This single-story, four-unit apartment building features two-bedroom, one-bath units, each with its own spacious backyard and front patio courtyard. Situated on a corner lot, the property offers added privacy. Every unit includes a one-car garage with washer and dryer hookups, and two units provide direct interior access. Long-term tenants currently pay below-market rents, projected to generate over $93K(+/-) in annual gross income. With minimal operating expenses, the property's projected net operating income is expected to exceed $74K(+/-) per year, yielding an impressive cap rate of over 8%(+/-). One move-in ready unit is vacant until the saleideal for owner-occupant buyers looking to secure both a home and an investment property. The property is connected to a public sewer and currently uses a shared well, but it has been approved for annexation into the City of Santa Rosa for public water. Priced at just $225,000 per unit, this offering presents an exceptional investment opportunity for both investors and first-time buyers alike.
Multi-familyProperty Type
1970Year Built
0.3 acresLot Size
$354Est. Price/Sq.Ft.
4 garage spacesParking
Listed by Aaron Pardo•DRE #02075596• Compass
•707-303-5695 (agent)
•aaron.pardo@compass.com (agent)
Bought with Niteen Sharma•DRE #01322352• Matrix Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
1971
Sq. Ft.
2,912
Year built
1970
Style
Multi-Family (2-4 Unit)
County
Sonoma County
APN
043182004000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 28, 2026.
Jun 11, 2016 • Final
Building history record
Work on a reroof.
Roofing
Jun 11, 2016 • Final
Building history record
Work on a heating system.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking & Garage Information
Parking Total: 8
Parking Features: Garage
Garage Spaces: 4
Interior
Heating & Cooling
Cooling: None
Heating: Wall Furnace
Interior Features
Accessibility Features: None
Appliances: Varies By Unit
Flooring: Varies By Unit
Laundry Features: In Each Unit, Washer/Dryer Hookups, Other