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534 S State St, Ukiah, CA 95482

$1,250,000
•
  • —

    bed

  • 4

    bath

Multi-family for sale 35 days

About 534 S State St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Parking 5 garage spaces
Rental estimate
Property description
Rare Commercial/Residential Investment Opportunity in Downtown Ukiah! This fully occupied, income-producing property offers a unique combination of commercial and residential spaces, featuring four commercial rental units and seven residential income units. With multiple income streams and a strong rental market, this property presents an excellent opportunity for investors looking to expand or diversify their portfolio. Ideally located in the heart of downtown Ukiah, the property benefits from excellent visibility and convenient access to the many amenities of downtown living. The central location helps attract quality tenants and customers while providing convenience to shopping, dining, services, and other downtown attractions. Zoned C-1, this versatile property offers the opportunity to live and work on-site while benefiting from a strong rental market. A unique opportunity for investors seeking established income and long-term potential in a prime downtown location. Located approximately two hours north of the Golden Gate Bridge and one hour from Sonoma County Airport.
Listed by
Listing Agent - Patricia McMillen
Listing Office - RE/MAX Gold - Selzer and Associates
Source: BAREIS mls logo
MLS#326072317 • last updated 1 month ago
Movoto checked BAREIS for data 8 minutes ago
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Overview
Cooling/AC Varies By Unit
Heating Varies By Unit
Levels/Style 0, Other
SubType 5 Or More Units
Type Residential Income
MLS # 326072317
Status Active
On Market Date 2026-08-24
Lot Size (Acres) 0.23
Lot Size (SqFt) 10019
Condition Updated/Remodeled, Varies By Unit
Interior
Laundry In Common Area, Varies By Unit
Flooring Varies By Unit
Appliances Varies By Unit
Exterior
Foundation Slab
Roof Composition
# Garage Spaces 5
# Parking Spaces 7
Parking Attached, Street, Uncovered
# Open Parking Spaces 2
Lot Desc Sidewalk
Amenities / Utilities
Water Source Public
Utilities Cable Available, City
Sewer/ Septic Public Sewer
Security Features Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Secured Access
Location
Area Ukiah
County Mendocino
APN 002-272-12-00
Zoning C1
Multifamily Details
1-BR: Rent Range N.a
3-BR: Rent Range N.a
4-BR: Rent Range N.a
Unit 2: # Full Bathrooms 1
Unit 3 541 South School St A&B
Unit 2: # of Rooms 1
Unit 1 532 S State Street
2-BR: Rent Range N.a
Unit 1: # Full Bathrooms 1
Unit 4 104 West Mill
Unit 2 534 South State Street
Unit 3: # Full Bathrooms 2
# of Units 10
# of 1-Bedroom Units 5
Total # of Buildings 3
Gross Rent Multiplier 10.06
Tenant Pays Other
Gross Scheduled Income $ 124260
Cap Rate 6
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Source: GreatSchools.org © 2026. All rights reserved.

Around G0100

Explore everything this neighborhood has to offer.
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Walk
88/100
Family
27/100
Dining
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  • Real Estate
  • CA
  • Mendocino County
  • Ukiah
  • 95482
  • 534 S State St

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