Listed by Coldwell Banker Mendo Realty Ukiah
$2,095,000
530-570 Talmage Rd.
Details
APN 003-150-56, 003-150-57, 003-150-58, 003-150-59
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 8,488
Net Rentable (SqFt) 8,448
Units 16
Cap Rate 5.86%
NOI $122,871
Occupancy 100%
Lease Options Varies by unit
Pro-Forma Cap Rate 5.79%
Pro-Forma NOI $121,200
Price per SqFt $247
Class B
Year Built 1947
Year Renovated Varies by Unit
Buildings 4
Stories 1
Acreage 1.020
Zoning C-1
Parking Spaces 16 per unit
Investment Type Owner/User
Occupancy Date 03/03/2026
Multifamily | 16 Units | $130,938/unit
Marketing description
A great multi-family investment opportunity in South Ukiah, this well-maintained 16-unit apartment complex offers good cash flow with a stable tenant base, C-1 zoning, and four 4-plexes on four separate legal parcels. The 1 bedroom/1 bath, 572+/- square foot units offer an open kitchen/living room layout, bright spacious bathrooms and individual attached carports. Very clean complex with many recent upgrades including newer roof and exterior paint, dual pane windows and new vinyl flooring, interior paint, kitchen cabinets and appliances in several units during the current ownership. Conveniently located close to Ukiah's busy Airport Blvd. shopping area, schools and freeway access. Ukiah is in the heart of Mendocino County Wine Country, just 2 hours north of the Golden Gate Bridge and 1 hour to the Sonoma County Airport.
Listing Contacts
Listed by Coldwell Banker Mendo Realty Ukiah
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$122,871.00
$10,239.25/mo
Valuation Metrics
0
DSCR
5.86%
Cap Rate
5.86%
ROI
Map
Zoning
C1 CommercialRetail CommercialCommunity Commercial
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View all 48 uses
View all 48 uses Last updated Feb 12, 2026 For deeper zoning details, reports are available at Zoneomics
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