
Santa Rosa, CA 95404
This Mid-Century Triplex Asset is listed at $775,000—positioned well below the $782,033 Fair Market Value by 1%. This valuation gap offers $7,033 in Instant Equity. Located in the prestigious McDonald Historic District near Proctor Terrace Elementary and Santa Rosa High School, the property maintains a Condition Rating of 4 with a 2012 roof and 2018 windows. Featuring a detached 2-bedroom unit and a private patio, it offers significant rental upside through cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1204 14th Street Subject | $775,000* List Price | 0 | 0 | 2,471 | $316 | - |
A 743 Beaver Street Sold | $895,000 | 7 | 6 | 2,948 | $304 | 0.3 mi |
B 705 Tupper Street Active | $700,000 List Price | 5 | 3 | 2,436 | $287 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1948 triplex is well-maintained with important capital improvements including a newer roof (2012) and updated windows (2018). While the hardwood floors are a plus, the kitchen and bathrooms are significantly outdated, featuring vintage tiling, older cabinetry, and aged linoleum flooring. The property is functional and occupied but requires cosmetic modernization to meet current market standards for 'good' or 'excellent' condition.
Situated in the prestigious McDonald Historic District, the property benefits from high desirability, a charming tree-lined street, and close proximity to downtown Santa Rosa and shopping.
The triplex configuration with long-term tenants and consistent rental demand offers immediate stability and a reliable income stream for investors.
With a roof replaced in 2012 and windows updated in 2018, the property has addressed major capital expenditures, reducing near-term maintenance concerns.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2471, other record living area = 996.
Long-term tenancy often results in rental rates that trail current market values, potentially limiting immediate cash flow upside without turnover or legal adjustments.
As a 1948 build, the property may require ongoing attention to original systems like plumbing or electrical that haven't been explicitly noted as modernized.
Rare opportunity to acquire a tri-plex in the highly desired McDonald Historic District. This mid-century property sits on a tree lined street near some of the most significant homes in Santa Rosa. The property consists of a duplex with 1 bedroom and 1 bath units along with a spacious detached 2 bedroom 1 bath unit. All three units include hardwood flooring, a covered carport, storage closets, indoor washer/dryer hook-ups and are currently occupied by long term tenants. The wonderful landscaped grounds allow for an abundance of sunshine and natural light. Windows updated in 2018 & roof in 2012. Centrally located near downtown amenities and Town & Country shopping. The long term stability and consistent rental demand makes this property an excellent investment!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.1 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 20% |
| Baths | 0.0 | 2.0 | 40% |
| Square foot | 2,471 | 2,471 | 50% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $775.0K | $775.0K | 50% |
| Price per sq ft | $314 | $423 | 40% |
| Built year | 1948 | 1956 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 176 | 20% |
Apr 7, 2026
$775,000
Initial Listing