This well-maintained fourplex represents a compelling entry point for first-time multifamily investors seeking stable cash flow in a proven rental market. Located in West San Jose’s desirable rental corridor, the property offers four spacious units totaling 3,584 square feet on a 7,260 SF lot. Total monthly rental income of $10,828 provides immediate cash flow while rents remain positioned near current market rates, offering potential upside as leases turn. Exceptional capital investment totaling over $275,000 since 2013. The owner has methodically upgraded every major building system and unit interior. Most significantly, 2024 saw complete replacement of all plumbing infrastructure including drains, supply lines, and sewer systems. New roof in 2022. Most units have been renovated: Unit 2 received extensive remodeling in 2024 ($58,634), Unit 4 was updated in 2021 ($28,147), Unit 3 in 2017 ($16,580), and Unit 1’s townhouse configuration saw kitchen/bath upgrades in 2013 plus recent downstairs bathroom remodel in 2025 ($8,810). Additional improvements include new water heaters, exterior painting, comprehensive termite treatment with tree removal, front post replacement, and new heating systems. Close to downtown Campbell and under three miles from Santana Row and Valley Fair.
Property Details
Price:
$2,098,000
MLS #:
ML82029860
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
Listed Date:
Jan 7, 2026
Finished Sq Ft:
3,584
Total Sq Ft:
3,584
Lot Size:
7,260 sqft / 0.17 acres (approx)
Year Built:
1964
See this Listing
Schools
School District:
Other
Elementary School:
Other
Middle School:
Moreland
High School:
Prospect
Interior
Appliances
DW, GD, MW, RF, HOD, VEF
Cooling
NO
Flooring
TILE, CARP
Heating
WL
Exterior
Roof
FLTR
Financial
Maintenance Fee
$3,200
Taxes
$28,651
Map
Community
- Address3691 Cape Cod CT San Jose CA
- CitySan Jose
- CountySanta Clara
- Zip Code95117
Subdivisions in San Jose
Market Summary
Current real estate data for Single Family in San Jose as of Feb 12, 2026
649
Single Family Listed
53
Avg DOM
880
Avg $ / SqFt
$1,447,436
Avg List Price
Property Summary
- 3691 Cape Cod CT San Jose CA is a Single Family for sale in San Jose, CA, 95117. It is listed for $2,098,000 and features 0 beds, 0 baths, and has approximately 3,584 square feet of living space, and was originally constructed in 1964. The current price per square foot is $585. The average price per square foot for Single Family listings in San Jose is $880. The average listing price for Single Family in San Jose is $1,447,436.
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