Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex offers terrific cash flow and a stable tenant base. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents. All units are 2 bedroom, 1.5 baths with a well-designed and spacious floor plan, large upstairs bedrooms with jack-and-jill bathroom and ample closets, central HVAC, fireplaces and private fenced yards. Amenities include on-site laundry facilities, in-ground pool, and carports plus additional on-site paved parking. Impeccably maintained landscaping and underground utilities create a parklike setting at the end of a cul-de-sac in a desirable centrally located neighborhood. The City of Ukiah recently approved a minor subdivision and rezoning creating a separate 1.06 acre parcel that is not included in this offering, and both parcels are now zoned Medium Density Residential (R-2). Ukiah is in the heart of Mendocino County Wine Country, under two hours to the Golden Gate Bridge and one hour north of the Sonoma County Airport.
Active
$3,200,000
960 Marlene Street, Ukiah, CA 95482
40beds
22,211sqft
Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$144/sqft
$-- HOA
What's special
- 675 days
- 187
- 5
Zillow last checked:
Listing updated:
Listed by:
Marcia M Lazaro DRE #01915451 707-972-4204,
Coldwell Banker Mendo Realty 707-462-5400,
John Lazaro DRE #00928841 707-972-5400,
Coldwell Banker Mendo Realty
Source: BAREIS,MLS#: 324084737
Originating MLS: Mendocino
Originating MLS: MendocinoFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 40
- Full bathrooms: 4
- Partial bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
- Laundry: Coin Operated, Common Area, Other
Features
- Unit 1 - Beds: 0, Baths: 0, Square Footage: 22211 | Unit 2 - Beds: 40, Baths: 40, Square Footage: 21980 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 22211 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 22211
- Flooring: Carpet, Laminate, Linoleum, Tile
- Windows: Window Coverings, Screens
Interior area
- Total structure area: 22,211
- Total interior livable area: 22,211 sqft
Video & virtual tour
Property
Parking
- Total spaces: 22
- Parking features: Carport, Detached, Uncovered
- Garage spaces: 1
- Carport spaces: 19
- Uncovered spaces: 2
Accessibility
- Accessibility features: Varies By Unit
Features
- Levels: Two
- Stories: 2
- Patio & porch: Enclosed
- Exterior features: Yard Space
- Fencing: Fenced
- Has view: Yes
- View description: Garden/Greenbelt, Hills
Lot
- Size: 1.24 Acres
- Features: Cul-De-Sac, Curb(s), Curbs/Gutters, Landscape Front, Sidewalk
Details
- Parcel number: 0031004300
- Zoning: R2
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
- Foundation: Concrete, Slab
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, City, Internet Available, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s), Varies By Unit
HOA
- Has HOA: No
Location
- Region: Ukiah
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $104,868
- Annual tax amount: $1,389
- Date on market: 10/24/2024
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Price change | $3,200,000-8.4%$144/sqft |
Source:  BAREIS #324084737 Report a problem | ||
| 10/20/2025 | Listed for sale | $3,495,000-7.5%$157/sqft |
Source: BAREIS #324084737 Report a problem | ||
| 10/11/2025 | Listing removed | $3,780,000$170/sqft |
Source: BAREIS #324084737 Report a problem | ||
| 10/24/2024 | Listed for sale | $3,780,000$170/sqft |
Source: BAREIS #324084737 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,389 +3.7% | $104,868 +2% |
| 2024 | $1,339 +0.9% | $102,812 +2% |
| 2023 | $1,328 +3.1% | $100,797 +2% |
| 2022 | $1,287 | $98,822 +2% |
| 2021 | -- | $96,885 +1% |
| 2020 | $1,157 +6% | $95,959 +2% |
| 2019 | $1,092 +2.5% | $94,078 +2% |
| 2018 | $1,065 +1.6% | $92,234 +2% |
| 2017 | $1,048 +3.1% | $90,426 +2% |
| 2016 | $1,017 +0.8% | $88,654 +1.5% |
| 2015 | $1,009 +2.4% | $87,323 +2% |
| 2014 | $985 | $85,613 +0.5% |
| 2013 | -- | $85,226 +2% |
| 2012 | -- | $83,555 +2% |
| 2011 | -- | $81,917 +0.8% |
| 2010 | -- | $81,305 -0.2% |
| 2009 | -- | $81,498 +2% |
| 2008 | -- | $79,900 +2% |
| 2007 | -- | $78,333 +2% |
| 2006 | -- | $76,797 +2% |
| 2005 | -- | $75,292 +2% |
| 2004 | -- | $73,815 +1.9% |
| 2003 | -- | $72,462 +2% |
| 2002 | -- | $71,042 +2% |
| 2001 | -- | $69,620 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95482
Nearby schools
Schools provided by the listing agent
- District: Ukiah Unified
Source: BAREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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