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Listed price in listed location currency (USD).
$3,500,000

0018

MLS® 326042992

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 14400 sqft
Garage No
Taxes 
Days Active 0
Lot Size 27316 acres
Approx. Age 1958
Avg. Price Per Sqft $243
MLS® Number 326042992

Property Address: 529 Franklin Street, Napa, CA, 94559

Average square foot calculated using Size range provided by listing agent.

Description

Positioned in the vibrant core of Downtown Napa, this exceptional 18-unit multifamily offering presents a rare opportunity to acquire a well-located asset with meaningful upside potential. The property is comprised of three separate parcels and features a highly desirable unit mix of 8-1x1, 1-2x2, and 5-2x1 flats, and 4-2x1.5 townhome-style residences, appealing to a broad tenant base in one of Northern California's most sought-after rental markets. The asset has benefited from a series of recent capital improvements, providing a strong foundation for future ownership. Upgrades include new roofs on both the main structures and carports (2025), updated electrical subpanels, freshly repaved and restriped parking areas, and new exterior paint, all of which significantly reduce near-term capital expenditure requirements. Tenants enjoy attractive amenities including a central courtyard setting, on-site laundry facilities, dedicated tenant storage (12 units), and a combination of covered and open parking. Eleven units offer private patios, enhancing livability, while twelve units feature original hardwood flooring that adds character and charm. Select units have been renovated with granite countertops and stainless steel appliances including dishwashers, providing a clear path for continued interior upgrades and rental growth. With its walkable location to Downtown Napa's renowned dining, retail, and entertainment amenities, combined with its proven operational stability and value-add potential, this offering represents an ideal opportunity for investors seeking both current income and long-term appreciation in a premier market.
MLS® Number326042992
Laundry LevelCoin Operated, In Common Area, Washer/Dryer Owned
Central VacNo
FireplaceNo
Acreage27316
Exterior
GarageNo
Approx. Age1958
Basement
DrivewayCarport, Off Street, Open, Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$3,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
529 Franklin Street, Napa, CA

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