Residential Income

Penngrove, CA Residential Income 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.

Mobile Home & RV Park
Mobile Home & RV Park

55 Michael Drive, Petaluma, CA 94954

$328,000
1,152 sqft

Mobile home and RV park property located in Sonoma County with access via McDowell Blvd.

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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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Residential Income Property
Residential Income Property

9 Ramble Creek Drive, Cotati, CA 94931

$165,000
800 sqft

Residential income opportunity on Ramble Creek Drive in Cotati, Sonoma County.

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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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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.

Vineyard and Home Site Land
Vineyard and Home Site Land

5601 S Gravenstein Highway, Sebastopol, CA 95472

$799,000
10.59 AC lot

A 10.59-acre parcel with vineyard use potential and perc testing for a 6-bedroom residential home.

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Petaluma Residential Lot with Views
Petaluma Residential Lot with Views

45 Augusta Circle, Petaluma, CA 94952

$443,000
0.27 AC lot

Prime lot with views in a sought-after gated community.

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Land For Sale Sebastopol
Land For Sale Sebastopol

1853 Cooper Road, Sebastopol, CA 95472

$740,000

Land available in Sonoma County on Cooper Road.

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Sonoma County Residential Lot Opportunity
Sonoma County Residential Lot Opportunity

17278 Hillcrest Avenue, Sonoma, CA 95476

$229,000
0.18 AC lot

Residentially zoned lot suitable for custom home construction in Sonoma.

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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
View details
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 Residential Income Properties Market Trends and Statistics

Explore 5 residential income 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 residential income 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
Multifamily properties 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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