property has one (1) Studio unit, three (3) 1 Bedroom x 1 Bathroom units, and one (1) 2 Bedroom x 1 Bathroom unit. The property offers on-site parking and a new roof that was installed in May 2025! 655 Nordale Avenue's prime location makes this an exceptional opportunity for investors. Downtown San Jose & San Jose State University is less than four miles from the property. Tenants have easy access to the many shops, restaurants, cafes, and entertainment that Downtown San Jose provides. Huge employers are located nearby, such as: PayPal, Adobe, Cisco Systems, Google, Facebook/Meta, and Apple are all less than 45 minutes away.

Exclusively Listed By

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