The property, a six-unit multifamily property is located in the heart of Petaluma. The property consists of six, fully remodeled two-bedroom 1.5-bath, town-house-style units with 8 newly paved parking spaces (one per unit, plus two additional rentable spaces). The building and units have been extensively updated. Unit renovations include new flooring, trims and two-tone paint and blinds throughout, new stainless-steel appliances and countertops in the kitchen, new electrical finishes and lighting throughout and new bathrooms. Additionally, the property offers coin-laundry and storage units on-site for additional annual income as well as the potential to add in-unit laundry to further increase property cash flow. This investment opportunity offers a great unit-mix, ideal location and significant appreciation potential
For sale
Price cut: $126K (7/30)
$2,799,000
408 Keller Street, Petaluma, CA 94952
12beds
5,940sqft
Est.:
Multi Family
Built in 1980
-- sqft lot
$2,686,100 Zestimate®
$471/sqft
$-- HOA
What's special
Town-house-style unitsNew flooringNew electrical finishesNew stainless-steel appliances
- 45 days
- on Zillow |
- 571 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 04:35am
Listed by:
Erich M Reichenbach DRE #01860626 415-302-2144,
Marcus & Millichap Real Estate 310-909-5500
Source: BAREIS,MLS#: 325064948
Originating MLS: Marin County

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Central
Cooling
- None
Appliances
- Laundry: Coin Operated
Interior area
- Total structure area: 5,940
- Total interior livable area: 5,940 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Features
- Levels: Two
- Stories: 3
- Patio & porch: Balcony/Deck, Covered, Enclosed
- Exterior features: Playground
- Fencing: Fenced
- Has view: Yes
- View description: City, Downtown, Mountain(s)
Lot
- Size: 9,147.6 Square Feet
- Features: Landscape Back
Details
- Parcel number: 006158009000
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Petaluma
Financial & listing details
- Price per square foot: $471/sqft
- Date on market: 7/16/2025
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