
Santa Rosa, CA 95403
This duplex presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned above the $596,415 Fair Market Value. While the property requires capital improvements due to its Fair Condition Rating, the dual-unit configuration with private laundry and separate backyards provides immediate rental revenue. The central Santa Rosa location ensures consistent demand, though the aging infrastructure necessitates a strategic renovation plan to maximize long-term ROI. This asset is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a stable income-producing property.
Property is moderate renovation needed.
Built in 1963, this property is over 60 years old and shows significant signs of age. While the interior features some newer laminate flooring and appears functional for rental purposes, the exterior stucco is weathered, landscaping is unkempt, and the overall aesthetic is dated. Lack of mention regarding updated HVAC or electrical systems suggests they are likely older, requiring modernization to meet current market standards.
As a well-configured duplex with two distinct units (2BR/1.5BA and 2BR/1BA), this property offers immediate rental revenue and long-term investment stability.
The inclusion of private interior laundry hookups and separate backyard spaces for each unit significantly enhances tenant appeal and retention rates.
The property's proximity to Santa Rosa's shopping, dining, and transportation hubs ensures consistent rental demand and ease of management.
Built in 1963, the property may require near-term capital improvements or updates to major systems to maintain its value and functionality.
With only one detached garage serving two separate households, parking logistics and covered storage may be a point of contention for future tenants.
Welcome to 651 Russell Avenue, a single-level two-unit property offering steady income along with real, long-term investment opportunity. The property consists of 651 Russell, a 2 bedroom/1.5 bath unit and 653 Russell, a 2 bedroom/1 bath unit. Both units have their own interior laundry and separate backyard spaces. A detached garage and separate storage shed add to the value and flexibility of the property. Centrally located with easy access to shopping, restaurants, transportation and many in-town services and amenities. This property offers reliable income with the potential for substantial growth over time.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 33% |
| Baths | 0.0 | 6.0 | 33% |
| Square foot | 2,167 | 2,168 | 33% |
| Lot Size | 8,838 | 8,838 | 50% |
| Price | $650.0K | $920.0K | 33% |
| Price per sq ft | $300 | $405 | 33% |
| Built year | 1963 | 2001 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 115 | 33% |
Jun 1, 2026
$650,000
Initial Listing