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$1,995,000
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Property Description
Exceptional investment opportunity in the heart of Alameda! This well-situated multi-unit property features five (5) one-bedroom, one-bath residences, each with its own one-car garage, plus two detached storage buildings, all on a generous 10,000 sq ft lot. Built circa 1885 with approximately 3,231 sq ft of building area, it offers a solid income stream with excellent future potential. Each unit enjoys private garage parking, appealing to tenants and owners alike. The large lot provides possibilities for expansion, upgrades, or redevelopment (buyer to verify with city). Located in desirable Central Alameda, near dining, shopping, and Bayfront amenities. A rare chance to own a well-maintained, income-producing property with room to grow-1606 Morton Street delivers both stability and upside in one of the Bay Area's most sought-after markets.
Full Property Details
Full Property Details for 1606 Morton St
General
- Price: $1,995,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41115998
- Updated: 10/28/2025
- Added to Site: 80 day(s) ago
Interior
- Interior Features: Storage
- Appliances: Free-Standing Range, Refrigerator
- Flooring: Hardwood, Linoleum, Carpet
Rooms
Other Rooms
- Laundry: Coin Operated, Laundry Room
Exterior
- Exterior Features: Garden
Parking
- Parking Features: Detached, Guest, Off Site
Location
- Area: Listing
- County: Alameda
- Subdivision: Central
- Driving Directions: Lincoln Ave to Morton St
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Utility Description: Individual Electric Meter, Individual Gas Meter
Structural Information
- Exterior Const.: Wood Siding
- Roof: Composition Shingles
- Year Built: 1885
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 10018.8
- Lot Features: Corner Lot, Premium Lot, Back Yard, Front Yard
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $617
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Property ID: 7235015
Listed by Shamrock, REALTORS®, James Esmeyer
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Schools
Schools serving 1606 Morton St
School District:Alameda City Unified School District
| Name | Grades | Distance |
|---|---|---|
Maya Lin School 825 Taylor Avenue, Alameda, CA 94501 | K-5 | 0.5 mi |
Will C. Wood Middle School, Alameda, CA 420 Grand Street, Alameda, CA 94501 | 6-8 | 1 mi |
Encinal Junior/Senior High 210 Central Avenue, Alameda, CA 94501 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1606 Morton St
Date
Details
Price
Change
Source
10/28/2025
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1606 Morton St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,723
1%
$466,155
2%
2024
$10,584
3%
$457,015
2%
2023
$10,257
2%
$448,055
2%
2022
$10,046
2%
$439,271
2%
2021
$9,831
1%
$430,658
1%
2020
$9,707
13%
$426,243
2%
2019
$8,574
2%
$417,887
2%
2018
$8,381
4%
$409,695
2%
2017
$8,078
—
$401,662
2%
2016
$8,038
1%
$393,787
2%
2015
$7,984
—
$387,875
2%
2014
$8,006
1%
$380,278
—
2013
$7,901
—
$378,562
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1606 Morton St
1606 Morton St, Alameda, CA 94501 (MLS# 41115998) is a Commercial Residential Facility property. 1606 Morton St is currently listed for $1,995,000 and was received on October 28, 2025. Want to learn more about 1606 Morton St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Alameda? You can browse all Alameda real estate or contact a Coldwell Banker agent to request more information.

