Redwood Triplex with
For Sale
$675,000
14571 Canyon 1 Road, Guerneville, CA 95446
Residential Income, Guerneville, CA
Property Size2,867 SF
Lot Size0.21 Acres
Price / SF$235.44
Days on Market62
Property Features for 14571 Canyon 1 Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2
Parking
4
Parking features
Off Street, Garage
Lot features
Secluded
Directions
Gravenstein Highway to Canyon Road 1. Use GPS for best directions.
Subdivision
Russian River
Standard status
Active
APN
070261067000
Size
2,867 SF
Lot size
0.21 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1992
Floors in Building
2
Number of units
3
Listing Agency:
Coldwell Banker Brokers of the Valley · Coldwell Banker Real Estate
(707) 258-5200
Listed By:
Tracy Warr · License #01443203
(707) 287-1994
Added: Jul 14
Changed: Sep 12
Last Checked: Sep 13 at 9:06AM
MLS# 325092948
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 2,867-square-foot triplex contains three separate two-bedroom, one-bath units, offering a consistent residential layout across the property. Built in 1992, the building uses wall furnaces for heating and includes both garage and off-street parking. Public water and public sewer serve the property.
The 0.2131-acre site is set among mature redwoods behind the Rio Nido Lodge. Downtown Guerneville and River Road are approximately five minutes away, with restaurants, shops, and river access in the surrounding area. Santa Rosa and Sebastopol are each approximately 20 minutes from the property.
The 0.2131-acre site is set among mature redwoods behind the Rio Nido Lodge. Downtown Guerneville and River Road are approximately five minutes away, with restaurants, shops, and river access in the surrounding area. Santa Rosa and Sebastopol are each approximately 20 minutes from the property.
Key Highlights
- Three units, each with a two‑bedroom, one‑bath layout
- 2,867 square feet on a 0.2131‑acre lot
- Built in 1992 with wall furnace heating
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
$23,071
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
3.42%
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%
$461,420
$461.4K
Cap Rate 7%
$329,586
$329.6K
Cap Rate 9%
$256,344
$256.3K
Market Conditions
NOI Build-Up for 2,867 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
$35.1K $12.24/SF
− Vacancy
−$2.1K −$0.74/SF
EGI
$33.0K $11.50/SF
− OpEx
−$9.9K −$3.45/SF
NOI
$23.1K $8.05/SF
Area
Sonoma County, CA
Vacancy
6.08%
Lease Rate
$12.24 /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%
$461,420
Cap Rate 7%
$329,586
Cap Rate 9%
$256,344
Alternative Uses
Best Use
Multifamily LT 5
$329.6K
$288.4K – $384.5K
NOI $23,071 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$303.6K
$265.7K – $354.2K
NOI $21,253 @ 7.0% cap · market cap 3.15%
Theoretical Best
Specialty Retail
$776.9K
$679.8K – $906.4K
NOI $54,382 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 95446, CA
4,690
Population
3,189
Households
1.5
Avg Household Size
51
Median Age
40%
College-Educated
96%
High-School Grad
31.0 sq mi
ZIP Area
151
Density / Sq Mi
$88,643
Median Household Income
$45,430
Median Earnings
$1,546
Median Rent
$585,900
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom residences with public utilities, off-street parking, and a garage near downtown Guerneville.
Where is this triplex located?
The property is located at 14571 Canyon 1 Road Guerneville, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three units, each with a two‑bedroom, one‑bath layout; 2,867 square feet on a 0.2131‑acre lot; Built in 1992 with wall furnace heating
