Two-Unit Residential Income
240 Tabor DR Scotts Valley, CA 95066
New
For Sale
$1,275,000
MULTI_FAMILY - SCOTTS VALLEY, CA
Property Size2,328 SF
Lot Size0.23 Acres
Price / SF$547.68
Days on Market1
Property Features for 240 Tabor DR
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1-10
Bedrooms
5
Rooms
Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4
Parking
4
Parking features
Off Street, Garage - Attached, Covered
Standard status
Active
Size
2,328 SF
Lot size
0.23 Acres
Utilities
Heating system
Central, Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1980
Number of units
2
Roof type
Composition
Listing Agency:
Room Real Estate
(831) 234-6683
Listed By:
Pavlina&Tarantino Pavlina&Tarantino · License #70010228
(831) 316-2095
Added: Jul 29
Last Checked: Jul 29 at 8:06PM
MLS# ML82055872
Copyright © 2026 MLS Listings, 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 duplex includes an upper 2-bedroom, 1-bathroom unit and a lower 3-bedroom, 2-bathroom unit, with each unit having its own garage. The layout is designed for comfortable day-to-day living, featuring oversized windows and decks for outdoor use.
The property sits on a lot of just over a quarter acre in Scotts Valley and offers convenient access to major commute routes to Silicon Valley and the Santa Cruz area. It is described as within walking distance of Vine Hill Elementary, with the middle and high schools about a five-minute drive.
For residents or investors, the property provides two separate residential units within one duplex structure, each with its own garage and outdoor deck space.
The property sits on a lot of just over a quarter acre in Scotts Valley and offers convenient access to major commute routes to Silicon Valley and the Santa Cruz area. It is described as within walking distance of Vine Hill Elementary, with the middle and high schools about a five-minute drive.
For residents or investors, the property provides two separate residential units within one duplex structure, each with its own garage and outdoor deck space.
Key Highlights
- Duplex on just over a quarter acre with a 2‑bedroom/1‑bath upper unit and a 3‑bedroom/2‑bath lower unit
- Each unit has its own attached garage plus off‑street and covered parking
- Central forced‑air heating with natural gas; roof is composition
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 | $95.0k | $40.80 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $92.7k | $39.83 |
| − OpEx | −$27.8k | −$11.95 |
| NOI | $64.9k | $27.88 |
2,328 SF · lease $40.80/SF/yr · vacancy 2.38% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$927.2K
$811.3K – $1.08M
NOI $64,905 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$856.0K
$749.0K – $998.7K
NOI $59,923 @ 7.0% cap · market cap 4.70%
Theoretical Best
Retail
$1.33M
$1.16M – $1.55M
NOI $93,181 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on just over a quarter-acre lot with two garages and separate 2-bedroom and 3-bedroom units.
Where is this duplex located?
The property is located at 240 Tabor DR Scotts Valley, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Duplex on just over a quarter acre with a 2‑bedroom/1‑bath upper unit and a 3‑bedroom/2‑bath lower unit; Each unit has its own attached garage plus off‑street and covered parking; Central forced‑air heating with natural gas; roof is composition
