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3540 Lincoln Avenue

Oakland, CA 94602

4 beds
– baths
3,360 sqft
8,580 sqft lot
$193 per sqft
1925 build
– on site

Perched above I-580 in Oakland’s Diamond District, 3540 Lincoln Avenue offers urban convenience with outdoor access. Tenants enjoy a walkable lifestyle with Safeway, CVS, and the Oakland Public Library a block away, while Diamond Park—just half a mile out—provides hiking trails, picnic areas, a pool, and a rec center. This 3,360 SF fourplex is priced at just $650,000—under $200 per square foot—making it a rare find. With current rents at $64,000 per year and a market potential of $92,000 per year, the upside is undeniable. The expansive 8,580 SF lot offers additional potential for an ADU buildout, adding even more value. Whether you’re seeking immediate cash flow or long-term appreciation, this property presents a prime investment opportunity in a high-demand rental market.

Listing courtesy of BRIDGE / Keller Williams Realty

Last checked: Checking… • Last updated Mar 12, 2025 •

MLS# 41088962 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1925
Building Area Units:

Square Feet
Construction Materials:

Concrete
Basement:

None
Security Features:

Carbon Monoxide Detector(s)
Building Area Total:

3360
Building Area Source:

Public Records

Interior

Interior Features:

Tub w/Shower Over
Flooring:

Hardwood

Room Dimensions

Living Area:

3360
Living Area Units:

Square Feet

Location

Directions:

West on MacArthur, right on Lincoln Ave

The Property

Property Type:

Residential Income
Property Subtype:

Quadruplex
Exterior Features:

Side Yard
Parcel Number:

29993211
Lot Features:

Sloped Up
Lot Size Area:

0.2
Lot Size Acres:

0.2
Lot Size SqFt:

8580
Lot Size Units:

Acres
Fencing:

Partial Fence

Listing Agent

Contact info:

Taxes

Tax Tract:

4067.00

Beds

Bedrooms Total:

4

The Listing

Listing Terms:

None
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Floor Furnace
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Utilities:

All Public Utilities

Appliances

Appliances:

Washer
Laundry Features:

In Unit

The Community

Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Total:

4
Parking Features:

Parking Lot

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/11/25 Mar 11, 2025	Listed / Active	BRIDGE	$650,000

Multifamily For Sale

$650,000

Listing provided by broker:

Joey Wang

Keller Williams Realty

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This multifamily located in Lower Hills District, Oakland, CA 94602 is currently for sale for $650,000. 3540 Lincoln Avenue is a 3,360 square foot multifamily with 4 beds and – baths that has been on Estately for 2 days. 3540 Lincoln Avenue is in the Lower Hills District neighborhood of Oakland and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Bret Harte Middle School, Sequoia Elementary School, and Skyline High School.

Listing courtesy of Keller Williams Realty

Listing Courtesy of: BRIDGE, data current as of 23:46 on Mar 13.

© bridgeMLS, CCAR MLS, and Bay East MLS 2025. 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.