$2,695,000

Estimated payment $16,979/month

4 Beds
4 Baths
5,940 Sq Ft
$454 Price per Sq Ft

Highlights

  • Landscaped
  • Central Heating
  • Laundry Facilities
  • McKinley Elementary School Rated A-

About This Home

The property consists of six, fully remodeled two-bedroom 1.5-bath, townhouse-style units with 8 newly paved parking spaces (one per unit, plus two additional rentable spaces). The building and units have been extensively updated. Unit renovations include new flooring, trims and two-tone paint and blinds throughout, new stainless-steel appliances and countertops in the kitchen, new electrical finishes, and lighting throughout and new bathrooms. Additionally, the property offers coin-laundry and storage units on-site for additional annual in-come as well as the potential to add in unit laundry to further increase property cash flow. The property is conveniently located just a short distance from public transportation as well as the new SMART Rail and many downtown West-Side amenities. Petaluma boasts little to no vacancy and a growing tenant profile due to proximity to multiple freeways, local schools, Santa Rosa Universities, and Highway 37, is considered a major hub for employment. The property is ideal for local fami-lies with many neighboring parks and several schools nearby, including St. Vincents a well-known private high school.

Listing Agent

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 09/14/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,999 Sq Ft Lot
  • Landscaped

Home Design

  • 5,940 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Central Heating

Community Details

  • 6 Units
  • Laundry Facilities
  • Gross Income $201,809

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,999 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Lot Size Acres: 0.2066
  • CapRate: 5.37
  • Property Sub Type: 5 or More Units
  • Co List Office Mls Id: AMARMIL
  • Directions: E Washington to Keller St
  • Living Area: 5940
  • Power Production Type: None
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • NumberOfBuildings: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Landscape Back

Garage/Parking

  • Parking Features: Off Street, Uncovered

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Common Area

Lot Info

  • Lot Size Sq Ft: 8999

Building Info

  • Year Built: 1965

Multi Family

  • NumberOfUnitsTotal: 6
  • Annual Gross Income: 201809

Map

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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
2026 $24,455 $2,183,234 $557,756 $1,625,478
2025 $24,455 $2,140,713 $546,820 $1,593,893
2024 $22,761 $2,098,551 $536,099 $1,562,452
2023 $22,761 $2,057,451 $525,588 $1,531,863
2022 $22,214 $2,017,157 $515,283 $1,501,874
2021 $21,796 $1,977,893 $505,180 $1,472,713
2020 $21,983 $1,957,400 $500,000 $1,457,400
2019 $6,503 $562,508 $120,172 $442,336
2018 $6,479 $551,526 $117,816 $433,710
2017 $6,348 $540,999 $115,506 $425,493
2016 $6,198 $530,204 $113,242 $416,962
2015 $6,113 $522,276 $111,541 $410,735
2014 $6,084 $512,094 $109,357 $402,737
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
09/14/2026 09/14/26 For Sale $2,695,000 -- $454 / 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 $1,955,000 Chicago Title Company
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Old Republic Title Co
Interfamily Deed Transfer -- Old Republic Title Co
Interfamily Deed Transfer -- Old Republic Title Co
Interfamily Deed Transfer -- Old Republic Title Co
Grant Deed -- --
Grant Deed -- --
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 $1,350,000 Commercial
Previous Owner $550,000 Commercial
Previous Owner $515,000 Commercial
Source: Public Records

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326078539

Bay Area Real Estate Information Services (BAREIS)
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