Charming multi-unit property in the heart of downtown Templeton featuring two separate dwelling units on a spacious 7,500 +/- square foot lot. The original main home, built in 1900, offers 2 bedrooms, 1 bathroom, and approximately 900 +/- square feet of living space, blending historic character with tasteful updates. Inside you'll find beautiful Red Oak wood floors throughout, a remodeled kitchen with custom wood cabinetry, stainless steel appliances, and a cozy free-standing fireplace that creates a warm and inviting living area. From the back patio, enjoy convenient access to a root cellar which is ideal for use as a wine cellar or additional storage. The property also includes a separate 1 bedroom, 1 bathroom unit of approximately 800 +/- square feet featuring higher ceilings, abundant natural light, and newer construction, offering excellent flexibility for extended living. Ideally located just moments from downtown Templeton, this property is within walking distance to Main Street's popular restaurants, local shops, the weekly farmers market in the park, and seasonal community events such as Concerts in the Park. Situated within the highly regarded Templeton School District, this unique property offers small-town charm, versatility, and a rare opportunity to own a downtown multi-unit property.