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4-Plex 351 10th St 4 Unit Apartment Building $1,210,000 ($302,500/Unit) 5.67% Cap Rate Santa Rosa, CA 95401
INVESTMENT HIGHLIGHTS
- Well-maintained 4-plex across from St. Rose Church and Parish in vibrant Central Santa Rosa
- Surrounding neighborhood is experiencing vibrant growth, with numerous development projects either underway or in the pipeline
- Unit boasts modern improvements including upgraded electrical subpanels and forced air heating
- A must-see for savvy investors looking to capitalize on Santa Rosa’s expanding community
EXECUTIVE SUMMARY
Prime 4-Plex Investment Opportunity in Central Santa Rosa
Discover this well-maintained 4-plex nestled on a peaceful street across from St. Rose Church and Parish in vibrant Central Santa Rosa. This charming two-story property offers two spacious units on each floor, each featuring 2 bedrooms and 1 bathroom — perfect for tenants seeking comfort and convenience.
Meticulously upgraded over the years, each unit boasts modern improvements including upgraded electrical subpanels and forced air heating. Upper units feature private north-facing balconies, ideal for outdoor relaxation, while lower units enjoy generous yards, perfect for outdoor living or gardening.
Key features include:
• Separate utilities: Individual electricity and gas meters for each unit
• Parking: Convenient carport parking
• Recent updates: New roof and pest work ensuring durability and low maintenance
• Strong occupancy: Fully leased and professionally managed
Located just minutes from US Hwy 101, residents enjoy seamless access to local amenities and downtown attractions within walking distance. The surrounding neighborhood is experiencing vibrant growth, with numerous development projects either underway or in the pipeline, presenting a fantastic opportunity for investors seeking a dynamic market.
This turnkey property combines comfort, versatility, and growth potential — a must-see for savvy investors looking to capitalize on Santa Rosa’s expanding community.
Discover this well-maintained 4-plex nestled on a peaceful street across from St. Rose Church and Parish in vibrant Central Santa Rosa. This charming two-story property offers two spacious units on each floor, each featuring 2 bedrooms and 1 bathroom — perfect for tenants seeking comfort and convenience.
Meticulously upgraded over the years, each unit boasts modern improvements including upgraded electrical subpanels and forced air heating. Upper units feature private north-facing balconies, ideal for outdoor relaxation, while lower units enjoy generous yards, perfect for outdoor living or gardening.
Key features include:
• Separate utilities: Individual electricity and gas meters for each unit
• Parking: Convenient carport parking
• Recent updates: New roof and pest work ensuring durability and low maintenance
• Strong occupancy: Fully leased and professionally managed
Located just minutes from US Hwy 101, residents enjoy seamless access to local amenities and downtown attractions within walking distance. The surrounding neighborhood is experiencing vibrant growth, with numerous development projects either underway or in the pipeline, presenting a fantastic opportunity for investors seeking a dynamic market.
This turnkey property combines comfort, versatility, and growth potential — a must-see for savvy investors looking to capitalize on Santa Rosa’s expanding community.
PROPERTY FACTS
| Price | $1,210,000 | Lot Size | 0.17 AC |
| Price Per Unit | $302,500 | Building Size | 3,608 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.67% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1972 |
| Property Type | Multifamily | Parking Ratio | 1.11/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R-3-18-H - R-3-18-H | ||
| Price | $1,210,000 |
| Price Per Unit | $302,500 |
| Sale Type | Investment |
| Cap Rate | 5.67% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.17 AC |
| Building Size | 3,608 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.11/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-3-18-H - R-3-18-H |
AMENITIES
UNIT AMENITIES
- Kitchen
- Patio
- Porch
SITE AMENITIES
- Laundry Facilities
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $2,100 | - |
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 010-013-041 | Improvements Assessment | $472,019 |
| Land Assessment | $236,719 | Total Assessment | $708,738 |
PROPERTY TAXES
Parcel Number
010-013-041
Land Assessment
$236,719
Improvements Assessment
$472,019
Total Assessment
$708,738
MAP
ADDITIONAL PHOTOS
IMG_7508
IMG_7509
IMG_7510
Kitchen4
Living_Room
Kitchen1
Dining_Room_Balcony