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3-Unit Residential Triplex
For Sale
$349,000

813 Summer Street, Eureka, CA 95501

Multi-Family, Eureka, CA

Property Size2,379 SF
Lot Size0.14 Acres
Price / SF$146.70
Days on Market211

Property Features for 813 Summer Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Zoning description Multi-Family
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1
High school Eureka
Subdivision South Bay
Standard status Active
APN 001-047-009
Size 2,379 SF
Lot size 0.14 Acres

Utilities

Heating system Wall Furnace

Building Details

Year built 1878
Floors in Building 2
Number of units 3
Roof type Shingle
Listing Agency: EXP Realty of California, Inc.
Listed By: Cody Michael Hurst · License #02097302
Added: Apr 1 Changed: Oct 27 Last Checked: Oct 28 at 7:06AM
MLS# 271916

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.

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Investment Insights

Based on property information with market context.

This Eureka triplex contains three residential units across 2,379 square feet. The configuration includes one 1-bedroom unit and two 2-bedroom units. The property was built in 1878 and has wall-furnace heating and a shingle roof.

The parcel encompasses 0.14 acres and is zoned Multi-Family. The property is located at 813 Summer Street in Eureka, California.

Key Highlights

  • Three‑unit layout: one 1‑bedroom unit and two 2‑bedroom units
  • 2,379 square feet of building area
  • 0.14‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,780
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,600 $615.6K
Cap Rate 7%
$439,714 $439.7K
Cap Rate 9%
$342,000 $342.0K
Market Conditions
NOI Build-Up for 2,379 SF
Gross rent
$47.1K $19.80/SF
− Vacancy
−$3.1K −$1.32/SF
EGI
$44.0K $18.48/SF
− OpEx
−$13.2K −$5.54/SF
NOI
$30.8K $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%
$615,600
Cap Rate 7%
$439,714
Cap Rate 9%
$342,000

Alternative Uses

Best Use
Multifamily LT 5
$439.7K
$384.8K – $513.0K (±1% cap)
NOI $30,780 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$404.7K
$354.1K – $472.1K (±1% cap)
NOI $28,328 @ 7.0% cap · market cap 8.12%
Theoretical Best
Flex RnD
$898.4K
$786.1K – $1.05M (±1% cap)
NOI $62,889 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,899
Businesses Nearby

Demographics for 95501, CA

23,323
Population
10,577
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,195
Density / Sq Mi
$55,076
Median Household Income
$34,476
Median Earnings
$1,151
Median Rent
$389,900
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?
Triplex - The unit mix comprises one one-bedroom residence and two two-bedroom residences.
Where is this triplex located?
The property is located at 813 Summer Street Eureka, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Three‑unit layout: one 1‑bedroom unit and two 2‑bedroom units; 2,379 square feet of building area; 0.14‑acre parcel
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