2140 South State Street in Ukiah is a rare income and development opportunity featuring seven units across three detached homes and a charming Victorian four-plex, offering eleven spacious bedrooms and multiple rental streams. Each unit is separately metered for ease of management, while the well-kept grounds provide private yards, mature landscaping, and ample parking. Located in a desirable Opportunity Zone, this 1.8-acre property combines immediate income with exceptional long-term growth potential, as about three-quarters of the land remains open for new projects. The C-1 Limited Commercial zoning with MU-2 designation allows flexible options including residential, mixed-use, offices, retail, restaurants, or community services, with density up to one unit per 1,500 square feet and building heights up to 35 feet. Blending historic charm with future development potential, 2140 South State Street is a standout investment for seasoned investors, developers, and 1031 exchange buyers alike.
MLS #
BA325085186
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
42
Appliances
Appliances - Vary by Unit
Flooring
Varies by Unit
Cooling
None
Heating
Varies by Unit
Roof
Composition, Elastomeric
Foundation
Concrete Perimeter, Slab
Style
Other
Garage/Parking
Garage: 2 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
C1 + MU-2
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 875 | 2 | 1/0 | $1,350 | – | – |
| 2 | 1,350 | 4 | 1/1 | $1,625 | – | – |
| 3 | 1,200 | 1 | 1/0 | $1,250 | – | – |
| 4 | 875 | 1 | 1/0 | $1,100 | – | – |
2140 S State St is a Residential Income in Ukiah, CA 95482. This 0 square foot property sits on a 1.83 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,399,000 and was built in 0. This address can also be written as 2140 S State St, Ukiah, CA 95482.
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This listing information is up-to-date as of October 02, 2025. For the most current information, please contact Benjamin Kobetz, (707) 489-1512