- $1.3M Price
- .13 Acres
- 207 DOM
3257 Delaware St
3257 Delaware, a rare and well-located 5-unit multifamily property in Oakland’s highly desirable Dimond District, positioned just above Interstate 580. Offered at $1.325M, the property delivers a compelling 6.49% CAP rate and 9.94 GRM, providing strong day-one cash flow with clear long-term upside. This sizable asset features a highly attractive unit mix consisting of two oversized two-bedroom units with dedicated dining areas, two spacious one-bedroom one-bath units, and an exceptional three-bedroom two-bath unit currently rented at $3,200 per month. The larger unit sizes are well aligned with sustained tenant demand in the Dimond District, where renters consistently pay premiums for space, walkability, and neighborhood quality. From a location standpoint, the property is ideally situated in one of Oakland’s most stable rental submarkets. The Dimond District is known for its residential charm, proximity to Dimond Park, local retail along MacArthur Boulevard, easy freeway access, and a strong tenant base drawn to the area’s neighborhood feel combined with urban convenience. These fundamentals support both consistent occupancy and long-term rent growth.
Essential Information
- MLS® #41124205
- Price$1,325,000
- Bathrooms0.00
- Acres0.13
- Year Built1955
- TypeResidential Income
- StatusActive
Community Information
- Address3257 Delaware St
- SubdivisionDIMOND DISTRICT
- CityOakland
- CountyAlameda
- Zip Code94602
Amenities
- Parking Spaces5
Interior
- HeatingSee Remarks
- CoolingSee Remarks
Exterior
- ExteriorStucco
- Lot DescriptionStreet Level
- ConstructionStucco
Additional Information
- Date ListedFebruary 16th, 2026
- Days on Market207
Listing Details
- AgentWillem Bos
- OfficeCOMPASS
Price Change History for 3257 Delaware St, Oakland, (MLS® #41124205)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,350,000 to $1,325,000 |
Willem Bos, COMPASS.
Based on information from California Regional Multiple Listing Service, Inc. as of September 11th, 2026 at 6:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.