$910,000
SOLD JUL 16, 2025

138 S Plumas St Willows, CA 95988

16 Beds
8 Baths
6,200 Sq Ft
0.45 Acres

Recently Sold

$147 Per Sq Ft

9% Below List Price

149 Days on Market

Highlights

  • 0.45 Acre Lot
  • Tile Flooring
  • Coin Laundry
  • No HOA
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of July 2025

Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates 97K in annual rental income. Each unit offers 2 bedrooms and 1 bath, with two recently remodeled units currently leased at $1,300, and the remaining six at $1,000. With income potential up to $125,000 annually, this property is primed for increased returns. Ideally situated near parks, schools, the library, dining, and shopping, it's perfectly positioned for maximum value and convenience!

Last Agent to Sell the Property

Amir Cackovic

eXp Realty of California Inc. License #01484623 Listed on: 09/30/2024

eXp Realty of California Inc.

Co-Listed By

Andrew Boley

eXp Realty of Northern California, Inc. License #02201769

Last Buyer's Agent

Jackie Moon

Aztec Real Estate License #01332143

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.45 Acre Lot

Parking

  • 16 Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 6,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 002-17-1-003-0

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Coin Laundry

Building Details

  • 8 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1979
  • Levels: Two
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Laminate
  • Price Per Square Foot: 146.77
  • Square Footage: 6200.00

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 925000.00
  • Lot Features: Curbs/Gutters
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 16.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Coin Operated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning: multiunit
  • Irrigation: None
  • Lot Size Acres: 0.4530
  • Lot Size Sq Ft: 19731.00

Rental Info

  • Lease Type: Net

Multi Family

  • Income Includes: ["Coin Operated Equipment","Rent Only"]
  • Number of Leased Units: 8
  • Number of Units: 8
  • Total Number Owner Occupied: 8

Tax Info

  • Assessor Parcel Number: 002-17-1-003-0
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Glen

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2025 07/16/25 Sold $910,000 0.0% $147 / Sq Ft
04/01/2025 04/01/25 Off Market $910,000 -- --
02/26/2025 02/26/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $925,000 -2.6% $149 / Sq Ft
11/14/2024 11/14/24 Price Changed $950,000 -5.0% $153 / Sq Ft
09/30/2024 09/30/24 For Sale $1,000,000 -- $161 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224109549

MetroList

APN: 002-17-1-003