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Berkeley, CA, 94703 • Central Berkeley • Alameda County
$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
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
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.
Based on current rates
Est. 6.35% rate · 30yr fixed · $4,160,000 loan
Full calculator →Key facts and listing details
7 categories of property features
Market data and value estimates
3 schools rated nearby
Berkeley, CA, 94703
2 events
Local context around this listing
Berkeley, CA • Alameda County
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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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