$1,636,000

204 University Ave, Davis, CA 95616

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3,760 sqft · $435/sqft · 0.15 acres

Residential Income · Multi Family · Built 1962 · 25 days on Properkey

Description

204 University Avenue provides a rare opportunity to acquire an extremely well located multi-family asset in Downtown Davis, positioned within the highly desirable corridor connecting the Downtown core and UC Davis. The property offers immediate in-place income with full occupancy at acquisition, supported by a strong operating track record and very low vacancies. It also includes a rare opportunity within this neighborhood to eventually redevelop a 3-story property with no onsite parking requirements. Offered for the first time in 46 years, 204 University Avenue represents a compelling combination of irreplaceable location, stable cash flow, and longer-term redevelopment potential in one of Davis's most sought-after submarkets. This fully rented 5 unit property is offered at a pro forma 5 cap with an actual 2025 NOI of $92,042. The property is comprised of 2 bed / 1 bath units with in unit laundry and dedicated off street parking.

Agent & source

Listed by
Tanner P. Mohr
Brokerage
Windermere Signature Davis
DRE
#02091548
Email
[email protected]
MLS # 226117804 Source MetroList Services

Property details

Rooms & Layout

Levels
2 stories
Laundry
In Each Unit

Property Features

Lot features
Corner, Curbs/Gutters

Building & Construction

Construction Materials
Frame, Wood
Roof
Flat
Foundation
Raised

Exterior & Parking

Parking
Off Street

Interior & Comfort

Heating
Ductless
Cooling
Ductless
Flooring
Carpet, Vinyl

Utilities

Water Source
Public
Sewer
Public Sewer
  • Cable Available
  • Sewer In & Connected
  • Internet Available
  • Natural Gas Connected
Irrigation
Public District

Nearby

Active Pending Closed Rental
Elementary
Davis Unified District
Middle
Davis Unified District
High
Davis Unified District

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Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 19, 2026 4:33 PM PT
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