2038 Terry Road, Santa Rosa, CA 95403, Santa Rosa, 95403 - 0 bed, 0 bath
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Santa Rosa, CA 95403
This Solid Income-Producing Duplex is listed at $750,000, positioned relative to a $631,912 Fair Market Value. Built in 1988, the property maintains a Functional Condition Rating, featuring one unit with modernized flooring and baths and another with stable, long-term tenants. Both residences offer high-demand amenities including private yards and attached garages, which are significant drivers for tenant retention in the Santa Rosa market. This versatile asset represents a strategic opportunity for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stable multi-family acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2038 Terry Road Subject | $750,000* List Price | 0 | 0 | 1,728 | $405 | - |
A 2561 Northcoast Street Active | $659,000 List Price | 0 | 0 | 1,800 | $366 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this duplex is in functional condition but shows clear signs of age. While one unit has received some updates to the flooring and a bathroom, the kitchens and other bathrooms feature original 1980s-style oak cabinetry, laminate countertops, and dated white appliances. The property meets the 'fair' criteria as it is over 30 years old with only partial renovations, maintaining original components that are functional but aesthetically outdated.
The duplex configuration offers a flexible opportunity for investors seeking dual income streams or owner-occupants looking to offset their mortgage by living in one unit and renting the other.
Both units are equipped with private yards and attached one-car garages, providing a level of privacy and convenience that is highly attractive to quality long-term tenants.
Unit 2040 features a remodeled full bath and newer flooring, reducing the immediate need for capital improvements and allowing for higher rental positioning for that unit.
With long-term tenants in Unit 2038, there is a high probability that the current rental income is below market rates, potentially impacting immediate cash flow yields.
Each 2-bedroom unit averages roughly 864 square feet, which may be perceived as small for families or tenants requiring more generous living and storage space.
Excellent income-producing duplex in a convenient Santa Rosa location with a rare owner-occupant opportunity. Each unit offers 2 bedrooms, 1.5 baths, a private yard, and an attached one-car garage. Unit 2038 is freshly painted and move-in ready, making it an ideal opportunity for an owner-occupant or to lease at current market rents. Unit 2040 is tenant occupied, providing immediate rental income from day one. Both units are well maintained and in good condition. Whether you're looking to offset your mortgage by living in one unit while renting the other or add a solid investment property to your portfolio, this duplex offers flexibility, income potential, and long-term value in a desirable Santa Rosa location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,728 | - |
| Lot Size | 6,599 | - |
| Price | $750.0K | $798.2K |
| Price per sq ft | $434 | $432 |
| Built year | 1988 | 0 |
| HOA | $0 | $0 |
| Days on market | 112 | 74 |
Apr 2, 2026
$750,000
Initial Listing
Sep 24, 2010
$349,000
Public Record