Residential Income Land with
For Sale
$975,000
Pending
432 T Street, Eureka, CA 95501
Three contiguous lots with Highway 101 frontage, plus a quadplex and a duplex on-site.
Property Size2,070 SF
Lot Size0.49 Acres
Days on Market126
Property Features for 432 T Street
General Information
Standard status
Pending
Size
2,070 SF
Lot size
0.49 Acres
Property subtype
Land or Vacant Lot
Occupancy
50%
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
Corner
Building Details
Tenancy
Multi
Listing Agency:
BINDEL INC.
(707) 445-3171
Listed By:
DEBBI BINDEL · License #00571970
Source:
Corcoran
Added: Apr 9
Changed: Aug 8
Last Checked: Aug 8 at 7:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BINDEL INC.
Investment Insights
Based on property information with market context.
The offering consists of three contiguous lots totaling 0.49 acres, fronting along T Street between 4th and 5th Streets, and including existing residential improvements. The property includes a duplex at 404 T St (A-B) on the corner of 4th and T, which is in poor condition and has been removed from the Historical List; one unit is currently rented for $850 per month. A vacant lot is also included at 414 T St.
Also included is a 4-plex on the corner of 5th and T, with addresses at 1833, 1835, 1837 5th St and 432 T St. All units are one-bedroom layouts, for a total of 2,070 square feet. Two units (1835 5th and 432 T) are currently occupied at $825 per month each.
From a tenant and operator standpoint, the existing units can provide immediate rental income where occupied, while the duplex in poor condition and the vacant lot support a range of redevelopment approaches. The value is primarily tied to the land location, including frontage on Highway 101 for both north- and south-bound traffic through downtown Eureka.
Also included is a 4-plex on the corner of 5th and T, with addresses at 1833, 1835, 1837 5th St and 432 T St. All units are one-bedroom layouts, for a total of 2,070 square feet. Two units (1835 5th and 432 T) are currently occupied at $825 per month each.
From a tenant and operator standpoint, the existing units can provide immediate rental income where occupied, while the duplex in poor condition and the vacant lot support a range of redevelopment approaches. The value is primarily tied to the land location, including frontage on Highway 101 for both north- and south-bound traffic through downtown Eureka.
Key Highlights
- Three contiguous lots (0.49 acres) on T St from 4th–5th Streets with Highway 101 frontage for both northbound and southbound traffic
- Quadplex on the corner of 5th T with four 1‑bed units and a combined 2,070 total SF
- Quadplex has 2 units currently occupied at $825/month each
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
641
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?
Quadplex - Three contiguous lots with Highway 101 frontage, plus a quadplex and a duplex on-site.
Where is this quadplex located?
The property is located at 432 T Street Eureka, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three contiguous lots (0.49 acres) on T St from 4th–5th Streets with Highway 101 frontage for both northbound and southbound traffic; Quadplex on the corner of 5th T with four 1‑bed units and a combined 2,070 total SF; Quadplex has 2 units currently occupied at $825/month each
