Davis Homes with 5 or More Units Property Subtype

Welcome to Davis, California – a vibrant city nestled in the heart of Yolo County, renowned for its rich culture, academic excellence, and commitment to sustainability. With a population that thrives on innovation and community spirit, Davis offers a unique blend of urban convenience and small-town charm. Home to the prestigious University of California, Davis, the city is a hub for education, research, and agriculture, making it an ideal place for families, students, and professionals alike.

Davis is not just about its academic prowess; it boasts an array of parks, bike paths, and farmer's markets that celebrate its commitment to outdoor living and local produce. The city's downtown area is a delightful mix of shops, restaurants, and cafes, where residents can enjoy everything from artisanal coffee to farm-to-table dining. With a mild Mediterranean climate, Davis offers year-round opportunities for outdoor activities, whether it's cycling along scenic trails or enjoying a picnic at one of the city’s many parks.

For those interested in real estate, Davis presents a lucrative opportunity with homes featuring five or more units. These multifamily properties are perfect for investors looking to capitalize on the city's thriving rental market, driven by its student population and a steady influx of new residents. With diverse options ranging from well-maintained apartment complexes to newly constructed townhouses, these properties not only promise attractive returns but also contribute to the community's vibrant atmosphere.

Experience the charm of Davis, where community, education, and opportunity converge. Whether you're looking to invest or find a place to call home, this dynamic city has something for everyone.

Newest Davis Homes with 5 or More Units Property Subtype

$2,450,000

6,050 SqFt. ⋅ 226107393 MLS

The Heitzeberg Group of Marcus & Millichap is pleased to present 828 D Street Apartments (the Davis Bungalows), an 8-unit multifamily community located in the heart of Davis, California. Built in 1964 and comprehensively renovated in 2023-2024, this well-maintained asset offers investors the opportunity to acquire a stabilized, income-producing property in one of Northern California's most supply-constrained rental markets, anchored by the University of California, Davis. The Davis Bungalows consist of a diverse unit mix, including four 1-bedroom/1 bathroom units averaging 600 square feet, three 2-bedroom/1-bathroom units averaging 850 square feet, and one 3-bedroom/2-bathroom unit spanning 1,100 square feet, totaling 6,050 rentable square feet on a 12,632 square-foot lot. This range of unit types allows the property to serve a broad spectrum of renters from single UC Davis graduate students and staff to small families while supporting stable occupancy, currently running at 96.5%, and consistent demand.

828 D Street, Davis

Listing courtesy of Marcus & Millichap Real Estate.

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