Marcus & Millichap is pleased to present 128 E. Reed Street, a well-maintained six-unit multifamily investment located near San Jose State University in the SUN neighborhood. Construction was completed in 1980, and as such, the property is not subject to the City of San Joses rent control ordinance, providing an owner with greater flexibility in rent growth. The property has been thoughtfully updated and showcases a clean, modern aesthetic, with fresh exterior paint, pitched rooflines, and double-pane windows throughout. The property offers a secured, gated entry and a finished parking courtyard with interlocking pavers. The parking configuration includes ten on-site spaces, with seven open stalls and three covered spaces. All units have been fully renovated with modern finishes, and three of the six units feature in-unit laundry, further enhancing tenant appeal.
For sale
Price cut: $100K (3/13)
$2,475,000
E Reed St, San Jose, CA 95112
4beds
4baths
4,386sqft
Est.:
Five Or More Units, Residential Income
Built in 1980
-- sqft lot
$2,391,600 Zestimate®
$564/sqft
$-- HOA
What's special
Pitched rooflinesSecured gated entryFresh exterior paintDouble-pane windows throughout
- 47 days |
- 327 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 03:28am
Listed by:
Jimmy Castellanos 02024152 408-483-5040,
Marcus & Millichap 650-391-1700
Source: MLSListings Inc,MLS#: ML82034411
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Kitchen
- Features: Countertop_Marble
Heating
- Central Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Washer/Dryer Some Units
- Laundry: Coin Operated
Features
- Flooring: Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 4,386
- Total interior livable area: 4,386 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 47227055
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Condition
- Year built: 1980
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & HOA
HOA
- Amenities included: Additional Storage, Community Security Gate
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $564/sqft
- Date on market: 2/10/2026
- Listing agreement: ExclusiveRightToSell
- Lease term: Month To Month
Estimated market value
$2,391,600
$2.27M - $2.51M
$2,916/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Price change | $2,475,000-3.9%$564/sqft |
Source:  MLSListings Inc #ML82034411 Report a problem | ||
| 2/10/2026 | Listed for sale | $2,575,000$587/sqft |
Source: MLSListings Inc #ML82034411 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$15,077/mo
Principal & interest
$12623
Property taxes
$2454
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 1/10Gardner Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Herbert Hoover Middle SchoolGrades: 6-8Distance: 2.2 mi
- 7/10Abraham Lincoln High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: GardnerElementary
- Middle: HerbertHooverMiddle_1
- High: AbrahamLincolnHigh_1
- District: SanJoseUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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