
Santa Rosa, CA 95407
This Versatile Residential Triplex is listed at $849,000, representing a stable entry point near its $805,579 Fair Market Value. The property features a diverse 3BR/2BA, 2BR/2BA, and 1BR/1BA unit mix and maintains a Condition Rating of 4 following essential exterior upgrades like a membrane roof and dual-pane windows. With six parking spaces and private fenced yards, the asset offers significant value-add potential through interior modernization of the kitchens and baths. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-upside house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 487 Hearn Ave Subject | $849,000* List Price | 0 | 0 | 1,989 | $396 | - |
A 1447 Beachwood Drive Sold | $735,000 | 4 | 2 | 1,808 | $407 | 0.6 mi |
B 2553 Corby Avenue Active | $849,000 List Price | 0 | 0 | 2,256 | $376 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old but has received essential exterior updates including a membrane roof, siding, and dual-pane windows. However, the interiors remain dated with older cabinetry, white appliances, popcorn ceilings, and wall heaters, indicating that kitchens and baths are likely 20-30 years old and in need of modernization.
The property features a diverse configuration of 3BR/2BA, 2BR/2BA, and 1BR/1BA units, providing excellent flexibility for an owner-occupant or a variety of tenant profiles.
Previous upgrades to the siding, membrane roof, dual-pane windows, and fencing reduce immediate capital expenditure requirements and enhance the property's durability.
Located down a private driveway in a quiet setting, the property offers six parking spaces (three covered) and private fenced yards for end units, which are highly desirable tenant amenities.
While stable long-term tenants provide security, they often indicate that current rents may be below market value, requiring a strategic plan to realize the property's full income potential.
A recent $50,000 price reduction from the original list price suggests the property faced initial market resistance or was previously positioned above current valuation trends.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,989 | - |
| Lot Size | 9,700 | - |
| Price | $849.0K | $798.2K |
| Price per sq ft | $427 | $432 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 400 | 74 |
Apr 26, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
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