
North Highlands, CA 95660
This duplex presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $453,703 Fair Market Value by -4%. While the property requires updates, the significant rental upside from the under-market unit provides a clear path to increased cash flow. Featuring a Fair Condition Rating and covered rear patios, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to add value through strategic renovations in a stable Sacramento-area market.
Property is extensive renovation needed.
Built in 1958 and marketed as a 'light fixer,' the property shows significant dating in the kitchen and bathrooms with worn cabinetry and older fixtures. Visual evidence of deferred maintenance includes unfinished exterior door trim, weathered fencing, and peeling interior paint, indicating the need for a rehab to reach full market potential.
Priced $25,000 below the lowest recent sale and nearly $100,000 below optimized comparables, this property offers a substantial value-add opportunity for investors to build immediate equity.
While one unit achieves a market rent of $1,650, the second unit is currently under-rented at $1,150, providing a clear path to increased cash flow once the unit is updated.
The availability of pre-completed whole-house and pest inspections reduces buyer uncertainty and allows for a more accurate assessment of repair costs before entering a contract.
As a 'light fixer,' the property requires upfront capital and management effort to renovate the second unit and address existing inspection findings to reach its full market potential.
Built in 1958, the property may feature aging systems and structural elements typical of its era, which often require higher long-term maintenance reserves than newer multi-family assets.
If you're looking for a Sacramento-area duplex light fixer with some meat on the bone for a fix-and-hold investment, this one is worth a closer look. The property is priced $25,000 below the lowest recent closed sale and nearly $100,000 below a recent comparable sale that had been fully optimized. That creates an opportunity to improve the property and potentially build equity rather than paying a premium for someone else's improvements. A whole-house inspection and pest inspection have already been completed, so you can get a good understanding of the property's condition upfront. Both units are 2-bedroom, 1-bathroom units with one-car garages. One unit was recently updated and is currently rented for $1,650 per month. The other has a long-term tenant paying $1,150 per month, leaving room for a future rent increase. Once updated, we believe the market rent for that unit should be close to the $1,650 currently being achieved by the renovated unit. Both units also feature covered rear patios and large private backyards. For an investor looking for a duplex with existing income, some upside in the rents, and the opportunity to add value through improvements, this property has several things working in its favor.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.9 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 6.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,614 | 1,058 |
| Lot Size | 6,761 | 6,704 |
| Price | $475.0K | $465.5K |
| Price per sq ft | $294 | $440 |
| Built year | 1958 | 1979 |
| HOA | $0 | $0 |
| Days on market | 26 | 9 |
Aug 14, 2026
$475,000
Initial Listing