2831 Martin Luther King Jr Way Oakland, CA ^$ 849,000

2831 Martin Luther King Jr Way

^$ 849,000

Back to search

Recently Listed

2831 Martin Luther King Jr Way

Oakland, CA, 94609

^$ 849,000

Studio Baths0.0

Monthly Estimate*

^$ 5,227

Listed by BHHS Drysdale Alameda

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 1

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 2

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 3

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 4

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 5

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 6

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 7

2831 Martin Luther King Jr Way, Oakland, CA 94609 - Image 8

Studio

Multi-Family Home for sale in Oakland, CA

for $849,000. This home was built in 1912 on a lot size of 0.0579.

This is a rare opportunity to acquire a fully occupied 5-unit multifamily property in one of Oakland's most established and desirable rental markets. Located in North Oakland near the Temescal District, MacArthur BART, Berkeley, and Emeryville, the property benefits from strong tenant demand, excellent commuter accessibility, and long-term appreciation potential. The property has undergone significant capital improvements, including remodeled units, a newer roof, and fresh exterior paint, creating a low-maintenance investment opportunity with stable in-place income. Tenants pay their own PG&E utilities, helping reduce ownership expenses and improve operational efficiency. Electric water heaters.

Multi-Family Active

Price

^$ 849,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.0579

Year Built

1912

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41137937

Days on Market

Features

General

Heating Electric

Cooling None

Appliances Electric Water Heater

HOA Fee 0

Construction Materials Stucco

Year Built 1912

County Alameda

Net Operating Income 70898

Property Type Residential Income

Subdivision Name PILL HILL

Status Active

Directions Cross Street: 28th st.

City Oakland

Number Of Units Total 5

Lot Size Units Square Feet

Lot Size Square Feet 2520

Standard Status Active

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Total Parking 2

Lot Size Area 2520

Lot Size Acres 0.0579

* Excluded Features

List By

Bhhs Drysdale Alameda

Broker

cparatore16@gmail.com

Affordability Calculator

$5,227

Per Month

Monthly Principal & Interest: $5,227
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Oakland, CA

Average List Price ^$1,106,787

Percent of Sale Price 30%

About Oakland, CA

423,136 Population

6% Since 2002

^$62,902 Median Income

38.73 Median Age

25% 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
6/11/2026	$849,000		Listed Price

Map

More homes like this one

homes for you

See all

2831 Martin Luther King Jr Way, Oakland, CA, 94609 is a Multi-Family Home for sale at $849,000 with a lot size of 0.0579. 2831 Martin Luther King Jr Way is a studio with 0.0 baths and was built in 1912. The property's zip code is 94609 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 6/12/2026. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2831 Martin Luther King Jr Way

Multi-Family Home for sale in Oakland, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home