2553 Corby Avenue, Santa Rosa, CA 95407, Santa Rosa, 95407 - 0 bed, 0 bath
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Santa Rosa, CA 95407
This Residential Income Triplex enters the market at $865,000, representing a stable entry point near its $831,623 Fair Market Value. The asset delivers exceptional cash flow through three 2-bedroom, 1-bath units featuring a Favorable Utility Structure with separate meters to minimize owner expenses. With a Condition Rating of 4, the property presents a clear Value-Add opportunity through interior modernization to capture higher market rents. Boasting private fenced patios and carport parking, this high-demand configuration is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking consistent rental income in Santa Rosa.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2553 Corby Avenue Subject | $849,000* List Price | 0 | 0 | 2,256 | $366 | - |
A 1447 Beachwood Drive Sold | $735,000 | 4 | 2 | 1,808 | $407 | 0.6 mi |
B 487 Hearn Ave Active | $849,000 List Price | 0 | 0 | 1,989 | $427 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this triplex is functional and occupied but shows significant signs of age and deferred cosmetic maintenance. The kitchen features mismatched, worn cabinetry and dated fixtures. Interior details include popcorn ceilings and older wall-mounted heating units. While the property has some updates like dual-pane windows and some newer laminate flooring, it requires modernization in the kitchens and bathrooms to meet current market standards.
Separate gas and electric meters with tenants paying their own utilities and trash significantly reduces owner overhead and maximizes net operating income.
The property consists of three 2-bedroom, 1-bath single-level units, a highly rentable configuration that appeals to a broad tenant base and ensures consistent occupancy.
Each unit features private fenced back patios, dual-pane windows, and carport parking, which are premium features that justify higher rents and improve tenant retention.
Built in 1963, the property may require ongoing capital expenditures for aging systems such as plumbing or electrical, despite being currently well-maintained.
The property is accessed via a shared lane, which can occasionally present challenges regarding shared maintenance responsibilities and limited space for guest parking.
Excellent single-level triplex in Santa Rosa, comprised of three 2-bedroom, 1-bath units. The property is set back from Corby Ave and accessed via a shared lane. Well-maintained units, carport parking, and a shared laundry area. Each unit features dual-pane windows, spacious fenced back patios, and separate gas and electric meters. Tenants pay utilities and trash. Exceptional cash flow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 6.0 | 20% |
| Baths | 0.0 | 4.0 | 20% |
| Square foot | 2,256 | 2,304 | 40% |
| Lot Size | 6,482 | 10,311 | 20% |
| Price | $849.0K | $849.0K | 50% |
| Price per sq ft | $376 | $340 | 60% |
| Built year | 1963 | 1969 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 267 | 20% |
Jun 4, 2026
$849,000
$865,000
-2% Price Drop
Initial Listing
May 6, 2026
$865,000
$879,000
-2% Price Drop
Initial Listing
Mar 30, 2026
$879,000
Initial Listing