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3228 Adeline Street is a 7-unit mixed-use building in South Berkeley, offered at $3,500,000 with a 7.35% current cap rate and an 8.64 GRM. Built in 1904, the three-story building has 9,068 square feet and includes four furnished residential units leased by the bed plus three retail suites along the Adeline corridor. Each residential unit has its own washer and dryer, and residents share an attic-level lounge. The property also offers four off-street parking spaces and professional management. The owner has invested $1,680,445 in upgrades since 2016. Preliminary plans have been drawn for a 563 square foot, 4-bedroom, 2-bath detached ADU at the rear of the property. The rent roll shows 9.71% upside to market. Ashby BART is 0.2 miles away, the UC Berkeley campus is 1.5 miles away, and the address has a 95 Walk Score.

Highlights

  • Residential Income
  • Multi Family
  • Built in 1904
  • 0.1 Acre Lot
  • 47 days on Market

  • Year Built
    1904
  • Construction Materials
    Wood Siding
  • Parking Features
    Parking Lot
  • Living Area
    9068.0
  • Interior Features
    Storage
  • Flooring
    Laminate
  • Cooling
    Other
  • Heating
    Natural Gas
  • Basement
    None

  • Acres
    0.1
  • Lot Features
    Rectangular Lot
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 3228 Adeline St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 3228 Adeline St.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 3228 Adeline St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $3,500,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Berkeley, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 3228 Adeline St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 3228 Adeline St at around $19,918. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 3228 Adeline St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Alameda County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 3228 Adeline St?

In most cases, yes. Whether 3228 Adeline St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Berkeley's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 3228 Adeline St?

We can handle that for you. Our preferred local agent specializes in residential incomes in Berkeley and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $3,500,000 with 9,068 sqft of space—that comes out to approximately $386 per square foot.

How long has this property been on the market?

3228 Adeline St was listed on September 28, 2026, which means it's been on the market for 47 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1904, making it approximately 122 years old.

What is the lot size of this property?

3228 Adeline St sits on a 0.1-acre lot, which is 4,356 square feet.

Is 3228 Adeline St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 14, 2026 at 02:17AM.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.