111 Electric Street, Auburn, CA 95603, Auburn, 95603 - 4 bed, 4 bath
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Auburn, CA 95603
This Dual-Unit Residential Income Asset enters the market at $565,000, aligning with the stability of the Auburn rental market relative to its $519,734 Fair Market Value. Currently tenant-occupied, the property holds a Condition Rating of 4 and features private fenced yards, individual patios, and covered carports. Proximity to downtown Auburn ensures consistent tenant demand, while the 1984 construction offers significant Value-Add potential through cosmetic updates. This property serves as a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset living expenses with immediate rental cash flow.
Property is moderate renovation needed.
Built in 1984, this duplex is functional and tenant-occupied but shows signs of aging infrastructure and dated finishes. While the property is maintained and provides immediate rental income, the 40-year-old structure likely requires cosmetic updates to the kitchens and bathrooms, as well as potential capital improvements to major systems to meet modern market standards.
The property is currently tenant-occupied, providing a turnkey opportunity for investors to generate cash flow immediately upon acquisition.
Conveniently situated minutes from downtown Auburn, grocery stores, and major commuting routes, ensuring high tenant demand and low vacancy rates.
Both units feature individual fenced yards and private patios, a premium amenity that significantly enhances rental appeal and quality of life for residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5680, other record lot size in square feet = 5501.
The covered carport is designed for only two small vehicles, which may be a constraint for tenants with larger SUVs, trucks, or multiple cars.
Built in 1984, the property may require upcoming capital improvements or cosmetic updates to maintain its value and maximize market rent potential.
Opportunity knocks in this conveniently located Auburn duplex, just minutes from downtown, grocery stores, and easy commuting routes. Each unit offers 2 bedrooms, 1.5 bathrooms, an open living and dining area, a bright kitchen, and private laundry hookups. The front unit features a fenced yard with a private patio, while the back unit enjoys a larger fenced yard with plenty of space. A covered carport provides parking for two small vehicles and includes additional storage. Currently tenant-occupied, this property delivers immediate rental income ideal for investors or an owner-occupant looking to live in one unit and rent the other in a desirable Auburn location.
No exterior & parking available.
No sensitive facilities data found.
Feb 17, 2026
$565,000
Initial Listing
Jun 12, 2015
$272,000
Public Record