2343 Erickson Street, Sacramento, CA 95815, Sacramento, 95815 - 4 bed, 0 bath
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This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $505,000—positioned well below the $521,980 Fair Market Value by 3%. This valuation gap offers $16,980 in Instant Equity. Featuring a Condition Rating of 2, the home includes SMUD all-electric upgrades, new fencing, and modern interior finishes. With dual-unit access and park views, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking house-hacking potential in a turnkey, energy-efficient environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2343 Erickson Street Subject | $505,000* List Price | 4 | 0 | 1,452 | $359 | - |
A 2343 Erickson Street Active | $519,999 List Price | 4 | 0 | 1,452 | $358 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1945, the property has undergone a comprehensive recent renovation (likely <5 years) including a fully updated kitchen with new countertops, backsplash, and sink. Major systems have been modernized through the SMUD all-electric program (HVAC and water heating) with permits, and the interior features new laminate flooring, fresh paint, and new windows, meeting the criteria for mint condition with no immediate maintenance required.
The property features two separate homes on a single lot with independent access points from the front and back alley, providing an excellent opportunity for house-hacking or dual rental income.
Participating in the SMUD program, both units are fully electric for heating, cooling, and cooking, offering improved indoor air quality and significant long-term utility cost savings.
The front unit boasts significant interior improvements including fresh paint, new kitchen countertops, tiled backsplashes, new windows, and brand-new fencing throughout the entire premises for enhanced curb appeal and security.
Built in 1945, the property may possess aging structural or plumbing elements typical of mid-century homes that could require more frequent maintenance despite recent cosmetic renovations.
With a total of 1,452 square feet split between two separate residences, the individual living areas are relatively compact, which may limit appeal for tenants or owners seeking larger interior layouts.
Price Improved! Welcome to this charming home in Sacramento, situated on a minimum lot size of 6,534 square feet. Two separate homes on one lot. Perfect for primary home on one house and rental on other house. Both units are an all-electric home from SMUD program with permit. Uses electricity for all heating, cooling, water heating, and cooking instead of natural gas. This can offer benefits like reduced carbon emissions, improved indoor air quality, and potential long-term cost savings. Property in front with a lot of upgrades inside; entire house is freshly painted, kitchen, living room, bedrooms, and bathroom. Kitchen is complemented by tiled flooring, new countertops, back splash, new vent, sink, and windows with permit. The home features laminate wood flooring, providing a modern and easy-to-maintain living space. Entire lot has a brand new fences through out the premises. Security is enhanced with a security gate, offering peace of mind. Laundry area are conveniently available inside the house making household chores a breeze. Property have their own access in front unit and another access at the back alley giving both units their own privacy. With one enclosed garage and carport space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 0.0 | 3.6 |
| Square foot | 1,452 | 1,911.465 |
| Lot Size | 6,534 | 6,677.419 |
| Price | $505.0K | $673.8K |
| Price per sq ft | $348 | $336 |
| Built year | 1945 | 1956 |
| HOA | $0 | $304 |
| Days on market | 8 | 55 |
Sep 1, 2026
$505,000
Initial Listing
Aug 30, 2024
$410,000
Public Record
Apr 26, 2022
$445,000
Public Record
Jan 31, 2022
$269,000
Public Record
Dec 6, 2004
$280,000
Public Record
Mar 28, 2003
$175,000
Public Record
Jan 19, 2000
$60,000
Public Record