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Triplex with Private Yards
New
For Sale
$949,000

1181 Clover Drive, Santa Rosa, CA 95401

Residential Income, Santa Rosa, CA

Property Size2,482 SF
Lot Size0.51 Acres
Price / SF$382.35
Days on Market2

Property Features for 1181 Clover Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 7, Bathroom 3
Parking 8
Parking features Carport, Garage, Guest
Window features Screens
Patio and Porch features Patio
Exterior features Private Yard, Yard Space
Appliances Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Gas Oven, Free-Standing Gas Range, Gas Water Heater
Lot features Shape Regular
Directions W. College Ave. to Right on Clover
Subdivision Santa Rosa-Northwest
Standard status Active
APN 010522021000
Size 2,482 SF
Lot size 0.51 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Wall Furnace, Natural Gas, Electric (Heating)
Cooling system Ceiling Fan(s)
Water source Public

Amenities

laundry hookups
private yards

Building Details

Year built 1945
Floors in Building 1
Number of units 3
Flooring type Laminate, Simulated wood, Linoleum, Carpet
Building materials Wood Siding
Roof type Composition
Architectural style Ranch
Listing Agency: Bertolone Realty
Listed By: Joe McNeany
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 9:06PM
MLS# 326085880

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 1945 triplex contains 2,482 square feet across three detached, separately metered residences on a 0.5134-acre parcel. Each unit has a front and rear yard, and laundry hookups are located inside each residence. Recent work includes new flooring and interior paint; the composition roofs are 15 years old.

Public water and sewer serve the property. Restaurants, grocery shopping, and schools are within a short walk. Parking features include a carport, garage, and guest parking.

Key Highlights

  • Three detached residences, each separately metered
  • 2,482 square feet on a 0.5134‑acre parcel
  • Front and rear yard space at each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,270
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,400 $965.4K
Cap Rate 7%
$689,571 $689.6K
Cap Rate 9%
$536,333 $536.3K
Market Conditions
NOI Build-Up for 2,482 SF
Gross rent
$73.0K $29.40/SF
− Vacancy
−$4.0K −$1.62/SF
EGI
$69.0K $27.78/SF
− OpEx
−$20.7K −$8.33/SF
NOI
$48.3K $19.45/SF
Area
Santa Rosa, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,400
Cap Rate 7%
$689,571
Cap Rate 9%
$536,333

Alternative Uses

Best Use
Multifamily LT 5
$689.6K
$603.4K – $804.5K (±1% cap)
NOI $48,270 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$619.3K
$541.9K – $722.6K (±1% cap)
NOI $43,354 @ 7.0% cap · market cap 4.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Restaurant Parking Lot & Garage Building Supply Auto Parts Store Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 95401, CA

37,272
Population
14,281
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
80%
High-School Grad
20.9 sq mi
ZIP Area
1,783
Density / Sq Mi
$93,513
Median Household Income
$45,630
Median Earnings
$1,978
Median Rent
$628,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three detached residences are separately metered and have interior laundry hookups.
Where is this triplex located?
The property is located at 1181 Clover Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three detached residences, each separately metered; 2,482 square feet on a 0.5134‑acre parcel; Front and rear yard space at each unit
More about this property
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