1563 32nd Street, Sacramento, CA 95816, Sacramento, 95816 - 2 bed, 2 bath
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Sacramento, CA 95816
This side-by-side duplex represents a Strong Value Opportunity, listed at $650,000—positioned well below the $708,597 Fair Market Value by 8%. This valuation gap offers $58,597 in Instant Equity for the buyer. With a Condition Rating of 4, the property features original hardwood flooring and detached single-car garages, providing reliable rental demand. While the asset requires modernization, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in the desirable 95816 zip code.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1563 32nd Street Subject | $650,000* List Price | 2 | 2 | 1,900 | $373 | - |
A 2609 T Street Pending | $720,000 List Price | 2 | 2 | 1,880 | $383 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, the property is described as having 'old charm' and is being sold 'as is,' which typically indicates dated kitchens, bathrooms, and systems that are likely over 20 years old. While the exterior shows some updates like vinyl windows, the age and lack of recent renovation details suggest it needs minor repairs and modernization.
Located in the highly desirable 95816 zip code, this duplex features excellent curb appeal and historic character, making it a standout investment in a sought-after Sacramento neighborhood.
Each unit is equipped with its own stacked washer and dryer plus a detached single-car garage with an automatic opener, providing premium conveniences that drive higher rental demand.
The 1928 construction offers timeless appeal with original hardwood flooring and classic architectural details, maintaining a high level of aesthetic value for both owners and tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1900, other record living area = 1328.
The property is being sold in as-is condition, which may imply deferred maintenance or the need for immediate capital improvements that could impact the initial return on investment.
The small shared private yard and modest 3,049 sqft lot offer very limited outdoor living space, which may be a drawback for tenants seeking more privacy or room for recreation.
Side-by-side duplex with great curb appeal. Entry into living rooms with hardwood flooring and a good-sized kitchen. Each unit includes a stacked washer and dryer. Both units have detached single-car garages with automatic openers. Small shared private yard in the rear. Each unit is in good condition with some old charm. Sold as is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 20% |
| Baths | 2.0 | 4.0 | 40% |
| Square foot | 1,900 | 3,000 | 40% |
| Lot Size | 3,049 | 3,049 | 50% |
| Price | $650.0K | $769.0K | 20% |
| Price per sq ft | $342 | $396 | 40% |
| Built year | 1928 | 1920 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 137 | 20% |
Jun 12, 2026
$650,000
Initial Listing
Aug 18, 2009
$245,000
Public Record
Oct 22, 2004
$395,000
Public Record
Mar 26, 2004
$335,000
Public Record
Dec 15, 1998
$112,000
Public Record