No photo available
$1,250,000 Just Listed
Property Description
Rare Commercial/Residential Investment Opportunity in Downtown Ukiah! This fully occupied, income-producing property offers a unique combination of commercial and residential spaces, featuring four commercial rental units and seven residential income units. With multiple income streams and a strong rental market, this property presents an excellent opportunity for investors looking to expand or diversify their portfolio. Ideally located in the heart of downtown Ukiah, the property benefits from excellent visibility and convenient access to the many amenities of downtown living. The central location helps attract quality tenants and customers while providing convenience to shopping, dining, services, and other downtown attractions. Zoned C-1, this versatile property offers the opportunity to live and work on-site while benefiting from a strong rental market. A unique opportunity for investors seeking established income and long-term potential in a prime downtown location. Located approximately two hours north of the Golden Gate Bridge and one hour from Sonoma County Airport.
Full Property Details
Full Property Details for 534 S State St
Sign in to view more details. Local MLS Rules require you to be signed in. Not a member yet? Sign up now.
General
- Price: $1,250,000
- Status: Active
- Type: Multi-Family
- Source: BAREIS
- MLS ID: 326072317
- Updated: 8/24/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Varies By Unit
- Flooring: Varies by Unit
Rooms
Other Rooms
- Laundry: In Common Area, Varies by Unit
Additional Information
- Security/Safety: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Secured Access
Exterior
- Porch/Patio/Deck: Varies by Unit
Parking
- Garage Spaces: 5
- Parking: Attached, Street, Uncovered
Location
- Cross Streets: Mill Street
- Driving Directions: State Street to Mill to School
Heating & Cooling
- Cooling Type: Varies by Unit
- Heating Type: Varies by Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, City
Structural Information
- # Buildings: 3
- Architectural Style: Other
- Construction: Stucco, Wood Siding
- Roof: Composition
Unit Information
- 1 Bedroom Units: 5
Unit 1
- Unit Description: Office
- Square Feet: 1000
Unit 2
- Square Feet: 800
Unit 3
- Square Feet: 1500
Unit 4
- Unit Description: Store
- Square Feet: 400
Lot Features
- Property View: Downtown
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Zoning: C1
- Lot Description: Sidewalk
Financial Considerations
- Tenant Pays: Other
Disclosures and Reports
- Special Conditions: Offer As Is
Listing provided by RE/MAX Gold - Selzer and Associates, Patricia McMillen and RE/MAX Gold - Selzer and Associates, Alex T McMillen
Get Pre-Approved Today
Schools
Schools serving 534 S State St
School District:Ukiah Unified School District
| Name | Grades | Distance |
|---|---|---|
Yokayo Elementary School 790 South Dora Street, Ukiah, CA 95482 | K-6 | 0.4 mi |
Pomolita Middle School 740 North Spring Street, Ukiah, CA 95482 | 6-8 | 0.9 mi |
Ukiah High School 1000 Low Gap Road, Ukiah, CA 95482 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 534 S State St
Date
Details
Price
Change
Source
1/14/2014
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 534 S State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,606
—
$937,772
2%
2025
$11,606
5%
$919,385
2%
2023
$11,067
—
$901,358
2%
2023
$11,067
9%
$883,685
2%
2020
$10,138
—
$866,359
2%
2020
$10,138
—
$849,373
1%
2020
$10,138
6%
$840,653
2%
2019
$9,569
3%
$824,175
2%
2018
$9,333
2%
$808,020
2%
2017
$9,181
3%
$792,180
2%
2016
$8,908
1%
$776,647
2%
2015
$8,836
380%
$764,985
378%
2014
$1,842
—
$160,016
—
2013
$1,843
—
$159,293
—
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
Estimate the Cost for 534 S State St
534 S State Street, Ukiah, CA 95482 (MLS# 326072317) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 534 S State Street is currently listed for $1,250,000 and was received on August 24, 2026. Want to learn more about 534 S 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.
