Multifamily

Penngrove, CA Multifamily Properties for Sale

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Petaluma, CA Cotati, CA Rohnert Park, CA Santa Rosa, CA Sebastopol, CA Sonoma, CA Glen Ellen, CA Kenwood, CA
Two-Residence Income Property
Updated: May 9
Two-Residence Income Property

8815 Petaluma Hill Rd, Penngrove, CA 94951

$1,249,000
Multi‑residence property at 8813‑8815 Petaluma Hill Road in Penngrove with two separate homes
8815 Petaluma Hill Rd: 3 bedrooms, 1 bath, with private entrance, garage, and outdoor space
8813 Petaluma Hill Rd: 1 bedroom, 1 bath, with private entrance, garage, and outdoor space
Both residences include Chef kitchens, laundry closets, and hardwood or vinyl flooring
Both homes have a wood burning fireplace and stylish finishes
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Penngrove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Craftsman Multifamily Estate with Pool
Craftsman Multifamily Estate with Pool

724 Liberty Road, Petaluma, CA 94952

$2,800,000
2,619 sqft 3.31 AC lot

Updated 1920s Craftsman residence and adjoining income-producing residences set on two parcels with outdoor amenities and expansive parking.

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Mobile Home Park Income Opportunity
Mobile Home Park Income Opportunity

405 W Crystal Drive, Cotati, CA 94931

$255,000
900 sqft

For sale mobile home and RV park in Cotati with an address at 405 W Crystal Drive.

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Residential Income Property
Residential Income Property

7 Michael Drive, Petaluma, CA 94954

$295,000
1,579 sqft

Residential unit within Youngstown Mobile Home Park, reached via McDowell Blvd and the second house on the right.

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Residential Income Property
Residential Income Property

302 Floral Drive, Cotati, CA 94931

$265,000
910 sqft

For sale residential income property at 302 Floral Drive in Sonoma County.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Clearlake Land/Lot Opportunity
Clearlake Land/Lot Opportunity

3519 Covelo Street, Clearlake, CA 95422

Contact for pricing
0.13 AC lot

Three adjoining lots near Pomo school, ideal for manufactured home.

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Land with Private Well
Land with Private Well

7114 Horseshoe, Corning, CA 96021

$34,900
1.28 AC lot

Over an acre of land with a private well.

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Residential Land for Mobile Home
Residential Land for Mobile Home

15785 Placer Court, Corning, CA 96021

Contact for pricing
1.61 AC lot

Level 1.61-acre lot with power poles at the street, suited for residential farm use under RE-MH-BZ zoning.

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Residential Homesite Land
Residential Homesite Land

16305 Hillcrest Drive, Corning, CA 96021

Contact for pricing
1.86 AC lot

1.86-acre homesite in the Rancho Tehama community with utilities nearby and access to a community park.

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Off-Market Properties in Penngrove, CA

Consider similar Off-Market properties in Penngrove, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

225 Adobe Rd
APARTMENT HOUSE (5+ UNITS)

225 Adobe Rd, Penngrove, CA 94951

$1,800,000
Estimated value
2,916 sqft 4.14 AC lot
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620 Palm Ave
APARTMENT HOUSE (5+ UNITS)

620 Palm Ave, Penngrove, CA 94951-9679

Value Estimation by Request
1,330 sqft 3.87 AC lot
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6070 Old Redwood Hwy
MOBILE HOME PARK, TRAILER PARK

6070 Old Redwood Hwy, Penngrove, CA 94951-8741

Value Estimation by Request
1,980 sqft 3.18 AC lot
View details
5675 Old Redwood Hwy
APARTMENT HOUSE (5+ UNITS)

5675 Old Redwood Hwy, Penngrove, CA 94951-7606

Value Estimation by Request
268 sqft 1.52 AC lot
View details

Penngrove, CA Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Penngrove, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,249,000.

Sale prices for multifamily properties in Penngrove, CA start at $1,249,000, averaging $1,249,000, and reaching up to $1,249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 3,628
Population Growth (5Y) -20.6%
Median Household Income $116,093
College Educated 56.6%

Taxes & Financing

Tax Rate (average for all types) 1.87%
Property Tax per SF $23.83 per SF
Tax Rate vs County Average 0.73 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sonoma County

New Delisted

Total CRE Inventory on Market (SF)

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