
Sacramento, CA 95815
This Duplex Residential Income property is a Strong Value Opportunity, listed at $490,000—positioned well below the $499,000 Fair Market Value by 1.8%. This valuation gap offers $9,000 in Instant Equity for buyers. Featuring a Condition Rating of 3, the home includes permitted all-electric upgrades and recent interior renovations. With dual-unit access and a park view, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2343 Erickson Street Subject 4 bd · 0 ba · 1,452 sqft · $324 | $449,000* List Price | 4 | 0 | 1,452 | $324 | - |
A 2343 Erickson Street Active 4 bd · 0 ba · 1,452 sqft · $358 · 0.0 mi | $519,999 List Price | 4 | 0 | 1,452 | $358 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1945, the property has undergone significant recent renovations making it move-in ready. Key updates include a permitted all-electric system conversion (HVAC, water heater, and cooking), fresh interior paint, new kitchen countertops, backsplash, and laminate flooring. The exterior is well-maintained with new fencing and a security gate.
The property features two separate homes on a single lot with independent access points via the front and back alley, offering an ideal opportunity for house-hacking or multi-generational living.
Both units are fully electric under the SMUD program with permits, featuring modern heating, cooling, and cooking systems that offer improved indoor air quality and long-term utility savings.
The front unit boasts significant permitted upgrades including a remodeled kitchen with new countertops, fresh interior paint, laminate flooring, and new windows, ensuring a move-in-ready experience.
Originally built in 1945, the property may require more frequent maintenance or future capital expenditures on aging structural components compared to newer builds.
With 30 days on the market and a recent price improvement, the property is experiencing slower buyer absorption, which may reflect local market competition or initial overpricing.
PRICE REDUCED! WITH BUYER INCENTIVES.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 | 4.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 1,452 | 1,951.727 |
| Lot Size | 6,534 | 6,558.2 |
| Price | $449.0K | $658.0K |
| Price per sq ft | $309 | $327 |
| Built year | 1945 | 1957 |
| HOA | $0 | $304 |
| Days on market | 53 | 52 |
Oct 15, 2026
$449,000
$490,000
-8% Price Drop
Initial Listing
Oct 1, 2026
$490,000
$505,000
-3% Price Drop
Initial Listing
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