
Sonoma, CA 95476
A rare opportunity to own a fully remodeled fourplex just steps from Sonoma Plazacombining strong existing income, immediate upside, and the flexibility to enjoy part of the property yourself. Located at 528 3rd St W in Sonoma, this stunning 4 Unit multifamily property sits on a generous 9,300 sq ft lot and includes four spacious 2-bedroom, 1-bath residences. Three of the four units are currently leased and producing approximately $102,000 in annual rental income, while the fourth unit is ready for the next owner to decide how best to maximize the opportunity. All units have been beautifully remodeled. The flexibility of having one available unit to new ownership makes this offering especially unique for an investor, second-home buyer, or anyone looking to combine lifestyle and real estate ownership. Each residence has been thoughtfully remodeled with quartz countertops, stainless steel appliances, gas ranges, engineered white oak flooring, split HVAC systems, designer blinds, and modern finishes throughout. Ground-floor units feature private patios, and every residence includes designated covered parking. The property also offers a shared laundry facility with convenient app-based payment and separate metering for utilities and water, helping simplify management and operating expenses. The location is equally compelling. Just a short walk from historic Sonoma Plaza, residents have easy access to restaurants, cafs, shopping, entertainment, and everything that makes downtown Sonoma such a desirable place to live. 528 3rd St W is more than an income property, it is a rare Sonoma asset offering immediate cash flow, additional income potential, and the opportunity to personally enjoy a piece of Wine Country. Fill the fourth unit and maximize the property's revenue, or keep it for yourself as a luxury Sonoma retreat. Either way, this is a truly special property to own.
Property is new construction or fully renovated.
The property is a fully and recently remodeled fourplex in mint condition. It features brand new kitchens with quartz countertops and stainless steel appliances, completely updated bathrooms with modern fixtures, new engineered white oak flooring, and updated split HVAC systems, requiring zero immediate maintenance.
Situated just steps from the historic Sonoma Plaza, the property offers unparalleled access to world-class dining, shopping, and entertainment, ensuring high tenant demand and long-term appreciation.
The building has been fully remodeled with high-end finishes, including quartz countertops, engineered white oak flooring, and split HVAC systems, minimizing immediate capital expenditure for the new owner.
With one unit currently vacant, the property provides a unique opportunity for an owner-user to occupy a luxury unit while collecting income, or for an investor to immediately capture market-rate rents.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4374, other record living area = 3318.
Despite the high-end interior remodels, the property utilizes a shared laundry facility rather than in-unit washers and dryers, which may be a drawback for premium-tier tenants.
While the units are beautifully updated, the original 1966 construction may still present long-term maintenance needs for core structural or plumbing systems not fully replaced during the cosmetic remodel.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,374 | 4,230 |
| Lot Size | 9,300 | 65,776 |
| Price | $2.19M | $1.30M |
| Price per sq ft | $502 | $307 |
| Built year | 1966 | 1900 |
| HOA | $0 | $0 |
| Days on market | 45 | 62 |
Sep 9, 2026
$2,195,000
Initial Listing
Aug 18, 2025
$1,919,500
Public Record
May 20, 2024
$600,000
Public Record
May 20, 2024
$120,000
Public Record
May 20, 2024
$82,500
Public Record
May 20, 2024
$120,000
Public Record
Feb 8, 2022
$250,000
Public Record
Nov 8, 2021
$190,000
Public Record
Nov 8, 2021
$276,000
Public Record
Aug 4, 2021
$160,000
Public Record