418 S Shepherd St, Sonora, CA 95370
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$700,000
Est. payment /mo
9,957 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41140102

HOA Y/N No

Year Built 1970

Lot Size 9,957 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to this exceptional 4-unit investment opportunity in the heart of Sonora, where location, income, and upside potential converge. Each of the four spacious 2-bedroom, 1-bathroom units offers approximately 1,000 sq ft of thoughtfully updated living space featuring granite countertops, private patio or balcony, baseboard heat, and wall A/C — everything tenants want, nothing left to update. But the real story here is what surrounds the units. Five covered carport spaces, a 3-car garage (comparable stalls lease for ~$125/month each — that's another $375/month in potential income), and roughly 20 additional open parking spots make this property a renter's dream in a town where parking is gold. Then there's the view. Your tenants aren't just renting an apartment — they're renting a front-row seat to downtown Sonora life. Sip coffee on the balcony, watch the parade from the back deck, and walk to shops, restaurants, and everything the historic downtown has to offer. And for the visionary investor: there's room to grow. The rear of the property offers space for an additional structure, and the zoning already supports it. Whether you build another unit, add ADUs, or hold for future appreciation, the optionality here is rare. Strong bones. Prime location. Built-in expansion potential. This is the kind of asset that doesn't come around often — and won't last when it does.

Location

State CA

County Tuolumne

Zoning R-3

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Carport, Garage, Guest, RV Access/Parking

Roof Type Shingle

Total Parking Spaces 8

Building

Lot Description Corner Lot, Street Level

Others

Tax ID 002192001000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


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Listed by Kristin Frankhauser RE/MAX GOLD #01988702

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418 S Shepherd St

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