For Sale60d on market
Grant St
Berkeley, CA, 94703 • Central Berkeley • Alameda County
$5,200,000
$311/sqft
-$128,000 since Mar 5, 2026
5Beds
5Baths
16,733Sqft
0.3 acLot
1967Built
This home is getting attention
Listed 60 days ago · 447 views · 11 saves
Market activity
Demand and pricing signals for this listing
447 views
People checking out this listing
11 saves
Buyers have saved this home
60 days on market
Established listing
$311/sqft
Price per square foot
About this home
Multi Family · Built 1967
Marcus & Millichap is pleased to present 2231 Grant Street, a well-located 22-unit apartment community in Berkeley featuring a strong mix of spacious two-bedroom, one-bedroom, and studio floor plans. Situated in a highly desirable rental market with consistent demand, the property benefits from strong fundamentals, proximity to major employers and transit, and easy access to downtown Berkeley, UC Berkeley, and neighborhood retail. The property offers a 5.7% in-place cap-rate with upside to an estimated 9% return, combined with an exceptionally low price per unit, presenting a rare value-add opportunity in one of the Bay Area's most supply-constrained rental markets.
Estimated monthly payment
Based on current rates
$32,829/month
Principal & Interest$25,896
Property Tax$5,200
Insurance$1,733
Down payment20% ($1,040,000)
3%50%
Est. 6.35% rate · 30yr fixed · $4,160,000 loan
Full calculator →At a glance
Key facts and listing details
TypeFive Or More Units, Residential Income
Year Built1967
HeatingElectric
CoolingNone
Parking4 Carport spaces
Days on Zillow60 Days
Price/sqft$311
Property
Home typeMulti Family
Sub-typeFive Or More Units, Residential Income
Year built1967
Systems
HeatingElectric
CoolingNone
RoofRolledHotMop
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAssigned, Off Street
Lot0.30 Acres
Location & Tax
NeighborhoodCentral Berkeley
ZoningRM
Parcel057201401901
Features & details
7 categories of property features
Interior Features
Heating
Electric
Cooling
None
Laundry
Coin Operated
Accessibility
Elevator/Lift
Parking
Exterior Features
Parking
Assigned
Off Street
Utilities
Water Public
Gas
IndividualGasMeters
Listing insights
Market data and value estimates
StatusFor Sale
Days on market60
Est. value$4,904,300
Est. rent$3,824/mo
Tax rate1.22%
Price/sqft$311
On marketFeb 5, 2026
PostedFeb 5, 2026
MLS updatedMar 20, 2026
Tour days9
Views447
Favorites11
How are the schools in Berkeley?
3 schools rated nearby
Location
Berkeley, CA, 94703
Price history
2 events
DateEventPrice$/sqftSource
Mar 5, 2026Price Change$5,200,000$311MLSListings Inc
Feb 5, 2026Listed For Sale$5,328,000$318MLSListings Inc
Price Change$5,200,000
Mar 5, 2026•$311/sqft•MLSListings Inc
Listed For Sale$5,328,000
Feb 5, 2026•$318/sqft•MLSListings Inc
Nearby homes
Neighborhood details
Local context around this listing
Berkeley, CA • Alameda County
Nearby neighborhoods
AshbyBerkeley HillsCentral BerkeleyDowntown BerkeleyElmwoodGourmet GhettoNorth BerkeleyPoet's CornerSouthwest BerkeleyTelegraph
Nearby cities
AlamedaBerkeleyDublinFremontHaywardLivermoreOaklandPleasanton
Nearby zip codes
94701947029470394704947059470794708947099471094720
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Based on information from the MLSListings MLS as of 2026-04-07 10:14:20 PDT. 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.
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