Outstanding rental property investment opportunity in central Santa Cruz! Well maintained triplex with many recent improvements, highly desirable two-bedroom apartments, and a strong rental history. Ideally located near the rapidly growing downtown area with a Very walkable and Bikers Paradise rating that offers easy access to restaurants, shops, Whole Foods Market, Highway 1, the pier, Boardwalk, and beaches. Each unit has a private outdoor patio area and rare attached two-car garage that provides ample options for off-street parking, storage, and bonus living space. Lower operating expenses due to recent improvements and the potential for long-term value appreciation make this an excellent investment opportunity in a prime Santa Cruz location. Recent improvements include a newer roof, exterior paint job, sewer lateral replacement, water main replacement, newer water heaters, and interior flooring updates. Triplexes in Santa Cruz with this excellent condition, desirability, and long-term stability are rare in Santa Cruz. Don't miss this opportunity!
For sale
$1,785,000
136 Market St, Santa Cruz, CA 95060
6beds
3baths
2,250sqft
Triplex, Residential Income
Built in 1976
-- sqft lot
$-- Zestimate®
$793/sqft
$-- HOA
What's special
- 114 days
- 322
- 24
Zillow last checked:
Listing updated:
Listed by:
Marshall Keneipp 02115477 303-913-8113,
Miritz & Bailey Real Estate, Inc 831-588-4528
Source: MLSListings Inc,MLS#: ML82051657
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Electric
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Range Hood, Electric Oven/Range, Refrigerator
- Laundry: Hookups Only
Features
- Flooring: Carpet, Laminate, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached
- Garage spaces: 6
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 9,409 Square Feet
- Features: Regular
Details
- Parcel number: 00833323
- Zoning: R-1-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Crawl Space
- Roof: Shingle
Condition
- Year built: 1976
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Santa Cruz
Financial & listing details
- Price per square foot: $793/sqft
- Tax assessed value: $228,200
- Annual tax amount: $3,010
- Date on market: 6/19/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan, Other
- Inclusions: Building, DishwasherAllUnits, FixturesandEquipment, Land, OvenRangeAllUnits
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $1,785,000$793/sqft |
Source:  MLSListings Inc #ML82051657 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $228,200 +2% |
| 2025 | $3,263 +8.3% | $223,725 +2% |
| 2024 | $3,011 +1% | $219,338 +2% |
| 2023 | $2,981 +1% | $215,038 +2% |
| 2022 | $2,952 +1.8% | $210,822 +2% |
| 2021 | $2,901 +0.7% | $206,687 +1% |
| 2020 | $2,882 +2.3% | $204,568 +2% |
| 2019 | $2,817 +1% | $200,557 +2% |
| 2018 | $2,790 +1.1% | $196,624 +2% |
| 2017 | $2,760 +4.8% | $192,769 +2% |
| 2016 | $2,635 +10% | $188,989 +1.5% |
| 2015 | $2,395 +1.5% | $186,150 +2% |
| 2014 | $2,360 | $182,503 +2.5% |
| 2012 | -- | $178,117 +2% |
| 2011 | -- | $174,624 +0.8% |
| 2010 | -- | $173,319 -0.2% |
| 2009 | -- | $173,731 +2% |
| 2008 | -- | $170,324 +2% |
| 2007 | -- | $166,984 +2% |
| 2006 | -- | $163,710 +2% |
| 2005 | -- | $160,500 +2% |
| 2004 | -- | $157,353 +1.9% |
| 2003 | -- | $154,469 +2% |
| 2002 | -- | $151,440 +2% |
| 2001 | -- | $148,471 +2% |
| 2000 | -- | $145,559 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95060
Nearby schools
Schools provided by the listing agent
- Elementary: DeLaveagaElementary
- Middle: BranciforteMiddleSchool
- High: SantaCruzHigh
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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