Investment opportunity with this multi-family property built in 1912. Each of the 6 units showcases individual character and potential for customization. This income property boasts proximity to key local amenities. The property sits close to the historical heart of downtown Petaluma, surrounded by a variety of shopping and dining options, enriching the lifestyle of residents. Each unit features its unique charm and the property includes a security gate. Additionally, there is an outdoor parking area designated for residents. The property is being sold as-is, representing a chance for the right investor to capitalize on its potential and enhance its value. Discover the blend of historical allure and potential with this distinctive multi-family investment in a sought-after neighborhood of Petaluma.
For sale
Price cut: $81K (6/18)
$1,469,000
505 Petaluma Boulevard N, Petaluma, CA 94952
6beds
4,200sqft
Est.:
Multi Family
Built in 1912
-- sqft lot
$1,463,400 Zestimate®
$350/sqft
$-- HOA
What's special
Unique charmIndividual characterSecurity gateOutdoor parking area
- 139 days
- on Zillow |
- 751 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 02:30pm
Listed by:
Nena Meola DRE #01438993 707-217-1801,
The Marks Company 707-696-7641,
Tony Marks DRE #01078317,
The Marks Company
Source: BAREIS,MLS#: 325022097
Originating MLS: Sonoma

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Fireplace(s), Wall Furnace, Wood Stove
Cooling
- None
Appliances
- Included: Dishwasher, Free-Standing Refrigerator, Washer/Dryer
- Laundry: Laundry Closet
Features
- Flooring: Carpet, Simulated Wood, Tile
- Windows: Dual Pane Full, Window Coverings, Screens
- Has fireplace: Yes
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Video & virtual tour
Property
Parking
- Total spaces: 12
- Parking features: Detached, Off Street, Side By Side, Uncovered
- Has garage: Yes
- Uncovered spaces: 12
Features
- Levels: One,Two
- Patio & porch: Balcony/Deck, Covered, Patio
- Fencing: Fenced
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 0.31 Acres
- Features: Private
Details
- Parcel number: 006091005000
- Special conditions: Offer As Is,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete
- Roof: Composition,Metal
Condition
- Year built: 1912
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, City, Electricity Connected, Internet Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Fire Extinguisher, Security Gate, Security Lights, Smoke Detector(s), Unguarded Gate
HOA
- Has HOA: No
Location
- Region: Petaluma
Financial & listing details
- Price per square foot: $350/sqft
- Tax assessed value: $155,365
- Annual tax amount: $1,902
- Date on market: 3/16/2025
- Tenant pays: Cable TV, Electricity, Gas, Sewer
- Electric utility on property: Yes
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