$8,016 Closing Credit¹
#C1-10894, Sarah Schoeneman, Listing Office: Mendo Sotheby's International Realty
$668,000 List price
183 Grove St Fort Bragg, CA 95437
$7,933
Closing credit¹
3 beds
2 full
2,339 sqft
0.2 acres
$286 / sqft
Multi-Family
Property details
About 183 Grove St
Nestled in a desirable, walkable neighborhood in Fort Bragg, this unique duplex property offers the perfect blend of privacy, flexibility, and investment potential. Unlike traditional duplexes, these two detached homes are separately accessed by private driveways, providing the independence and privacy of single-family residences. With tenants already in place on 1-year leases ($2,300/month and $1995/month), this property is primed for immediate cash flow with a solid 6.2% cap rate. Each home was meticulously updated in 2024, with tenants responsible for utilities and landscaping, minimizing owner expenses. Gross annual income totals $51,540, with a net operating income of $41,089 after accounting for projected property taxes and hazard insurance costs of $10,450 combined. The front home features two stories with a one car garage, while the rear home offers a cozy single-level. Each have separate yard spaces. This versatile property is ideal for savvy investors seeking a strong return or buyers planning for future personal use, or accommodating a family member while retaining rental income. Located just minutes from downtown Fort Bragg's charming shops and restaurants, this is an opportunity to own two detached homes on one lot in a prime location.
Highlights
Home typeMulti Family
HeatingWall Furnace, Wood Stove
StatusActive
Size2,339 sqft
Lot size0.1573 Acres
Year built1982
ParkingDetached
MLS #324094157
Garage1 space
FireplaceWood Stove
Summary
- MLS Number: 324094157
- MLS Name: BAREIS MLS
- Office Name: HomeSmart Advantage Realty
- Listing Agent: Jennifer Jacobs
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Last updated on: 3/13/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$668,000
183 Grove St
$7,933
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 07, 2022 | Home Sold | $400,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $400,000 | $4,842 |
| 2022 | $347,743 | $3,958 |
| 2021 | $340,926 | $3,958 |
| 2020 | $337,453 | $3,907 |
| 2019 | $330,840 | $3,857 |
| 2018 | $324,354 | $3,624 |
| 2017 | $360,000 | $3,624 |
History based on county public records data.
Nearby schools
3
Dana Gray Elementary School
Public District 3-5
0.6 mi
•1197 E Chestnut St
4
Blosser Lane Elementary School
Public District 3-5
23.7 mi
•1275 Blosser Ln
5
Willits Elementary Charter
Public Charter KG-5
24.2 mi
•405 E Commercial 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 $36,600. Typical income of Fort Bragg, CA residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
40%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
15%
Single, with Kids
21%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
Soccer
Where do the neighbors shop?
Kmart
Stein Mart
Old Navy
Where do the neighbors go to eat?
Bob Evans
Jimmy Johns
Dominos Pizza
What do the neighbors drive?
Buick
Lincoln
GMC
What do the neighbors listen to?
Oldies
News/Talk/Information
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 183 Grove St in Fort Bragg, CA and zip code 95437. This 2,339 square foot home, which was built in 1982, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $668,000.
Over 0 listings were sold over their listed price in February 2025 in Fort Bragg, CA. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. In February 2025 in Fort Bragg, CA there were 17% more homes for sale than in January. In February 2025, listings were on the market for 129 days. During the same period, the median list price in this real estate market was $639,250.
From Rocket Homes Real Estate and based on county public records data.