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    Residential Triplex with Attached Garages Title is generated by Realmo AI

    1270 Mill Creek Way, Fortuna, CA 95540

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    Claim this Listing
    New
    For Sale
    $650,000

    MULTI_FAMILY - Other - Fortuna, CA

    Property size:
    2,566 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $253/SF
    Added:
    Jun 10, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 14 at 4:06 am

    Property Features for 1270 Mill Creek Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Single Family
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
    Parking features
    Offsite
    Standard status
    Active
    Size
    2,566 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1953
    Floors in Building
    1
    Number of units
    3
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Matt Allen
    Matt Allen

    Listing agent Matt Allen License #01305904

    Listing office Humboldt Equity, Inc. PO Box 578, Fortuna, CA

    Listing date Jun 10, 2026

    MLS# 272552 Listing URL

    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.

    HighLights

    • Fortuna home with duplex: 3‑bed/2‑bath 1,275 SF plus 2‑bed/2‑bath 700 SF and 1‑bed/1‑bath 560 SF units
    • Current rents listed as $1,900 (primary), $1,400 (duplex 2‑bed/2‑bath), and $1,100 (duplex 1‑bed/1‑bath)
    • Each unit has its own laundry facilities and separately metered PGE gas and electric
    • Owner‑paid utilities include water and sewer; sewer service is public sewer
    • Year built: 1953; roof type: shingle
    • Two attached storage garages; parking feature listed as offsite

    Overview

    This property features a primary home and a duplex, configured as three separate residential units. The primary residence is 1,275 square feet with 3 bedrooms and 2 bathrooms. The duplex includes two additional units: a 700-square-foot 2-bedroom, 2-bath unit and a 560-square-foot 1-bedroom, 1-bath unit. All units benefit from their own laundry facilities and comfortable yards. Each unit has separately metered PGE gas and electric, with the owner paying water and sewer. The property also includes two attached storage garages.

    Located in Fortuna, this home sits at the end of a residential neighborhood as it transitions to larger parcels. The listing is offered for sale with showings by appointment only.

    Designed for owners who want both live-in flexibility and rental income, the layout supports a conventional purchase approach and can also function as a primary residence with tenant-supported cash flow. With separate utilities for gas and electric across all units, day-to-day operating responsibilities may be simplified for an owner-occupant or investor. Units have current rents of $1,900, $1,400, and $1,100.

    Local 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 $50.8k $19.80
    − Vacancy −$3.4k −$1.32
    EGI $47.4k $18.48
    − OpEx −$14.2k −$5.54
    NOI $33.2k $12.94
    2,566 SF · lease $19.80/SF/yr · vacancy 6.65% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $474.3K
    $415.0K – $553.3K (±1% cap)
    NOI $33,200 @ 7.0% cap · market cap 5.11%
    Second Best
    Apartment 5plus
    $436.5K
    $381.9K – $509.3K (±1% cap)
    NOI $30,555 @ 7.0% cap · market cap 4.70%
    Theoretical Best
    Flex RnD
    $969.0K
    $847.9K – $1.13M (±1% cap)
    NOI $67,832 @ 7.0% cap · market cap 10.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fortuna
    County
    Humboldt
    State
    California
    Longitude
    -124.138503
    Latitude
    40.575931

    FAQs

    What type of property is this?
    Triplex - Three well-maintained units each with laundry and yards, plus two attached storage garages for added convenience.
    Where is this triplex located?
    The property is located at 1270 Mill Creek Way Fortuna, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Fortuna home with duplex: 3‑bed/2‑bath 1,275 SF plus 2‑bed/2‑bath 700 SF and 1‑bed/1‑bath 560 SF units; Current rents listed as $1,900 (primary), $1,400 (duplex 2‑bed/2‑bath), and $1,100 (duplex 1‑bed/1‑bath); Each unit has its own laundry facilities and separately metered PGE gas and electric
    More about this property
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