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$2,500,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
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13-unit multifamily in downtown San Jose. Features 12 one-bedroom/one-bath units and 1 studio, with on-site laundry, 12 parking spaces (9 covered), and attractive curb appeal with mature landscaping. Current average rent is $1,339/month vs. ~$2,000 market, creating strong value-add potential. Priced below area averages. Built in 1961 on a 12,420 SF lot, the 6,536 SF structure offers stable cash flow with upside through renovations, rent increases, and compliance upgrades. Ideal for investors seeking repositioning opportunities, 1031 exchange buyers, or those comfortable with renovation-driven appreciation. Marketing package and disclosures available.

Full Property Details for 358 N 7th St

General

  • Price: $2,500,000
  • Status: Contingent
  • Type: Multi-Family
  • Source: RE_Infolink
  • MLS ID: ML82023937
  • Updated: 12/10/2025
  • Added to Site: 102 day(s) ago

Interior

  • Flooring: Carpet, Hardwood

Rooms

Other Rooms

  • Kitchen: 220 Volt Outlet, Appliances (Varies by Unit), Dishwasher, Microwave
  • Laundry: Coin-Operated

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Parking Features: Carport , Parking Area

Location

  • Area: Central San Jose
  • County: Santa Clara
  • Cross Streets: E Empire St.

Heating & Cooling

  • Cooling Type: Ceiling Fan, Central AC, Window / Wall Unit
  • Heating Type: Radiant

Utilities

  • Sewer: Sewer Connected, Sewer in Street
  • Water: Public
  • Telecomm.: Cable TV, Satellite Dish
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Construction: Wood
  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch, Tar and Gravel
  • Disability Access: Parking
  • Square Feet: 6,536
  • Year Built: 1961

Lot Features

  • Property View: Downtown
  • Lot Size (Acres): 0.2851
  • Minimum Lot Size: 12420
  • Lot Size (Sq. Ft.): 12,420
  • Building Sites: 1
  • Zoning: RM
  • Lot Description: Level

Listed by SiliconValley MultiFamilyGroup, Michael Shields

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Listing agent

— 358 N 7th St —

  • Michael Shields

    SiliconValley MultiFamilyGroup

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 358 N 7th St

School District:San Jose Unified School District
NameGradesDistance
Grant Elementary School, San Jose, CA
470 Jackson Street, San Jose, CA 95112
K-50.4 mi
Muwekma Ohlone Middle
850 North 2nd Street, San Jose, CA 95112
6-80.9 mi
San Jose High School
275 North 24th Street, San Jose, CA 95116
9-121 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 358 N 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$2,500,000
-14.53%
MLS
10/06/2025
Listed
$2,925,000
77.27%
MLS
9/02/2010
Sold
$1,650,000
—
Public Record
Get Price Alerts and Save Property
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 for 358 N 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$32,046
6%
$2,113,931
2%
2024
$30,260
3%
$2,072,483
2%
2023
$29,477
1%
$2,031,847
2%
2022
$29,289
3%
$1,992,008
2%
2021
$28,538
1%
$1,952,950
1%
2020
$28,127
2%
$1,932,926
2%
2019
$27,545
1%
$1,895,026
2%
2018
$27,254
1%
$1,857,870
2%
2017
$26,998
2%
$1,821,442
2%
2016
$26,529
1%
$1,785,729
2%
2015
$26,228
3%
$1,758,907
2%
2014
$25,574
1%
$1,724,453
—
2013
$25,348
—
$1,716,660
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by SiliconValley MultiFamilyGroup, Michael Shields

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358 N 7th St, San Jose, CA 95112 (MLS# ML82023937) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 358 N 7th St is currently listed for $2,500,000 and was received on October 06, 2025. Want to learn more about 358 N 7th 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.

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