Heidi place, Santa Rosa, CA 95403
Active
$1,249,000
Units
Beds
Baths
3,266 Area(sq.ft.)
Lot: n/a Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 326034415 |
| Listing Date: | April 22, 2026 |
| County: | Sonoma County |
| Property Type: | Residential Income |
| Price per ft2: | $ 382 |
| Year Built: | 1971 |
Property Details
Strategic Value-Add Opportunity | 2313 Heidi Place, Santa Rosa Investors and exchange buyers will find significant upside potential at 2313 Heidi Place, a fully occupied four-plex in Northwest Santa Rosa. This 3,266 sq. ft. building features four spacious 2-bedroom, 1-bathroom units split between two levels. While the property currently provides immediate cash flow, the units are in a non-updated state, offering a prime opportunity for a modern refresh to bring the interiors in line with today's market standards. Strategic updates will allow a new owner to optimize rental income and capture the building's full market potential. The ground floor also includes a shared coin-operated laundry room for tenant convenience and a landlord storage room for maintenance supplies. The location is a premier driver for long-term appreciation, situated just two minutes from Coddingtown Mall, Whole Foods, and Target. This proximity to high-end grocers and local dining makes the property a highly desirable home base for the local workforce, while quick access to Highway 101 and the SMART train station ensures it remains a top choice for commuters. This is a rare chance to acquire a substantial multi-family asset in a consistent rental corridor with a clear path to increasing value and future growth. Whether you are executing a 1031 exchange or expanding your Sonoma County portfolio, this property offers the ideal combination of stability and profit potential.Interested in this Listing?
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Income Details
| Gross Annual Income: | $ 99,120 |
| Cap Rate: | 5.95% |
| Gross Rent Multiplier: | 0 |
Structure
| Buildings: | 1 |
| Levels: | Two |
| Security Features: | Fire Alarm |
| Sewer: | Public Sewer |
Land & Parking
Interior
| AC/Cooling: | Ceiling Fan(s) |
| Heating: | Wall Furnace |
Exterior
Broker info
| List Office Name: | Compass |
| List Agent: | Christopher Asimos |
Detailed Map
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