Six-Unit Apartment Building with Covered
For Sale
$1,100,000
2100 S Dora Street, Ukiah, CA 95482
MULTI_FAMILY - Ukiah, CA
Property Size5,500 SF
Lot Size0.40 Acres
Price / SF$200
Days on Market40
Property Features for 2100 S Dora Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 7, Bedroom 5, Bedroom 8, Bedroom 9, Bedroom 12, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 11, Bedroom 1, Bedroom 10, Bedroom 3, Bathroom 4, Bedroom 2
Parking
10
Parking features
Covered
Lot features
Corner Lot
Directions
South State Street to Fircrest Drive to S Dora Street
Subdivision
Ukiah
Standard status
Active
APN
1802002000
Size
5,500 SF
Lot size
0.40 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Window Unit(s)
Water source
Public
Amenities
on-site laundry facility
covered parking
Building Details
Year built
1975
Number of units
6
Listing Agency:
Keller Williams Realty
(707) 708-8157
Listed By:
Judy Chen · License #02003849
(707) 486-6802
Added: Jul 23
Changed: Aug 14
Last Checked: Aug 31 at 1:06PM
MLS# 326063262
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained six-unit apartment building offers an attractive mix of two-bedroom homes, including four 2-bedroom, 1-bath apartments and two spacious 2-bedroom, 1.5-bath, two-story townhouses. The property includes an on-site laundry facility and covered parking, with Unit #6 featuring a large private backyard.
The building was constructed in 1975 and is served by public water and public sewer. Heating is provided via central heating, and cooling is available through window unit(s).
Set on a 0.4014-acre lot, the building provides 5,500 square feet of space. It’s positioned in the south Ukiah area near shopping, restaurants, and everyday amenities.
The building was constructed in 1975 and is served by public water and public sewer. Heating is provided via central heating, and cooling is available through window unit(s).
Set on a 0.4014-acre lot, the building provides 5,500 square feet of space. It’s positioned in the south Ukiah area near shopping, restaurants, and everyday amenities.
Key Highlights
- Six‑unit apartment building with four 2‑bedroom, 1‑bath apartments plus two 2‑bedroom, 1.5‑bath two‑story townhouses
- On‑site laundry facility and covered parking
- Unit #6 includes a large private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,800
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$936,000
$936.0K
Cap Rate 7%
$668,571
$668.6K
Cap Rate 9%
$520,000
$520.0K
Market Conditions
NOI Build-Up for 5,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$89.1K $16.20/SF
− Vacancy
−$4.0K −$0.73/SF
EGI
$85.1K $15.47/SF
− OpEx
−$38.3K −$6.96/SF
NOI
$46.8K $8.51/SF
Area
Mendocino County, CA
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$936,000
Cap Rate 7%
$668,571
Cap Rate 9%
$520,000
Alternative Uses
Best Use
Apartment 5plus
$668.6K
$585.0K – $780.0K
NOI $46,800 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$2.06M
$1.80M – $2.40M
NOI $143,938 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 95482, CA
33,276
Population
13,143
Households
2.5
Avg Household Size
39
Median Age
21%
College-Educated
84%
High-School Grad
294.2 sq mi
ZIP Area
113
Density / Sq Mi
$70,063
Median Household Income
$38,707
Median Earnings
$1,335
Median Rent
$473,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit property in south Ukiah with on-site laundry, covered parking, and a mix of 2-bedroom apartments and townhouses.
Where is this apartment building located?
The property is located at 2100 S Dora Street Ukiah, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six‑unit apartment building with four 2‑bedroom, 1‑bath apartments plus two 2‑bedroom, 1.5‑bath two‑story townhouses; On‑site laundry facility and covered parking; Unit #6 includes a large private backyard
