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Two-Residence Duplex Property
New
For Sale
$1,375,000

301-309 Mayfield Drive, Santa Rosa, CA 95403

Residential Income, Santa Rosa, CA

Property Size2,243 SF
Lot Size0.30 Acres
Price / SF$613.02
Days on Market2

Property Features for 301-309 Mayfield Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2
Parking 7
Parking features Garage, On Street
Patio and Porch features Patio
Lot features Curb(s), Landscape Front
Elementary school district Mark West Union
Middle school district Santa Rosa City Schools
High school district Santa Rosa City Schools
Directions From Mark West Springs Rd-North on Lavell Rd- Right on Mayfield. From Old Redwood Hwy-Ascot Dr-left on Mayfield
Subdivision Santa Rosa-Northeast
Standard status Active
APN 058161026000
Size 2,243 SF
Lot size 0.30 Acres

Additional Details

Individually Metered Utilities electricity

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Multi Units, Central Air
Water source Private

Building Details

Year built 1964
Floors in Building 1
Number of units 2
Building materials Brick Veneer, Stucco
Roof type Composition
Buildings 2
Listing Agency: W Real Estate
Listed By: Vicki Doty
Added: Nov 4 Last Checked: Nov 5 at 5:06AM
MLS# 326091205

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Two detached residences occupy a 0.2984-acre parcel and provide a combined 2,243 square feet. The primary home has 3 bedrooms, 2 bathrooms and approximately 1,200 square feet, plus an attached two-car garage. Its updates include kitchen cabinetry and countertops, refreshed bathrooms, dual-pane windows and a central HVAC system installed in 2021. The second home offers 2 bedrooms, 2 bathrooms and approximately 1,043 square feet; completed as an accessory dwelling unit in 2021, it has high ceilings, an en-suite primary bedroom, walk-in closet and dedicated laundry room.

Each residence has its own driveway, outdoor area and PG&E meter. The second home also includes owned solar PV and a detached storage building. The property has a patio, private water service and public sewer. The main residence dates to 1964.

Key Highlights

  • Two detached residences with 2,243 square feet combined on 0.2984 acres
  • Primary home: 3 bedrooms, 2 bathrooms, approximately 1,200 square feet and attached two‑car garage
  • Second residence: 2 bedrooms, 2 bathrooms and approximately 1,043 square feet; completed as an ADU in 2021

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,622
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,440 $872.4K
Cap Rate 7%
$623,171 $623.2K
Cap Rate 9%
$484,689 $484.7K
Market Conditions
NOI Build-Up for 2,243 SF
Gross rent
$65.9K $29.40/SF
− Vacancy
−$3.6K −$1.62/SF
EGI
$62.3K $27.78/SF
− OpEx
−$18.7K −$8.33/SF
NOI
$43.6K $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%
$872,440
Cap Rate 7%
$623,171
Cap Rate 9%
$484,689

Alternative Uses

Best Use
Multifamily LT 5
$623.2K
$545.3K – $727.0K (±1% cap)
NOI $43,622 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$559.7K
$489.7K – $653.0K (±1% cap)
NOI $39,179 @ 7.0% cap · market cap 2.85%
Theoretical Best
—
—
same as Best Use
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
Utilities to site

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

Demographics for 95403, CA

44,705
Population
17,504
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
87%
High-School Grad
21.5 sq mi
ZIP Area
2,079
Density / Sq Mi
$94,480
Median Household Income
$45,928
Median Earnings
$2,215
Median Rent
$651,900
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 - Separate driveways, PG&E meters and outdoor areas provide functional independence across the homes.
Where is this duplex located?
The property is located at 301-309 Mayfield Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Two detached residences with 2,243 square feet combined on 0.2984 acres; Primary home: 3 bedrooms, 2 bathrooms, approximately 1,200 square feet and attached two‑car garage; Second residence: 2 bedrooms, 2 bathrooms and approximately 1,043 square feet; completed as an ADU in 2021
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