#325030259, David Poulsen, Listing Office: eXp Realty of California, Inc
1000 Ripley St Santa Rosa, CA 95401
Property details
About 1000 Ripley St
Don't miss this rare opportunity to own a 5-unit apartment property with strong income potential and a 6 CAP rate! This unique investment includes a charming single-family home and a fully leased fourplex, all situated on one parcel. The fourplex features four spacious 2-bedroom, 1-bath units, each currently rented below marketoffering significant room for increased cash flow. The standalone 2-bedroom, 1-bath home adds versatility to the property, ideal for continued rental income or future owner occupancy. Located in a desirable, tenant-friendly neighborhood near schools, public transportation, shopping, and with convenient highway access, this property benefits from consistent rental demand. Whether you're expanding your portfolio or searching for a well-positioned, income-generating asset with built-in upside, this 5-unit apartment building delivers on all fronts.
Highlights
Summary
- Flooring Type: Carpet, Vinyl
- Parking: Covered, Detached, Street
- Architectural Style: Traditional
- Heating: Central
- Cooling: None
- List Price: $1,459,000
- Price/SqFt: $325
- Annual Tax Amount: $13,172
- Tax Year: 2024
- Lot: Cul-De-Sac
- Directions: Cleaveland to lincoln to ripley
- Year Built: 1973
- Living Area: 4,480 SqFt
- Lot Size: 0.2204 Acres
- MLS Number: 325025258
- MLS Name: BAREIS MLS
- Office Name: Excellerate Real Estate
- Listing Agent: Julian Solano, Michael C Williams Michael C Williams
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Last updated on: 5/6/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,459,000
1000 Ripley St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 03, 2019 | Home Sold | $1,040,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,139,588 | $13,172 |
2023 | $1,117,087 | $12,980 |
2022 | $1,095,223 | $12,166 |
2021 | $1,073,789 | $12,019 |
2020 | $1,063,000 | $11,994 |
2019 | $413,805 | $4,795 |
2018 | $405,732 | $4,795 |
2017 | $397,817 | $4,710 |
History based on county public records data.
Nearby schools
4
Kid Street Learning Center Charter
Public Charter KG-6
0.3 mi
•709 Davis St
2
Abraham Lincoln Elementary School
Public District KG-6
0.7 mi
•850 W 9th St
7
Luther Burbank Elementary School
Public District KG-6
0.8 mi
•203 S A St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,341. The most common annual income of people living in Santa Rosa, CA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1000 Ripley St in Santa Rosa, CA and zip code 95401 in the West End neighborhood. This 4,480 square foot home, which was built in 1973, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $1,459,000.
In April 2025, from all listings sold in Santa Rosa, CA there were more than 51 sold above asking price, over 54 sold below and more than 25 were sold right at the asked price. In April 2025 in Santa Rosa, CA there were 22.4% more homes for sale than in March. While the average time on the market in April 2025 was 34 days, the median list price was $748,873.