Fourplex for sale
4751 - 4771 Steveston Highway, Steveston North, Richmond
$2,888,000
Features
Style
Two Storey
Year Built
1968
Floor Area
5,149 sqft
Lot Size
14,015 sqft
Interior Features
Storage
Laundry Features
In Unit
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Exterior Features
Garden, Balcony, Private Yard
Fireplace Features
Electric, Wood Burning
Security Features
No Fire Sprinkler System, No Smoke Detector(s)
Parking Features
Detached, Tandem, Front Access
Parking Spaces
10
Property Taxes
$10,116 (2025)
Description
Rare income property opportunity in the heart of Steveston! Situated on over 14,000 sq ft of prime land, this legal duplex (circa 1970s) is on one of the last large development parcels in this highly sought-after neighborhood. The property is currently tenanted with long-term occupants, providing stable income and immediate holding security. Existing rents are below current market levels, presenting a clear value-add opportunity for future revenue growth over time. Whether held as a steady income property, repositioned for stronger yield, or land-banked for future development, this is a rare chance to acquire scale and upside in charming Steveston — a neighborhood where opportunities of this size are increasingly scarce. A long-term asset with built-in growth potential!
MLS® Number R3091654