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204 University Avenue Davis, CA $ 1,740,000
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204 University Avenue
$ 1,740,000
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204 University Avenue

Davis, CA, 95616
$ 1,740,000
Bedrooms8 Baths5.0 Sq 3,760

Monthly Estimate*

$ 12,018

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Multi-Family Home for sale in Davis, CA

for $1,740,000 with 8 bedrooms and 5 full baths. This 3,760 square foot home was built in 1962 on a lot size of 0.1481.

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 (Oct 2022).

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Multi-Family Active

Price

$ 1,740,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.1481

Year Built

1962

Town/City

Davis

County/Region

Yolo

MLS | Web ID

226117804
Features
General
Sewer Public Sewer
Heating Ductless
Cooling Ductless
Utilities Cable Available Sewer In & Connected Internet Available Natural Gas Connected
Roof Flat
Unit 4 Rent 2350
Unit 2 Rent 2100
Unit 3 Rent 2200
Unit 1 Rent 2300
HOA Fee 0
Garage Spaces 0.0
Construction Materials Frame Wood
Year Built 1962
Tenant Pays Cable TV Electricity Gas
Stories Count 2
Property Subtype 5 or More Units
Elevation 0
County Yolo
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions From Richards Blvd Exit head northwest on Richards into downtown turn left on 1st st righ onto B st left onto 2nd st and the property is located on the corner of 2nd St and University Avenue.
City Davis
High School District Davis Unified
Zoning Description Neighborhood-Medium Zone
Open Parking Spaces 6.0
Number Of Units Total 5
MLS Area 11401
Lot Size Square Feet 6450.0
Carport Spaces 0.0
Ok to Lease 12 Months
Standard Status Active
Middle/Junior School District Davis Unified
Elementary School District Davis Unified
Year Built Source Assessor Agent-Fill
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Interior
Flooring Carpet Vinyl
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit3Bedrooms 2
Laundry Features In Each Unit
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 5
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street
Lot Features Corner Curbs/Gutters
Water Source Public
Total Parking 6.0
Foundation Details Raised
Number of Buildings 2
Lot Size Acres 0.1481
Lot Size Source Not Verified
Covered Spaces 0.0
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Internal Only
Street Number 1 204
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* Excluded Features
List By
Windermere Signature Properties Davis

Broker

tmohr@windermereca.com

Email

Affordability Calculator

$12,018
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,018
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193669 Elementary School
3193773 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/6/2026 $1,740,000 -5.43% Price Down
9/24/2026 $1,840,000 Listed Price

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204 University Avenue, Davis, CA, 95616 is a Multi-Family Home for sale at $1,740,000 with 3,760 sqft and a lot size of 0.1481. 204 University Avenue has 8 bedrooms, 5.0 baths, and was built in 1962. The property's zip code is 95616 which is in Davis, CA

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