
Rio Vista, CA 94571
This property presents a High-Potential Investment Opportunity with a List Price of $499,800—positioned well above the $416,849 Fair Market Value by -19%. While the price reflects a premium, the 5-bedroom, 3.5-bathroom configuration across two units provides significant rental income potential. Featuring a Fair Condition Rating and a private deck, the property requires cosmetic modernization to reach its full market potential. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack arrangement to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 284 S 4th Street Subject 3 bd · 2 ba · 1,298 sqft · $321 | $499,800* List Price | 3 | 2 | 1,298 | $321 | - |
A 30 Tahoe Drive Sold 3 bd · 2 ba · 1,268 sqft · $307 · 0.4 mi | $389,000 | 3 | 2 | 1,268 | $307 | 0.4 mi |
B 531 California Street Sold 2 bd · 1 ba · 997 sqft · $356 · 0.1 mi | $355,000 | 2 | 1 | 997 | $356 | 0.1 mi |
C 945 Laurel Way Sold 3 bd · 2 ba · 1,197 sqft · $326 · 0.6 mi | $390,000 | 3 | 2 | 1,197 | $326 | 0.6 mi |
D 190 Tahoe Dr Pending 3 bd · 2 ba · 1,328 sqft · $297 · 0.4 mi | $395,000 List Price | 3 | 2 | 1,328 | $297 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1880, the property shows signs of a renovation likely performed 20-30 years ago. While functional and move-in ready, the interior is dated with worn carpeting, older linoleum flooring, and basic kitchen/bath fixtures. The property requires cosmetic updates and a thorough inspection of older systems to reach modern standards.
The inclusion of a separate 2-bedroom, 1.5-bathroom ADU offers significant opportunities for rental income or a private multigenerational living arrangement.
With a total of 5 bedrooms and 3.5 bathrooms across two structures, the property provides exceptional versatility and space for large families or guests.
Priced under $500,000 for two distinct living units, this property represents a strong value proposition for investors and owner-occupants alike in the Rio Vista market.
Originally built in 1880, the property may require significant ongoing maintenance or costly modernization of older structural and mechanical systems.
With a reported 1,298 square feet of living area distributed across a high bedroom count, the individual rooms and common areas may feel constrained.
Welcome to 284 S 4th! Discover the versatility and potential of this spacious property featuring three bedrooms and two bathrooms in the main home plus a separate ADU with two bedrooms and one and a half bathrooms. Whether you're looking for a multigenerational living arrangement, additional space for guests, or an opportunity for rental income, this property offers flexibility to fit a variety of lifestyles. With a total of 5 bedrooms and 3.5 bathrooms across the main residence and ADU, 284 S 4th presents a unique opportunity to maximize both space and functionality. Enjoy the benefits of having additional living quarters while maintaining separation and privacy between the two residences. Don't miss the opportunity to make this versatile property your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,298 | 1,634.582 |
| Lot Size | 4,792 | 5,758.4 |
| Price | $499.8K | $434.5K |
| Price per sq ft | $385 | $261 |
| Built year | 1880 | 2004 |
| HOA | $0 | $289 |
| Days on market | 43 | 93 |
Sep 11, 2026
$499,800
Initial Listing