3061 Kroy Way, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 2 bath
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Sacramento, CA 95820
This Dual-Unit Residential Asset represents a Strong Value Opportunity, listed at $650,000—a price point that aligns with its $650,000 Fair Market Value. Featuring two separate dwellings on an expansive 8,276 sqft lot, the property maintains a Condition Rating of 4, offering a functional but dated interior ready for value-add improvements. Its strategic location near UC Davis Medical Center and Sacramento State ensures robust rental demand and long-term stability. This is a premier choice for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-yield multi-unit property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3061 Kroy Way Subject | $650,000* List Price | 3 | 2 | 2,057 | $316 | - |
A 3641 52nd Street Sold | $492,000 | 3 | 2 | 1,528 | $322 | 0.9 mi |
B 3640 62nd Street Sold | $575,000 | 4 | 2 | 1,860 | $309 | 0.4 mi |
C 6517 San Joaquin Street Sold | $504,000 | 3 | 2 | 1,427 | $353 | 0.1 mi |
D 6551 Kipping Way Sold | $485,000 | 3 | 2 | 1,449 | $335 | 0.6 mi |
E 3501 Sophia Way Sold | $555,000 | 3 | 1 | 1,395 | $398 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is aged but appears to be maintained. The kitchens and bathrooms are functional but significantly outdated in terms of style, fixtures, and finishes (e.g., dated cabinets, laminate/tile countertops, older flooring, and specific paint choices). While some appliances in the main kitchen appear newer, the overall aesthetic and components suggest renovations were done 15-30 years ago, or piecemeal updates without a comprehensive modernization. The property requires minor to moderate updates to meet current quality and style standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 2057.
The property is explicitly marketed as featuring 'two great homes' and a 'multi-unit property,' offering significant potential for rental income or comfortable living with supplemental income, appealing to both investors and owner-occupants.
Its proximity to UC Davis Medical Center and Sacramento State University ensures a strong and consistent demand for rentals, making it highly attractive to students, faculty, and medical professionals.
Built in 1940, the property is over 80 years old, suggesting potential for outdated infrastructure (plumbing, electrical, HVAC) and likely requiring significant capital investment for modernization and ongoing maintenance.
The description highlights 'two great homes' and 'multi-unit property,' yet the 'sub_type' is listed as 'Single Family Residence.' This inconsistency requires clarification and could affect financing, zoning, or legal use.
Several key dates (on-market, modified timestamp, price change dates) are listed in the future, indicating potential data entry errors or system issues that could raise questions about the listing's overall accuracy and reliability.
Welcome to 3061 Kroy Way- featuring two great homes and a great opportunity for investors or owner-occupants. Located minutes from UC Davis Medical Center and Sacramento State University, this property offers a perfect opportunity for rental income or comfortable living with rental potential. Whether you're an investor seeking rental income or an owner-occupant looking for a multi-unit property, this property is an incredible opportunity. Come see it today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 56% |
| Square foot | 2,057 | 1,072.5 | 99% |
| Lot Size | 8,276 | 5,663 | 87% |
| Price | $650.0K | $410.0K | 98% |
| Price per sq ft | $316 | $368 | 29% |
| Built year | 1940 | 1950 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 378 | 185 | 99% |
Jan 6, 2026
$650,000
$698,000
-7% Price Drop
Initial Listing
Apr 9, 2025
$698,000
Initial Listing
Jan 24, 2000
$96,000
Public Record