Redwood Duplex with Rental
New
For Sale
$509,500
3249 17th Street, Eureka, CA 95501
MULTI_FAMILY - Other - Eureka, CA
Property Size1,858 SF
Lot Size0.22 Acres
Price / SF$274.22
Days on Market4
Property Features for 3249 17th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Single Family
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1
Parking features
Garage
Interior features
Ceiling Fan, Fireplace
Fireplace
1
View
City
Elementary school
Lafayette
Middle school
Zane
Elementary school district
South Bay
Middle school district
South Bay
High school district
South Bay
Directions
Take Myrtle Ave heading east, turn left onto 17th St after Chevron gas station
Subdivision
South Bay
Standard status
Active
Size
1,858 SF
Lot size
0.22 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wood, Wood Stove
Amenities
large fenced yard
new south facing redwood deck (2026)
large back yard patio
Large Primary bathroom and walk in closet
own yard and driveway
Building Details
Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Carpet, Plank
Roof type
Shingle, Membrane
Architectural style
Other
Listing Agency:
Benchmark Realty Group/ Mb
(707) 476-0200
Listed By:
Colleen Rasmussen · License #02066171
(707) 616-5693
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 4 at 2:06PM
MLS# 273039
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 1,858-square-foot duplex was built in 1951 with solid redwood construction and includes a primary residence plus a separate one-bedroom, one-bath unit. The secondary unit has its own yard and driveway. Interior features include a fireplace, ceiling fans, carpet and plank flooring, a wood stove, a primary bathroom, and a walk-in closet. The property also includes a garage, shingle and membrane roofing, and public sewer service.
Outdoor improvements include a fenced yard, rear patio, and a south-facing redwood deck completed in 2026. The property occupies 0.22 acres and is zoned Single Family. Its address is 3249 17th Street in Eureka, California.
Outdoor improvements include a fenced yard, rear patio, and a south-facing redwood deck completed in 2026. The property occupies 0.22 acres and is zoned Single Family. Its address is 3249 17th Street in Eureka, California.
Key Highlights
- 1,858 SF duplex on a 0.22‑acre lot
- Separate 1/1 unit with its own yard and driveway
- Solid Redwood construction; built in 1951
Financial Insights For Multifamily LT 5
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 | $36.8k | $19.80 |
| − Vacancy | −$2.4k | −$1.32 |
| EGI | $34.3k | $18.48 |
| − OpEx | −$10.3k | −$5.54 |
| NOI | $24.0k | $12.94 |
1,858 SF · lease $19.80/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$343.4K
$300.5K – $400.7K
NOI $24,039 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$316.1K
$276.6K – $368.8K
NOI $22,125 @ 7.0% cap · market cap 4.34%
Theoretical Best
Flex RnD
$701.7K
$614.0K – $818.6K
NOI $49,116 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 95501, CA
23,323
Population
10,577
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,195
Density / Sq Mi
$55,076
Median Household Income
$34,476
Median Earnings
$1,151
Median Rent
$389,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-part residential property with a fenced yard, garage, fireplace, and separate access for the additional living unit.
Where is this duplex located?
The property is located at 3249 17th Street Eureka, CA.
What is the asking price?
The asking price for this property is $509,500.
What are key features of this property?
This property features: 1,858 SF duplex on a 0.22‑acre lot; Separate 1/1 unit with its own yard and driveway; Solid Redwood construction; built in 1951
