Fourplex
Listing Agent: Melinda Collins (DRE #01178494) · Listing Office: NextHome Axis Realty · Contact: 408-854-0828 · Bought with: Meggie Collins · NextHome Axis Realty · MLS #ML82039715 · Source: CRMLS
450 Lewis Road sold for $1,325,000 in May 2026, 15% under its $1,550,000 list price, after 410 days on the market. That works out to $398 per square foot on 3,328 square feet. Across 60 closed sales in 95111 over the last 12 months, the median sold price is $978,750 and the median is $631 per square foot, 59% above this sale's $398.
| Quarter | Closed sales in 95111 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $946,250 |
| Q2 2026 | 27 | $1,000,000 |
| Q3 2026 | 29 | $940,000 |
| Q4 2026 | 2 | $982,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Jose · Homes for sale in 95111
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.
Listing description from the May 2026 sale, as reported to CRMLS.
Closed sales reported in 95111, nearest first, last 12 months. All recent sales in San Jose →