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$1,900,000
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Property Description
OPEN HOUSE 6/19/26 FROM 11AM TO 12pm Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM
Full Property Details
Full Property Details for 502 N 18th St
General
- Price: $1,900,000
- Status: Active
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82050750
- Updated: 6/17/2026
- Added to Site: 32 day(s) ago
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Off-Street Parking, On Street, Parking Area
Location
- Area: Central San Jose
- County: Santa Clara
Heating & Cooling
- Cooling Type: Other
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Other
- Roof: Other
- Disability Access: Other
- Square Feet: 4,308
- Year Built: 1971
Unit Information
Unit 1
- Square Feet: 1077
- Bedrooms: 3
Unit 2
- Square Feet: 1077
- Bedrooms: 3
Unit 3
- Square Feet: 1077
- Bedrooms: 3
Unit 4
- Square Feet: 1077
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.2543
- Minimum Lot Size: 11025
- Lot Size (Sq. Ft.): 11,025
- Building Sites: 2
- Zoning: R3B
Listed by Marcus & Millichap, Michael Henshaw
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Schools
Schools serving 502 N 18th St
School District:San Jose Unified School District
| Name | Grades | Distance |
|---|---|---|
Empire Gardens Elementary School 1060 East Empire Street, San Jose, CA 95112 | K-5 | 0.2 mi |
Muwekma Ohlone Middle 850 North 2nd Street, San Jose, CA 95112 | 6-8 | 1.2 mi |
San Jose High School 275 North 24th Street, San Jose, CA 95116 | 9-12 | 0.5 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 502 N 18th St
Date
Details
Price
Change
Source
6/11/2026
Listed
$1,900,000
458.82%
MLS
4/21/1997
Sold
$340,000
—
Public Record
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 502 N 18th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,980
100%
$553,732
2%
2023
100%
$542,876
2%
2022
100%
$532,232
2%
2022
-100%
$521,797
2%
2021
$12,220
7%
$511,567
1%
2020
$11,472
4%
$506,322
2%
2019
$11,003
2%
$496,396
2%
2018
$10,756
2%
$486,664
2%
2017
$10,587
3%
$477,122
2%
2016
$10,282
1%
$467,768
2%
2015
$10,193
48%
$460,742
2%
2014
$6,902
1%
$451,717
—
2013
$6,856
—
$449,677
—
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 502 N 18th St
502 N 18th St, San Jose, CA 95112 (MLS# ML82050750) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 502 N 18th St is currently listed for $1,900,000 and was received on June 11, 2026. Want to learn more about 502 N 18th 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.

