Ming Tree, Realtors
707-445-4500   Email  

234 Clark Street, Eureka, CA 95501 - Multi Family Home

$ 949,000 On the Market Save to FavoritesSaved      


Description:

Calling All Developers & Investors! Don't miss this rare opportunity to own a historic 8-unit Queen Anne Victorian in the heart of Eureka, offering both strong rental income and exceptional development potential. Built in 1892 by Warren Jones as a single-family residence and thoughtfully converted into eight units in 1939, this iconic property has been meticulously maintained and reflects true pride of ownership. The building consists of seven 1-bedroom, 1-bath units and one studio unit, with proven rental history. Situated on a double lot and zoned R3 (Residential High Density), this property presents a unique value-add opportunity for investors and developers alike. City of Eureka says parcel may be subdividable into two additional lots, and up to 17 more units. See documents potential is available from the City and attached for review. Whether you're seeking a stable income-producing asset, a redevelopment opportunity, or both, this property offers tremendous upside in a prime Eureka location. There have been substantial recent improvements done Schedule your private showing today and explore the possibilities this exceptional investment property has to offer.

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Quick Facts

Area:
5540 sq ft
Style:
Apartments
Condition:
Very Good
Year Built:
1892
Lot Size:
0.31 acres
Garage:
Detached
Est. Payment:
$4799 / month
(20% down, 30 years @ 6.5%)
Asking Price:
$ 949,000
Days on Market:
4
Listing Office:
EXP Realty of California, Inc.
Listing Agent:
Michael Monaghan
Contact:
Ming Tree, Realtors
707-445-4500

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    Interior Features:

  • Levels: 3 or more Stories
  • Laundry: Coin Op
  • Heating: Natural Gas
  • Flooring: Carpeted, Vinyl

    • Exterior Features:

  • Style: Apartments
  • Condition: Very Good
  • Garage: Detached, 0, Other-Spec in Remark
  • RV Parking: Yes

    • Construction Features:

  • Foundation: Concrete Perimeter
  • Roofing: Shingle

    • Lot Features:

  • View: City Lights, Hills
  • Fencing: Fully

    • Location Features:

  • Road/Access: Paved, Public

    • Utilities Features:

  • Water: Public
  • Sewer: Public Sewer
  • Walk Score®: 79 Very Walkable - Most errands can be accomplished on foot
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
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Neighborhood details for 234 Clark Street, Eureka, CA 95501 - Neighborhood: Broadway Street

HousingNear HereNeighborhoodZip Code
Total Households60716219932
Median Age of Home194619481951
Median Property Value$274,324$264,746$298,234
Homes Owner Occupied18.41%21.48%39.65%
Homes Rented81.59%78.52%60.35%
Homes Vacant8.73%7.28%6.5%
Median Rent$ 782$ 695$ 719
Crime Risk (national avg is 100)Near HereNeighborhoodZip Code
Overall Crime Risk177172148
Murder Risk184183153
Assault Risk139149130
Burglary Risk193185162
Vehicle Theft Risk198197180
PeopleNear HereNeighborhoodZip Code
Population1160350322469
Male48.97%52.81%52.23%
Female51.03%47.19%47.77%
Median Age33.033.637.0
People Per Household2.172.312.4
Households with Children42.6%44.12%50.76%
Median Household Income$28,750$33,219$38,037
EducationNear HereNeighborhoodZip Code
Some High School19.41%9.7%10.19%
High School23.24%34.09%26.72%
Associate Degree10.34%11.47%8.52%
Bachelors Degree4.73%8.0%14.69%
Masters Degree3.45%3.14%4.96%
Graduate Degree3.45%3.61%6.86%
Professional Degree0.0%0.46%1.07%
Doctorate Degree0.0%0.0%0.84%
CommutingNear HereNeighborhoodZip Code
Average commute time15 minutes14 minutes15 minutes
Travel by Car90.48%90.06%83.88%
Travel by Public Transportation0.0%0.0%1.06%
Travel by Walking4.41%5.36%7.27%
Travel by Other0.0%0.0%1.02%
Work from Home0.0%1.85%3.81%
WeatherNear HereNeighborhoodZip Code
Average Annual temperature52 degrees52 degrees52 degrees
Average Annual minimum44 degrees45 degrees45 degrees
Average Annual maximum59 degrees59 degrees59 degrees
January Average Low39 degrees39 degrees39 degrees
July Average High63 degrees62 degrees62 degrees
Sunny Days per Year186 days186 days186 days
Partly Clear Days per Year78 days78 days78 days
Cloudy Days per Year7 days7 days7 days
Rainy Days per Year117 days117 days117 days
Snowy Days per Year0 days0 days0 days
Annual Rainfall40.0 in.40.79 in.40.74 in.
Annual Snowfall0 in.0 in.0 in.
Environmental (national avg is 100)Near HereNeighborhoodZip Code
Pollution Index979797
Earthquake Index646646646
Wind Index000
Hurricane Index000
Tornado Index111
Hail Index000

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Based on information from the Humboldt Association of REALTORS®, as of 06/04/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2026 Humboldt Association of Realtors®. All rights reserved.