Welcome to 748 Morgan Street, Santa Rosa. This exceptional fourplex is an ideal investment, offering an immediate revenue stream and potential for further income growth. With a gross monthly income of $7,913, this property generates strong rental revenue. With two newly remodeled units, this property boasts ultra-low maintenance and minimal need for capital improvements. Perfectly positioned just a short drive from Highway 101 and the vibrant heart of downtown Santa Rosa, this property's central location serves as an attraction for current and future tenants alike. Constructed in 1995, this well-maintained building merges modern features with very low maintenance, ensuring a turn-key solution for investors. The property consists of four well-appointed units, each featuring one bedroom and one bathroom. Each unit benefits from private, single-car garages as well, enhancing tenant appeal and convenience. This property also features onsite laundry, which acts as an additional source of income. Don't miss the opportunity to own a prime piece of real estate in Santa Rosa with promising returns and strategic growth potential.
Closed
$1,100,000
748 Morgan Street, Santa Rosa, CA 95401
4beds
2,320sqft
Quadruplex
Built in 1995
-- sqft lot
$1,112,900 Zestimate®
$474/sqft
$2,740 Estimated rent
Home value
$1,112,900
$990,000 - $1.25M
$2,740/mo
Zestimate® history
Owner options
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$2,740/mo
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$2,740/mo
Rent Zestimate®
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$7,012/mo
Est. payment
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$7,012/mo
Est. payment
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List your homeWhat's special
Newly remodeled unitsModern features
Zillow last checked:
Listing updated:
Listed by:
Isaiah Chass DRE #02080155 707-508-6390,
Livxplore Real Estate & Lifest 707-789-7470
Bought with:
Steven Ghirardo, DRE #00693562
Ghirardo Real Estate Group
Source: BAREIS,MLS#: 325015568
Originating MLS: Sonoma
Originating MLS: SonomaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Washer/Dryer Leased
- Laundry: Coin Operated, Common Area
Features
- Unit 1 - Beds: 4, Baths: 4, Square Footage: 2320 | Unit 2 - Beds: 0, Baths: 0, Square Footage: 2320 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 2320 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 2320
- Flooring: Carpet, Laminate, Simulated Wood, Tile
- Windows: Dual Pane Full
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Garage
- Attached garage spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Exterior features: Yard Space
- Has view: Yes
- View description: Other
Lot
- Size: 5,336 Square Feet
- Features: Curb(s), Sidewalk
Details
- Parcel number: 010031021000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- Year built: 1995
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: City, Electricity Connected, Natural Gas Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Santa Rosa
Financial & listing details
- Price per square foot: $474/sqft
- Tax assessed value: $1,018,759
- Date on market: 2/25/2025
- Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2025 | Sold | $1,100,000-7.9%$474/sqft |
Source:  BAREIS #325015568 Report a problem | ||
| 4/5/2025 | Pending sale | $1,195,000$515/sqft |
Source: BAREIS #325015568 Report a problem | ||
| 3/28/2025 | Contingent | $1,195,000$515/sqft |
Source: BAREIS #325015568 Report a problem | ||
| 2/25/2025 | Listed for sale | $1,195,000$515/sqft |
Source: BAREIS #325015568 Report a problem | ||
| 8/14/2024 | Listing removed | $1,195,000$515/sqft |
Source: BAREIS #324032083 Report a problem | ||
| 5/1/2024 | Listed for sale | $1,195,000+24.5%$515/sqft |
Source: BAREIS #324032083 Report a problem | ||
| 12/2/2021 | Sold | $960,000-3.9%$414/sqft |
Source:  SFAR #321080947 Report a problem | ||
| 11/16/2021 | Pending sale | $999,000+43.7%$431/sqft |
Source: SFAR #321080947 Report a problem | ||
| 6/1/2007 | Sold | $695,000+7.8%$300/sqft |
Source: Public Record Report a problem | ||
| 6/2/2006 | Sold | $645,000+98.5%$278/sqft |
Source: Public Record Report a problem | ||
| 3/14/1995 | Sold | $325,000$140/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,018,759 +2% |
| 2024 | $11,515 +1.5% | $998,784 +2% |
| 2023 | $11,349 +6.7% | $979,200 +2% |
| 2022 | $10,636 +11.6% | $960,000 +12.6% |
| 2021 | $9,531 +0.2% | $852,805 +1% |
| 2020 | $9,510 +0.5% | $844,061 +2% |
| 2019 | $9,461 +5.5% | $827,512 +7.1% |
| 2018 | $8,970 +10.4% | $773,000 +10.7% |
| 2017 | $8,122 +7.5% | $698,000 +9.1% |
| 2016 | $7,554 +29.1% | $640,000 +27.5% |
| 2015 | $5,851 +37.7% | $502,000 +32.5% |
| 2014 | $4,251 -98.9% | $379,000 +7.1% |
| 2013 | $399,394 | $354,000 -9.2% |
| 2012 | -- | $390,000 |
| 2011 | -- | $390,000 -1% |
| 2010 | -- | $394,000 -21.5% |
| 2009 | -- | $501,750 -28.6% |
| 2008 | -- | $702,780 +6.8% |
| 2007 | -- | $657,900 +66.3% |
| 2006 | -- | $395,664 +2% |
| 2005 | -- | $387,907 +2% |
| 2004 | -- | $380,302 +1.9% |
| 2003 | -- | $373,321 +2% |
| 2002 | -- | $366,002 +2% |
| 2001 | -- | $358,826 +6.3% |
| 2000 | -- | $337,633 |
Find assessor info on the county website
Neighborhood: St. Rose
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Nearby schools
GreatSchools rating
- 4/10Proctor Terrace Elementary SchoolGrades: K-6Distance: 1.4 mi
- 2/10Santa Rosa Middle SchoolGrades: 7-8Distance: 0.6 mi
- 6/10Santa Rosa High SchoolGrades: 9-12Distance: 0.7 mi
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- California
- Sonoma County
- Santa Rosa
- 95401
- St. Rose
- 748 Morgan Street
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