
Sacramento, CA 95822
This Quadruplex Residential Income Asset presents a High-Potential Investment Opportunity with a List Price of $895,000, which aligns with the $895,000 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the unique McKeon-style layout and central HVAC provide a solid foundation for a value-add strategy. The property’s proximity to I-5 and Delta Shores ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or experienced developers seeking to reposition a multi-family asset in the Sacramento market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Nedra Court Subject | $895,000* List Price | 8 | 0 | 3,612 | $248 | - |
A 100 Nedra Court Active | $895,000 List Price | 8 | 0 | 3,612 | $248 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, this property is nearly 60 years old and shows significant deferred maintenance. The kitchen features heavily worn, damaged cabinetry and dated appliances that likely exceed 30 years in age. While the description mentions central HVAC, the visible interior condition and exterior wear indicate a need for a full rehab rather than minor repairs.
Elementary School: Crocker/Riverside Elementary School (9/10).
The McKeon-style layout offers a unique combination of flats and townhome-style units, providing desirable options for a variety of tenant profiles and maximizing the building's footprint.
Unlike many older multi-family assets, each unit is equipped with central air conditioning and forced heating, significantly increasing tenant comfort and property competitiveness.
The immediate neighborhood schools are rated poorly (mostly 2s and 3s), which may deter families who prioritize high-performing educational districts.
With 66 days on the market, the property may be facing pricing resistance or investor hesitation regarding the current cap rate in the Meadowview submarket.
10 Nedra Court is a four-unit multifamily property located in the Meadowview neighborhood of Sacramento, California. The property offers convenient access to major transportation corridors, including Interstate 5 and Highway 99, providing efficient connectivity to Downtown Sacramento and the greater Sacramento region. Constructed as a two-story McKeon-style building, the property features a unique unit layout consisting of four units: a front flat unit, two townhome-style units positioned along the sides of the building, and a rear second-story flat unit. This mix provides desirable layouts for tenants while maximizing efficient use of the building footprint. Each unit is equipped with forced heating and central air conditioning, offering residents year-round comfort. The property also includes on-site laundry facilities and a dedicated one-car carport space for each unit, providing added convenience and parking for tenants. The surrounding area provides strong local amenities and retail access. The property is located just a short drive from Downtown Sacramento and Delta Shores, a major retail and entertainment center featuring national retailers, restaurants, and entertainment options.
No exterior & parking available.
Grades K-3 • 0.5 mi
Grades 4-6 • 0.6 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.6 |
| Baths | 0.0 | 3.6 |
| Square foot | 3,612 | 1,911.465 |
| Lot Size | 5,663 | 6,677.419 |
| Price | $895.0K | $673.8K |
| Price per sq ft | $248 | $336 |
| Built year | 1965 | 1956 |
| HOA | $0 | $304 |
| Days on market | 147 | 55 |
Apr 15, 2026
$895,000
Initial Listing
Apr 10, 2015
$336,000
Public Record
Oct 31, 2008
$180,500
Public Record
Mar 29, 2006
$495,500
Public Record