1606 MORTON ST Alameda, CA ^$ 1,995,000

1606 MORTON ST

^$ 1,995,000

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1606 MORTON ST

Alameda, CA, 94501

^$ 1,995,000

Studio Baths0.0

Monthly Estimate*

^$ 12,446

Listed by Shamrock, REALTORS?

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Studio

Multi-Family Home for sale in Alameda, CA

for $1,995,000. This home was built in 1885 on a lot size of 0.2296.

Exceptional investment opportunity in the heart of Alameda! This well-situated multi-unit property features five (5) one-bedroom, one-bath residences, each with its own one-car garage, plus two detached storage buildings, all on a generous 10,000 sq ft lot. Built circa 1885 with approximately 3,231 sq ft of building area, it offers a solid income stream with excellent future potential. Each unit enjoys private garage parking, appealing to tenants and owners alike. The large lot provides possibilities for expansion, upgrades, or redevelopment (buyer to verify with city). Located in desirable Central Alameda, near dining, shopping, and Bayfront amenities. A rare chance to own a well-maintained, income-producing property with room to grow—1606 Morton Street delivers both stability and upside in one of the Bay Area’s most sought-after markets.

Multi-Family Active

Price

^$ 1,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 12,000

Style

Lot Size

0.2296

Year Built

1885

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

41115998

Days on Market

Features

General

Heating Electric Natural Gas

Cooling None

Roof Shingle

HOA Fee 0

Construction Materials Wood Siding

Year Built 1885

Tenant Pays Gas

County Alameda

Property Type Residential Income

Subdivision Name CENTRAL

Status Active

Directions Lincoln Ave to Morton St Cross Street: Lincoln Ave.

City Alameda

Number Of Units Total 5

Lot Size Units Square Feet

Lot Size Square Feet 10000

Tax Annual Amount 12000

Standard Status Active

Cap Rate 4

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Total Baths 0

Exterior

Lot Features Corner Lot

Total Parking 10

Lot Size Area 10000

Lot Size Acres 0.2296

* Excluded Features

List By

Shamrock, Realtors?

Broker

jamesesmeyer@yahoo.com

Affordability Calculator

$13,446

Per Month

Monthly Principal & Interest: $12,446
Monthly Property Taxes: $1,000
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Alameda, CA

Average List Price ^$1,444,867

Percent of Sale Price 28%

About Alameda, CA

82,536 Population

14% Since 2002

^$88,664 Median Income

42.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,995,000		Listed Price

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1606 MORTON ST, Alameda, CA, 94501 is a Multi-Family Home for sale at $1,995,000 with a lot size of 0.2296. 1606 MORTON ST is a studio with 0.0 baths and was built in 1885. The property's zip code is 94501 which is in Alameda, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1606 MORTON ST

Multi-Family Home for sale in Alameda, CA

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