Welcome to this exceptional 4-unit investment opportunity in the heart of Sonora, where location, income, and upside potential converge. Each of the four spacious 2-bedroom, 1-bathroom units offers approximately 1,000 sq ft of thoughtfully updated living space featuring granite countertops, private patio or balcony, baseboard heat, and wall A/C — everything tenants want, nothing left to update. But the real story here is what surrounds the units. Five covered carport spaces, a 3-car garage (comparable stalls lease for ~$125/month each — that's another $375/month in potential income), and roughly 20 additional open parking spots make this property a renter's dream in a town where parking is gold. Then there's the view. Your tenants aren't just renting an apartment — they're renting a front-row seat to downtown Sonora life. Sip coffee on the balcony, watch the parade from the back deck, and walk to shops, restaurants, and everything the historic downtown has to offer. And for the visionary investor: there's room to grow. The rear of the property offers space for an additional structure, and the zoning already supports it. Whether you build another unit, add ADUs, or hold for future appreciation, the optionality here is rare. Strong bones. Prime location. Built-in expansion potential. This is the kind of asset that doesn't come around often — and won't last when it does.
For sale
$700,000
418 S Shepherd St, Sonora, CA 95370
8beds
4baths
4,000sqft
Quadruplex
Built in 1970
-- sqft lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
- 63 days
- 200
- 10
Zillow last checked:
Listing updated:
Listed by:
Kristin Frankhauser DRE #01988702 209-768-7734,
RE/MAX GOLD
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41140102
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Washer
- Laundry: Common Area
Features
- Updated Kitchen, Tub w/Shower Over
- Flooring: Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Total spaces: 28
- Parking features: Carport - 2 Or More, Enclosed, Guest, Parking Lot, RV/Boat Parking, Uncovered Park Spaces 2+
- Has garage: Yes
- Has carport: Yes
- Has uncovered spaces: Yes
Lot
- Size: 10,018 Square Feet
- Features: Corner Lot, Level, Paved
Details
- Parcel number: 002192001000
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood
Condition
- Year built: 1970
Utilities & green energy
- Electric: No Solar
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Sonora
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $144,587
- Annual tax amount: $1,539
- Date on market: 6/30/2026
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$1,754/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $700,000$175/sqft |
Source: | ||
| 7/23/2026 | Pending sale | $700,000$175/sqft |
Source: | ||
| 6/30/2026 | Listed for sale | $700,000$175/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,539 +1.2% | $144,587 +2% |
| 2024 | $1,520 +1.6% | $141,753 +2% |
| 2023 | $1,497 +1.9% | $138,975 +2% |
| 2022 | $1,469 +2.2% | $136,251 +2% |
| 2021 | $1,438 +1.3% | $133,581 +1% |
| 2020 | $1,420 +3.4% | $132,212 +2% |
| 2019 | $1,373 -1.1% | $129,621 +2% |
| 2018 | $1,388 +4.7% | $127,080 +2% |
| 2017 | $1,326 | $124,589 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95370
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