2140 S State Street, Ukiah, CA

$1,399,000

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8,620

Square feet

1.83

Acres

About 2140 S State Street

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.

Features of 2140 S State Street

MLS® # 325085186
Price $1,399,000
Square Footage 8,620
Acres 1.83
Type Residential Income
Sub-Type House & Apartments, Live/Work, Mixed Use
Style Other
Status Active

Community Information

Address 2140 S State Street
Area Ukiah
City Ukiah
County Mendocino
State CA
Zip Code 95482-6743

Amenities

Features Fenced Yard, Yard Space
Parking Spaces 10
Parking Varies By Unit
Garage Spaces 2
Has Pool No

Interior

Interior Varies By Unit
Appliances Varies By Unit
Heating Varies By Unit
Cooling None
Fireplace No

Exterior

Lot Description Other
Roof Composition, Elastomeric
Foundation Concrete Perimeter, Slab

Additional Information

Zoning C1 + MU-2

Listing Map

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Listing courtesy of Benjamin Kobetz of Century 21 Kobetz Realty

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Listing information last updated on February 4th, 2026 at 12:47pm CST.