Fully Rented Two-Unit
For Sale
$920,000
4438 Yukon Drive, Santa Rosa, CA 95409
Santa Rosa, CA
Property Size2,080 SF
Price / SF$442.31
Days on Market51
Property Features for 4438 Yukon Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Standard status
Active
Size
2,080 SF
Building Details
Year built
1962
Listing Agency:
Engel & Volkers Sonoma · Engel & Völkers
(707) 708-3087
Listed By:
Ryan J Styles
Added: Sep 6
Last Checked: Oct 26 at 8:06AM
MLS# 326049427
Copyright © 2026 Engel & Völkers. 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.
Located at 4438 Yukon Drive, this 2,080-square-foot duplex contains two residential units and was built in 1962. Each unit is approximately 950 square feet with three bedrooms, one full bath, one half bath, and a one-car garage. Both units are currently rented, providing an occupied residential income property in Santa Rosa’s Rincon Valley area.
The property is near local schools and less than a mile from Oliver’s Market at Montecito Center. The adjacent duplex at 4432-4434 Yukon Drive is also available for purchase, creating the potential to acquire two contiguous parcels totaling approximately 23,400+ square feet of land. The source information also identifies Santa Rosa zoning considerations involving SB 9 lot splits, ADU allowances, and Missing Middle Housing policies; any future development would remain subject to applicable approvals.
The property is near local schools and less than a mile from Oliver’s Market at Montecito Center. The adjacent duplex at 4432-4434 Yukon Drive is also available for purchase, creating the potential to acquire two contiguous parcels totaling approximately 23,400+ square feet of land. The source information also identifies Santa Rosa zoning considerations involving SB 9 lot splits, ADU allowances, and Missing Middle Housing policies; any future development would remain subject to applicable approvals.
Key Highlights
- Fully rented duplex with 2 residential units
- 2,080 square feet of building area
- Each unit is approximately 950 square feet with 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,452
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,040
$809.0K
Cap Rate 7%
$577,886
$577.9K
Cap Rate 9%
$449,467
$449.5K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$61.2K $29.40/SF
− Vacancy
−$3.4K −$1.62/SF
EGI
$57.8K $27.78/SF
− OpEx
−$17.3K −$8.33/SF
NOI
$40.5K $19.45/SF
Area
Santa Rosa, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,040
Cap Rate 7%
$577,886
Cap Rate 9%
$449,467
Alternative Uses
Best Use
Multifamily LT 5
$577.9K
$505.7K – $674.2K
NOI $40,452 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$519.0K
$454.2K – $605.5K
NOI $36,332 @ 7.0% cap · market cap 3.95%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
Explore this area
Business Placement
Demographics for 95409, CA
27,741
Population
12,499
Households
2.2
Avg Household Size
53
Median Age
50%
College-Educated
95%
High-School Grad
35.0 sq mi
ZIP Area
793
Density / Sq Mi
$105,736
Median Household Income
$59,003
Median Earnings
$2,346
Median Rent
$807,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residential units offer three-bedroom layouts, private garages, and an established Rincon Valley location near schools and shopping.
Where is this duplex located?
The property is located at 4438 Yukon Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Fully rented duplex with 2 residential units; 2,080 square feet of building area; Each unit is approximately 950 square feet with 3 bedrooms
