Home | Santa Clara County | San Jose | 95112 | 242 S 10th St
242 S 10th St, San Jose, CA 95112
MLS: ML81994832 | Status: | Price: $2,530,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
5,892 |
2,875 |
1982 |
Compass Commercial is pleased to announce the exclusive listing of 242 S. 10th Street, a rare opportunity to own a well-maintained six-unit multifamily property in the heart of Downtown San Jose, directly across from San Jose State University. Built in 1982, this fully leased multifamily investment boasts six (6) individually parceled two-story townhome style 2-Bedroom/1.5-+Bath townhomes spanning 982 sq. ft. each. Each unit has a private 2-car or 1 car garage, in-unit washer/dryer, central forced heating system, and private upstairs deck off of the primary bedroom. This property offers strong cash flow with a current 5.82% cap rate, and tenants pay their own utilities, including water and PG&E. Recent capital improvements include exterior paint in 2021, a new asphalt driveway in 2023, termite tenting in 2018, and a complete roof replacement in 2011. Located just steps from SJSU and surrounded by downtown amenities, dining, entertainment, and major transportation corridors, this property is positioned for strong income on day one, long-term rental demand and appreciation.
| Field |
Value |
| MLS # |
ML81994832 |
| MLS Source |
MLSListings, Inc. |
Features
Interior Features
| Feature |
Details |
| Cooling |
Ceiling Fan |
| Heating |
Central Forced Air - Gas |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Shingle |
| Foundation |
Slab |
| Feature |
Details |
| Garage/Parking |
Attached Garage, Off-Street Parking, Parking Area, Garage: 10 Car(s) |
| Elementary District |
San Jose Unified |
| High School District |
San Jose Unified |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
RM |
| Listing Agent |
Co-Listing Agent |
| Nate Gustavson |
Cameron Foster |
| Compass |
|
| License #: 01898316 |
License #: 00972394 |
| Phone: (415) 786-9410 |
Phone: (415) 699-6168 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
6 |
6 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
982 |
2 |
1/1 |
$2,800 |
$2,800 |
6 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Nate Gustavson, (415) 786-9410.