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Duplex With En-Suite Bedrooms
New
For Sale
$674,900

345 Evergreen Avenue, Arcata, CA 95518

MULTI_FAMILY - Other - Arcata, CA

Property Size2,456 SF
Lot Size0.18 Acres
Price / SF$274.80
Days on Market4

Property Features for 345 Evergreen Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 2, Bathroom 3, Bathroom 5, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 6
Interior features Cathedral/Vault
Lot features Sloping, Steep
Directions California to Evergreen, go to end.
Subdivision North Bay
Standard status Active
Size 2,456 SF
Lot size 0.18 Acres

Utilities

Sewer type Public Sewer

Amenities

dishwashers
washer/dryer hookups
gas fireplace
large storage basement
bathroom skylights

Building Details

Year built 2002
Floors in Building 2
Number of units 2
Flooring type Tile, Carpet
Roof type Shingle
Architectural style Other
Listing Agency: Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
Listed By: Tracy Helard-Shumard · License #01204587
Added: Aug 3 Changed: Aug 5 Last Checked: Aug 6 at 3:06AM
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.

Investment Insights

Based on property information with market context.

This 2,456-square-foot duplex, built in 2002 on a 0.18-acre lot, contains two distinct residences. The larger unit offers four bedrooms, each with a private en-suite bathroom, along with a living room, kitchen, and washer and dryer hookups. The second residence includes two bedrooms with private bathrooms, refreshed interior paint and carpet, and a gas fireplace. Tile and carpet flooring, ceramic tile countertops, dishwashers, double-pane windows, bathroom skylights, and fire sprinkler systems are included. A storage basement provides additional usable space, while off-street parking supports both units.

The property is located at 345 Evergreen Avenue in Arcata, just blocks from Cal Poly Humboldt and minutes from shopping, restaurants, and public transportation. Public sewer serves the property. New shingle roofs carry a transferable 10-year warranty, and the foundation was built beyond code requirements. The Multi-Family zoning and two-unit configuration support continued residential income use.

Key Highlights

  • 2,456‑square‑foot duplex on a 0.18‑acre lot
  • Main residence has 4 bedrooms, each with a private en‑suite bathroom
  • Second unit includes 2 bedrooms and 2 bathrooms, with private bathrooms for each bedroom

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 $48.6k $19.80
− Vacancy −$3.2k −$1.32
EGI $45.4k $18.48
− OpEx −$13.6k −$5.54
NOI $31.8k $12.94
2,456 SF · lease $19.80/SF/yr · vacancy 6.65% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$453.9K
$397.2K – $529.6K (±1% cap)
NOI $31,776 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$417.8K
$365.6K – $487.4K (±1% cap)
NOI $29,245 @ 7.0% cap · market cap 4.33%
Theoretical Best
Flex RnD
$927.5K
$811.6K – $1.08M (±1% cap)
NOI $64,924 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Parts Store Law Firm Kitchen & Bath Showroom Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences provide flexible layouts, off-street parking, and a location just blocks from Cal Poly Humboldt.
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 $674,900.
What are key features of this property?
This property features: 2,456‑square‑foot duplex on a 0.18‑acre lot; Main residence has 4 bedrooms, each with a private en‑suite bathroom; Second unit includes 2 bedrooms and 2 bathrooms, with private bathrooms for each bedroom
More about this property
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