Triplex with Private Fenced
487 Hearn Ave, Santa Rosa, CA 95407
For Sale
$835,000
Three covered and three uncovered parking spaces serve the three-unit property.
Property Size1,989 SF
Price / SF$419.81
Days on Market508
Property Features for 487 Hearn Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
private fenced yards
Building Details
Year Built
Buildings
Listing Agency:
JPN Realty
Listed By:
Javier Padilla
Source:
Jpnrealty
Added: Jun 18, 2025
Changed: Nov 6
Last Checked: Nov 6 at 8:23AM
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 JPN Realty
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Investment Insights
Based on property information with market context.
This 1,989-square-foot triplex, built in 1973, contains three residences: a 3-bedroom, 2-bathroom unit, a 2-bedroom, 2-bathroom unit, and a 1-bedroom, 1-bathroom unit. The two end residences each have a private fenced yard. Improvements include siding, a membrane roof, dual-pane windows, and fencing; the landscaping is described as low maintenance.
The property is accessed by a private driveway and includes three covered parking spaces plus three uncovered spaces. It is located at 487 Hearn Ave in Santa Rosa.
The property is accessed by a private driveway and includes three covered parking spaces plus three uncovered spaces. It is located at 487 Hearn Ave in Santa Rosa.
Key Highlights
- Three units: 3‑bedroom/2‑bathroom, 2‑bedroom/2‑bathroom, and 1‑bedroom/1‑bathroom
- 1,989 square feet; built in 1973
- Private fenced yards at both end units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,682
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,640
$773.6K
Cap Rate 7%
$552,600
$552.6K
Cap Rate 9%
$429,800
$429.8K
Market Conditions
NOI Build-Up for 1,989 SF
Gross rent
$58.5K $29.40/SF
− Vacancy
−$3.2K −$1.62/SF
EGI
$55.3K $27.78/SF
− OpEx
−$16.6K −$8.33/SF
NOI
$38.7K $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%
$773,640
Cap Rate 7%
$552,600
Cap Rate 9%
$429,800
Alternative Uses
Best Use
Multifamily LT 5
$552.6K
$483.5K – $644.7K
NOI $38,682 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$496.3K
$434.3K – $579.0K
NOI $34,742 @ 7.0% cap · market cap 4.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
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Business Placement
Demographics for 95407, CA
42,504
Population
13,371
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
73%
High-School Grad
21.6 sq mi
ZIP Area
1,968
Density / Sq Mi
$82,807
Median Household Income
$40,907
Median Earnings
$1,822
Median Rent
$603,300
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Sonoma County, CA
Properties on Market for Triplexes in Sonoma County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three covered and three uncovered parking spaces serve the three-unit property.
Where is this triplex located?
The property is located at 487 Hearn Ave Santa Rosa, CA.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Three units: 3‑bedroom/2‑bathroom, 2‑bedroom/2‑bathroom, and 1‑bedroom/1‑bathroom; 1,989 square feet; built in 1973; Private fenced yards at both end units
