USACANapa2123 2Nd St
Listing image | Image 1

2123 2Nd St, Napa, CA

House

For Sale

Listed price in listed location currency (USD).
$1,550,000

006

MLS® 326071465

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3056 sqft
Garage 
Taxes 
Days Active 11
Lot Size 0.2293 Acres
Approx. Age 1898
Avg. Price Per Sqft $507
MLS® Number 326071465

Property Address: 2123 2nd St, Napa, CA, 94559

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

Description

W Commercial is pleased to present 2123 2nd Street, an opportunity to acquire a fully occupied, five-unit residential income property in central Napa. The property comprises approximately 3, 096 square feet across traditional one- and two-story buildings and features five one-bedroom residences supported by six off-street parking spaces. The property combines established occupancy with meaningful recent capital investment. Unit 3 underwent an extensive renovation and was recently leased at $1, 795 per month, while Unit 5 has also received substantial interior and exterior improvements. The remaining residences have been maintained and are occupied by established tenants. Offered at $1, 550, 000, the property is priced at approximately $310, 000 per unit. Illustrative underwriting assumes a 10 percet rent increase for Units 1, 2, 4 and 5, with Unit 3 maintained at its current rent, a 5 percet vacancy and collection-loss factor, and property taxes reassessed at the offering price. Under these assumptions, the property generates approximately $106, 970 in annual gross rental income, $67, 895 in forecast NOI, and a 4.38 forecast cap rate. The property's manageable five-unit scale, full occupancy, recent improvements, on-site parking, and measured income-growth potential make it well suited for private investors, local multifamily owners, and 1031 exchange buyers seeking a long-term Napa investment. Its central Napa location provides convenient access to Downtown Napa, shopping, dining, public transportation, local services, and regional transportation routes.
MLS® Number326071465
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1898
Basement
DrivewayOff Street, Street
Garage Spaces
HeatVaries by Unit
A/CWall Unit(s)

Extras

Price History

Jan 1, 1800End Date
Not Sold YetSold Price

For Sale

Aug 20, 2026List Date
$1,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
2123 2Nd St, Napa, CA

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