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Duplex with Attached Garages
New
For Sale
$449,000

949 W Creighton Street, Eureka, CA 95501

Multi-Family, Eureka, CA

Property Size1,468 SF
Lot Size0.16 Acres
Price / SF$305.86
Days on Market1

Property Features for 949 W Creighton Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Zoning description Multi-Family
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features Garage
Lot features Corner Lot
Subdivision South Bay
Standard status Active
APN 008-042-001
Size 1,468 SF
Lot size 0.16 Acres

Utilities

Heating system Floor Furnace, Wall Furnace, Natural Gas

Amenities

attached garages
washer and dryer hookups
separate fenced yards
fireplace

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl
Roof type Shingle
Listing Agency: Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
Listed By: Joe Matteoli · License #01227617
Added: Oct 20 Last Checked: Oct 20 at 3:06PM
MLS# 273573

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 1,468-square-foot duplex, built in 1950, contains two residences on a 0.16-acre corner lot. The unit mix is one 1-bedroom, 1-bathroom residence and one 2-bedroom, 1-bathroom residence. Both have attached garages and washer and dryer hookups; the larger unit also includes a fireplace in its living room. Each residence has a separate fenced yard.

Located in Eureka, the property is zoned Multi-Family. Interior finishes include carpet and vinyl flooring, and heating is provided by natural-gas floor and wall furnaces.

Key Highlights

  • Two units: one with 1 bedroom and 1 bathroom; the other with 2 bedrooms and 1 bathroom
  • 1,468 square feet on a 0.16‑acre corner lot
  • Attached garage and separate fenced yard for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,993
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,860 $379.9K
Cap Rate 7%
$271,329 $271.3K
Cap Rate 9%
$211,033 $211.0K
Market Conditions
NOI Build-Up for 1,468 SF
Gross rent
$29.1K $19.80/SF
− Vacancy
−$1.9K −$1.32/SF
EGI
$27.1K $18.48/SF
− OpEx
−$8.1K −$5.54/SF
NOI
$19.0K $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%
$379,860
Cap Rate 7%
$271,329
Cap Rate 9%
$211,033

Alternative Uses

Best Use
Multifamily LT 5
$271.3K
$237.4K – $316.6K (±1% cap)
NOI $18,993 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$249.7K
$218.5K – $291.4K (±1% cap)
NOI $17,481 @ 7.0% cap · market cap 3.89%
Theoretical Best
Flex RnD
$554.4K
$485.1K – $646.8K (±1% cap)
NOI $38,807 @ 7.0% cap · market cap 8.64%
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

Location Intelligence

Trade Area within ½ mile

622
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?
Duplex - Each residence has a private fenced yard, with a fireplace in the two-bedroom unit.
Where is this duplex located?
The property is located at 949 W Creighton Street Eureka, CA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two units: one with 1 bedroom and 1 bathroom; the other with 2 bedrooms and 1 bathroom; 1,468 square feet on a 0.16‑acre corner lot; Attached garage and separate fenced yard for each residence
More about this property
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