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505 Franklin Street, Napa, CA 94559

Napa
Local realty services provided by:CENTURY 21 Kobetz Realty
505 Franklin Street,Napa, CA 94559
$3,500,000
  • - Beds
  • - Baths
  • 14,400 sq. ft.
  • Multi-family
  • Active
Listed by: katherine y raphael, scott gerber
Office: norcal commercial
MLS#:326042992
Source:CABAREIS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$243.06

About this home

Positioned in the vibrant core of Downtown Napa, this exceptional 18-unit multifamily offering presents a rare opportunity to acquire a well-located asset with meaningful upside potential. The property is comprised of three separate parcels and features a highly desirable unit mix of 8-1x1, 1-2x2, and 5-2x1 flats, and 4-2x1.5 townhome-style residences, appealing to a broad tenant base in one of Northern California's most sought-after rental markets. The asset has benefited from a series of recent capital improvements, providing a strong foundation for future ownership. Upgrades include new roofs on both the main structures and carports (2025), updated electrical subpanels, freshly repaved and restriped parking areas, and new exterior paint, all of which significantly reduce near-term capital expenditure requirements. Tenants enjoy attractive amenities including a central courtyard setting, on-site laundry facilities, dedicated tenant storage (12 units), and a combination of covered...

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Home facts

  • Year built:1958
  • Listing ID #:326042992
  • Updated:May 19, 2026 at 08:47 PM

Rooms and interior

  • Living area:14,400 sq. ft.

Heating and cooling

  • Heating:Gas, Varies by Unit

Structure and exterior

  • Roof:Composition, Flat, Shingle
  • Year built:1958
  • Building area:14,400 sq. ft.
  • Lot area:0.63 Acres
  • Lot Features:Shape Regular
  • Foundation Description:Concrete, Concrete Perimeter, Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$243.06

Features and amenities

  • Laundry features:Coin Operated, In Common Area, Washer/Dryer Owned

Parking

  • Total parking spaces:18
  • Parking description:Carport, Off Street, Street
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