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Duplex with Natural Gas Heat
For Sale
$725,000
Pending

757 Park Avenue, Arcata, CA 95521

Multi-Family, Arcata, CA

Property Size2,056 SF
Lot Size0.22 Acres
Days on Market178

Property Features for 757 Park Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Lot features City Lights View, Woods View
View City
Elementary school Arcata
High school Arcata
Directions Fickle Hill road to Park Ave.
Subdivision North Bay
Standard status Pending
APN 503-103-031
Size 2,056 SF
Lot size 0.22 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 2007
Floors in Building 2
Number of units 2
Roof type Shingle
Listing Agency: Community Realty-Arcata
Listed By: Tim Lorenzo · License #01769910
Added: Apr 13 Changed: Oct 6 Last Checked: Oct 7 at 12:06AM
MLS# 272003

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.

Built in 2007, this duplex contains 2,056 square feet and sits on a 0.22-acre parcel. Its improvements include a shingle roof, natural gas and forced-air heating, and public sewer service. The property is zoned Multi-Family.

The address is 757 Park Avenue in Arcata, adjacent to the city's wooded walking trails and near the town center.

Key Highlights

  • 2,056‑square‑foot duplex on 0.22 acres
  • Built in 2007
  • Multi‑Family zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,601
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,020 $532.0K
Cap Rate 7%
$380,014 $380.0K
Cap Rate 9%
$295,567 $295.6K
Market Conditions
NOI Build-Up for 2,056 SF
Gross rent
$40.7K $19.80/SF
− Vacancy
−$2.7K −$1.32/SF
EGI
$38.0K $18.48/SF
− OpEx
−$11.4K −$5.54/SF
NOI
$26.6K $12.94/SF
Area
Humboldt County, CA
Vacancy
6.65%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,020
Cap Rate 7%
$380,014
Cap Rate 9%
$295,567

Alternative Uses

Best Use
Multifamily LT 5
$380.0K
$332.5K – $443.4K (±1% cap)
NOI $26,601 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$349.7K
$306.0K – $408.0K (±1% cap)
NOI $24,482 @ 7.0% cap · market cap 3.38%
Theoretical Best
Flex RnD
$776.4K
$679.4K – $905.8K (±1% cap)
NOI $54,350 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Electrical Service Kitchen & Bath Showroom Daycare Center Big Box & Wholesale Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby

Demographics for 95521, CA

21,581
Population
9,797
Households
2.2
Avg Household Size
30
Median Age
45%
College-Educated
95%
High-School Grad
60.4 sq mi
ZIP Area
357
Density / Sq Mi
$54,324
Median Household Income
$24,129
Median Earnings
$1,300
Median Rent
$478,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Multi-family zoning, public sewer, and forced-air heating support the property's residential configuration.
Where is this duplex located?
The property is located at 757 Park Avenue Arcata, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,056‑square‑foot duplex on 0.22 acres; Built in 2007; Multi‑Family zoning
More about this property
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