Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 hours ago
See This Home
Save This Home
See This Home
Save This Home
Cash cow! A unique income-producing asset on State Street that delivers a 7.2% cap rate across multiple revenue streams in one of Mendocino County's most accessible commercial corridors! This mixed-use multi-family offering combines 10 garden-level apartment units, 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!

Full Property Details for 3251 N State St

General

  • Price: $2,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: BAREIS
  • MLS ID: 326074646
  • Updated: 9/10/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Varies By Unit
  • Flooring: Laminate, Other

Rooms

Other Rooms

  • Laundry: Other

Parking

  • Parking: Uncovered

Location

  • Cross Streets: Lake Mendocino Dr.
  • Driving Directions: Hwy 101 to exit 522, east on Lake Mendocino Dr. First left on North State St. About one block on the right.

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: City, Electricity, Internet Available, Natural Gas Connected, Sewer Connected

Structural Information

  • # Buildings: 16
  • Architectural Style: Modular/Mobile, Other
  • Construction: Wood Siding, Other
  • Roof: Shingle, Other
  • Year Built: 1950

Unit Information

  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 7
  • 3 Bedroom Units: 1

Unit 1

  • Unit Description: Apartment
  • Bedrooms: 3

Unit 2

  • Unit Description: Apartment
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 2.13
  • Lot Size (Sq. Ft.): 92,783
  • Lot Description: Landscape Front

Disclosures and Reports

  • Special Conditions: None

Listing provided by W Real Estate, Todd Schapmire

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 3251 N State St —

  • Todd Schapmire

    W Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3251 N State St

School District:Ukiah Unified School District
NameGradesDistance
Calpella Elementary School
151 Moore Street, Ukiah, CA 95482
PK-42.8 mi
Eagle Peak Middle School
8601 West Road, Redwood Valley, CA 95470
6-85.1 mi
Ukiah High School
1000 Low Gap Road, Ukiah, CA 95482
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 3251 N State St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,757
—
$1,617,496
2%
2025
$20,757
19%
$1,585,782
17%
2023
$17,463
—
$1,354,012
2%
2023
$17,463
4%
$1,327,464
2%
2020
$16,790
—
$1,301,436
2%
2020
$16,790
—
$1,275,919
1%
2020
$16,790
5%
$1,262,828
2%
2019
$15,934
3%
$1,238,076
3%
2018
$15,415
-1%
$1,199,558
2%
2017
$15,509
3%
$1,176,038
2%
2016
$15,100
-34%
$1,152,979
2%
2015
$22,930
56%
$1,135,661
2%
2014
$14,692
-61%
$1,113,418
—
2013
$37,739
—
$1,108,387
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3251 N State St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listing provided by W Real Estate, Todd Schapmire

Just Listed near 3251 N State St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1901 Sea Biscuit Dr, Navarro, CA 95463 - Photo 1 Price Reduced
-$100,000 (-40%)
$150,000

1901 Sea Biscuit Dr  Navarro, CA 95463

  • Acreage
  • Active
  • Updated 9 hours ago
  • 10.59
    Acres
Listing provided by North Country Boonville, Anne L Fashauer
24066 Tulip Dr, Willits, CA 95490 - Photo 1 Price Reduced
-$10,100 (-3.26%)
$299,900

24066 Tulip Dr  Willits, CA 95490

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,330
    Sq. Ft.
Listing provided by Crukats Realty, Bill Katsaros
3219 Lakeshore Blvd, Nice, CA 95464 - Photo 1 Just Listed
$399,000

3219 Lakeshore Blvd  Nice, CA 95464

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 840
    Sq. Ft.
Listed by Berkshire Hathaway Home Services Elite Real Estate
2398 Poppy Terrace, Willits, CA 95490 - Photo 1 Just Listed
$468,500

2398 Poppy Terrace  Willits, CA 95490

  • Single Family
  • Active
  • Updated 10 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,772
    Sq. Ft.
Listing provided by Coldwell Banker Mendo Realty, Tara M Moratti

Price Reduced near 3251 N State St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

321 Forsythe Dr, Redwood Valley, CA 95470 - Photo 1 Price Reduced
-$39,000 (-7.25%)
$499,000
Open House

321 Forsythe Dr  Redwood Valley, CA 95470

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,500
    Sq. Ft.
Listing provided by RE/MAX Gold - Selzer and Associates, Rosie Gonzalez and RE/MAX Gold - Selzer and Associates, Russ Tow
9200 E Side Potter Valley Rd, Potter Valley, CA 95469 - Photo 1 Price Reduced
-$19,000 (-10%)
$171,000

9200 E Side Potter Valley Rd  Potter Valley, CA 95469

  • Commercial Recreational
  • Active
  • Updated 2 days ago
  • 184
    Acres
Listing provided by Luxe Places International Realty, Robert Dutcher
2800 Feliz Creek Rd, Hopland, CA 95449 - Photo 1 Price Reduced
-$50,000 (-2.94%)
$1,649,000

2800 Feliz Creek Rd  Hopland, CA 95449

  • Single Family
  • Active
  • Updated 3 days ago
  • 1
    Total Bath
  • 1,800
    Sq. Ft.
Listing provided by Sotheby's International Realty, Kevin P McDonald and Bertolone Realty, Todd M Bertolone
2800 Feliz Creek Rd, Hopland, CA 95449 - Photo 1 Price Reduced
-$50,000 (-2.94%)
$1,649,000

2800 Feliz Creek Rd  Hopland, CA 95449

  • Commercial Recreational
  • Active
  • Updated 3 days ago
  • 277
    Acres
Listing provided by Sotheby's International Realty, Kevin P McDonald and Bertolone Realty, Todd M Bertolone

Recent Sales near 3251 N State St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

17350 Deer Meadows Rd, Boonville, CA 95415 - Photo 1 Sold
$2,250,000

17350 Deer Meadows Rd  Boonville, CA 95415

  • Multi-Family
  • Closed
  • 3
    Total Beds
Listing provided by Mendo Sotheby's International Realty, Sarah Schoeneman
Sold provided by Coldwell Banker Mendo Realty, Jena Sorum
5605 George Rd, Lakeport, CA 95453 - Photo 1 Sold
$2,600,000

5605 George Rd  Lakeport, CA 95453

  • Single Family
  • Closed
  • 4
    Beds
  • 8
    Total Baths
  • 5,853
    Sq. Ft.
Listing provided by Pivniska Real Estate Group, Cassie J Pivniska
Sold provided by Navigate Real Estate, Erica Bergstrom

3251 N State Street, Ukiah, CA 95482 (MLS# 326074646) is a Multi-Family property with 24 units containing 0 bedrooms and 0 full bathrooms. 3251 N State Street is currently listed for $2,500,000 and was received on September 10, 2026. Want to learn more about 3251 N State Street? Do you have questions about finding other Multi-Family real estate for sale in Ukiah? You can browse all Ukiah real estate or contact a Coldwell Banker agent to request more information.

Tour this property