
Santa Rosa, CA 95407
Analysis of 487 Hearn Ave, Santa Rosa, CA 95407 is currently available with a list price of $899,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Rosa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1973, the property has received significant exterior updates including a newer membrane roof, siding, and dual-pane windows. However, the interior is noted for having vintage infrastructure and aging finishes. While well-maintained for its age with stable tenants, the kitchens and bathrooms likely require modernization to meet current contemporary standards.
The property features a diverse configuration of 3/2, 2/2, and 1/1 units, providing excellent flexibility for an owner-occupant to live in one while generating significant rental income from the others.
Key structural updates including a newer membrane roof, siding, and dual-pane windows reduce immediate maintenance concerns and improve energy efficiency for the owner.
Located down a private driveway, the property offers a quiet setting with an exceptional parking ratio of six total spaces (three covered), which is a high-value asset for multi-family housing.
The presence of long-term, stable tenants often suggests that current rental rates may be below market value, which could impact immediate yield for a pure investment buyer.
As a 1973 build, the property may require future investments in aging interior finishes or utility systems that have not been modernized to current contemporary standards.
Prime triplex consisting of one 3 bed/2 bath unit, one 2 bed/2 bath & one 1 bed/1 bath unit. Both end units have private fenced yards. Previous improvements include siding, membrane roof, dual pane windows and fencing. Low maintenance landscape. 3 covered parking spaces and 3 uncovered. Down a private driveway and in a quiet setting. Wonderful opportunity to live in one and rent the others or hold for investment. Stable tenants for years. Please do not disturb tenants. Thank you.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 5.0 | 13% |
| Baths | 0.0 | 3.0 | 25% |
| Square foot | 1,989 | 1,898.5 | 50% |
| Lot Size | 9,700 | 9,641.5 | 50% |
| Price | $899.0K | $817.0K | 50% |
| Price per sq ft | $452 | $397 | 75% |
| Built year | 1973 | 1965 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 308 | 214 | 88% |
Jun 18, 2025
$899,000
Initial Listing
Aug 23, 2016
$474,000
Public Record
Mar 27, 2013
$190,000
Public Record
Aug 1, 2001
$330,000
Public Record
Jun 26, 2001
$229,000
Public Record
Feb 4, 2000
$209,500
Public Record
May 21, 1997
$135,000
Public Record