418 S Shepherd St , Sonora, CA 95370
$700,000
Est. Payment: $3,534.79/mo
8 Bed
4 Bath
0 Sqft
Status: pending | Days on site: 22
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House Description

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.

Highlights

Listed by Kristin Frankhauser , 209-768-7734 RE/MAX GOLD , 209-536-8400. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.23

Year Built

1970

County

Tuolumne

Listing ID

41140102

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Dryer, Washer
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Carpet

Exterior Features

Lot:Corner Lot,Street Level,No Land Lease
Garage Capacity:8
Zoning:R-3
Roof:Shingle
Others:Wood Siding,2+ Total Units
Parking Features:Carport,Garage,Guest,RV Access/Parking
Principal Interest
$3,535
Taxes
$446

Home Price

$700,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,534.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,534.79 $446.25 $0.00 $3,981.04
Yearly $42,417.54 $5,355.00 $0.00 $47,772.54
Total $1,272,526.05 $160,650.00 $0.00 $1,433,176.05

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Sonora, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T20:37:41.000Z

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