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203 Bissell Avenue, Richmond, CA 94801

Richmond
Local realty services provided by:CENTURY 21 Epic
203 Bissell Avenue,Richmond, CA 94801
$989,000
  • - Beds
  • - Baths
  • 3,932 sq. ft.
  • Multi-family
  • Active
Listed by: eymon binesh
Office: marcus & millichap
MLS#:ML82045270
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$989,000
  • Price per sq. ft.:$251.53

About this home

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,...

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Home facts

  • Year built:1908
  • Listing ID #:ML82045270
  • Added:166 day(s) ago
  • Updated:October 13, 2026 at 01:41 PM

Rooms and interior

  • Living area:3,932 sq. ft.

Heating and cooling

  • Cooling:No Air Conditioning
  • Heating:Natural Gas

Structure and exterior

  • Roof:Rolled/Hot Mop
  • Year built:1908
  • Building area:3,932 sq. ft.
  • Lot area:0.08 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$989,000
  • Price per sq. ft.:$251.53

Features and amenities

  • Laundry features:Coin Operated Laundry
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at October 13, 2026 CAMAXMLS Member Broker: Mike Southwick

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