450 Lewis Rd

Beds
Baths
3,328 Sq. Ft.
$466 / Sq. Ft.
3,328
Sq. Ft.
$466
per Sq. Ft.

Description

Motivated sellers. Submit an offer subject to inspection. Fully rented 4-unit investment opportunity with upside potential. The property needs some TLC, but it is located in an area with consistent rental demand, long-term tenants, and room to grow profits. Property Highlights Unit Configuration: Four 2-bedroom, 1-bath units, ideal for investors and possible owner-occupant interest, subject to current tenancy. Well-Maintained Community: Privately managed HOA with clean, well-kept grounds, assigned...Motivated sellers. Submit an offer subject to inspection. Fully rented 4-unit investment opportunity with upside potential. The property needs some TLC, but it is located in an area with consistent rental demand, long-term tenants, and room to grow profits. Property Highlights Unit Configuration: Four 2-bedroom, 1-bath units, ideal for investors and possible owner-occupant interest, subject to current tenancy. Well-Maintained Community: Privately managed HOA with clean, well-kept grounds, assigned carports, additional parking, and a shared laundry facility. Prime Convenience: Close to major employers, shopping, dining, schools, churches, and public transit, making it attractive for tenants and supportive of strong occupancy. This property is a solid investment opportunity for seasoned investors or first-time buyers entering the multifamily market.
  1. Listed by Melinda Collins • DRE #01178494 • Brokerage DRE #02198676 • NextHome Axis Realty • 408-854-0828
  2. Listed by Meggie Collins • DRE #02229230 • Brokerage DRE #02198676 • NextHome Axis Realty

Property Details for 450 Lewis Road

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2
LISTING UPDATED: 03/27/2026 04:23 PM

Property Details for 450 Lewis Road

StatusContingent
MLS #ML82039715
Days on Compass15
Taxes$19,375 / year
HOA Fees$108
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1962
Lot Size0.23 AC / 9,945 SF
CountySanta Clara County

Location

Listing Courtesy of NextHome Axis Realty, Melinda Collins, DRE #01178494; NextHome Axis Realty, Meggie Collins, DRE #02229230
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Building Information for 450 Lewis Road

Stories2Residences4Year Built1962Building Size-Lot Size0.23 AC / 9,945 SF

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$9,528 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,805

Property Taxes

$1,615

HOA Dues

$108

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Property Information for 450 Lewis Road

Features
Features
  • Amenities: None
  • Communications: None
  • Fireplace: No
  • Flooring: Laminate
  • Living SqFt: 3328
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 1
  • HOA Fee: $108
Property Details
  • Area Text: South San Jose
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 450
  • Street Name: Lewis
  • Street Suffix: Road
  • Area ID: 11
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3328
  • Structure SqFt Source: Assessor
  • Age: 64
Development Information
  • Zoning Detail: R3H
Location Information
  • City Limits: Yes
  • Parcel Number: 497-27-004
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95111
  • Elementary School District: 482
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .23
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $19,375
  • Building Unit Total: 4
  • Capitalization Rate: 4.29
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,861
  • Expense Landscape: $1,800
  • Expense Maintenance: $3,600
  • Expense Management: $5,436
  • Expense Trash: $2,046
  • Expenses Other: $875
  • Expenses Utility: $6,235
  • Expenses Total: $42,228
  • Operating Expenses Include: Maintenance, Services - Gardener
  • Gross Rent Multiplier: 14.26
  • Income Annual Gross: $108,720
  • Income Annual Rental: $108,720
  • Income Gross Scheduled: $108,720
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 832
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,170
Unit 3 Information
  • Unit 3 Approx Square Footage: 832
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,590
Unit 4 Information
  • Unit 4 Approx Square Footage: 832
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,300
Unit Type 1
  • Unit Type1 Approx SqFt: 832

Property History for 450 Lewis Road

DateEvent & SourcePriceAppreciation
Mar 26, 2026

Pending

EBRD #ML82039715

Mar 26, 2026

Contingent - Show

MLSListings #ML82039715

Mar 21, 2026

Price Change

EBRD #ML82039715

$1,550,000
Mar 21, 2026

Price Change

EBRD #ML82039715

$1,780,000
Mar 21, 2026

Listed (Active)

EBRD #ML82039715

$1,550,000
Mar 20, 2026

Price Change

MLSListings #ML82039715

$1,550,000
Mar 20, 2026

Price Change

MLSListings #ML82039715

$1,780,000
Mar 20, 2026

Listed (Active)

MLSListings #ML82039715

$1,550,000
Mar 1, 2026

Expired

EBRD #ML81991369

Feb 28, 2026

Expired

MLSListings #ML81991369

$1,588,000
Dec 10, 2025

Price Change

MLSListings #ML81991369

$1,668,000
Sep 9, 2025

Price Change

MLSListings #ML81991369

$1,688,000
Aug 6, 2025

Price Change

MLSListings #ML81991369

$1,738,000
Aug 1, 2025

Listed (Active)

MLSListings #ML81991369

Aug 1, 2025

Temporarily Off Market

EBRD #ML81991369

Jul 31, 2025

Expired

MLSListings #ML81991369

$1,780,000
Jan 23, 2025

Listed (Active)

EBRD #ML81991369

$1,780,000
Jan 22, 2025

Listed (Active)

MLSListings #ML81991369

$1,780,000
Jun 29, 2017

Sold (Public Record)

Public Record #599751166

$232,600

-35.4% / yr

Apr 18, 2016

Sold (Public Record)

Public Record #569225233

$392,000
Aug 31, 1998

Expired

EBRD #ML89808142

Aug 31, 1998

Expired

RESFAR #89808142

Aug 31, 1998

Expired

MLSListings #ML89808142

$429,000
Feb 7, 1998

Price Change

RESFAR #89808142

$429,000
Feb 7, 1998

Listed (Active)

MLSListings #ML89808142

$399,000
Feb 7, 1998

Listed (Active)

RESFAR #89808142

$399,000
Feb 7, 1998

Listed (Active)

EBRD #ML89808142

$399,000
DateEvent & SourcePrice
03/26/2026

Pending

EBRD #ML82039715

03/26/2026

Contingent - Show

MLSListings #ML82039715

03/21/2026

Price Change

EBRD #ML82039715

$1,550,000
03/21/2026

Price Change

EBRD #ML82039715

$1,780,000
03/21/2026

Listed (Active)

EBRD #ML82039715

$1,550,000
03/20/2026

Price Change

MLSListings #ML82039715

$1,550,000
03/20/2026

Price Change

MLSListings #ML82039715

$1,780,000
03/20/2026

Listed (Active)

MLSListings #ML82039715

$1,550,000
03/01/2026

Expired

EBRD #ML81991369

02/28/2026

Expired

MLSListings #ML81991369

$1,588,000
12/10/2025

Price Change

MLSListings #ML81991369

$1,668,000
09/09/2025

Price Change

MLSListings #ML81991369

$1,688,000
08/06/2025

Price Change

MLSListings #ML81991369

$1,738,000
08/01/2025

Listed (Active)

MLSListings #ML81991369

08/01/2025

Temporarily Off Market

EBRD #ML81991369

07/31/2025

Expired

MLSListings #ML81991369

$1,780,000
01/23/2025

Listed (Active)

EBRD #ML81991369

$1,780,000
01/22/2025

Listed (Active)

MLSListings #ML81991369

$1,780,000
06/29/2017

Sold (Public Record)

Public Record #599751166

$232,600

-35.4% / yr

04/18/2016

Sold (Public Record)

Public Record #569225233

$392,000
08/31/1998

Expired

EBRD #ML89808142

08/31/1998

Expired

RESFAR #89808142

08/31/1998

Expired

MLSListings #ML89808142

$429,000
02/07/1998

Price Change

RESFAR #89808142

$429,000
02/07/1998

Listed (Active)

MLSListings #ML89808142

$399,000
02/07/1998

Listed (Active)

RESFAR #89808142

$399,000
02/07/1998

Listed (Active)

EBRD #ML89808142

$399,000

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

Public Records for 450 Lewis Road

Taxable ValueLand$323,484Additions$345,231Total$668,715
Tax Record2025$10,892 ($908 / month)
Home Facts
Baths4Total Finished SqFt3,328 SqFtAbove Grade Finished SqFt3,328 SqFtStories2Lot Size9,945 SqFtStyleQuadraplexYear Built1962ZoningR3HCountySANTA CLARAAPN497-27-004Fireplace TypeHas Fireplace

Schools near 450 Lewis Road

This home is within Franklin-Mckinley Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Captain Jason M. Dahl Elementary School
PublicK to 6

Sylvandale Middle School
Public7 to 8

Andrew P. Hill High School
Public9 to 12

KIPP Heritage Academy
Charter5 to 8

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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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 NextHome Axis Realty, Melinda Collins, DRE #01178494; NextHome Axis Realty, Meggie Collins, DRE #02229230

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.