Turnkey Duplex with Two
3233 Nielsen Court Santa Rosa, CA 95404
3233 Nielsen Court, Santa Rosa, CA, 95404
$998,000
For Sale
$998,000
Legally a duplex offering two remodeled 3-bedroom, 2.5-bath homes with dedicated laundry and attached two-car garages.
Property Size4,078 SF
Price / SF$244.73
Days on Market464
Property Features for 3233 Nielsen Court
General Information
- Standard status
- Active
- Size
- 4,078 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1996
Listing agency
Coldwell Banker Realty
(650) 558-4200
Listed by
Daniel Buckley Chavez · License #01962446
Source
Exitrealty
Added: Apr 15, 2025 Updated: Jul 21 at 8:00AM Checked: Jul 21 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This turnkey duplex is legally configured as two twin homes sharing one wall. Both residences were built in 1996 and feature high-ceiling living areas with open layouts that connect living to dining and kitchen. Each home includes a primary suite with a walk-in closet, a dedicated laundry room, and an attached two-car garage with its own address and separate utility meters.
Unit 3235 is the larger home and includes an oversized living room plus an additional family room, along with an outdoor deck area. Unit 3233 is the smaller companion unit with its own 3-bedroom, 2.5-bath layout. Both units have recently been remodeled “from top to bottom,” presented as move-in ready.
The property is set in a peaceful cul-de-sac within a Santa Rosa neighborhood, with nearby shopping, stores, and restaurants along Mendocino Avenue. Each home’s arrangement is designed for separation and privacy while keeping the duplex configuration intact.
Unit 3235 is the larger home and includes an oversized living room plus an additional family room, along with an outdoor deck area. Unit 3233 is the smaller companion unit with its own 3-bedroom, 2.5-bath layout. Both units have recently been remodeled “from top to bottom,” presented as move-in ready.
The property is set in a peaceful cul-de-sac within a Santa Rosa neighborhood, with nearby shopping, stores, and restaurants along Mendocino Avenue. Each home’s arrangement is designed for separation and privacy while keeping the duplex configuration intact.
Key Highlights
- Legally a duplex with two 3‑bedroom, 2.5‑bath homes, one shared wall (built in 1996)
- Both units have been recently remodeled from top to bottom for move‑in readiness
- Each home has dedicated laundry room plus an attached two‑car garage with separate address and separate utility meters
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 | $119.9k | $29.40 |
| − Vacancy | −$6.6k | −$1.62 |
| EGI | $113.3k | $27.78 |
| − OpEx | −$34.0k | −$8.33 |
| NOI | $79.3k | $19.45 |
4,078 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$991.4K – $1.32M
NOI $79,309 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$1.02M
$890.4K – $1.19M
NOI $71,232 @ 7.0% cap · market cap 7.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Legally a duplex offering two remodeled 3-bedroom, 2.5-bath homes with dedicated laundry and attached two-car garages.
Where is this duplex located?
The property is located at 3233 Nielsen Court Santa Rosa, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Legally a duplex with two 3‑bedroom, 2.5‑bath homes, one shared wall (built in 1996); Both units have been recently remodeled from top to bottom for move‑in readiness; Each home has dedicated laundry room plus an attached two‑car garage with separate address and separate utility meters
