$2,570,800
16 Beds
4 Baths
6,592 sqft
240 2nd St, Davis, CA 95616
Est. Refi. Payment $16,026/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 2, 2026 for $2,600,000 (4% below list price)
Home Value
Trulia Estimate
$2.57MSince last month
Decreased$23K (-0.9%)Since last year
Decreased$8K (-0.3%)Since last sale
Decreased$26K (-1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.57M |
| August 2026 | $2.6M |
| July 2026 | $2.58M |
| June 2026 | $2.59M |
| May 2026 | $2.47M |
| April 2026 | $2.58M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.76 | Multi-Family Home | $800,000 | 11/18/25 | 4 | 2 | 2,050 | |
0.70 | Multi-Family Home | $840,000 | 07/31/26 | 3 | 2 | 1,711 | |
0.83 | Multi-Family Home | $940,000 | 07/27/26 | 6 | 4 | - | |
1.01 | Multi-Family Home | $755,000 | 06/24/26 | 4 | 2 | 1,715 | |
1.58 | Multi-Family Home | $1,051,000 | 02/20/26 | 6 | 6 | 2,856 | |
1.43 | Multi-Family Home | $905,000 | 05/04/26 | 4 | 2 | 1,836 | |
1.68 | Multi-Family Home | $830,000 | 05/08/26 | 5 | 3 | 2,256 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,645,000 | 6 | 3 | 1,919 | Recently Sold | |
0.06 | $1,941,200 | 34 | 1 | - | Off Market | |
0.07 | $922,600 | 2 | 2 | 1,652 | Off Market | |
0.07 | $918,400 | 2 | 2 | 1,607 | Off Market | |
0.07 | $961,100 | 2 | 2 | 1,650 | Off Market | |
0.09 | $950,000 | 6 | 2 | 1,380 | Recently Sold | |
0.13 | $1,075,000 | 3 | 2 | 1,658 | Recently Sold | |
0.18 | $953,700 | 3 | 2 | 1,446 | Off Market | |
0.30 | $807,100 | 4 | 2 | 1,751 | Off Market | |
0.30 | $1,279,600 | 3 | 2 | 1,666 | Off Market | |
0.34 | - | Studio | - | 1,956 | Off Market |
Local Information
- Map ViewExplore the area around 240 2nd St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Multi-Family
Built in 1964
6,592 sqft
$394/sqft
Open Parking
About this House
Well-located 8-unit apartment building in the heart of Downtown Davis, just two blocks from UC Davis and within walking distance to restaurants, shopping, the Davis Farmers Market, and the Amtrak train station. Opportunities to acquire apartment properties in this immediate area are extremely limited, with very few sales occurring over the past decade, making this a rare offering in one of the most sought-after rental markets in Northern California. This highly desirable location supports strong and consistent rental demand driven by the university, excellent walkability, and limited housing supply. The property consists of eight 2 bedroom, 1 bath units (16 bedrooms total) and is currently fully leased with a strong occupancy history, providing stable in-place income. Two units are below market due to long-term tenancy, offering clear upside potential as rents move toward market levels. Additional income opportunities include potential increases to market rents, monetizing on-site laundry, implementing parking charges, and future tenant reimbursement of water, sewer, and garbage expenses. The property has been significantly updated over time by ownership, including replacement of exterior siding, roof improvements, upgraded electrical subpanels (2024), and extensive interior renovations to kitchens and bathrooms. Additional upgrades include updated flooring and various system improvements, contributing to a well-maintained asset with reduced near-term capital needs. Tenants are individually metered for gas and electricity, with water, sewer, and garbage paid by ownership, supporting an efficient operating profile. Ideal investment for both UC Davis parents and traditional investors seeking a well-positioned asset with stable income, strong demand, and long-term upside in a tightly held and supply constrained market.
240 2nd St, Davis, CA 95616 is a 16 bedroom, 4 bathroom, 6,592 sqft multi-family in University Avenue, built in 1964. It last sold for $2,600,000 on Jun 2, 2026 (4% below the $2,695,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,570,800, with a rent estimate of $1,668/month.
Last check for updates: about 22 hours ago
Listed by Ciana Wallace DRE #01309577, (530) 902-4262
RE/MAX Gold, Good Home Group
Bought with: Ciana Wallace DRE #01309577, (530) 902-4262, RE/MAX Gold, Good Home Group
Originating MLS: MetroList Services, Inc.
Source: MetroList Services of CA, MLS#226048142
Home Details for 240 2nd St
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 6592 Square Feet |
Appliances & Utilities Utilities: City, Sewer In & ConnectedAppliances: Dishwasher, Microwave, Free-Standing Electric OvenDishwasherLaundry: Common Area,Laundry Closet,Washer/Dryer HookupsMicrowave |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Tile, Wood, Luxury Vinyl Plank |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Tile, Wood, Luxury Vinyl Plank |
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Exterior Home Features Roof: Flat OtherFoundation: Slab |
Parking & Garage No CarportNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Open,Uncovered |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Topography: Level, Level |
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Year Built Year Built: 1964 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5 or More Units |
Building Construction Materials: FrameAttached To Another Structure |
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Price List Price: $2,695,000Price Per Sqft: $394/sqftPrice Range: $2,600,000 - $2,695,000 |
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Direction & Address City: Davis |
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Association for this Listing: MetroList Services, Inc. |
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Lot Area: 10249.668 sqft |
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Special Conditions: Standard |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Electricity, Gas |
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Are Units Furnished: None |
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Mls Number: 226048142 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 2, 2026 Source: MetroList Services of CA #226048142 | Sold | $2,600,000 |
May 27, 2026 Source: MetroList Services of CA #226048142 | Pending | $2,695,000 |
Apr 23, 2026 Source: MetroList Services of CA #226048142 | Listed For Sale | $2,695,000 |
Market trends in Davis
Last updated August 2026
Avg. sale price
$857K
$27KMoM
Sale-to-List Price
99.9%
Price per sq ft
$487
$15MoM
Available listings
142
11MoM
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 240 2nd St
- What is 240 2nd St estimated to be worth?Trulia's estimated value for 240 2nd St in Davis, CA is $2,570,800.
- What is the price history for 240 2nd St?240 2nd St in Davis, CA last sold for $2,600,000 in June 2026.
- Is Davis a buyer's or seller's market?Davis is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Davis?The median sale price in Davis is $857K. That is up $27K from the prior month.
- Does 240 2nd St have air conditioning?Yes, 240 2nd St in Davis, CA has air conditioning.
- Does 240 2nd St have laundry facilities?Yes, 240 2nd St in Davis, CA has laundry facilities.
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