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0 Baths

$700,000

418 S Shepherd St, Sonora CA, 95370

Price per sqftN/A
Built in1970
Property typeMulti-family

Overview

Active

Listed Jun 30, 2026

Updated 2 weeks ago

Welcome to this exceptional 4-unit investment opportunity in the heart of Sonora, where location, income, and upside potential converge. Each of the four spacious 2-bedroom, 1-bathroom units offers approximately 1,000 sq ft of thoughtfully updated living space featuring granite countertops, private patio or balcony, baseboard heat, and wall A/C — everything tenants want, nothing left to update. But the real story here is what surrounds the units. Five covered carport spaces, a 3-car garage (comparable stalls lease for ~$125/month each — that's another $375/month in potential income), and roughly 20 additional open parking spots make this property a renter's dream in a town where parking is gold. Then there's the view. Your tenants aren't just renting an apartment — they're renting a front-row seat to downtown Sonora life. Sip coffee on the balcony, watch the parade from the back deck, and walk to shops, restaurants, and everything the historic downtown has to offer. And for the visionary investor: there's room to grow. The rear of the property offers space for an additional structure, and the zoning already supports it. Whether you build another unit, add ADUs, or hold for future appreciation, the optionality here is rare. Strong bones. Prime location. Built-in expansion potential. This is the kind of asset that doesn't come around often — and won't last when it does.

$4,657/mo

Est. mortgage payment based on a $700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
41140102

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Garage
Yes

Listed by Kristin Frankhauser, RE/MAX GOLD, CA DRE 01988702

Listing Contact: 209-768-7734 

Based on information from the CRISNet MLS as of 9/27/2026, 3:08 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The 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.

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