2123 2nd Street

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Active
$1,550,000
4 beds3,056 sqft
2123 2nd St, Napa, CA 94559
Est: $9,281/moGet pre-approved
Multi FamilyProperty Type
0.23 acresLot Size
1898Year Built
$507/sq ftPrice per sq ft
6 carsParking Spaces

Description

W Commercial is pleased to present 2123 2nd Street, an opportunity to acquire a fully occupied, five-unit residential income property in central Napa. The property comprises approximately 3,096 square feet across traditional one- and two-story buildings and features five one-bedroom residences supported by six off-street parking spaces. The property combines established occupancy with meaningful recent capital investment. Unit 3 underwent an extensive renovation and was recently leased at $1,795...W Commercial is pleased to present 2123 2nd Street, an opportunity to acquire a fully occupied, five-unit residential income property in central Napa. The property comprises approximately 3,096 square feet across traditional one- and two-story buildings and features five one-bedroom residences supported by six off-street parking spaces. The property combines established occupancy with meaningful recent capital investment. Unit 3 underwent an extensive renovation and was recently leased at $1,795 per month, while Unit 5 has also received substantial interior and exterior improvements. The remaining residences have been maintained and are occupied by established tenants. Offered at $1,550,000, the property is priced at approximately $310,000 per unit. Illustrative underwriting assumes a 10 percet rent increase for Units 1, 2, 4 and 5, with Unit 3 maintained at its current rent, a 5 percet vacancy and collection-loss factor, and property taxes reassessed at the offering price. Under these assumptions, the property generates approximately $106,970 in annual gross rental income, $67,895 in forecast NOI, and a 4.38 forecast cap rate. The property's manageable five-unit scale, full occupancy, recent improvements, on-site parking, and measured income-growth potential make it well suited for private investors, local multifamily owners, and 1031 exchange buyers seeking a long-term Napa investment. Its central Napa location provides convenient access to Downtown Napa, shopping, dining, public transportation, local services, and regional transportation routes.
42 days on Market
  • Listed by: Michael Holcomb DRE #01458995 Brokerage DRE #02226490 • W Real Estate
Last updated: 08/20/2026 04:07 PM • Source: REBAREIS, MLS#: 326071465

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Listing Courtesy of W Real Estate, Michael Holcomb, DRE #01458995
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$9,281 per month

30 year fixed, 6.71% Interest

Principal and Interest

$8,010

Property Taxes

$1,271

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Property Information for 2123 2nd Street

Property Details
  • MLS Type: Residential Income / 5 or More Units
  • County: Napa County
  • Cross Street: Montgomery St
  • Total Parking Spaces: 6
Building Information
  • Year Built: 1898
  • Lot Size: 0.23 AC / 9,988 SF
Summary
Location and General Information
  • Area/District: Napa
  • Area Short Display: E0400
  • Directions to Property: 2123 2nd St, Napa, CA 94559
  • Area Long Display: Napa
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 002-171-002-000
Parking
  • Parking Features: Off Street, Street
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 3056.0
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Owner
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 9988.0
  • Lot Features: Landscape Back, Sidewalk
  • Property Condition: Updated/Remodeled
Property and Assessments
  • Picture Count: 24
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. 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.
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 0.0
Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Separate Meters: Varies by Unit
Interior and Exterior Features
Exterior Features
  • Levels: Two
  • # of Floors: 2
Interior Features
  • Heating: Varies by Unit
  • Cooling: Wall Unit(s)
  • Laundry Features: In Common Area
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 5
  • 1 Bedroom Rent Range: 1512-1666.5
  • 1 Bedroom Annual Occupancy: 100.00%
  • # of 1 Bedrooms Occupied: 5
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Rent Range: 1560-1716
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 1795
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 1620-1782
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $99,204.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 4
  • # Of Units Total: 5
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Description: 1/1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 4
  • Unit 1 Approx SqFt: 906
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: 1/1
  • Unit 2 Full Baths: 1
  • Unit 2 # of Rooms: 4
  • Unit 2 Approx SqFt: 566
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: 1/1
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 4
  • Unit 3 Approx SqFt: 444
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Description: 1/1
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 4
  • Unit 4 Approx SqFt: 499
  • Unit 4 Type: Apartment

Property History for 2123 2nd Street

DateEvent & SourcePriceAppreciation
Aug 20, 2026

Price Change

REBAREIS #326071465

$1,550,000—
Aug 10, 2026

Listed (Active)

REBAREIS #326071465

—
Apr 28, 2021

Sold

REBAREIS #22030314

$1,000,000—
DateEvent & SourcePrice
08/20/2026

Price Change

REBAREIS #326071465

$1,550,000
08/10/2026

Listed (Active)

REBAREIS #326071465

—
04/28/2021

Sold

REBAREIS #22030314

$1,000,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2123 2nd Street

Taxable ValueLand$568,276Additions$514,154Total$1,082,430
Tax Record2025$15,256 ($1,271 / month)
Home Facts
Baths5Total Finished SqFt3,056 SqFtAbove Grade Finished SqFt3,056 SqFtLot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1898Year Renovated1910ZoningRT5CountyNAPAAPN002-171-002-000

Schools near 2123 2nd Street

This home is within Napa Valley Unified School District.
Rating
School
Type
Grades
Distance
Shearer Charter School
Public - K to 8
Redwood Middle School
Public - 6 to 8
Napa High School
Public - 9 to 12
Stone Bridge School
Charter - K to 8
Rating
School
Distance
Shearer Charter School
PublicK to 8

Redwood Middle School
Public6 to 8

Napa High School
Public9 to 12

Stone Bridge School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2123 2nd Street, Napa, CA 94559

2123 2nd Street is a multi-family home for sale in Napa, CA 94559. This property was listed for sale on August 10, 2026 by W Real Estate, it's currently listed at $1,550,000. It has been on the market for a total of 42 days and was last sold on April 28, 2021. This listing's school district is Napa Valley Unified School District. Nearby schools include Shearer Charter School, Redwood Middle School and Napa High School. 2123 2nd Street is a 4-bed, 4-bath, 3,056 sqft multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of W Real Estate, Michael Holcomb, DRE #01458995

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.