Browse All Arcata CA Multi-Family Properties for Sale

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

$730,000

272762 MLS

Fantastic Duplex in a Prime Arcata Location Near Cal Poly Humboldt! Don't miss this outstanding investment opportunity just minutes from Cal Poly Humboldt. Each spacious unit offers 4 bedrooms, 2 bathrooms, a dine-in kitchen, and its own private laundry room, making them highly desirable for both tenants and owner-occupants. The property also features a 20'' x 24' attached 2-car garage. Newer roof and a new 20'X18'' Deck to enjoy the outside space. Whether you're looking to live in one unit while generating rental income from the other or lease both units for excellent investment potential, this versatile duplex is a rare find in a highly sought-after location!

919 14th Street, Arcata

$900,000

272693 MLS

Fantastic opportunity to own a well maintained 3-unit townhouse property just blocks from the Arcata Plaza and minutes from Cal Poly Humboldt. Each of the 2-bedroom/2.5-bath units features a private garage, porch, and in-unit washer and dryer, amenities that attract and retain quality long-term tenants. Current gross income of $61,440 annually with tenants paying all utilities reflects stable occupancy and a low-maintenance ownership experience. A brand new roof and recent repairs provide a solid foundation for continued performance. This is an ideal acquisition for an investor seeking a turnkey income property in one of Humboldt's most desirable locations. For investors seeking greater scale, the 8-unit apartments at 1165 H St are available separately or as part of a combined portfolio.

825 12th Street, Arcata

$1,900,000

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 $140,652 annually with room to be increased. A brand new roof 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. For investors seeking greater scale, the neighboring 3-unit townhouse at 825 12th Street is available separately or as part of a combined portfolio offering.

1165 H Street, Arcata

$744,000

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. Call your Realtor today to schedule a showing!

429 Evergreen Avenue, Arcata

$975,000

272199 MLS

Classic Mid Century architect-designed apartments, 7 units total in two buildings superbly located within 50 feet of Cal Poly Humboldt campus. Single family ownership since 1962. Rare opportunity to secure a legacy property in excellent condition with a non-existent vacancy factor. Each apartment is light and bright, featuring vaulted ceilings, large view windows, fully contained kitchens, bathrooms with showers, sink and toilet, carports and off-street parking. Wood wall paneling and low pile carpeting, plus vinyl. Located almost directly across from Jolly Giant Commons on the Cal Poly campus, there are two buildings. The one at 380 Granite referred to as Building 2, was built in 1975, double-pane windows , and has three units. The upper building referred to as Building 1 has four unit and has single-pane windows. Heat is wall heater or baseboard heaters. Tenants pay utilities, but owner pays water and sewer. Each apartment is unique. New roofs - Apt 3a- 2001 Apts 1,2,3- 2019 Apts 4,5,6- 2022 Seller has regularly kept apartments in good and rentable condition. At time of tenancy turnover, apartments are regularly cleaned, painted, re-carpeted if necessary, and any updates or repairs are completed. On-going maintenance involves cleaning roots out of sewer lines at Building 1. Look in Documents for the Commercial property Questionnaire and the Addendum filled out by Seller. There are no current inspections for this property. Sewer lateral was completed to City of Arcata standards for Building 2, but Building 1, the oldest building on site, is still on-going. There will be three vacancies that allow a landlord to raise the rents. Apt 1 is vacant, but refurbished, and can rent as soon as closing happens. Apt 3 will be re-rented by June 1. And Apt 3A will be leaving at the end of August and can be -re-rented. Apartment 1 is vacant, so if a buyer chooses, they can get their own tenant. Apartment 3 is not renewing their lease and they will be leaving by May 30. Seller will replace tenant for move-in date of June 1. Apartment 3A will be leaving by August 31, and Seller or Buyer can replace, depending on timing. All other leases expire June 1, 2027, except Apartment 4, which only has a lease until end of December, 2026.

380 Granite 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

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