Residential Income Property with Manufactured
2695 Newburg Road Fortuna, CA 95540
For Sale
$539,000
MULTI_FAMILY - Other - Fortuna, CA
Property Size1,287 SF
Lot Size0.73 Acres
Price / SF$418.80
Days on Market55
Property Features for 2695 Newburg Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Single Family
Bedrooms
1
Bathrooms
1
Rooms
Bathroom 1, Bedroom 1
Interior features
Ceiling Fan
Standard status
Active
Size
1,287 SF
Lot size
0.73 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
1883
Floors in Building
1
Number of units
6
Flooring type
Carpet, Laminate
Roof type
Shingle
Architectural style
Other
Listing Agency:
Coldwell Banker Cutten Realty
(707) 445-8811
Listed By:
Jain Tuey · License #02111052
(707) 499-3428
Added: Jun 5
Changed: Jun 14
Last Checked: Jul 29 at 10:06AM
MLS# 272507
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.
This for-sale residential income property features a 3-bedroom, 1-bath home with fresh interior paint, a newer roof, and a flexible layout that includes a dining room off the kitchen, a cozy family room, and a front living room. An enclosed patio with a solarium-like feel extends the indoor-outdoor living, and the property also includes a 1-bedroom, 1-bath manufactured home. Outside, you’ll find a fenced upper field for animals, a large shop for toys or equipment, and two storage sheds, one associated with each home.
Located on Newburg Road in Fortuna, the home is described as centrally located and near Newburg Park and the police station, supporting convenient access to everyday services. The parcel is identified as approximately 3/4 acre.
The setup is well suited for buyers seeking multigenerational living, guest space, or the option to rent the manufactured home while keeping separate space for the primary residence. With enclosed outdoor space, on-site storage, and an additional shop plus fenced area, the property is designed to support a variety of household and hobby needs without requiring off-site storage or facilities.
Located on Newburg Road in Fortuna, the home is described as centrally located and near Newburg Park and the police station, supporting convenient access to everyday services. The parcel is identified as approximately 3/4 acre.
The setup is well suited for buyers seeking multigenerational living, guest space, or the option to rent the manufactured home while keeping separate space for the primary residence. With enclosed outdoor space, on-site storage, and an additional shop plus fenced area, the property is designed to support a variety of household and hobby needs without requiring off-site storage or facilities.
Key Highlights
- Approximately 3/4‑acre property with fenced upper field and space for animals
- Includes an enclosed patio plus a 1‑bedroom, 1‑bath manufactured home on the property
- Large shop and two storage sheds (one for each home)
Financial Insights For Apartment 5plus
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 | $30.0k | $23.28 |
| − Vacancy | −$2.1k | −$1.63 |
| EGI | $27.9k | $21.65 |
| − OpEx | −$12.5k | −$9.74 |
| NOI | $15.3k | $11.91 |
1,287 SF · lease $23.28/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$218.9K
$191.6K – $255.4K
NOI $15,325 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$486.0K
$425.3K – $567.0K
NOI $34,022 @ 7.0% cap · market cap 6.31%
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?
Single family property - A 3-bedroom main home plus a 1-bedroom manufactured home, offering flexible living and separate rental or guest space.
Where is this single family property located?
The property is located at 2695 Newburg Road Fortuna, CA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Approximately 3/4‑acre property with fenced upper field and space for animals; Includes an enclosed patio plus a 1‑bedroom, 1‑bath manufactured home on the property; Large shop and two storage sheds (one for each home)
