Duplex With Separate
For Sale
$329,900
1027 D Street, Eureka, CA 95501
Multi-Family, Eureka, CA
Property Size1,680 SF
Lot Size0.16 Acres
Price / SF$196.37
Days on Market317
Property Features for 1027 D Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Single Family
Bedrooms
1
Bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Lot features
Flat
Elementary school
Agnes Johnson
Middle school
Fortuna
High school
Arcata
Elementary school district
Eureka
Middle school district
Eureka
High school district
Eureka
Directions
HWY-101/ Broadway St. to Clark St., Go East to D street Turn left. House on Right
Subdivision
South Bay
Standard status
Active
APN
004-161-009
Size
1,680 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Amenities
indoor laundry room
garage/storage
fruit trees
Building Details
Year built
1890
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
California Real Estate
(707) 845-5988
Listed By:
Michael Pohl · License #01827171
(707) 599-3596
Added: Nov 12, 2025
Changed: Sep 13
Last Checked: Sep 25 at 9:06AM
MLS# 271064
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 Eureka duplex contains a primary residence and a second-story ADU with one bedroom and one bathroom. The 1,680-square-foot property was built in 1890 and includes an indoor laundry room, garage/storage space, vinyl and carpet flooring, and appliances that remain with the property. The first-floor residence has new carpet and freshly painted interior areas. A shingle roof was replaced in 2014, and the property has a new forced-air heating unit.
Gas and electric service are separately metered for the two units, with one water heater serving each. Public sewer serves the property. The 0.16-acre parcel includes landscaped grounds with hedgerows and plum, apple, cherry, fig, and pear trees. Located at 1027 D Street in Eureka, the property is close to downtown.
Gas and electric service are separately metered for the two units, with one water heater serving each. Public sewer serves the property. The 0.16-acre parcel includes landscaped grounds with hedgerows and plum, apple, cherry, fig, and pear trees. Located at 1027 D Street in Eureka, the property is close to downtown.
Key Highlights
- Primary residence plus second‑story 1 Bedroom 1 Bath ADU
- Separate gas and electric meters for each unit
- Two water heaters, with one dedicated to each unit
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
$21,736
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
6.59%
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%
$434,720
$434.7K
Cap Rate 7%
$310,514
$310.5K
Cap Rate 9%
$241,511
$241.5K
Market Conditions
NOI Build-Up for 1,680 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
$33.3K $19.80/SF
− Vacancy
−$2.2K −$1.32/SF
EGI
$31.1K $18.48/SF
− OpEx
−$9.3K −$5.54/SF
NOI
$21.7K $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%
$434,720
Cap Rate 7%
$310,514
Cap Rate 9%
$241,511
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.3K
NOI $21,736 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$285.8K
$250.1K – $333.4K
NOI $20,005 @ 7.0% cap · market cap 6.06%
Theoretical Best
Flex RnD
$634.4K
$555.1K – $740.2K
NOI $44,411 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 95501, CA
23,323
Population
10,577
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,195
Density / Sq Mi
$55,076
Median Household Income
$34,476
Median Earnings
$1,151
Median Rent
$389,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a primary home and a second-story one-bedroom, one-bath ADU.
Where is this duplex located?
The property is located at 1027 D Street Eureka, CA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Primary residence plus second‑story 1 Bedroom 1 Bath ADU; Separate gas and electric meters for each unit; Two water heaters, with one dedicated to each unit
