1606 Morton St

Alameda, CA 94501

$1,995,000
Price
—
Beds
—
Baths
3,231 Sq. Ft.
$617 / Sq. Ft.
3,231
Sq. Ft.
$617
per Sq. Ft.

Description

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...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.
  1. Listed by James Esmeyer • DRE #01363681 • Shamrock, REALTORS®

Property Details for 1606 Morton Street

City
ALAMEDA
Dist Neighborhood Subdiv
CENTRAL
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Detached Garage, Guest / Visitor Parking, Off-Site Parking
Total # Parking Spaces
5
LISTING UPDATED: 01/06/2026 11:54 AM

Property Details for 1606 Morton Street

StatusActive
MLS #41115998
Days on Compass70
Taxes$12,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1885
Lot Size0.23 AC / 10,000 SF
CountyAlameda County

Location

Listing Courtesy of Shamrock, REALTORS®, James Esmeyer, DRE #01363681
Add your commute

Building Information for 1606 Morton Street

Stories-Residences5Year Built1885Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$10,723 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,723

Property Taxes

$1,000

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1606 Morton Street

Features
Feature Details
  • Flooring: Carpet, Hardwood, Linoleum
  • Laundry: Coin Operated, Laundry Room
Room Details
  • Additional Rooms: Basement - Apartment
Utility Details
  • Cooling: None
  • Heating: Electric, Gas
  • Water/Sewer: Public, PublicSewer
Lot / Property Details
Home Owners Association
  • HOA Amenities: Playground
Property Details
  • Additional Equipment: Carbon Mon Detector, Individual Electric Meter, Individual Gas Meter, Smoke Detector(s)
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Back Yard, Corner Lot, Front Yard, Premium Lot
  • Lot Sq Ft Apx: 10000
  • Lot Size Square Feet: 10000.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3231
  • Year Built: 1885
Location Details
  • Directions to Property: Lincoln Ave to Morton St
  • FIPS Code: 06001
  • Census Tract: 4273/1
  • Parcel Number: 72-350-15
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • All Units Have: Oven Range Free Standing, Refrigerator
  • Units Total: 5
  • Basement: Apt In Basement
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Total Deposits: $8,825
  • Financial Data Source: Estimated
Income / Expense Details
  • Operating Expenses: Electric, Insurance, Maintenance/Repair, Trash Removal, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: A
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 2
  • Unit # 1 Approx SqFt: 711
  • Unit # 1 Rent: 1875
Unit 2
  • Unit 2 # Units This Type?: B
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 2
  • Unit # 2 Approx SqFt: 576
  • Unit # 2 Rent: 1795
Unit 3
  • Unit 3 # Units This Type?: C
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Refrigerator: Yes
  • Unit # 3 Range Oven: Yes
  • Unit # 3 # of Bedrooms: 1
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Parking Spaces: 2
  • Unit # 3 Approx SqFt: 554
  • Unit # 3 Rent: 1800
Unit 4
  • Unit 4 # Units This Type?: D
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Refrigerator: Yes
  • Unit # 4 Range Oven: Yes
  • Unit # 4 # of Bedrooms: 1
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Parking Spaces: 2
  • Unit # 4 Approx SqFt: 554
  • Unit # 4 Rent: 1875
Unit 5
  • Unit 5 # Units This Type?: E
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Refrigerator: Yes
  • Unit # 5 Range Oven: Yes
  • Unit # 5 # of Bedrooms: 2
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Parking Spaces: 2
  • Unit # 5 Approx SqFt: 986
  • Unit # 5 Rent: 1495
Building Details
  • Additional Features-Misc: Balcony/Patio, Extra Storage, Garden, Play Area
  • Apx Lot Acres: 0
  • On Site Parking Description: Detached Garage, Guest Parking, Off Site Parking
  • Total Deposits: 8825
Income / Expense Details
  • Annual Gross Sched Income: $106,080
  • Annual Insurance Expense: $9,000
  • Annual License Expense: $800
  • Annual Maint Expense: $4,800
  • Annual Mgmt Expense: $0
  • Annual Rent Income: $106,080
  • Annual Taxes: $12,000
  • Annual Util Expense: $500
  • Annual Vacancy: 0.0
Other Financial Information
  • Cap Rate: 4.0
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1606 Morton Street

DateEvent & SourcePriceAppreciation
Oct 28, 2025

Listed (Active)

MLSListings #BE41115998

$1,995,000—
Oct 28, 2025

Listed (Active)

CRMLS #41115998

$1,995,000—
Oct 28, 2025

Listed (Active)

EBRD #41115998

$1,995,000—
DateEvent & SourcePrice
10/28/2025

Listed (Active)

MLSListings #BE41115998

$1,995,000
10/28/2025

Listed (Active)

CRMLS #41115998

$1,995,000
10/28/2025

Listed (Active)

EBRD #41115998

$1,995,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1606 Morton Street

Taxable ValueLand$186,462Additions$279,693Total$466,155
Tax Record2025$10,723 ($894 / month)
Home Facts
Total Finished SqFt3,231 SqFtAbove Grade Finished SqFt3,231 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1885CountyALAMEDAAPN72-350-15

Schools near 1606 Morton Street

This home is within Alameda Unified School District.
Rating
School
Type
Grades
Distance
Maya Lin School
Public - K to 5
Will C. Wood Middle School
Public - 6 to 8
Alameda Science And Technology Institute
Public - 9 to 12
Maya Lin Elementary School
Public - K to 5
Rating
School
Distance
Maya Lin School
PublicK to 5

Will C. Wood Middle School
Public6 to 8

Alameda Science And Technology Institute
Public9 to 12

Maya Lin Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1606 Morton Street, Alameda, CA 94501

1606 Morton Street is a multi-family home for sale in Alameda, CA 94501. This property was listed for sale on October 28, 2025 by Shamrock, REALTORS®, it's currently listed at $1,995,000. This listing's school district is Alameda Unified School District. Nearby schools include Maya Lin School, Will C. Wood Middle School and Alameda Science And Technology Institute. 1606 Morton Street is a 0-bed, 0-bath, 3,231 sqft multi-family home built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shamrock, REALTORS®, James Esmeyer, DRE #01363681

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.