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Duplex Property with Shop
For Sale
$525,000

2695 Newburg Road, Fortuna, CA 95540

Multi-Family, Fortuna, CA

Property Size1,287 SF
Lot Size0.73 Acres
Price / SF$407.93
Days on Market146

Property Features for 2695 Newburg Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Single Family
Zoning description Single Family
Bedrooms 1
Bathrooms 1
Rooms Bedroom 1, Bathroom 1
Interior features Ceiling Fan
View Hills
Middle school Fortuna
High school Arcata
High school district Fortuna
Subdivision Mid County
Standard status Active
APN 200-411-054
Size 1,287 SF
Lot size 0.73 Acres

Utilities

Utilities Propane
Heating system Forced Air

Building Details

Year built 1883
Floors in Building 1
Number of units 2
Flooring type Carpet, Laminate
Roof type Shingle
Buildings 2
Listing Agency: Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
Listed By: Jain Tuey · License #02111052
Added: Jun 5 Changed: Oct 27 Last Checked: Oct 28 at 8:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

The property includes a three-bedroom, one-bath home with a dining room, family room, and separate living room. An enclosed patio extends the living area, while fresh interior paint and a newer shingle roof are among the updates. A separate one-bedroom, one-bath manufactured home is also on site.

Set on 0.73 acres, the property has a fenced upper field, a large shop, and two storage sheds, with one shed serving each home. Newburg Park and the police station are nearby.

Key Highlights

  • Two residences: a 3‑bedroom, 1‑bath home and a 1‑bedroom, 1‑bath manufactured home
  • 0.73‑acre property with a fenced upper field
  • Large shop and two storage sheds, one for each home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,652
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,040 $333.0K
Cap Rate 7%
$237,886 $237.9K
Cap Rate 9%
$185,022 $185.0K
Market Conditions
NOI Build-Up for 1,287 SF
Gross rent
$25.5K $19.80/SF
− Vacancy
−$1.7K −$1.32/SF
EGI
$23.8K $18.48/SF
− OpEx
−$7.1K −$5.54/SF
NOI
$16.7K $12.94/SF
Area
Humboldt County, CA
Vacancy
6.65%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,040
Cap Rate 7%
$237,886
Cap Rate 9%
$185,022

Alternative Uses

Best Use
Multifamily LT 5
$237.9K
$208.2K – $277.5K (±1% cap)
NOI $16,652 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$218.9K
$191.6K – $255.4K (±1% cap)
NOI $15,325 @ 7.0% cap · market cap 2.92%
Theoretical Best
Flex RnD
$486.0K
$425.3K – $567.0K (±1% cap)
NOI $34,022 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 95540, CA

14,055
Population
6,087
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
412
Density / Sq Mi
$62,346
Median Household Income
$37,309
Median Earnings
$1,135
Median Rent
$362,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - A second one-bedroom manufactured home adds a separate living space to the property.
Where is this duplex located?
The property is located at 2695 Newburg Road Fortuna, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two residences: a 3‑bedroom, 1‑bath home and a 1‑bedroom, 1‑bath manufactured home; 0.73‑acre property with a fenced upper field; Large shop and two storage sheds, one for each home
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