$938,000
14 Beds
6 Baths
3,981 sqft
2223 E 23rd St, Oakland, CA 94606
Est. Mortgage $5,772/mo*
Get Pre-QualifiedHome Highlights
Parking
Garage
Price/Sqft
$236
Climate Control
Wall Furnace & Air Conditioning
Listed
48 days ago
Local Information
- Map ViewExplore the area around 2223 E 23rd St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
A rare and compelling income-producing opportunity in the heart of Oakland — this well-maintained 4-unit multifamily building offers 3,981 square feet of living space on a 7,000 square foot lot, delivering strong day-one cash flow with significant long-term upside. Currently generating $7,900 in monthly gross rental income with a cap rate exceeding 8%, the numbers speak for themselves — this is one of Oakland’s most attractive investment opportunities to hit the market in recent memory. The property features a desirable mix of spacious units with coin laundry on-site, providing additional income and convenience for tenants. The generous 7,000 square foot lot also presents an exceptional ADU development opportunity — adding a unit would further increase rental income and drive long-term asset appreciation. Whether you’re a seasoned investor looking to expand your portfolio or an owner-occupant seeking to live in one unit while the others pay your mortgage, this versatile asset offers a strategy for every type of buyer. Ideally situated in the vibrant Highland Terrace neighborhood of Oakland, the property enjoys outstanding walk ability and unbeatable access to Fruitvale BART Station, Lake Merritt, Laney College, Highland Hospital, I-880 and I-580 freeways, Oakland International Airport, and the waterfront dining and entertainment of Jack London Square. With Oakland’s ongoing urban growth and strong rental demand, this is the kind of asset that builds generational wealth — don’t miss it.
Last check for updates: about 7 hours ago
Listing courtesy of Leo Zhang DRE #02024974, (510) 739-4000
Re/max Accord
Gloria Chun DRE #02084703, (510) 560-5666
Re/max Accord
Source: Bay East AOR, MLS#41141385
Also Listed on CRMLS, Bay East AOR.
Home Details for 2223 E 23rd St
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Interior Details Basement: Other |
Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 3981 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: No Air ConditioningHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Concrete, Laminate |
Levels, Entrance, & Accessibility Floors: Concrete, Laminate |
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Exterior Home Features Roof: OtherFencing: Fenced |
Parking & Garage No CarportHas a GarageNo Attached GarageParking: Detached,Parking Lot |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 48 |
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Year Built Year Built: 1898 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Quadruplex |
Building Construction Materials: Wood SidingAttached To Another Structure |
Property Information Parcel Number: 2229631 |
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Price List Price: $938,000Price Per Sqft: $236 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: OaklandCommunity: None |
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Listing Agent Listing ID: 41141385 |
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Building Area Building Area: 3981 Square Feet |
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Community Features: Other |
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No HOA |
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Lot Area: 7000 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Excl RightListing Terms: Cash, Conventional |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Other |
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BasementMls Number: 41141385Attribution Contact: Off: 510-739-4000Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square Feet |
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Other |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Highland Terrace
At least 2 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say yards are well-kept
100 % Say it's walkable to restaurants
100 % Say car is needed
100 % Say kids play outside
80 % Say neighbors are friendly
75 % Say there's holiday spirit
67 % Say they plan to stay for at least 5 years
67 % Say parking is easy
67 % Say streets are well-lit
67 % Say it's walkable to grocery stores
50 % Say people would walk alone at night
33 % Say there are sidewalks
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Oakland
Last updated July 2026
Avg. sale price
$850K
$13.33KMoM
Sale-to-List Price
108.3%
0.3%MoM
Price per sq ft
$572
$2MoM
Available listings
724
48MoM
Home Value
Trulia Estimate
$917KSince last month
Decreased$166K (-15.3%)Since last year
Decreased$119K (-11.5%)Since last sale
Increased$110K (+13.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -7% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $916K |
| June 2026 | $1.08M |
| May 2026 | $1.04M |
| April 2026 | $1.05M |
| March 2026 | $1.04M |
| February 2026 | $1.09M |
| January 2026 | $991K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $955,000 | 11/12/25 | 10 | 4 | 3,480 | |
0.19 | Multi-Family Home | $930,000 | 03/09/26 | 9 | 5 | 2,898 | |
0.19 | Multi-Family Home | $860,000 | 07/06/26 | 8 | 4 | 2,265 | |
0.43 | Multi-Family Home | $1,375,000 | 11/24/25 | 12 | 8 | 3,752 | |
0.57 | Multi-Family Home | $790,000 | 02/05/26 | 11 | 7 | 3,544 | |
0.36 | Multi-Family Home | $1,300,000 | 09/10/25 | 8 | 4 | 3,378 | |
0.27 | Multi-Family Home | $980,000 | 06/16/26 | 8 | 4 | 2,612 | |
0.25 | Multi-Family Home | $735,000 | 11/05/25 | 3 | 4 | 2,738 | |
0.25 | Multi-Family Home | $822,000 | 02/19/26 | 6 | 4 | 2,377 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $710,800 | 6 | 2 | 1,850 | Off Market | |
0.07 | - | 7 | 5 | 3,452 | Off Market | |
0.06 | $450,000 | 3 | 1 | 1,312 | Recently Sold | |
0.08 | $450,000 | 3 | 1 | 1,233 | Recently Sold | |
0.07 | $708,400 | 3 | 2 | 1,574 | Off Market | |
0.04 | - | 2 | 1 | 1,818 | Off Market | |
0.10 | $643,100 | 3 | 2 | 1,301 | Off Market | |
0.10 | $671,900 | 6 | 3 | 1,584 | Off Market | |
0.08 | $1,250,700 | Studio | - | 4,715 | Off Market | |
0.09 | $697,400 | 3 | 1 | 1,452 | Off Market | |
0.13 | $784,300 | 3 | 1.5 | 1,374 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 12, 2026 Source: Bay East AOR #41141385 | Listed For Sale | $938,000 |
Aug 6, 2019 Source: Agent Provided | ListingRemoved | $1,186,000 |
Apr 12, 2019 Source: Agent Provided | PendingToActive | $1,186,000 |
Apr 12, 2019 Source: Agent Provided | Pending | $1,186,000 |
Dec 1, 2018 Source: Agent Provided | PriceChange | $1,186,000 Price decreased by 0% |
Oct 23, 2018 Source: Agent Provided | PendingToActive | $1,188,000 |
Oct 17, 2018 Source: Agent Provided | Pending | $1,188,000 |
Aug 9, 2018 Source: Agent Provided | PriceChange | $1,188,000 Price decreased by 1% |
Jul 26, 2018 Source: Agent Provided | PriceChange | $1,199,900 Price increased by 0% |
Jun 13, 2018 Source: Agent Provided | Listed For Sale | $1,199,000 |
Dec 8, 2016 Source: Bay East AOR #40761140 | Sold | $806,000 |
Oct 29, 2016 Source: Agent Provided | Pending | $799,000 |
Oct 18, 2016 Source: Agent Provided | PriceChange | $799,000 Price decreased by 10% |
Aug 30, 2016 Source: Agent Provided | PendingToActive | $886,000 |
Aug 19, 2016 Source: Agent Provided | Pending | $886,000 |
Aug 12, 2016 Source: Agent Provided | PendingToActive | $886,000 |
Aug 12, 2016 Source: Agent Provided | Pending | $886,000 |
Jun 8, 2016 Source: Agent Provided | PendingToActive | $886,000 |
Jun 3, 2016 Source: Agent Provided | Pending | $886,000 |
Mar 17, 2016 Source: Agent Provided | PendingToActive | $886,000 |
Mar 17, 2016 Source: Agent Provided | Pending | $886,000 |
Mar 10, 2016 Source: Agent Provided | PendingToActive | $886,000 |
Mar 10, 2016 Source: Agent Provided | Pending | $886,000 |
Mar 9, 2016 Source: Agent Provided | PendingToActive | $886,000 |
Feb 23, 2016 Source: Agent Provided | Pending | $886,000 |
Sep 8, 2006 Source: N/A | Sold | $938,000 |
Jun 6, 2003 Source: N/A | Sold | $630,000 |
Jul 21, 2000 Source: N/A | Sold | $453,000 |
Oct 19, 1999 Source: N/A | Sold | $170,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $16,134 | $935,410 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Leo Zhang, Re/max Accord
Agent Phone: (510) 739-4000
Bay East© 2026, CCAR© 2026, bridgeMLS© 2026. Information Deemed Reliable but not Guaranteed. This information is
being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings
presented here may or may not be listed by the Broker/Agent operating this website.
This information is intended for the personal use of consumers and may not be used or any purpose other than to identify prospective properties consumers may be
interested in purchasing. Data last updated at 2026-08-27 23:47:21 PDT.
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Frequently asked questions about 2223 E 23rd St
- What is the estimated monthly payment for 2223 E 23rd St?Based on a $938,000 list price with 20% down at today's rates, the estimated monthly payment for 2223 E 23rd St in Oakland, CA is approximately $5,876 (about $4,847 principal & interest, $954 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 2223 E 23rd St compare to homes in Oakland?2223 E 23rd St in Oakland, CA is listed at $938,000, about 10% above the $850K median sale price in Oakland.
- What are the closest schools to 2223 E 23rd St?The closest schools to 2223 E 23rd St in Oakland, CA are Garfield Elementary School (rated 3/10), Oakland High School (rated 4/10), Roosevelt Middle School (rated 3/10).
- What is 2223 E 23rd St estimated to be worth?Trulia's estimated value for 2223 E 23rd St in Oakland, CA is $916,500.
- Does 2223 E 23rd St have air conditioning?Yes, 2223 E 23rd St in Oakland, CA has air conditioning.
2223 E 23rd St, Oakland, CA 94606 is a 14 bedroom, 6 bathroom, 3,981 sqft multi-family built in 1898. 2223 E 23rd St is located in Highland Terrace, Oakland. This property is currently available for sale and was listed by Bay East AOR on Jul 12, 2026. The MLS # for this home is MLS# 41141385.