Two fully leased homes and the potential for a 3rd on large lot! This 1,808 sq ft duplex sits on a rare 7,000 sq ft lot in the heart of San Jose, close to Japantown and all the downtown restaurants and shops that keep this corridor busy year-round. Both units are occupied, bringing $6,550 a month, with updated kitchens and central air conditioning in each. Both units have private carports, and their own laundry and storage room. The larger front 3-bed, 2-bath unit has direct access to the carport. The 2-bed, 1-bath unit enjoys a spacious private backyard, the kind of layout that keeps tenants staying long term. The property delivers immediate, in-place cash flow with real room to grow. As a Value-add strategy, the oversized lot and the existing carport give upside for an investor who wants to add an ADU or reimagine the carport altogether, opening the door to a third income stream without touching either existing unit. Easy access to Highways 280, 680, and 101 puts tenants minutes from Downtown San Jose's job centers, and a walk score of 86 means this is a location renters actively seek out. Whether you are adding to a growing portfolio or looking for your first income property in Silicon Valley, 425 N 7th St offers a stabilized asset with a clear path to more.