3711 46th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 6 bed, 4 bath
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3711 46th Avenue
Sacramento, CA 95824
ACTIVE
CONDITION: FAIR
6Beds
4Baths
2,480Sq Ft
7,336Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$699,000
SUMMARY
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $699,000, which aligns with its $699,000 Fair Market Value. Featuring a Condition Rating of 4, the property offers immediate cash flow with three units currently rented and one vacant, providing flexibility for an Owner-Occupant or new tenant. With updated laminate flooring and fresh interior paint, this asset is well-positioned for Buy-and-Hold Investors seeking a stable, income-generating property in a prime, high-demand Sacramento location with excellent freeway access.
Estimated Market Value
$699,000
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 |
|---|---|---|---|---|---|---|
★ 3711 46th Avenue Subject | $699,000* List Price | 6 | 4 | 2,480 | $282 | - |
A 5644 Odea Drive Active | $823,000 List Price | 8 | 4 | 2,570 | $320 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is a 1961 build that has received recent cosmetic updates, including fresh interior paint and new laminate flooring, making it move-in ready for tenants. However, it retains several dated features that prevent a higher score, such as original-style wall furnaces, older painted kitchen cabinetry, and basic bathroom fixtures with older tile surrounds. While well-maintained for its age, the major systems and overall style reflect a property that has been updated occasionally rather than undergoing a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Income & Flexibility
With three units currently rented on month-to-month agreements and one unit vacant, the property offers immediate cash flow while providing the flexibility for an owner-occupant or the opportunity to lease the final unit at current market rates.
- Turnkey Interior Updates
The units feature modern laminate flooring and fresh interior paint, presenting a clean and updated aesthetic that reduces immediate capital expenditure for a new owner and appeals to quality tenants.
- Strategic Rental Location
The property’s proximity to major freeways, shopping centers, and public transportation ensures high tenant demand and minimizes vacancy risks in a prime Sacramento investment area.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
The property has been active for over 180 days and has undergone a price reduction, which may indicate initial overpricing or lead to buyer hesitation regarding its market competitiveness.
- Aging Infrastructure
Built in 1961, the property may require higher long-term maintenance reserves for aging structural components and utility systems compared to more modern multi-family developments.
About 3711 46th Avenue
Fantastic Investment Opportunity! Own this income-generating 4-plex with three units already rented and one vacant, ready for an owner-occupant or new tenant! Current tenants are on a month to month rental agreement. Each unit has been updated with stylish laminate flooring and fresh interior paint (prior to current tenants), offering a modern and inviting feel. Conveniently located with easy access to the freeway, shopping, and public transportation, this property is perfect for investors looking for steady rental income in a prime Sacramento location. Don't miss out on this chance to build your portfolio.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1961
- Lot Size
- 7,336 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.6 |
| Baths | 4.0 | 3.6 |
| Square foot | 2,480 | 1,911.465 |
| Lot Size | 7,336 | 6,677.419 |
| Price | $699.0K | $673.8K |
| Price per sq ft | $282 | $336 |
| Built year | 1961 | 1956 |
| HOA | $0 | $304 |
| Days on market | 328 | 55 |
Pricing History
Listed for Sale
Apr 15, 2026
$699,000
$739,000
-5% Price Drop
Initial Listing
Price Change
Oct 16, 2025
$739,000
Initial Listing
Sold
Apr 16, 2019
$475,000
Public Record
Sold
Jun 3, 2016
$235,000
Public Record
Sold
Dec 8, 2014
$190,000
Public Record
Sold
Aug 21, 2013
$159,000
Public Record
Sold
Jun 18, 2009
$86,000
Public Record