$2,799,000

408 Keller St Petaluma, CA 94952

Oakhill Brewster Neighborhood

Estimated payment $17,932/month

Total Views 8,547
4 Beds
6 Baths
5,940 Sq Ft
$471 Price per Sq Ft

Highlights

  • Downtown View
  • Enclosed Patio or Porch
  • Landscaped
  • McKinley Elementary School Rated A-
  • Fenced Yard
  • Central Heating

About This Home

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

Listing Agent

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 07/16/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Property Views

  • Downtown
  • Mountain

Home Design

  • Garden Apartment

Interior Spaces

  • 4 Bedrooms
  • 5,940 Sq Ft Home
  • 3-Story Property

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Playground

Utilities

  • No Cooling
  • Central Heating

Community Details

  • 6 Units
  • Laundry Facilities
  • Gross Income $190,800

Listing and Financial Details

  • Assessor Parcel Number 006-158-009-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Garden Apartments
  • Directions To Property: Hwy 101, E Washington, Keller St
  • Lot Size Acres: 0.2100
  • CapRate: 5.12
  • Levels: Two
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 5940.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Landscape Back
  • Property Condition: Updated/Remodeled
  • ExteriorFeatures: Fenced Yard, Play Area
  • Patio And Porch Features: Balcony/Deck, Covered Patio, Enclosed Patio
  • View: City, Downtown, Mountains

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Coin Operated

Lot Info

  • Assessor Parcel Number: 006-158-009-000
  • Lot Size Sq Ft: 9148.00

Building Info

  • Year Built: 1980

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 2595-2850
  • Number Of2 Bedrooms Occupied: 6
  • Number of 2 Bedroom Units: 6
  • NumberOfUnitsTotal: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $2,799,000 -4.3% $471 / Sq Ft
07/16/2025 07/16/25 For Sale $2,925,000 +49.6% $492 / Sq Ft
09/27/2019 09/27/19 Sold $1,955,000 0.0% $391 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $1,955,000 -- $391 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325064948

Bay Area Real Estate Information Services (BAREIS)
California Sonoma County Petaluma 94952 Oakhill Brewster

408 Keller St, Petaluma, CA

This home is located at 408 Keller St, Petaluma, CA 94952 and is currently priced at $2,799,000, approximately $471 per square foot. This property was built in 1980. 408 Keller St is a home located in Sonoma County with nearby schools including McKinley Elementary School, Petaluma Junior High School, and Petaluma High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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Erich Reichenbach
Listing Agent
Erich Reichenbach
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Marcus & Millichap Real Estate
(415) 302-2144