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Duplex with Attached Garages
For Sale
$595,000

2723 Victoria Drive, Santa Rosa, CA 95407

Both residences have two bedrooms, a private yard, and an attached garage, with long-term tenants in place.

Property Size1,500 SF
Lot Size0.23 Acres
Price / SF$396.67
Days on Market40

Property Features for 2723 Victoria Drive

General Information

Standard status Active
Size 1,500 SF
Total Parking Spaces 2
Lot size 0.23 Acres
Property subtype Duplex

Site & Location

Neighborhood Roseland South

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Building Details

Building Size 1,500 SF
Year Built 1960
Listing Agency: Corcoran Icon Properties
Listed By: David Kerr · License #01256761
Source: Liveinwinecountry
Added: Sep 18 Changed: Oct 26 Last Checked: Oct 26 at 11:59AM

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 Corcoran Icon Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Santa Rosa duplex contains two residences, each with two bedrooms and one bathroom. Both units have a private yard and an attached garage, and long-term tenants are in place. The property occupies a 9,900-square-foot lot in southwest Santa Rosa, near shopping, schools, and commuter routes.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Private yard and attached garage for each unit
  • 9,900 SqFt lot in southwest Santa Rosa

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,172
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,440 $583.4K
Cap Rate 7%
$416,743 $416.7K
Cap Rate 9%
$324,133 $324.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$44.1K $29.40/SF
− Vacancy
−$2.4K −$1.62/SF
EGI
$41.7K $27.78/SF
− OpEx
−$12.5K −$8.33/SF
NOI
$29.2K $19.45/SF
Area
Santa Rosa, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,440
Cap Rate 7%
$416,743
Cap Rate 9%
$324,133

Alternative Uses

Best Use
Multifamily LT 5
$416.7K
$364.7K – $486.2K (±1% cap)
NOI $29,172 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$374.3K
$327.5K – $436.7K (±1% cap)
NOI $26,201 @ 7.0% cap · market cap 4.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

584
Businesses Nearby

Demographics for 95407, CA

42,504
Population
13,371
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
73%
High-School Grad
21.6 sq mi
ZIP Area
1,968
Density / Sq Mi
$82,807
Median Household Income
$40,907
Median Earnings
$1,822
Median Rent
$603,300
Median Home Value

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 - Both residences have two bedrooms, a private yard, and an attached garage, with long-term tenants in place.
Where is this duplex located?
The property is located at 2723 Victoria Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Private yard and attached garage for each unit; 9,900 SqFt lot in southwest Santa Rosa
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Includes: Price & PSF · Cap rate · Location · Zoning

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