Rare opportunity to own two distinct income-producing properties on a single parcel in Santa Rosa's highly desirable McDonald District. Combining residential rental income with commercial flexibility, this unique mixed-use asset offers immediate cash flow and long term upside. Situated at the rear of the property, 610 Stewart Street is a charming and well maintained 2-bedroom, 1-bath residence currently generating $3,300 per month in rental income. Tucked away on a quiet, tree lined street, the home provides privacy, strong tenant appeal, and a comfortable neighborhood setting while remaining just moments from the amenities and activity of College Avenue. Positioned at the front of the parcel with prominent street frontage, 1203 College Avenue features a commercial building zoned PD (Planned Development), allowing for a wide range of potential uses including professional office, boutique retail, wellness, medical, and service-oriented businesses. The commercial space offers excellent visibility and signage opportunities and is also available for lease, creating additional income potential or an ideal owner user scenario. The property benefits from ample on-site parking serving both the residential and commercial components, a rare and valuable amenity in this established neighborhood. With two separate buildings, diversified income streams, and exceptional flexibility for investors or owner-users, this property presents a compelling opportunity in one of Santa Rosa's most sought-after locations. Just minutes from Downtown Santa Rosa, the combination of residential stability and commercial potential makes this a truly unique offering.