Browse All Arcata CA Multi-Family Properties for Sale

*Neighboring duplex is also available for sale at the same price, see MLS 273037. Properties may be purchased separately or together. Owned by the same seller and feature identical floorplans and some finishes and updates. Listing photos are primarily of 377 Evergreen* Exceptional Investment Opportunity Near Cal Poly Humboldt! Don't miss this well-maintained duplex located just blocks from Cal Poly Humboldt, offering an outstanding opportunity for investors or those seeking strong rental income in a highly desirable location. The main unit features 4 spacious bedrooms, each with its own private en-suite bathroom, making it especially attractive for student housing or shared living. The home also offers a generous living room, a spacious kitchen, and convenient washer and dryer hookups. The second unit is a comfortable 2-bedroom, 2-bath residence, with each bedroom also featuring its own private bathroom. Recently refreshed with new interior paint and carpet, this unit also includes a cozy gas fireplace, creating a warm and inviting atmosphere. Both units have an excellent rental history and ample off-street parking. Built with quality and durability in mind, the property also features new roofs with a transferable 10-year warranty, imported tile flooring, ceramic tile countertops, dishwashers, double-pane windows, bathroom skylights, fire sprinkler systems throughout, and an oversized foundation built beyond code requirements. A large storage basement provides additional space for owner or tenant use. This is a rare opportunity to own a quality income-producing property in one of Arcata's most sought-after rental locations, just minutes from campus, shopping, restaurants, and public transportation.

345 Evergreen Avenue, Arcata

$674,900

273037 MLS

*Neighboring duplex is also available for sale at the same price, see MLS 273038. Properties may be purchased separately or together. Owned by the same seller and feature identical floorplans and some finishes and updates. Listing photos are primarily of 377 Evergreen* Exceptional Investment Opportunity Near Cal Poly Humboldt! Don't miss this well-maintained duplex located just blocks from Cal Poly Humboldt, offering an outstanding opportunity for investors or those seeking strong rental income in a highly desirable location. The main unit features 4 spacious bedrooms, each with its own private en-suite bathroom, making it especially attractive for student housing or shared living. The home also offers a generous living room, a spacious kitchen, and convenient washer and dryer hookup The second unit is a comfortable 2-bedroom, 2-bath residence, with each bedroom also featuring its own private bathroom. Recently refreshed with new interior paint and carpet, this unit also includes a cozy gas fireplace, creating a warm and inviting atmosphere. Both units have an excellent rental history and ample off-street parking. Built with quality and durability in mind, the property also features new roofs with a transferable 10-year warranty, imported tile flooring, ceramic tile countertops, dishwashers, double-pane windows, bathroom skylights, fire sprinkler systems throughout, and an oversized foundation built beyond code requirements. A large storage basement provides additional space for owner or tenant use. This is a rare opportunity to own a quality income-producing property in one of Arcata's most sought-after rental locations, just minutes from campus, shopping, restaurants, and public transportation.

377 Evergreen Avenue, Arcata

$648,900

272975 MLS

Don't miss your chance to own this spacious, newly renovated 5 bedroom 3 bath one-story ranch home in Arcata near schools, shopping, coffee shop, neighborhood park with playground area & gas stations. Over $100k in improvements & repairs featuring a new roof, new flooring, new paint, new lighting fixtures, new range hood, seamless gutters, landscaping & more. Spacious living room + a large family room with beautiful rustic natural wood, built-in shelves, open beams & decorative fireplace area. Home can also function as 2 separate living spaces with a 2bed ADU + a large separate bonus room in rear can be used as an art studio or guest quarters. The .21 acre lot gives lots of room to garden, play, and for animals + 2 storage sheds. Easy to show. Agents: Please use Tru

2529 Baldwin Street, Arcata

$699,000

272874 MLS

Turnkey Four-Plex Investment in One of Arcata's Most Desirable Rental Markets Position your portfolio for long-term success with this well-maintained four-unit apartment building located in the highly sought-after Valley West neighborhood of Arcata. Ideally situated just minutes from Cal Poly Humboldt, shopping, dining, public transportation, and major employers, this income-producing property offers the location tenants desire and the improvements investors appreciate. Significant recent capital upgrades include a new composition roof, fresh exterior paint, a new stairwell roof, and new privacy fencing for the patios, enhancing both curb appeal and reducing near-term maintenance costs. These improvements allow the next owner to focus on maximizing returns rather than tackling deferr maintenance. With Arcata continuing to experience strong rental demand driven by the university and the area's limited housing inventory, this property presents an exceptional opportunity for investors seeking stable cash flow and long-term appreciation. Whether you're adding to an established portfolio or completing a 1031 exchange, this multifamily asset offers the combination of location, condition, and investment potential that is increasingly difficult to find. Don't miss the opportunity to own a quality income property in one of Humboldt County's most desirable rental markets. Schedule your private tour today and discover the value this exceptional investment has to offer.

4564 Valley West Boulevard, Arcata

$699,000

272843 MLS

Back on the Market! Now is your chance if you missed it the first time! Charming fourplex down a private lane in Arcata, minutes away from Cal Poly. Three out of four of the units have been renovated. New floors, updated bathrooms, and stainless steel appliances and wall furnaces. Small shared yard for units 1 and 2 and another shared yard for units 3 and 4. Great investment opportunity and income potential. Units are rented with excellent, responsible tenants paying market value rent. *please do not disturb tenants. On site parking, washer and dryer available. Tenants maintain laundry facilities. All units are individually metered. Very sweet apartment in peaceful, convenient location!

1219 Spear Avenue, Arcata

$1,790,000

272692 MLS

Exceptional investment opportunity just blocks from the Arcata Plaza and minutes from Cal Poly Humboldt. This well maintained 8-unit residential building offers eight 2-bedroom/1-bath units, each with a private garage and balcony. Select units enjoy bay views, and coin-op laundry is available on site with w/d hookups in four of the garages. Current gross income is $142K+ annually with room to be increased. The brand new roof, hot water heaters and recent repairs mean a new owner can step in with confidence. Cal Poly Humboldt drives consistent rental demand in this market, and the downtown Plaza location is among the most desirable in Humboldt County.

1165 H Street, Arcata

$724,900

272404 MLS

Located just steps from the Cal Poly Humboldt campus, this very well maintained 4-bedroom 4-bathroom home with 1/1 ADU cottage creates several options for the new owner. Live in the cute and cozy cottage and rent the 4-bedroom 4 ensuite bathroom home, live in the home and rent the extra rooms & ADU, or rent all of it as an investment that has a long and consistent rental history. The generously sized bedrooms feature newer flooring and paint, and each has an ensuite bathroom. Upstairs the large bright living area has a vaulted ceiling, skylights, a modern kitchen & appliances, laundry room, and a 300sf deck overlooking the CPH campus. The ADU 1/1 cottage is cozy and has a dedicated parking space and deck. Tenants pay all utilities.

429 Evergreen Avenue, Arcata

$999,000

272059 MLS

6 Homes in an Excellent Walkable to Town Arcata Location on a sprawling .627 acre lot that gives each small home lots of space and a country feel while still being just a few minutes' walk, bike, or drive from the Arcata town center or Cal Poly Humboldt. Residents in this section of Arcata frequently leave their cars in the driveway and walk to the weekly farmers market, North Coast Co-Op, or Arcata Plaza. The Creamery district with its many shops and restaurants is also just a few blocks away. This property is down a private lane, adding to the quiet country feel. All the tenants have been here for over 5 years and would love to stay, no vacancy since current owner purchased 5 years ago. Call your Realtor to see this property today and please only go onto property with an appointment.

1181 Q Street, Arcata

$675,000

272046 MLS

Exceptional investment opportunity in Arcata's highly desirable Creamery District. Live in one, rent the other, and invest in your future in Arcata's vibrant community. This rare property includes 2 spacious single-family homes on one oversized lot, each currently rented at $1,850/month. The homes are functional and well-kept, offering immediate income while leaving room for value-add improvements. Whether you're looking to offset your mortgage or build equity, this setup offers flexibility and strong potential. With high-density multifamily and Gateway zoning, this property offers exceptional potential for development, including the possibility of vertical expansion up to six stories! Whether you're an investor, owner-occupant, or developer, this property offers flexibility, income and long-term upside in one of Arcata's most desirable neighborhoods. For 3D walk through and floor plan of House 2(green house) please visit... https://www.zillow.com/view-imx/dd8dedc8-4ea6-4f09-ae0d-271f0780584b/?utm_source=captureapp Buyer to conduct all due diligence and verify zoning regulations, development potential, and all property details. Square footage is based on assessor records; buyer to verify. Tenant-occupied property; 24-hour notice required for all showings.

1062 N Street, Arcata

$725,000

272003 MLS

This property presents an excellent opportunity to acquire a residence with potential for additional income, either to supplement monthly mortgage payments or as a mother-in-law unit or rental investment. Conveniently located near the town center and adjacent to the city's wooded walking trails, it is situated within a desirable neighborhood, removed from traffic congestion.

757 Park Avenue, Arcata

$2,400,000

271572 MLS

Situated on a 1.84-acre parcel near Cal Poly Humboldt, this income-producing property offers both immediate cash flow and long-term development potential. The site includes ten existing rental units—six 2-bedroom, 1.5-bath units and four 1-bedroom, 1-bath units—along with a custom main residence, attached garage, and a large, versatile barn. The property is zoned RH - High Density Residential per City of Arcata rezoning, allowing up to 50 units per acre (buyer to verify setbacks, density, and development standards). This zoning presents a compelling opportunity for expansion, redevelopment, or reconfiguration in a supply-constrained rental market near a major university. All rental units are separately metered, with tenants responsible for water, sewer, and PG&E, Minimizing owner expenses and improving net operating income. The main home features custom 1980's design elements and offers multiple value-add scenarios, including owner-occupancy with rental income, potential live/work use, or possible conversion to additional units (buyer to verify). The barn provides further flexibility for storage, workshop, business use, or adaptive reuse, enhancing both operational and redevelopment options. A rare Humboldt County offering combining current income, expense efficiency, and high-density zoning upside in a prime Arcata location.

3122 St Louis Road, Arcata

Start Your Search

Arcata Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Arcata and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!