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One Block from the Waterfront 815 Main St 5 Unit Apartment Building $1,095,000 ($219,000/Unit) 6.38% Cap Rate Suisun City, CA 94585

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INVESTMENT HIGHLIGHTS

  • Situated in the heart of Suisun City’s historic waterfront district, just one block from the scenic waterfront lined with restaurants, cafés
  • Four of five units currently leased, offering stable in-place cash flow with upside
  • Steps from the Suisun-Fairfield Amtrak Station, providing direct access to the Bay Area and Sacramento
  • Five-unit property totaling ±6,367 SF with spacious one-bedrooms, studios, and a large 1,500+ SF three-bedroom unit on a ±7,162 SF lot.
  • Adjacent lot provides 5+ off-street parking spaces and secured storage at the rear
  • Proximity to major employers including Travis Air Force Base, Kaiser Permanente, Anheuser-Busch, Jelly Belly, and the Solano County Government Center

EXECUTIVE SUMMARY

The Mitchell Warren Team is pleased to present 815 Main Street, a ±6,367 square foot, five-unit multifamily property located in the heart of Suisun City’s historic waterfront district. The building offers an attractive unit mix of spacious one-bedrooms, studios, and a large three-bedroom 1,500+ square foot unit, situated on a ±7,162 square foot lot. Four of the five units are currently leased, providing immediate income with upside through lease-up of the remaining vacancy and continued rent growth. The offering also includes the adjacent parcel, which provides 5+ off-street parking spaces and secured storage at the rear. The property represents an excellent opportunity for investors seeking strong cash flow in an emerging Solano County submarket.
815 Main Street is ideally located in the heart of downtown Suisun City, just one block from the scenic waterfront lined with restaurants, cafés, and boutique shops. Residents enjoy a truly walkable lifestyle with easy access to waterfront trails, boating, and year-round community events. The property is steps from the Suisun-Fairfield Amtrak Station, offering convenient commuter access throughout the Bay Area and Sacramento. Nearby major employers include Travis Air Force Base, Kaiser Permanente, Anheuser-Busch, Jelly Belly, and the Solano County Government Center, all contributing to a strong local rental market. Combining small-town charm, excellent walkability, and proximity to major job centers, 815 Main Street offers an exceptional location for both residents and investors alike.

PROPERTY FACTS

Price $1,095,000
Price Per Unit $219,000
Sale Type Investment
Cap Rate 6.38%
Gross Rent Multiplier 10.49
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Lot Size 0.11 AC
Building Size 6,367 SF
Average Occupancy 100%
No. Stories 3
Year Built 1940
Parking Ratio 0.79/1,000 SF

AMENITIES

UNIT AMENITIES

  • Washer/Dryer Hookup
  • Heating
  • Crown Molding
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Carpet
  • Deck
  • Double Pane Windows
  • Family Room
  • Vinyl Flooring
  • Large Bedrooms

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 $1,500 650
1+1 2 $1,450 1,100
3+2 1 $2,800 1,700
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0032-156-040
  • 0032-156-050
Land Assessment
$172,900
Improvements Assessment
$630,264
Total Assessment
$803,164
  • Listing ID: 38313251

  • Date on Market: 11/3/2025

  • Last Updated:

  • Address: 815 Main St, Suisun City, CA 94585

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