Three-Unit Townhouse Income
For Sale
$900,000
Pending
825 12th Street, Arcata, CA 95521
MULTI_FAMILY - Other - Arcata, CA
Property Size3,040 SF
Lot Size0.17 Acres
Days on Market49
Property Features for 825 12th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
6
Bathrooms
2
Full bathrooms
6
Half bathrooms
4
Rooms
Bathroom 6, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 1
Parking features
Garage
Lot features
In Town, Near Public Trans, Near Shopping
Middle school
Sunnybrae
High school
Arcata
Subdivision
North Bay
Standard status
Pending
Size
3,040 SF
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
1998
Floors in Building
2
Number of units
3
Building materials
Cement Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Coldwell Banker Sellers Realty · Coldwell Banker Real Estate
(707) 822-4337
Listed By:
Belia Stephens · License #02191038
(707) 476-0678
Added: Jun 25
Changed: Jul 23
Last Checked: Aug 12 at 7:06AM
MLS# 272693
Copyright © 2026 Humboldt Association of Realtors. 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 3-unit townhouse property is configured as three separate residences, each featuring two bedrooms and 2.5 baths. Every unit includes a private garage, a porch, and an in-unit washer and dryer, supporting tenant convenience and day-to-day livability. Tenants are responsible for all utilities, and the property is currently producing $61,440 in gross annual income.
The property is located in Arcata and is described as being just blocks from the Arcata Plaza and minutes from Cal Poly Humboldt, with a multi-family zoning designation.
A brand new roof and recent repairs provide a solid base for continued low-maintenance ownership. The lot size is listed as 0.17 acres, and the total property size is 3,040 square feet.
The property is located in Arcata and is described as being just blocks from the Arcata Plaza and minutes from Cal Poly Humboldt, with a multi-family zoning designation.
A brand new roof and recent repairs provide a solid base for continued low-maintenance ownership. The lot size is listed as 0.17 acres, and the total property size is 3,040 square feet.
Key Highlights
- 3‑unit townhouse property built in 1998
- Each 2‑bedroom/2.5‑bath unit includes a private garage, porch, and in‑unit washer/dryer
- Tenants pay all utilities; current gross income is $61,440 annually
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
$39,332
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
4.37%
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%
$786,640
$786.6K
Cap Rate 7%
$561,886
$561.9K
Cap Rate 9%
$437,022
$437.0K
Market Conditions
NOI Build-Up for 3,040 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
$60.2K $19.80/SF
− Vacancy
−$4.0K −$1.32/SF
EGI
$56.2K $18.48/SF
− OpEx
−$16.9K −$5.54/SF
NOI
$39.3K $12.94/SF
Area
Humboldt County, CA
Vacancy
6.65%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
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%
$786,640
Cap Rate 7%
$561,886
Cap Rate 9%
$437,022
Alternative Uses
Best Use
Multifamily LT 5
$561.9K
$491.7K – $655.5K
NOI $39,332 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$517.1K
$452.5K – $603.3K
NOI $36,199 @ 7.0% cap · market cap 4.02%
Theoretical Best
Flex RnD
$1.15M
$1.00M – $1.34M
NOI $80,362 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
Explore this area
Business Placement
Demographics for 95521, CA
21,581
Population
9,797
Households
2.2
Avg Household Size
30
Median Age
45%
College-Educated
95%
High-School Grad
60.4 sq mi
ZIP Area
357
Density / Sq Mi
$54,324
Median Household Income
$24,129
Median Earnings
$1,300
Median Rent
$478,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained 3-unit townhouse with private garages and in-unit washer/dryer, generating $61,440 in current gross income.
Where is this triplex located?
The property is located at 825 12th Street Arcata, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3‑unit townhouse property built in 1998; Each 2‑bedroom/2.5‑bath unit includes a private garage, porch, and in‑unit washer/dryer; Tenants pay all utilities; current gross income is $61,440 annually
