6-Unit Apartment
New
For Sale
$550,000
2031 F Street, Eureka, CA 95501
Multi-Family, Eureka, CA
Property Size3,232 SF
Lot Size0.22 Acres
Price / SF$170.17
Days on Market5
Property Features for 2031 F Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Single Family
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 6, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 5, Bathroom 3
Lot features
Corner
High school
Eureka
Elementary school district
Eureka
Middle school district
Eureka
High school district
Eureka
Subdivision
South Bay
Standard status
Active
APN
010-193-008
Size
3,232 SF
Lot size
0.22 Acres
Utilities
Sewer type
Public Sewer
Amenities
detached garage
storage
Building Details
Year built
1905
Floors in Building
2
Number of units
1
Flooring type
Vinyl, Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
Landmark Real Estate
(707) 786-9300
Listed By:
Lareesa Stanfield · License #02070934
(707) 496-5806
Added: Oct 1
Changed: Oct 2
Last Checked: Oct 5 at 7:06PM
MLS# 273469
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.
Investment Insights
Based on property information with market context.
Built in 1905, this 3,232-square-foot apartment property contains five residential units and an additional studio/flex area. The residential mix includes one two-bedroom/one-bath unit and four one-bedroom/one-bath units. A detached garage provides separate storage, and the parcel encompasses 0.22 acres. Flooring includes vinyl and carpet.
Five residential units are occupied. Improvements include an upgraded electrical panel and a roof replaced approximately 11 years ago. The property is zoned Single Family and served by public sewer.
Five residential units are occupied. Improvements include an upgraded electrical panel and a roof replaced approximately 11 years ago. The property is zoned Single Family and served by public sewer.
Key Highlights
- Five residential units, including one 2‑bedroom/1‑bath and four 1‑bedroom/1‑bath units
- Additional studio/flex area
- 3,232 square feet on a 0.22‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,486
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$769,720
$769.7K
Cap Rate 7%
$549,800
$549.8K
Cap Rate 9%
$427,622
$427.6K
Market Conditions
NOI Build-Up for 3,232 SF
Gross rent
$75.2K $23.28/SF
− Vacancy
−$5.3K −$1.63/SF
EGI
$70.0K $21.65/SF
− OpEx
−$31.5K −$9.74/SF
NOI
$38.5K $11.91/SF
Area
Humboldt County, CA
Vacancy
7.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$769,720
Cap Rate 7%
$549,800
Cap Rate 9%
$427,622
Alternative Uses
Best Use
Apartment 5plus
$549.8K
$481.1K – $641.4K
NOI $38,486 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.22M
$1.07M – $1.42M
NOI $85,438 @ 7.0% cap · market cap 15.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five occupied residences and a separate studio/flex area provide a varied rental configuration.
Where is this apartment building located?
The property is located at 2031 F Street Eureka, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Five residential units, including one 2‑bedroom/1‑bath and four 1‑bedroom/1‑bath units; Additional studio/flex area; 3,232 square feet on a 0.22‑acre lot
