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136 Market StreetSanta Cruz, CA 95062

For Sale

$1,785,000

Smart Buyer Rebate $17,850

Outstanding rental property investment opportunity in central Santa Cruz! Well maintained triplex with many recent improvements, highly desirable two-bedroom apartments, and a strong rental history. Ideally located near the rapidly growing downtown area with a Very walkable and Bikers Paradise rating that offers easy access to restaurants, shops, Whole Foods Market, Highway 1, the pier, Boardwalk, and beaches. Each unit has a private outdoor patio area and rare attached two-car garage that provides ample options for off-street parking, storage, and bonus living space. Lower operating expenses due to recent improvements and the potential for long-term value appreciation make this an excellent investment opportunity in a prime Santa Cruz location. Recent improvements include a newer roof, exterior paint job, sewer lateral replacement, water main replacement, newer water heaters, and interior flooring updates. Triplexes in Santa Cruz with this excellent condition, desirability, and long-term stability are rare in Santa Cruz. Don't miss this opportunity!

Listed by Marshall Keneipp

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License #02115477

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Miritz & Bailey Real Estate, Inc

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303-913-8113

Last updated July 31, 2026

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Source: MLSListings #ML82051657

Listing Facts

  • TypeMulti-family
  • NeighborhoodBanana Belt
  • Days on Prevu43
  • Taxes$3,010/year
  • Size2,250 sqft
  • Price per sqft$793

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/19/2026
Listed by Miritz & Bailey Real Estate, Inc
$1,785,000

Property Details for 136 Market Street

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 1
  • Year Built: 1976
  • Year Built Details: 6

Measurements

  • Building Area Total: 2,250
  • Lot Features: Regular
  • Lot Size Acres: 0.21
  • Lot Size Area: 9,409
  • Lot Size Source: Other
  • Lot Size Square Feet: 9,409
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.56
  • Gross Income: $117,144.00
  • Operating Expense Includes: Insurance, Maintenance

Taxes

  • Parcel Number: 008-333-23
  • Tax Annual Amount: $3,010.00

Interior

Features

  • Appliances: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Flooring: Carpet, Laminate, Vinyl/Linoleum

Measurements

  • Living Area: 2,250

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 6
  • Garage: Yes
  • Parking Features: Attached Garage

Schools

Elementary School

  • Elementary School: De Laveaga Elementary

High School

  • High School: Santa Cruz High
  • High School District: Santa Cruz City High

Middle or Junior School

  • Middle Or Junior School: Branciforte Middle School

Utilities

Equipment

  • Heating: Electric
  • Laundry Features: Hookups Only
  • Sewer: Public Sewer
  • Utilities: Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 136 Market Street.

What schools are nearby to 136 Market Street?

Nearby schools include the De Laveaga Elementary, Branciforte Middle School, and Santa Cruz High.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 136 Market Street.

What are the annual taxes for 136 Market Street?

Annual taxes for this multi-family home are estimated at $3,010.

How does 136 Market Street compare to other multi-family homes in Banana Belt?

This multi-family home is listed 0% below the average price for multi-family homes in Banana Belt and has been on the market for 87 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,250 sqft.

136 Market Street is a -bedroom multi-family home for sale in Santa Cruz CA 95062. Available on Prevu for 43 days at $1,785,000. This home features 2,250 square feet of living space, located in Banana Belt. The median listing price for multi-family homes in this area is $1,299,000. Nearby schools include De Laveaga Elementary, Branciforte Middle School, and Santa Cruz High. Property amenities include dishwasher, pets allowed, and parking. Browse more multi-family home listings in Santa Cruz.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 07/31/2026. 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. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.