An incredible Marin County investment opportunity in the unincorporated section west of Fairfax. The property is located on .78 acres (33,927 sf) of land and features three spacious side-by-side duplexes with 3BR/1.5 BA townhouse units. Each apartment is 1,428sf. They are thoughtfully designed for modern living. The property's open layout gives each building a sense of privacy and lends itself to future development, such as ADUs. Three separate parcels; however, necessary easements for driveway, parking, utilities, etc between the properties still need to be created and recorded. Buyer to confirm with the County. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units previously rented in the $4500 range. Overall, the property seems to be in good condition, however, a neighboring property caused a mudslide above the middle upper duplex. These two units remain empty and still need substantial repairs, as well as the hillside directly above. Three duplexes priced at $916,000 each with one discounted $500,000 for repairs needed. Properties being sold as a package for $2,250,000 AS IS. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. Live in one or Fix and Flip.
Sold for $1,850,000 on 08/04/25
$1,850,000
329 - 339 Olema Road, Fairfax, CA 94930
--beds
0baths
8,568sqft
Multi Family
Built in 1964
-- sqft lot
$1,849,600 Zestimate®
$216/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 09:48am
Listed by:
Michael J Burke DRE #00454938 415-518-7200,
Golden Gate Sotheby's 415-464-9300
Bought with:
Michael J Burke, DRE #00454938
Golden Gate Sotheby's
Pamela Burke, DRE #02156257
Golden Gate Sotheby's
Source: BAREIS,MLS#: 325057485
Originating MLS: Marin County

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- None
Appliances
- Laundry: In Unit
Interior area
- Total structure area: 8,568
- Total interior livable area: 8,568 sqft
Property
Parking
- Total spaces: 9
- Parking features: Off Street, Uncovered
- Uncovered spaces: 9
Features
- Levels: Two
- Patio & porch: Enclosed, Deck
- Has view: Yes
- View description: Garden/Greenbelt, Hills
Lot
- Size: 0.78 Acres
- Features: Secluded
Details
- Parcel number: 17405130
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Wood
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1964
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Fairfax
HOA & financial
HOA
- Has HOA: No