512 518 Kentucky Street, Petaluma, CA 94952, Petaluma, 94952 - 8 bed, 4 bath
512 518 Kentucky Street
Petaluma, CA 94952
Property Price
SUMMARY
Analysis of 512 518 Kentucky Street, Petaluma, CA 94952 is currently available with a list price of $1,895,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Petaluma 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property features four units that have been extensively and recently remodeled to a turnkey standard. Interior upgrades include high-quality engineered flooring, modern kitchens with quartz countertops and stainless steel appliances, and updated thermal pane windows. While the structure dates to 1968, the comprehensive interior renovations and updated systems meet the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime West Side Location
Situated just blocks from downtown Petaluma in a highly sought-after neighborhood, this location ensures strong tenant demand and long-term appreciation potential.
- Turnkey Remodeled Units
All four units have been updated with high-quality finishes including quartz countertops, stainless steel appliances, and engineered flooring, reducing the need for immediate capital improvements.
- Enhanced Tenant Amenities
The property features rare multi-family perks such as a large rear yard with a social pergola, owned onsite laundry, and a detached garage with additional storage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
- Limited On-Site Parking
With only two garage spaces for four two-bedroom units, the property may face parking challenges for tenants with multiple vehicles.
- Aging Core Infrastructure
While the interiors are remodeled, the 1968 construction date suggests that original structural or mechanical systems may require more frequent maintenance compared to newer builds.
About 512 518 Kentucky Street
Here's the investment opportunity you've been looking for! Location and cash flow describe this attractive 4 unit building located on Petaluma's charming west side. Blocks from downtown, this sought after location will attract long term tenants for years to come. Property includes 4 remodeled 2 bedroom, 1 bath units totaling approximately 2800+/- sf with quality engineered flooring, stainless steel appliances, quartz counters, thermal pane windows, gas ranges, heating and more. There is an onsite laundry room with commercial washers and dryers (owned) as well as a large rear yard with a covered pergola social area. Additionally, there is a detached garage with two single-car spaces with additional storage that are offered to tenants when available.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1968
- Lot Size
- 8,625 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 4 (4 Full, 0 Half)
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 75% |
| Baths | 4.0 | 3.5 | 50% |
| Square foot | 2,800 | 2,745.5 | 50% |
| Lot Size | 8,625 | 8,588 | 50% |
| Price | $1.90M | $1.00M | 75% |
| Price per sq ft | $677 | $440 | 75% |
| Built year | 1968 | 1934 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 117 | 50% |
Pricing History
Listed for Sale
Nov 14, 2025
$1,895,000
Initial Listing
Sold
Oct 15, 2019
$1,379,000
Public Record