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Duplex with En-Suite Bedrooms

345 Evergreen Avenue, Arcata, CA 95518

For Sale
$649,900

Multi-Family, Arcata, CA

Property Size2,456 SF
Lot Size0.18 Acres
Price / SF$264.62
Days on Market97

Property Features for 345 Evergreen Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Zoning description Multi-Family
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 6
Window features Double Pane Windows
Lot features Sloped, Steep Slope
Directions California to Evergreen, go to end.
Subdivision North Bay
Standard status Active
APN 503-342-40
Size 2,456 SF
Lot size 0.18 Acres

Utilities

Heating system Natural Gas

Amenities

washer/dryer hookups
gas fireplace
dishwashers
double-pane windows
bathroom skylights
storage basement

Building Details

Year built 2002
Floors in Building 2
Number of units 2
Flooring type Tile, Carpet
Roof type Shingle
Buildings 1
Listing Agency: Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
Listed By: Tracy Helard-Shumard · License #01204587
Added: Aug 3 Changed: Oct 27 Last Checked: Nov 7 at 5:06AM
MLS# 273038

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

Investment Insights

Based on property information with market context.

This 2,456-square-foot duplex contains two residences: a four-bedroom, four-bathroom unit and a two-bedroom, two-bathroom unit. Each bedroom has its own bathroom. The property was built in 2002 and sits on a 0.18-acre lot. Interior features include tile and carpet flooring, natural gas heating, dishwashers, double-pane windows, bathroom skylights, and fire sprinklers. A basement offers additional storage, and off-street parking is available.

The property is a short walk from Cal Poly Humboldt and minutes from shopping, restaurants, and public transportation. Zoning is Multi-Family.

Key Highlights

  • Two residences: one with 4 bedrooms and 4 bathrooms, the other with 2 bedrooms and 2 bathrooms
  • Each of the 6 bedrooms has a private bathroom
  • 2,456 square feet on a 0.18‑acre lot; built in 2002

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,776
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,520 $635.5K
Cap Rate 7%
$453,943 $453.9K
Cap Rate 9%
$353,067 $353.1K
Market Conditions
NOI Build-Up for 2,456 SF
Gross rent
$48.6K $19.80/SF
− Vacancy
−$3.2K −$1.32/SF
EGI
$45.4K $18.48/SF
− OpEx
−$13.6K −$5.54/SF
NOI
$31.8K $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%
$635,520
Cap Rate 7%
$453,943
Cap Rate 9%
$353,067

Alternative Uses

Best Use
Multifamily LT 5
$453.9K
$397.2K – $529.6K (±1% cap)
NOI $31,776 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$417.8K
$365.6K – $487.4K (±1% cap)
NOI $29,245 @ 7.0% cap · market cap 4.50%
Theoretical Best
Flex RnD
$927.5K
$811.6K – $1.08M (±1% cap)
NOI $64,924 @ 7.0% cap · market cap 9.99%
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
Open Analytics

Lease Details

2
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Humboldt County, CA

$207 Jul
$262 Aug
$292 Sep
$309 Oct

Properties on Market for Duplexes in Humboldt County

Jul
Aug
Sep
Oct

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 - Two residences provide six bedrooms, each with a private bathroom.
Where is this duplex located?
The property is located at 345 Evergreen Avenue Arcata, CA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two residences: one with 4 bedrooms and 4 bathrooms, the other with 2 bedrooms and 2 bathrooms; Each of the 6 bedrooms has a private bathroom; 2,456 square feet on a 0.18‑acre lot; built in 2002
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