Four-Building Multifamily
6561 Spring Street Fields Landing, CA 95537
New
6561 Spring Street, Fields Landing, CA, 95537
$1,600,000
For Sale
$1,600,000
MULTI_FAMILY - Other - Fields Landing, CA
Property Size6,500 SF
Lot Size3.20 Acres
Price / SF$246.15
Days on Market2
Property Features for 6561 Spring Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Single Family
- Bedrooms
- 14
- Bathrooms
- 7
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 6, Bedroom 10, Bathroom 4, Bathroom 6, Bedroom 14, Bedroom 11, Bedroom 9, Bathroom 1, Bedroom 13, Bedroom 8, Bedroom 7, Bathroom 7, Bedroom 5, Bedroom 2, Bathroom 5, Bedroom 1, Bedroom 4, Bedroom 12
- Parking features
- Garage
- Standard status
- Active
- Size
- 6,500 SF
- Lot size
- 3.20 Acres
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 7
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Ming Tree, Inc.
(707) 445-4500
509 J Street, Eureka, CA
Listed by
Larry O. Doss · License #01196417
(707) 599-3332
Added: Jul 15 Checked: Jul 16 at 5:06 pm
MLS# 272858
Listing URL
Copyright © 2026 Humboldt Association of Realtors. 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.
Located at 6561 Spring Street in Fields Landing, this for-sale, four-building residential income property is arranged as one duplex, two single-family homes, and one triplex. The buildings sit together on one lot and are supported by a reported maintenance history and long-term rental performance.
The property is described as being east of the highway with clear bay views, and it is just a couple minutes to a public boat ramp.
Zoning is listed as Single Family. The current configuration provides multiple income streams, with the property also being described as offering potential for further development via parcel splitting and/or additional unit construction, subject to applicable approvals.
The property is described as being east of the highway with clear bay views, and it is just a couple minutes to a public boat ramp.
Zoning is listed as Single Family. The current configuration provides multiple income streams, with the property also being described as offering potential for further development via parcel splitting and/or additional unit construction, subject to applicable approvals.
Key Highlights
- One lot with four buildings: 1 duplex, 2 single‑family homes, and 1 triplex
- Great rental history with maintained property and long‑term tenants
- Option to live in one unit while renting the others
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.7k | $19.80 |
| − Vacancy | −$8.6k | −$1.32 |
| EGI | $120.1k | $18.48 |
| − OpEx | −$36.0k | −$5.54 |
| NOI | $84.1k | $12.94 |
6,500 SF · lease $19.80/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,099 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$1.11M
$967.5K – $1.29M
NOI $77,400 @ 7.0% cap · market cap 4.84%
Theoretical Best
Flex RnD
$2.45M
$2.15M – $2.86M
NOI $171,827 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - One duplex, two single-family homes, and one triplex on a single lot.
Where is this duplex located?
The property is located at 6561 Spring Street Fields Landing, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: One lot with four buildings: 1 duplex, 2 single‑family homes, and 1 triplex; Great rental history with maintained property and long‑term tenants; Option to live in one unit while renting the others
