$1,175,000

Estimated payment $7,434/month

Total Views 1,699
6 Beds
3 Baths
2,251 Sq Ft
$522 Price per Sq Ft

Highlights

  • Private Yard
  • Double Pane Windows
  • Baseboard Heating
  • McKinley Elementary School Rated A-
  • Landscaped
  • Wood Siding

About This Home

Exceptional West Petaluma Income Property. Located in the heart of West Petaluma's desirable Midtown neighborhood, the property consists of a charming 2-bedroom, 1-bath bungalow, plus a separate duplex with 2-bedroom, 1-baths per unit. Nestled among established homes in one of Petaluma's most sought-after areas, it provides an outstanding opportunity for investors seeking strong, stable rental income or owner-users looking to offset their housing costs. The front cottage has been tastefully updated and features a spacious dine-in kitchen, comfortable living area, dedicated laundry room, charming front porch, and private yard. Currently operating successfully as an Airbnb, it offers excellent flexibility for short-term or long-term rentals. The duplex units have also been refreshed with modern kitchens and bathrooms, delivering strong tenant appeal and comfortable living. Residents enjoy private fenced outdoor spaces, off-street parking, and an unbeatable location with easy access to Downtown Petaluma, the Petaluma Fairgrounds, Target Shopping Center, the SMART Train station, shopping, dining, schools, and major transportation routes. With strong in-place income, flexible occupancy options, and a highly desirable detached configuration, 327 Vallejo Street is a rare, well-maintained income property in one of Sonoma County's strongest rental markets.

Listing Agent

David Rendino

RE/MAX Marketplace License #01252035 Listed on: 06/10/2026

RE/MAX Marketplace

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,749 Sq Ft Lot
  • Landscaped
  • Private Yard

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,251 Sq Ft Home
  • Double Pane Windows
  • Window Treatments
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Carport Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

9,749 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Lot Size Acres: 0.2238
  • CapRate: 4.93
  • ArchitecturalStyle: Other
  • Reso Window Features: Double Pane Windows, Window Coverings
  • Property Sub Type: Triplex
  • Co List Office Mls Id: 7B1371
  • Directions: East Washington St. South on Vallejo.
  • Living Area: 2251
  • Power Production Type: None
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator
  • Basement: None
  • Flooring: Carpet
  • NumberOfBuildings: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Landscape Back, Landscape Front
  • Roof: Composition, Shingle
  • ExteriorFeatures: Private Yard, Yard Space
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Carport, Covered, Off Street
  • Carport Spaces: 6

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available
  • Water Source: Public
  • Heating: Baseboard, Electric, Gas
  • Laundry Features: Washer/Dryer Hookups

Lot Info

  • Lot Size Sq Ft: 9749

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1982

Multi Family

  • NumberOfUnitsTotal: 3

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,505 $1,173,000 $357,000 $816,000
2024 $12,578 $1,150,000 $350,000 $800,000
2023 $12,578 $524,579 $197,025 $327,554
2022 $5,786 $514,294 $193,162 $321,132
2021 $5,679 $504,211 $189,375 $314,836
2020 $5,727 $499,042 $187,434 $311,608
2019 $5,658 $438,340 $183,759 $254,581
2018 $5,068 $429,746 $180,156 $249,590
2017 $5,520 $470,261 $176,624 $293,637
2016 $5,389 $461,041 $173,161 $287,880
2015 $5,315 $454,116 $170,560 $283,556
2014 $5,290 $445,221 $167,219 $278,002
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2026 06/10/26 For Sale $1,175,000 +2.2% $522 / Sq Ft
09/08/2023 09/08/23 Sold $1,150,000 0.0% $511 / Sq Ft View Prior Sale
08/12/2023 08/12/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $1,150,000 -- $511 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- Fidelity National Title Compan
Grant Deed $1,150,000 North Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $426,000 Fidelity National Title Co
Grant Deed -- Fidelity National Title Co
Trustee Deed $422,928 Accommodation
Interfamily Deed Transfer -- New Century Title Co
Grant Deed $705,000 New Century Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $459,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $319,500 New Conventional
Previous Owner $564,000 Purchase Money Mortgage
Closed $105,750 No Value Available
Source: Public Records

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326050567

Bay Area Real Estate Information Services (BAREIS)

APN: 007-094-012

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