This is a rare opportunity to acquire a fully occupied 5-unit multifamily property in one of Oakland’s most established and desirable rental markets. Located in North Oakland near the Temescal District, MacArthur BART, Berkeley, and Emeryville, the property benefits from strong tenant demand, excellent commuter accessibility, and long-term appreciation potential. The property has undergone significant capital improvements, including remodeled units, a newer roof, and fresh exterior paint, creating a low-maintenance investment opportunity with stable in-place income. Tenants pay their own PG&E utilities, helping reduce ownership expenses and improve operational efficiency. Electric water heaters.
Property Details
Price:
$849,000
MLS #:
41137937
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
PILL HILL
Listed Date:
Jun 11, 2026
Lot Size:
2,520 sqft / 0.06 acres (approx)
Year Built:
1912
See this Listing
Schools
Interior
Appliances
EWH
Cooling
NO
Heating
ELC
Exterior
Construction Materials
STC
Parking Spots
2
Parking Total
2
Financial
Map
Community
- Address2831 Martin Luther King Jr Way Oakland CA
- SubdivisionPILL HILL
- CityOakland
- CountyAlameda
- Zip Code94609
Subdivisions in Oakland
- ALAMEDA
- ALLENDALE
- ARROYO PARK
- CENTRAL STATION-PACIFIC CANNERY LOFTS
- CLEVELAND HEIGHTS
- CLINTON
- CRESTMONT
- CROCKER HGHLANDS
- CROCKER/GLENVIEW
- DIMOND
- E OAKLAND
- EAST OAKLAND
- ELMHURST
- GLENVIEW
- HARRINGTON
- HIGHLAND PARK
- HILLER HIGHLANDS
- Hoover-Foster
- JACK LONDON
- KING ESTATES
- LAKESIDE
- LAS PALMAS
- LINCOLN HIGHLAND
- LOCKWOOD
- Longefellow
- LOWER ROCKRIDGE
- MACARTHUR
- MERRIEWOOD
- MILLMONT
- MONTCLAIR
- MOSSWOOD
- NOBE
- OAK CENTER
- OAK KNOLL
- OAKLAND
- OAKLAND HILLS
- OAKLAND ZOO
- PIEDMONT BORDER
- PRESCOTT
- Prescott South
- REDWOOD HEIGHTS
- RIDGEMONT
- ROCKRIDGE
- SAN ANTONIO
- SANTA FE
- SEQUOYAH HILLS
- TEMESCAL
- UPPER DIMOND
- UPPER LAUREL
- UPPER MILLSMONT
- UPPER ROCKRIDGE
- Uptown
- WEST OAK
- WEST OAKLAND
Market Summary
Current real estate data for Single Family in Oakland as of Jun 15, 2026
469
Single Family Listed
90
Avg DOM
532
Avg $ / SqFt
$1,025,256
Avg List Price
Property Summary
- Located in the PILL HILL subdivision, 2831 Martin Luther King Jr Way Oakland CA is a Single Family for sale in Oakland, CA, 94609. It is listed for $849,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1912. The average price per square foot for Single Family listings in Oakland is $532. The average listing price for Single Family in Oakland is $1,025,256.
Similar Listings Nearby
Courtesy of BHHS Drysdale Alameda. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.2831 Martin Luther King Jr Way
Oakland, CA