Prime multi-family development opportunity in Cloverdale! This is the first of two contiguous parcels (APNs 001-151-028-000 & 001-151-038-000) on University Street offering flexible R-2 zoning, allowing duplexes, triplexes, and small-scale multi-family homes. This parcel (A) is .64 of an acre. Both are level lots with convenient access to city utilities, an ideal site for high-performing income properties or a boutique residential project. Located minutes from downtown shops, restaurants, and parks, blending small-town charm with development potential. The R-2 district supports up to eight dwelling units per acre and encourages walkable, livable design close to Cloverdale's core. A rare chance to invest or build in this vibrant Sonoma County community.