2038 Terry Road, Santa Rosa, CA 95403, Santa Rosa, 95403 - 0 bed, 0 bath
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2038 Terry Road
Santa Rosa, CA 95403
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,728Sq Ft
6,599Lot Size
Property Price
LIST PRICE$741,500
EST. MARKET VALUE
$619,019
19% AboveMARKET VALUE
SUMMARY
This duplex represents a Strong Value Opportunity, listed at $750,000—positioned above the $663,534 Fair Market Value. While the property carries a premium, it offers a stable Buy-and-Hold Investment profile with immediate cash flow from a tenant-occupied unit. Featuring a Condition Rating of 4, the property provides a functional, well-maintained layout with private yards and garages. The unique creek-side view adds long-term appeal. This is an ideal acquisition for Owner-Occupants seeking to offset mortgage costs or investors looking for a reliable, income-producing asset in Santa Rosa.
Estimated Market Value
$619,019
Based on Realkey algorithm analyzing recent comparable sales in Santa Rosa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2038 Terry Road Subject | $741,500* List Price | 0 | 0 | 1,728 | $358 | - |
A 2601 Northcoast Street Sold | $645,000 | 0 | 0 | 2,020 | $319 | 0.3 mi |
B 651 Russell Avenue Sold | $658,200 | 0 | 0 | 2,167 | $304 | 0.9 mi |
C 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1988 (36 years old), the property exceeds the 20-year threshold for 'Good' without a full recent renovation. While well-maintained and move-in ready with some updated flooring and fresh paint, the bathrooms feature dated oak-style vanities and laminate countertops consistent with the 'Fair' criteria for older, functional properties needing cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Owner-Occupant Potential
Unit 2038 is freshly painted and move-in ready, offering a rare opportunity for a buyer to live in one unit while offsetting their mortgage with rental income from the second unit.
- Immediate Cash Flow
Unit 2040 is currently tenant-occupied, providing the new owner with immediate rental income from day one and reducing the initial financial burden of the investment.
- Desirable Unit Amenities
Each unit features a private yard and an attached one-car garage, providing the privacy and storage solutions that are highly sought after by quality long-term tenants.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
The property has been active for 135 days, which may suggest that the list price is high relative to current market demand or that there are underlying buyer hesitations.
- Compact Living Space
With a total of 1,728 square feet for two units, each unit offers approximately 864 square feet, which may be considered small for families seeking more spacious 2-bedroom accommodations.
About 2038 Terry Road
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1988
- Lot Size
- 6,599 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,728 | 2,601.556 |
| Lot Size | 6,599 | 6,519.556 |
| Price | $741.5K | $817.2K |
| Price per sq ft | $429 | $373 |
| Built year | 1988 | 1973 |
| HOA | $0 | $128 |
| Days on market | 160 | 71 |
Pricing History
Listed for Sale
Aug 22, 2026
$741,500
$750,000
-1% Price Drop
Initial Listing
Price Change
Apr 2, 2026
$750,000
Initial Listing
Sold
Sep 24, 2010
$349,000
Public Record