Duplex with Two Detached
New
For Sale
$850,000
476 Sonoma Avenue, Santa Rosa, CA 95401
Residential Income, Santa Rosa, CA
Property Size2,345 SF
Lot Size0.13 Acres
Price / SF$362.47
Days on Market2
Property Features for 476 Sonoma Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 2
Parking
2
Parking features
Guest, On Street, Covered
Patio and Porch features
Deck
Appliances
Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
Lot features
Landscape Back, Landscape Front, Sidewalk
Directions
Santa Rosa Ave, to Sonoma Ave
Subdivision
Santa Rosa-Northeast
Standard status
Active
APN
010203005000
Size
2,345 SF
Lot size
0.13 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Wall Furnace, Electric (Heating)
Cooling system
Ceiling Fan(s)
Water source
Public
Amenities
landscaped front yard
dining room
outdoor side deck
bonus room
private entry with lockable gate
deck
hot tub
laundry rooms with washer & dryers
Building Details
Year built
1940
Number of units
2
Flooring type
Linoleum, Tile, Wood, Carpet
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
W Real Estate
(707) 636-3800
Listed By:
Cory Cadle
(707) 303-5938
Added: Aug 28
Last Checked: Aug 29 at 4:06AM
MLS# 326064138
Copyright © 2026 Bay Area Real Estate Information Services, Inc. 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 duplex property contains two separate homes totaling 2,345 square feet on a 0.1258-acre lot. The front residence offers four bedrooms, two bathrooms, a dining room, bonus room, and side deck. The rear residence includes two bedrooms, one bathroom, knotty pine paneling, and a large deck with a hot tub. Both homes have dedicated laundry rooms with washers and dryers, while separate utility meters support independent operation.
Built in 1940, the property includes covered and on-street parking, private entries, wood siding, composition roofing, public water, and public sewer. Heating includes natural gas, wall furnaces, and electric systems, with ceiling fans for cooling. The property is located at 476 Sonoma Avenue in Santa Rosa’s Burbank Gardens area near downtown.
Built in 1940, the property includes covered and on-street parking, private entries, wood siding, composition roofing, public water, and public sewer. Heating includes natural gas, wall furnaces, and electric systems, with ceiling fans for cooling. The property is located at 476 Sonoma Avenue in Santa Rosa’s Burbank Gardens area near downtown.
Key Highlights
- Two separate homes totaling 2,345 square feet
- 0.1258‑acre lot with covered and on‑street parking
- Front home includes 4 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,606
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$912,120
$912.1K
Cap Rate 7%
$651,514
$651.5K
Cap Rate 9%
$506,733
$506.7K
Market Conditions
NOI Build-Up for 2,345 SF
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.
Gross rent
$68.9K $29.40/SF
− Vacancy
−$3.8K −$1.62/SF
EGI
$65.2K $27.78/SF
− OpEx
−$19.5K −$8.33/SF
NOI
$45.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$912,120
Cap Rate 7%
$651,514
Cap Rate 9%
$506,733
Alternative Uses
Best Use
Multifamily LT 5
$651.5K
$570.1K – $760.1K
NOI $45,606 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$585.2K
$512.0K – $682.7K
NOI $40,961 @ 7.0% cap · market cap 4.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,396
Businesses Nearby
Explore this area
Business Placement
Demographics for 95401, CA
37,272
Population
14,281
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
80%
High-School Grad
20.9 sq mi
ZIP Area
1,783
Density / Sq Mi
$93,513
Median Household Income
$45,630
Median Earnings
$1,978
Median Rent
$628,900
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 separate residences offer private outdoor areas, designated parking, laundry rooms, and independent utility meters.
Where is this duplex located?
The property is located at 476 Sonoma Avenue Santa Rosa, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two separate homes totaling 2,345 square feet; 0.1258‑acre lot with covered and on‑street parking; Front home includes 4 bedrooms and 2 bathrooms
