For Sale
No HOANo HOA
Multi family home for sale at 2831 Martin Luther King Jr Way, Oakland, CA 94609 | MLS# 41137937 | Listing updated on 2026-07-17
Photo 1 of Multi family home for sale at 2831 Martin Luther King Jr Way, Oakland, CA 94609 | MLS# 41137937 | Listing updated on 2026-07-17
Photo 2 of Multi family home for sale at 2831 Martin Luther King Jr Way, Oakland, CA 94609 | MLS# 41137937 | Listing updated on 2026-07-17
Photo 3 of Multi family home for sale at 2831 Martin Luther King Jr Way, Oakland, CA 94609 | MLS# 41137937 | Listing updated on 2026-07-17
Photo 4 of Multi family home for sale at 2831 Martin Luther King Jr Way, Oakland, CA 94609 | MLS# 41137937 | Listing updated on 2026-07-17
4+
Beds Icon

Street View

Listed by: Christopher Paratore (650) 302-0992 DRE #01955016 | BHHS Drysdale Alameda (510) 523-1144

$799,000

Monthly Est:$3,977

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

2831 Martin Luther King Jr Way, Oakland, CA 94609

$3,977/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1912

  • $-- HOA

  • 2,520 sqft lot

  • --/sqft

Description

Exceptional opportunity to acquire a fully occupied 5-unit apartment building in one of North Oakland's most sought-after rental markets, offered at $799,000. The property features an excellent unit mix of four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, providing stable in-place income and broad tenant appeal. This well-maintained asset has benefited from significant recent capital improvements, including remodeled units, a newer roof, and fresh exterior paint, allowing investors to acquire a turnkey property with reduced near-term capital expenditures. Separately metered PG&E service allows tenants to pay their own gas and electricity, helping improve operati...

Continue Reading
  • Houzeo last checked: 8 minutes ago
  • Listing updated: July 17, 2026 at 5:00 pm
  • Source: California Regional MLS-CA | MLS#: 41137937 California Regional MLS-CA

Part of

Building
2831 Martin Luther King Jr Wy
No reviews yet

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Alameda County

  • City

    Oakland

  • Neighborhood

    Hoover (foster)

  • Year Built

    1912

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    2,520 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    41137937

  • MLS Status

    Active

  • Days on Market

    100

  • Cumulative Days on Market

    36

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Appliances

    Electric Water Heater

  • Cooling

    None

  • Heating

    Electric

Construction

  • Year Built

    Year Built: 1912

  • Home type

    Multi Family

  • Construction Materials

    Stucco

Other Features

  • Subdivision Name

    Pill Hill

Price History

DateEventPrice

07/09/2026

Source: mls_logoCalifornia Regional MLS-CA #41137937

Price Decreased

$799,000 -5.89%

$0/sqft

06/10/2026

Source: mls_logoCalifornia Regional MLS-CA #41137937

Listed for Sale

$849,000

$0/sqft

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 08:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

Click to see all homes
static map image
Satellite
Close IconHouzeo

Do Real Estate on the Go!

For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share