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487 Hearn Ave, Santa Rosa, CA, 95407
Santa Rosa Triplex For Sale

487 Hearn Ave Santa Rosa, CA 95407

For Sale
$849,000

MULTI_FAMILY - Santa Rosa, CA

Property Size1,989 SF
Lot Size0.22 Acres
Price / SF$426.85
Days on Market407

Property Features for 487 Hearn Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Rooms Bathroom 1, Bathroom 5, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3
Fencing Fenced
Standard status Active
APN 043053058000
Size 1,989 SF
Lot size 0.22 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Building Details

Year built 1973
Number of units 3
Flooring type Carpet - Partial
Building materials Siding - Stucco
Roof type Composition
Listing Agency: United Brokers Real Estate
Listed By: An Chi Ly · License #01374021
Added: Jun 18, 2025 Changed: Jul 28 Last Checked: Jul 29 at 11:06PM
MLS# 41101848

Copyright © 2026 Bay East. 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 triplex in Santa Rosa, California, features one 3-bedroom, 2-bathroom unit, one 2-bedroom, 2-bathroom unit, and one 1-bedroom, 1-bathroom unit. Situated on a 0.2227-acre lot, the property includes private fenced yards for the end units. Previous improvements include siding, a membrane roof, dual-pane windows, and fencing. The property features low-maintenance landscaping, three covered parking spaces, and three uncovered spaces. Located down a private driveway in a quiet setting, this property offers an opportunity to live in one unit and rent the others, or hold as an investment. The property has stable tenants. The building size is 1989 square feet.

Key Highlights

  • Triplex built in 1973 with three units: 3 bed/2 bath, 2 bed/2 bath, and 1 bed/1 bath
  • Each end unit includes a private fenced yard
  • Exterior updates include siding and fencing; roof includes a membrane roof and composition roofing

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $58.5k $29.40
− Vacancy −$3.2k −$1.62
EGI $55.3k $27.78
− OpEx −$16.6k −$8.33
NOI $38.7k $19.45
1,989 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$552.6K
$483.5K – $644.7K (±1% cap)
NOI $38,682 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$496.3K
$434.3K – $579.0K (±1% cap)
NOI $34,742 @ 7.0% cap · market cap 4.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Real Estate Agency Spa & Massage Center Accounting Firm

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with units, yards, parking, and stable tenants.
Where is this triplex located?
The property is located at 487 Hearn Ave Santa Rosa, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Triplex built in 1973 with three units: 3 bed/2 bath, 2 bed/2 bath, and 1 bed/1 bath; Each end unit includes a private fenced yard; Exterior updates include siding and fencing; roof includes a membrane roof and composition roofing
More about this property
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