Movoto Real Estate
Search
About Tour Schools Neighborhood Places of interest Commute Home value Tax history Market statistics
  • Exterior
  • View/Area
  • Bedroom
  • Other
  • Bath
  • Dining
  • Kitchen
  • Living

1041 3rd St, Novato, CA 94945

$1,500,000
  • 8

    bed

  • 4

    bath

  • 4,000

    Sqft ($375/Sqft)

Multi-family for sale 3 hours
Learn about Novato's top local Real Estate agents

About 1041 3rd St

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 7,501 Sqft
Parking 1 garage spaces
Property description
Centrally located in the heart of Downtown Novato, Third Street Apartments is a well-maintained 4-unit property featuring spacious 2-bedroom units setback on a level parcel in coveted Marin County. This midcentury gem includes exposed beam ceilings, in-unit laundry, dishwashers, covered parking, tenant storage, several fenced patios or decks, and updated electrical. Third Street Apartments offers a rare investment opportunity with strong fundamentals and substantial upside potential in a highly desirable location.
Listed by
Listing Agent - Katherine Y Raphael
Listing Office - NORCAL COMMERCIAL
Source: BAREIS mls logo
MLS#326076896 • last updated 10 hours ago
Movoto checked BAREIS for data Just now
Request a virtual or in-person tour
Overview
Cooling/AC None
Heating Central, Fireplace(s), Varies By Unit, Wall Furnace
Levels/Style 2
SqFt 4000
SubType Quadruplex
Type Residential Income
Year Built 1968
MLS # 326076896
Status Active
On Market Date 2026-09-09
Lot Size (Acres) 0.1722
Lot Size (SqFt) 7501
Interior
Laundry In Each Unit, Washer/Dryer Owned
Flooring Carpet, Laminate, Tile, Varies By Unit
Appliances Dishwasher, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Varies By Unit
Exterior
Foundation Concrete, Slab
Roof Flat
# Garage Spaces 1
# Parking Spaces 7
Parking Carport, Garage, Off Street, Open, Street
# Carport Spaces 3
# Open Parking Spaces 3
Lot Desc Shape Regular
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
Area Novato
County Marin
APN 141-261-34
Multifamily Details
# of 2-BR Occupied 3
Unit 2: # Bedrooms 2
Unit 4: # of Rooms 5
Unit 4: # Bedrooms 2
Unit 2: # Full Bathrooms 1
Unit 3 Unit 3
Unit 4: # Full Bathrooms 1
Unit 2: # of Rooms 5
Unit 1 Unit 1
2-BR: Rent Range 2122-2650
Unit 1: # Full Bathrooms 1
Unit 3: # Bedrooms 2
Unit 4 Unit 4
Unit 2 Unit 2
Unit 3: # Full Bathrooms 1
Unit 3: # of Rooms 5
Unit 1: # Bedrooms 2
Unit 1: # of Rooms 5
# of Units 4
# of 2-Bedroom Units 4
Total # of Buildings 1
Separate Meters Electricity, Gas
Gross Rent Multiplier 12.51
Gross Scheduled Income $ 119916
Cap Rate 5.39
Tour this home
When would you like to see 1041 3rd St?
question
Have a question about this property? Call us at (844) 430-0869
5/10
Lu Sutton Elementary School
public Grades K-5
Novato Unified School District
6/10
Sinaloa Middle School
public Grades 6-8
Novato Unified School District
8/10
San Marin High School
public Grades 9-12
Novato Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Central Novato

Explore everything this neighborhood has to offer. Learn more about Central Novato.
View homes for sale in Central Novato
  • Real Estate
  • CA
  • Marin County
  • Novato
  • 94945
  • Central Novato
  • 1041 3rd St

My commute

Enter a destination to see travel time and distance.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Novato, CA

Nearby recently sold homes in Novato, CA

Newest listings in 94945

Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by BAREIS MLS ®. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate for sale on this web site comes in part from the Bay Area Real Estate Information Services, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.