171 Olive Street, Auburn, CA 95603, Auburn, 95603 - 1 bed, 1 bath
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Auburn, CA 95603
Analysis of 171 Olive Street, Auburn, CA 95603 is currently available with a list price of $595,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Auburn Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1938, this property is well-maintained and functional but dated. The kitchen features older cabinetry and an electric coil stove, and while there are some cosmetic updates like newer flooring and a stainless fridge, the overall systems and finishes are likely over 20 years old.
Situated in the heart of downtown Auburn, the property offers exceptional walkability to local shops, restaurants, and amenities, ensuring high tenant demand and convenience.
The duplex configuration provides multiple financial strategies, including traditional investment, house hacking, or providing workforce housing in a highly desirable area.
Features like the observation deck with courthouse views, stone patios, and private garages for each unit significantly elevate the property's charm and marketability.
With only one bedroom per unit and approximately 730 square feet of living space, the property may not appeal to larger households or families, limiting the potential tenant pool.
Originally constructed in 1938, the property may require more frequent upkeep or modernization of older systems to meet contemporary standards compared to newer builds.
LOCATION! LOCATION! LOCATION! Charming duplex in the heart of downtown Auburn close to shops, restaurants and all that Auburn has to offer. The opportunities are endless: Investment opportunity or live in one side and rent the other side! Or, looking for workforce housing or a place for your children to live - this is your chance! Two, 1 bedroom, 1 bathroom units at approx 730sqft each. Both units also feature a charming kitchen, dinette, spacious living room, laundry room and their own spacious garage. A lovely backyard with stone patios, rock wall, mature plantings and an observation deck overlooking downtown and the courthouse. Please do not disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
Jul 8, 2026
$595,000
Initial Listing