231 Tennessee St, Vallejo, CA 94590

Property Description

Classic Victorian Charm Meets Investment Opportunity in Downtown Vallejo. Investors, take note! This well-positioned Victorian-style fourplex offers an attractive opportunity to own a multi-unit property in a revitalizing area of Downtown Vallejo. The property consists of a versatile mix of one 3-bedroom unit, one 2-bedroom unit, and two 1-bedroom units, providing a diverse unit mix designed to appeal to a broad range of tenants. Adding to the property's investment appeal, each unit is separately metered and designated parking space with room for guest parking, providing a practical advantage for ownership and tenant management. Current ownership has demonstrated a commitment to maintaining and improving the property, with numerous interior and exterior upgrades made over the years. Significant capital improvements include electrical and copper updates to most of the property in 2005, roof installed in July 2020, repaired siding in select areas, and fresh exterior paint completed in 2025, giving the property a clean, refreshed appearance. The location is equally compelling. Situated near Downtown Vallejo's retailers, restaurants, entertainment, and waterfront ferry service, residents have convenient access to the amenities and transportation options that make urban living attractive. The property is also positioned within reach of major transportation routes connecting Vallejo to surrounding Bay Area communities. Four units. Updated where it matters. Downtown location. Classic Vallejo character. A compelling opportunity for investors looking for a multi-family property with both functionality and future potential.