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Victorian Four-Unit Property
For Sale
$479,000
Pending

303 Pine St, Yreka, CA 96097

ResidentialIncome, Yreka, CA

Property Size3,940 SF
Lot Size0.39 Acres
Days on Market96

Property Features for 303 Pine St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 4
Parking features Carport
Window features Vinyl Frames
Patio and Porch features Deck
Exterior features ConcreteDriveway, Deck, GravelDriveway, Landscaping, PropaneTankOwned
Fencing Privacy
Appliances Oven, Range
Lot features Flat, Lawn
View City
Subdivision Yreka
Standard status Pending
Size 3,940 SF
Lot size 0.39 Acres

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Kerosene, Electric (Heating), Oil
Cooling system Central Air
Water source Public

Amenities

large shared yard
private deck/patio areas

Building Details

Number of units 4
Building materials WoodSiding
Roof type Composition
Architectural style Victorian
Listing Agency: West Coast Real Estate & Appraisals
Listed By: Greg Ford · License #01801980
Added: Jul 18 Changed: Oct 17 Last Checked: Oct 21 at 7:06AM
MLS# 20260921

Copyright © 2026 Siskiyou 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.

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Investment Insights

Based on property information with market context.

This 3,940-square-foot multifamily property combines a Victorian main residence with three distinct units and a detached cottage at the rear. The property is fully leased and includes character details, tall ceilings, a shared yard, and private deck or patio areas. A carport, privacy fencing, landscaping, and both concrete and gravel driveways support the outdoor layout.

The 0.39-acre property is served by public water and public sewer. Exterior construction includes wood siding and a composition roof, while building systems include central air and multiple heating sources, including electric, oil, kerosene, and propane. The detached cottage adds a separate residential component to the main-house configuration.

Key Highlights

  • 3,940‑square‑foot multifamily property on 0.39 acres
  • Three units in the main house plus a detached rear cottage
  • Fully leased residential configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,284
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,680 $645.7K
Cap Rate 7%
$461,200 $461.2K
Cap Rate 9%
$358,711 $358.7K
Market Conditions
NOI Build-Up for 3,940 SF
Gross rent
$61.5K $15.60/SF
− Vacancy
−$2.8K −$0.70/SF
EGI
$58.7K $14.90/SF
− OpEx
−$26.4K −$6.70/SF
NOI
$32.3K $8.19/SF
Area
Siskiyou County, CA
Vacancy
4.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,680
Cap Rate 7%
$461,200
Cap Rate 9%
$358,711

Alternative Uses

Best Use
Apartment 5plus
$461.2K
$403.6K – $538.1K (±1% cap)
NOI $32,284 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,132 @ 7.0% cap · market cap 16.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby

Demographics for 96097, CA

10,131
Population
4,737
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
91%
High-School Grad
181.7 sq mi
ZIP Area
56
Density / Sq Mi
$47,105
Median Household Income
$36,325
Median Earnings
$984
Median Rent
$256,400
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?
Multifamily property - Four separate living spaces include a rear cottage, shared yard, and private deck or patio areas.
Where is this multifamily property located?
The property is located at 303 Pine St Yreka, CA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 3,940‑square‑foot multifamily property on 0.39 acres; Three units in the main house plus a detached rear cottage; Fully leased residential configuration
More about this property
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