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Triplex with Shared Laundry

1516 Myrtle Ave, Eureka, CA 95501

For Sale
$489,000

Each apartment has one bedroom and one bathroom, with coin-operated laundry serving the property.

Property SizeContact for details
Days on Market147

Property Features for 1516 Myrtle Ave

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3
Individually Metered Utilities water, sewer

Additional Details

Public Transit Yes

Amenities

common coin-op laundry room
Listing Agency: Bode Executive Property Management
Listed By: Stephanie Bode
Source: Exprealty
Added: Jun 18 Changed: Nov 4 Last Checked: Nov 10 at 12:10PM

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 Bode Executive Property Management

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three one-bedroom, one-bathroom apartments and a shared laundry room equipped with coin-operated machines. Utilities are separately metered for PG&E; tenants pay water and sewer, while the owner handles landscaping and trash service.

The property is near downtown Eureka, hospitals, and public transit.

Key Highlights

  • Three apartments, each with 1 bedroom and 1 bathroom
  • Common laundry room with coin‑operated machines
  • PG&E is separately metered; tenants pay water and sewer

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each apartment has one bedroom and one bathroom, with coin-operated laundry serving the property.
Where is this triplex located?
The property is located at 1516 Myrtle Ave Eureka, CA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Three apartments, each with 1 bedroom and 1 bathroom; Common laundry room with coin‑operated machines; PG&E is separately metered; tenants pay water and sewer
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