# 3251 N State Street, Ukiah, CA 95482 > **TL;DR:** 18bd/2ba residential multi family, $2,500,000, built 1950. Est. $13,370/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,500,000 | | Bedrooms | 18 | | Bathrooms | 2 full | | Year Built | 1950 | | Lot Size | 92,783 sqft (2.13 acres) | | Stories | 1 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $12,641 | | Estimated Insurance | $729 | | **Total** | **$13,370** | ## Property Highlights - Built in 1950 - 2.13 acre lot ## Description ### Agent Description Cash cow! A unique income-producing asset on State Street that delivers a 7.37% cap rate across multiple revenue streams in one of Mendocino County's most accessible commercial corridors! This mixed-use multi-family offering combines 9 garden-level apartment units, one 2/1 house, 14 mobile home sites, and a standalone commercial building on a single 2.13-acre parcel with direct frontage on North State Street and Lake Mendocino Drive along with immediate proximity to Highway 101. The property's diversified rent roll spreads risk across apartments and mobile home space rent tenancy while offering value add potential with the commercial building. Its location places tenants within easy reach of Ukiah's core and regional traffic flow, supporting long-term occupancy and visibility. For an investor seeking stabilized cash flow with multiple income sources, this configuration offers both downside protection and room to add value! ## Location - **Address:** 3251 N State Street, Ukiah, CA 95482 - **County:** Mendocino - **Coordinates:** 39.19337, -123.205363 - **Google Maps:** https://www.google.com/maps?q=39.19337,-123.205363 ## Virtual Tour & Media - **Video Tour:** https://buildout.com/website/1684076-sale ## Listing Agent - **Name:** Todd Schapmire - **Brokerage:** W Real Estate - **Broker Phone:** (707) 591-0570 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3251-N-State-St_Ukiah_CA_95482_M23057-38924?f=listhub&s=BAREISCA&m=326074646&c=propsimple) ## Photos ![3251 N State Street - Photo 1](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f3864506544r.jpg) ![3251 N State Street - Photo 2](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f613692625r.jpg) ![3251 N State Street - Photo 3](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f2913989126r.jpg) ![3251 N State Street - Photo 4](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f2534634956r.jpg) ![3251 N State Street - Photo 5](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f1456976950r.jpg) ![3251 N State Street - Photo 6](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f2839564615r.jpg) ![3251 N State Street - Photo 7](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f1194805852r.jpg) ![3251 N State Street - Photo 8](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f3405365069r.jpg) ![3251 N State Street - Photo 9](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f3530907694r.jpg) ![3251 N State Street - Photo 10](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f4084123636r.jpg) ![3251 N State Street - Photo 11](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f254064928r.jpg) ![3251 N State Street - Photo 12](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f3751775179r.jpg) ![3251 N State Street - Photo 13](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f1159955496r.jpg) ![3251 N State Street - Photo 14](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f3799454128r.jpg) ![3251 N State Street - Photo 15](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f686108965r.jpg) ![3251 N State Street - Photo 16](http://lh.rdcpix.com/cff0b170ecb8d7087099b58e78e038f0l-f3329244871r.jpg) --- **MLS#:** 326074646 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/3251-n-state-street-ukiah-ca-95482-df5cc5aa2c304cdfa7ad8b987c0eaa15) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/3251-n-state-street-ukiah-ca-95482-df5cc5aa2c304cdfa7ad8b987c0eaa15#listing", "url": "https://staging.propertysimple.ai/listing/3251-n-state-street-ukiah-ca-95482-df5cc5aa2c304cdfa7ad8b987c0eaa15", "name": "3251 N State Street, Ukiah, CA 95482", "description": "Cash cow! A unique income-producing asset on State Street that delivers a 7.37% cap rate across multiple revenue streams in one of Mendocino County's most accessible commercial corridors! 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