204 University Avenue, Davis, CA 95616

Davis
Local realty services provided by:ERA Carlile Realty Group
204 University Avenue,Davis, CA 95616
$1,840,000
  • - Beds
  • - Baths
  • 3,760 sq. ft.
  • Multi-family
  • Active
Listed by: tanner mohr
Office: windermere signature properties davis
MLS#:226117804
Source:MFMLS

Price summary

  • Price:$1,840,000
  • Price per sq. ft.:$489.36

About this home

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 5% cap rate, priced at $1,840,000 with an actual 2025 NOI of $92,042. The property is comprised of 2 bed / 1 bath units with in unit laundry, dedicated off street parking and newer mini split HVAC systems...

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Home facts

  • Year built:1962
  • Listing ID #:226117804
  • Added:2 day(s) ago
  • Updated:September 27, 2026 at 03:02 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:3,760 sq. ft.

Heating and cooling

  • Heating:Ductless

Structure and exterior

  • Roof:Flat
  • Year built:1962
  • Building area:3,760 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Corner
  • Construction Materials:Frame, Wood
  • Foundation Description:Raised Foundation
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,840,000
  • Price per sq. ft.:$489.36

Features and amenities

  • Laundry features:In Each Unit

Parking

  • Total parking spaces:6
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 27, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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