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8117 Ney Ave

Oakland CA 94605

3277 sq. ft.
9750 sq. ft.
Duplex
Currently for sale - view listing

Overview

Marcus & Millichap is pleased to present 8117 Ney Ave, a wellmaintained 4unit multifamily property located in Oaklands Eastmont Hills neighborhood. Built in 1947, the property totals approximately 3,277 SF on a 0.22acre lot and is 100% occupied. The unit mix consists of spacious 2 and 3bedroom units with individually metered gas and electric, mastermetered water, and gated driveway parking for 4 vehicles. Inplace rents are approximately below market, offering upside potential through future rent growth. Conveniently located near MacArthur Blvd, Eastmont Town Center, public transit, and with easy access to I580 and I880. A solid investment opportunity with stable income in an established East Oakland rental area.

Features

3277 sq. ft. floor area
9750 sq. ft. lot size
Duplex

Property history for 8117 Ney Ave

2018
Sold
$1,165,000
08 Aug 2018 by Yodith Debebe, of BHGRE RELIANCE PARTNERS
2013
Sold
$342,500
24 Jan 2013 by KIM CLEGHORN, of RE/MAX ACCORD

Happy sellers in Oakland

94%
94% of sellers in Oakland reported that their sale price either exceeded or met their price expectations.

Oakland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Oakland over the last 12 months.

Local market activity for duplexes in Oakland

In the last 12 months, 19 duplexes similar to 8117 Ney Ave, have been sold.

This represents a 22% increase in duplexes sales when compared to the previous 12 months.

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