Estimated payment $18,423/month
Highlights
- View of Hills
- Fenced Yard
- Enclosed Patio or Porch
- Traditional Architecture
- 1 Car Detached Garage
- Tile Flooring
About This Home
Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex offers terrific cash flow and a stable tenant base. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents. All units are 2 bedroom, 1.5 baths with a well-designed and spacious floor plan, large upstairs bedrooms with jack-and-jill bathroom and ample closets, central HVAC, fireplaces and private fenced yards. Amenities include on-site laundry facilities, in-ground pool, and carports plus additional on-site paved parking. Impeccably maintained landscaping and underground utilities create a parklike setting at the end of a cul-de-sac in a desirable centrally located neighborhood. The City of Ukiah recently approved a minor subdivision and rezoning creating a separate 1.06 acre parcel that is not included in this offering, and both parcels are now zoned Medium Density Residential (R-2). Ukiah is in the heart of Mendocino County Wine Country, under two hours to the Golden Gate Bridge and one hour north of the Sonoma County Airport.
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1983
Lot Details
- Fenced Yard
- Landscaped
Parking
- 1 Car Detached Garage
- 2 Open Parking Spaces
- 19 Carport Spaces
Property Views
- Hills
- Park or Greenbelt
Home Design
- Traditional Architecture
- Concrete Foundation
- Slab Foundation
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 8 Bedrooms
- 22,211 Sq Ft Home
- 2-Story Property
- Window Treatments
- Window Screens
Kitchen
- Free-Standing Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Linoleum
- Laminate
- Tile
Home Security
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Individual Gas Meter
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 003-100-43-00
Community Details
Overview
- 4 Buildings
- 20 Units
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- Laundry Facilities
- Gross Income $410,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,339 | $104,868 | $33,101 | $71,767 |
| 2023 | $1,339 | $100,797 | $31,816 | $68,981 |
| 2022 | $1,287 | $98,822 | $31,193 | $67,629 |
| 2021 | $1,173 | $96,885 | $30,582 | $66,303 |
| 2020 | $1,157 | $95,959 | $30,293 | $65,666 |
| 2019 | $1,092 | $94,078 | $29,699 | $64,379 |
| 2018 | $1,065 | $92,234 | $29,117 | $63,117 |
| 2017 | $1,048 | $90,426 | $28,546 | $61,880 |
| 2016 | $1,017 | $88,654 | $27,987 | $60,667 |
| 2015 | $1,009 | $87,323 | $27,567 | $59,756 |
| 2014 | $985 | $85,613 | $27,027 | $58,586 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | Price Changed | $3,995,000 | 0.0% | $180 / Sq Ft |
| 10/20/2025 10/20/25 | For Sale | $3,995,000 | +14.3% | $180 / Sq Ft |
| 10/20/2025 10/20/25 | Price Changed | $3,495,000 | 0.0% | $157 / Sq Ft |
| 10/20/2025 10/20/25 | For Sale | $3,495,000 | -7.5% | $157 / Sq Ft |
| 10/10/2025 10/10/25 | Off Market | $3,780,000 | -- | -- |
| 10/10/2025 10/10/25 | Off Market | $4,250,000 | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $3,780,000 | -11.1% | $170 / Sq Ft |
| 10/23/2024 10/23/24 | Price Changed | $4,250,000 | -15.0% | $191 / Sq Ft |
| 01/05/2024 01/05/24 | For Sale | $5,000,000 | -- | $225 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324084737
APN: 003-100-43-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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