183 Grove Street
Fort Bragg, CA 95437
- 3 beds
- 2 baths
- 2,339 sqft
- 6,852 sqft lot
- $277 per sqft
- 1982 build
- – on site
Nestled in a desirable, walkable neighborhood in Fort Bragg, this unique duplex property offers the perfect blend of privacy, flexibility, and investment potential. Unlike traditional duplexes, these two detached homes are separately accessed by private driveways, providing the independence and privacy of single-family residences. With tenants already in place on 1-year leases ($2,300/month and $1995/month), this property is primed for immediate cash flow with a solid 6.2% cap rate. Each home was meticulously updated in 2024, with tenants responsible for utilities and landscaping, minimizing owner expenses. Gross annual income totals $51,540, with a net operating income of $41,089 after accounting for projected property taxes and hazard insurance costs of $10,450 combined. The front home features two stories with a one car garage, while the rear home offers a cozy single-level. Each have separate yard spaces. This versatile property is ideal for savvy investors seeking a strong return or buyers planning for future personal use, or accommodating a family member while retaining rental income. Located just minutes from downtown Fort Bragg's charming shops and restaurants, this is an opportunity to own two detached homes on one lot in a prime location.
Last checked:
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Last updated Mar 23, 2025
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MLS# 324094157 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1982
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Year Built Source:Assessor Auto-Fill
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Architecture:Traditional
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Construct/Condition:Wood, Wood Siding
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Roof:Composition
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Foundation:Concrete
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Window Features:Dual Pane Full
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SqFt:2,339 Sqft
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SqFt Source:Owner
Interior
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Upper Level:Bedroom(s)
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Main Level:Dining Room, Family Room, Full Bath(s), Garage, Kitchen, Partial Bath(s), Street Entrance
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Laundry Features:Inside Area
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Fireplace Features:Wood Stove
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# of Fireplaces:1
Financial & Terms
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Sale Conditions:Other
Location
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Directions:Walnut to Grove
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Cross Street:Walnut Street
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Area:Coastal Mendocino
The Property
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Property Type:Residential
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Property Type:2 Houses on Lot
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Lot Description:Shape Regular
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6852Lot SqFt:
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Lot Size Measurement:Acres
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Lot Size Source:Assessor Auto-Fill
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Property Faces:West
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0.1573Acres:
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Attach/Detach Home:Detached
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Assessors Parcel Number:018-071-33-00
Beds
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Total Bedrooms:3
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Total Bedrooms:3
Baths
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2Total Baths:
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2Full Baths:
Heating & Cooling
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Heating:Wall Furnace, Wood Stove
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Cooling:None
Utilities
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Description:Public
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Water Source:Public
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Sewer:Public Sewer
The Community
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Senior Age Requirement::No
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Spa:No
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Pool Description:No
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HOA Fee Amount:$No
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Association:Sonoma
Parking
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Garage Spaces:1.00
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Total Parking Spaces:5.00
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Parking Features:Detached
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Off Street Spaces:4.00
Extra Units
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Extra:Detached Unit 2
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Unit 2 Full Baths:1
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Unit 2 Half Baths:1
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2nd Unit Description:3BR/1.5BA Single Level
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Second Unit Kitchen:Yes
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2nd Unit SqFt Source:Owner
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Unit 2 Occupied:Yes
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2nd Unit Approx SqFt:1000
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/23/25
Mar 23, 2025
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Price Changed | BAREIS | $649,000 | -2.8% |
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12/13/24
Dec 13, 2024
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Listed / Active | BAREIS | $668,000 |
