2685 Freeport Blvd, Sacramento, CA 95818, Sacramento, 95818 - 0 bed, 0 bath
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2685 Freeport Blvd
Sacramento, CA 95818
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,734Sq Ft
4,792Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$859,754
7% BelowMARKET VALUE
SUMMARY
This Land Park Duplex is a Strong Value Opportunity, listed at $799,000—positioned well below the $859,754 Fair Market Value by 7%. This valuation gap offers $60,754 in Instant Equity. Featuring a Mint Condition Rating with full modern renovations, this property includes a rare 1.8% assumable FHA loan. With its proven mid-term rental track record, private garages, and ADU potential, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack in a prime location.
Estimated Market Value
$859,754+$60,754 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2685 Freeport Blvd Subject 0 bd · 0 ba · 1,734 sqft · $496 | $799,000* List Price | 0 | 0 | 1,734 | $496 | - |
A 1805 V Street Sold 4 bd · 3 ba · 1,686 sqft · $480 · 0.5 mi | $810,000 | 4 | 3 | 1,686 | $480 | 0.5 mi |
B 2431 Binnen Lane Sold 4 bd · 3 ba · 1,270 sqft · $543 · 0.9 mi | $690,000 | 4 | 3 | 1,270 | $543 | 0.9 mi |
C 916 U Street Active 2 bd · 2 ba · 1,488 sqft · $470 · 1.0 mi | $699,999 List Price | 2 | 2 | 1,488 | $470 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1930, the property has undergone a full modern renovation within the last 5 years. The kitchens feature updated shaker and painted cabinetry, quartz countertops, trendy herringbone tile backsplashes, and new stainless steel appliances. The interior shows consistent high-end finishes including new wide-plank flooring, fresh paint, and updated fixtures, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker/Riverside Elementary School (9/10).
- Exceptional Financing Opportunity
The property features a rare 1.8% assumable FHA loan with an approximately $489K balance, offering a massive interest rate advantage that significantly lowers the monthly carrying cost compared to current market rates.
- Turnkey Income Potential
Both units are fully remodeled with a proven track record as mid-term rentals, providing an immediate 'house hacking' or investment opportunity with separate utilities, driveways, and ADU potential in the garages.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
Several of the assigned public schools, including the local elementary and middle schools, have low ratings (2-3 range), which may be a deterrent for families prioritizing top-tier educational districts.
- High-Traffic Location
Being located on Freeport Boulevard, a major neighborhood thoroughfare, the property is subject to higher traffic volume and noise levels than homes situated on quieter interior residential streets.
About 2685 Freeport Blvd
ASSUME A 1.8% FHA LOAN! Rare Land Park Tudor duplex with an assumable FHA loan at 1.8% (approx. $489K balance) for a qualified owner occupant, subject to lender approval. Live in one home, rent the other, and lock in a payment today's rates can't touch. Two fully remodeled 2 bed, 1 bath units of approx. 867 sq ft each sit on a corner lot with separate addresses, separate driveways, and a garage for each. Inside, 1930 charm meets modern finishes, with a fireplace, full kitchen, and laundry in each unit. Outside, enjoy a fenced yard made for gathering, plus garage space with ADU potential (buyer to verify). Both units have a proven track record as furnished mid term rentals, and the furnishings are negotiable for a turnkey start. Walk to William Land Park, the Sacramento Zoo, the golf course, and local coffee shops. Minutes to Midtown, Downtown, City College, UC Davis Medical Center, and freeways. A home, an income, and a rate you can't get anywhere else.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1930
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
William Land Elementary School
Grades K-6 • 0.8 mi
6/10
Crocker/Riverside Elementary School
Grades K-6 • 0.9 mi
9/10
Bret Harte Elementary School
Grades K-6 • 1.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 1,734 | 1,951.727 |
| Lot Size | 4,792 | 6,558.2 |
| Price | $799.0K | $658.0K |
| Price per sq ft | $461 | $327 |
| Built year | 1930 | 1957 |
| HOA | $0 | $304 |
| Days on market | 17 | 52 |
Pricing History
Listed for Sale
Oct 7, 2026
$799,000
Initial Listing
Sold
Jul 21, 2021
$575,000
Public Record