Welcome to 301 N 5th St, San Jose, CAa rare multifamily investment in the Hensley neighborhood! This corner lot two-story building offers tenants immediate access to Downtown San Jose, with San Jose State University, transportation, entertainment, and dining.
This property features a versatile unit mix, including (1) spacious seven-bedroom, two-bath unit that is currently rented by the room, this unit offers a communal dining area, kitchen, two shared bathrooms, and a convenient coin-operated laundry. Additionally, there are (2) one-bedroom, one-bath and (1) studio units, providing stable rental income. Spanning ~4,224 square feet on a 0.19-acre lot, this property offers both tenant comfort and strong income. The garage in the back, currently leased as storage, presents an exciting opportunity for potential ADU conversion (Buyer to conduct their own due diligence).
The location couldnt be better. Just four blocks from SJSU and minutes from Downtown San Jose, this property offers easy access to Highway 280, 87, and 101, putting all of Silicon Valley within reach. Major employers like Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple are all within close proximity, making this an ideal location for tenants and a lucrative opportunity for investors.
Under contract
$1,595,000
301 N 5th St, San Jose, CA 95112
--beds
--baths
4,224sqft
Est.:
Quadruplex
Built in 1902
-- sqft lot
$1,486,100 Zestimate®
$378/sqft
$-- HOA
What's special
Studio unitsTwo-story buildingCorner lotGarage in the backCommunal dining areaSpacious seven-bedroom two-bath unitCoin-operated laundry
- 173 days
- on Zillow |
- 218 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 09:01am
Listed by:
Tony Zizzo 01962093 650-770-8356,
Compass,
Ray Rodriguez 01999734 650-405-0743,
Compass
Source: MLSListings Inc,MLS#: ML81996901

Travel times
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Other
Features
- Doors: Other
Interior area
- Total structure area: 4,224
- Total interior livable area: 4,224 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, On Street
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 2
Lot
- Size: 8,280 Square Feet
Details
- Parcel number: 24946058
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Brick/Mortar, Crawl Space
- Roof: Flat
Condition
- Year built: 1902
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Private Sewer
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $378/sqft
- Tax assessed value: $614,769
- Annual tax amount: $18,236
- Date on market: 3/6/2025
- Listing agreement: ExclusiveAgency
- Inclusions: Building, Land
- Lease term: Month To Month
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