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Two-Unit Duplex with Workshop
For Sale
$899,900
Pending

4941 Hansen Drive, Santa Rosa, CA 95409

Two separate residences share a 0.4-acre parcel, with a detached garage and workshop on site.

Property Size2,246 SF
Lot Size0.40 Acres
Days on Market117

Property Features for 4941 Hansen Drive

General Information

Standard status Pending
Size 2,246 SF
Lot size 0.40 Acres
Property subtype Duplex
Zoning Duplex

Site & Location

Neighborhood Rincon Valley South
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR
Multifamily Units 2
Individually Metered Utilities electricity

Amenities

on-demand hot water heater
dual pane windows
walk-in tub
central air conditioning
mini-split
detached garage
detached workshop

Building Details

Building Size 2,246 SF
Year Built 1957
Buildings 2
Construction ranch-style
Listing Agency: Side
Listed By: Live Wine Country
Source: Liveinwinecountry
Added: Jul 3 Changed: Oct 26 Last Checked: Oct 26 at 11:59AM

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 Side

Rey
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Investment Insights

Based on property information with market context.

This duplex property includes a 1,466-square-foot main residence and a detached 650-square-foot second dwelling, for 2,246 square feet of living area. The primary home has three bedrooms, two full bathrooms, central air-conditioning, dual-pane windows, an on-demand water heater, and a walk-in tub. A newer roof, carpet, and interior paint are among its updates. The second residence has two compact bedrooms, a mini-split heating and cooling system, and a separate electric submeter.

The 0.4-acre parcel is officially zoned for duplex use and served by a private well with UV filtration and City sewer. The property also has generous parking, a detached garage, and a separate workshop. Schools, parks, retail, and dining are nearby in the Rincon Valley area of Santa Rosa.

Key Highlights

  • Two residences totaling 2,246 square feet on a 0.4‑acre parcel
  • Main home: 1,466 square feet, 3 bedrooms, and 2 full bathrooms
  • Detached second dwelling: 650 square feet with 2 bedrooms and a separate electric submeter

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,680
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,600 $873.6K
Cap Rate 7%
$624,000 $624.0K
Cap Rate 9%
$485,333 $485.3K
Market Conditions
NOI Build-Up for 2,246 SF
Gross rent
$66.0K $29.40/SF
− Vacancy
−$3.6K −$1.62/SF
EGI
$62.4K $27.78/SF
− OpEx
−$18.7K −$8.33/SF
NOI
$43.7K $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%
$873,600
Cap Rate 7%
$624,000
Cap Rate 9%
$485,333

Alternative Uses

Best Use
Multifamily LT 5
$624.0K
$546.0K – $728.0K (±1% cap)
NOI $43,680 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$560.5K
$490.4K – $653.9K (±1% cap)
NOI $39,232 @ 7.0% cap · market cap 4.36%
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

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences share a 0.4-acre parcel, with a detached garage and workshop on site.
Where is this duplex located?
The property is located at 4941 Hansen Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two residences totaling 2,246 square feet on a 0.4‑acre parcel; Main home: 1,466 square feet, 3 bedrooms, and 2 full bathrooms; Detached second dwelling: 650 square feet with 2 bedrooms and a separate electric submeter
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