
Rancho Cordova, CA 95670
This duplex represents a High-Potential Investment Opportunity, listed at a List Price of $499,000—positioned well below the $537,000 Fair Market Value by 4%. This valuation gap provides $38,000 in Instant Equity for the buyer. With a Fair Condition Rating, the property features an open-concept layout and private backyards that ensure consistent rental demand. Currently fully occupied by long-term tenants, this asset offers immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or first-time investors seeking a stable, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2643 Moderna Court Subject | $499,000* List Price | 4 | 2 | 1,822 | $261 | - |
A 10237 Agnes Circle Pending | $565,000 List Price | 5 | 2 | 1,860 | $304 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this property is over 50 years old. While it appears well-maintained and features some partial updates like laminate flooring and a newer bathroom vanity, it remains dated with popcorn ceilings and older shower tiling. It fits the 'Fair' criteria as it is >20 years old and requires cosmetic updates to meet modern standards, though it is currently functional and occupied.
Listed at $499,000 despite a recent April appraisal of $537,000, this property offers buyers approximately $38,000 in instant equity.
The duplex is fully occupied by reliable, long-term tenants who maintain the property exceptionally well, providing immediate and stable cash flow for an investor.
Situated in a quiet court, each unit features an open-concept living area and a large private backyard, enhancing tenant satisfaction and long-term desirability.
Built in 1970, the property may require more frequent maintenance or future capital expenditures for aging systems compared to newer multi-family developments.
With only one bathroom per two-bedroom unit, the property may face a lower rental ceiling compared to modern units that typically offer a master ensuite or a second half-bath.
This is an exceptional opportunity at 2641 & 2643 Moderna Ct, Rancho Cordova. This 1,823 square foot multi-family property is fully occupied and a great investment and appraised for $537,000 in April. This duplex is located in a lovely court and each unit has a large private backyard. Each home features an open concept living area with two large bedrooms and bathroom. Long term tenants would love to stay and take exceptional care of the property. Don't let this one pass you up!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,822 | - |
| Lot Size | 8,978 | - |
| Price | $499.0K | $526.7K |
| Price per sq ft | $274 | $379 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 46 |
Jul 16, 2026
$499,000
Initial Listing