Downtown Napa Multifamily Investment

529 Franklin St Napa, CA 94559

Claim this Listing
For Sale
$3,500,000

18-unit multifamily property in Downtown Napa with upside potential.

Type:Investment
Added:
May 17, 2026
Days on Market:
57
Last Refresh:
Jul 2 at 8:33 am

Property Features for 529 Franklin St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1958

Listing office

Listing date May 17, 2026

Source Elliman

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 Katherine Y Raphael


Investment Insights

Based on property information with market context.

Located in Downtown Napa, this multifamily property features 18 units across three parcels. The unit mix includes eight 1-bedroom/1-bathroom flats, one 2-bedroom/2-bathroom flat, five 2-bedroom/1-bathroom flats, and four 2-bedroom/1.5-bathroom townhome-style residences. Recent capital improvements include new roofs on the main structures and carports (2025), updated electrical subpanels, repaved and restriped parking areas, and new exterior paint. Tenant amenities include a central courtyard, on-site laundry facilities, dedicated tenant storage for 12 units, and a combination of covered and open parking. Eleven units have private patios, and twelve units feature original hardwood flooring. Select units have been renovated with granite countertops and stainless steel appliances, including dishwashers. The property is located within walking distance of Downtown Napa's dining, retail, and entertainment amenities.

Key Highlights

  • Prime Downtown Napa location, walkable to dining, retail, and entertainment.
  • Significant recent capital improvements, including new roofs (2025), updated electrical, repaved parking, and new exterior paint.
  • Desirable unit mix of 1- and 2‑bedroom flats and townhomes, appealing to a broad tenant base.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Veterinary Clinic Mobile Phone Store Fish Market Clothing & Fashion Store (Bike/Boat/Book/etc) Store Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 18-unit multifamily property in Downtown Napa with upside potential.
Where is this apartment building located?
The property is located at 529 Franklin St Napa, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime Downtown Napa location, walkable to dining, retail, and entertainment.; Significant recent capital improvements, including new roofs (2025), updated electrical, repaved parking, and new exterior paint.; Desirable unit mix of 1- and 2‑bedroom flats and townhomes, appealing to a broad tenant base.
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