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$1,045,000
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Property Description
Welcome to 309 N 5th St in Downtown San Jose, a fourplex offering 2,532 sq ft of living space on a 6,900 sq ft lot and positioned perfectly for your next investment opportunity. The building includes two well-sized one-bedroom, one-bath units and two efficient studio units, all occupied by consistent, reliable tenantsideal for a first-time investor, seasoned owner, or 1031 exchange buyer seeking stability with upside potential. Situated in the heart of the Hensley neighborhood, the property provides easy access to restaurants, Japantown, San Jose State University, parks, and major transit. Nearby schools include Grant Elementary, Muwekma Ohlone Middle, and San Jose High, and the location remains a strong rental draw with major employers and the surrounding downtown just minutes away. With steady cash flow and the continued redevelopment of San Joses urban core, 309 N 5th St presents a compelling opportunity for long-term growth and income.
Full Property Details
Full Property Details for 309 N 5th St
General
- Sold For: $1,045,000
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82028187
- Added to Site: 177 day(s) ago
Rooms
Other Rooms
- Kitchen: Electric Oven/Range, Gas Oven/Range
- Laundry: None
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Off-Street Parking
Location
- Area: Central San Jose
- County: Santa Clara
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
- Disability Access: None
- Square Feet: 2,532
- Year Built: 1902
Unit Information
Unit 1
- Square Feet: 750
- Bedrooms: 1
Unit 2
- Square Feet: 450
Unit 3
- Square Feet: 600
- Bedrooms: 1
Unit 4
- Square Feet: 732
- Bedrooms: 1
Lot Features
- Minimum Lot Size: 6900
- Lot Size (Sq. Ft.): 6,900
- Building Sites: 1
- Zoning: R4
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Schools
Schools serving 309 N 5th St
School District:San Jose Unified School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, San Jose, CA 470 Jackson Street, San Jose, CA 95112 | K-5 | 0.6 mi |
Muwekma Ohlone Middle 850 North 2nd Street, San Jose, CA 95112 | 6-8 | 0.9 mi |
San Jose High School 275 North 24th Street, San Jose, CA 95116 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 309 N 5th St
Date
Details
Price
Change
Source
4/29/2026
Sold
$1,045,000
-12.92%
MLS
11/23/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
309 N 5th St, San Jose, CA 95112 (MLS# ML82028187) is a Multi-Family property that was sold at $1,045,000 on April 29, 2026. This property was listed by Andy Meunier from our Cupertino Office.Want to learn more about 309 N 5th St? Do you have questions about finding other Multi-Family real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.




