2915 Norcade Cir, Sacramento, CA 95826, Sacramento, 95826 - 0 bed, 0 bath
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2915 Norcade Cir
Sacramento, CA 95826
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,738Sq Ft
10,210Lot Size
Property Price
LIST PRICE$779,000
EST. MARKET VALUE
$770,300
SUMMARY
This quadplex presents a High-Potential Investment Opportunity with a List Price of $779,000—positioned slightly above the $770,300 Fair Market Value. While the property requires careful management of the $650 monthly association fee, it offers a stable Condition Rating of 3 with recent interior upgrades. Featuring a community swimming pool and 2-car attached garage, this asset provides strong rental appeal for Buy-and-Hold Investors and first-time multifamily buyers seeking a well-maintained, income-producing property near Highway 50.
Estimated Market Value
$770,300
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 |
|---|---|---|---|---|---|---|
★ 2915 Norcade Cir Subject 0 bd · 0 ba · 3,738 sqft · $206 | $779,000* List Price | 0 | 0 | 3,738 | $206 | - |
A 2840 Norcade Cir Pending 0 bd · 0 ba · 3,738 sqft · $201 · 0.1 mi | $750,000 List Price | 0 | 0 | 3,738 | $201 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1969, the property has undergone recent renovations including new luxury vinyl plank flooring, fresh interior paint, and updated stone countertops in the bathrooms. The units appear well-maintained, functional, and move-in ready for tenants, meeting the criteria for a 5-15 year renovation cycle despite some dated elements like popcorn ceilings.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Rental Configuration
The quadplex features a uniform layout of four 2-bedroom, 1-bathroom units, providing a stable and highly marketable foundation for consistent rental income and simplified management.
- Strategic Location
Ideally situated near Highway 50 with easy access to downtown Sacramento, shopping, and dining, ensuring high tenant demand and excellent connectivity for commuters.
- Enhanced Amenities
The property offers rare multi-family perks including a community swimming pool and a 2-car attached garage, significantly increasing its competitive edge and desirability in the rental market.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-03-16. The sold price is $653,500.00.
- High Association Fees
The $650 monthly association fee represents a significant recurring overhead cost that directly impacts the property's net operating income and overall cash flow.
- Modest School Ratings
With the local elementary school rated at a 3/10, the property may face challenges attracting long-term family tenants who prioritize high-performing school districts.
About 2915 Norcade Cir
Discover a great opportunity to start or expand your real estate portfolio with this well-maintained four unit (Quadplex) in Sacramento's Cypress Meadows community. Each of the four units features 2 bedrooms and 1 bathroom, offering a desirable layout for tenants and a solid foundation for long-term rental income. Nicely maintained with recent upgrades, this property combines established income potential with convenient amenities and a desirable location. Residents enjoy a private, well-managed community featuring a swimming pool, community laundry facilities, and convenient parking, including a 2-car attached garage plus two additional parking spaces. Ideally situated near Highway 50 with easy access to downtown Sacramento, shopping, dining, and everyday conveniences. Whether you're an investor looking to acquire your first multifamily property or an experienced owner seeking to grow your portfolio, this fourplex presents an excellent opportunity to invest in income-producing real estate in Sacramento.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1969
- Lot Size
- 10,210 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $650 / Month
Neighborhood Insights
Sacramento Unified Schools
Isador Cohen Elementary School
Grades K-6 • 0.3 mi
3/10
Albert Einstein Middle School
Grades 7-8 • 1.0 mi
5/10
Rosemont High School
Grades 9-12 • 1.7 mi
6/10
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 | 3,738 | 1,951.727 |
| Lot Size | 10,210 | 6,558.2 |
| Price | $779.0K | $658.0K |
| Price per sq ft | $208 | $327 |
| Built year | 1969 | 1957 |
| HOA | $650 | $304 |
| Days on market | 12 | 52 |
Pricing History
Listed for Sale
Oct 12, 2026
$779,000
Initial Listing
Sold
Mar 16, 2026
$653,500
Public Record
Sold
Oct 10, 2019
$591,000
Public Record
Sold
Apr 1, 2005
$570,000
Public Record