402 Colin Kelly Drive, Roseville, CA 95747, Roseville, 95747 - 6 bed, 3 bath
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402 Colin Kelly Drive
Roseville, CA 95747
ACTIVE
CONDITION: EXCELLENT
6Beds
3Baths
2,080Sq Ft
4,500Lot Size
Property Price
LIST PRICE$619,970
EST. MARKET VALUE
$674,970
SUMMARY
This Turn-Key Triplex Investment is a Strong Value Opportunity, listed at $699,970—positioned well below the $757,191 Fair Market Value by 7%. This valuation gap provides $57,221 in Instant Equity. The property features a 2021-built duplex ADU and a renovated front unit with a private patio, all boasting an Excellent Condition Rating. With rare land ownership in Sabre City and proximity to Oakmont High, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Estimated Market Value
$674,970
Based on Realkey algorithm analyzing recent comparable sales in Roseville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This triplex features a newly constructed duplex ADU (2021) and a 1997 front unit that has been extensively renovated within the last few years. The property showcases modern vinyl plank flooring, fresh interior and exterior paint, updated kitchens with white cabinetry, and new light fixtures throughout. All components meet current quality standards with no visible deferred maintenance, making it a turn-key investment or owner-user opportunity.
PROSSTRENGTHS & OPPORTUNITIES
- Land Ownership
A significant advantage in Sabre City where residents own the land, eliminating space rent and providing greater long-term investment security compared to traditional mobile home parks.
- Immediate Income Potential
The triplex configuration features two modern, tenant-occupied ADUs providing instant cash flow, while the vacant, remodeled front unit allows for immediate owner-occupancy or market-rate leasing.
- Recent Capital Improvements
With a newly constructed duplex ADU (2021) and a fully renovated front unit, the property offers low-maintenance modern finishes and updated systems, reducing near-term CapEx requirements.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3182, other record living area = 1982. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 1.
- Mixed Construction Financing
The combination of a 1997 mobile home and a traditional duplex ADU on a single lot may present challenges for conventional financing, potentially requiring specialized lenders or higher down payments.
- High Lot Density
Housing three separate units on a 4,500 sq ft lot results in limited private outdoor space and a small shared yard, which may impact tenant retention for those seeking more privacy.
About 402 Colin Kelly Drive
INVESTOR OPPORTUNITY 3 UNITS + LAND WEST ROSEVILLE. Own the mobile home AND the land, plus TWO newer 2-bedroom ADUs! This unique West Roseville property offers 3 income-producing units with a pro forma gross rental income of $8,610/month ($103,320/year). Located in desirable Sabre City, where mobile homeowners own the land, this property offers investors a rare opportunity to acquire a multi-unit property with immediate income and potential upside. The front unit is an 880 sq ft, 2-bedroom, 1-bath mobile home that has been recently remodeled and is currently vacant and ready for immediate occupancy or lease-up. Updates include a renovated kitchen and bathroom, new flooring, fresh interior and exterior paint, and modern light fixtures. Additional features include a covered carport and covered patio. Estimated fair-market rent: $2,870/month. At the rear is a 2021-built two-story duplex ADU, with two additional 2-bedroom units. Each unit is approximately 600 sq ft and features a modern, efficient floor plan with white shaker cabinets, laminate countertops, vinyl plank flooring, and all-electric appliances/systems. Both ADUs are currently tenant occupied on month-to-month leases, providing immediate rental income while maintaining flexibility for the future. INVESTMENT HIGHLIGHTS: 3 total 2-bedroom units 2,080 sq ft combined living area Two ADUs built in 2021 Front unit vacant and ready to lease Two units currently producing rental income $8,610/month pro forma gross rent $103,320/year pro forma gross rent OWN THE LAND NO SPACE RENT Low-maintenance property with multiple income streams Ideal for investors seeking rental income, portfolio growth, or an owner-occupant looking to live in one unit while renting the others.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1997
- Lot Size
- 4,500 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Roseville Unified Schools
Oak Hill Elementary School
Grades K-6 • 0.9 mi
5/10
Wilson C. Riles Middle School
Grades 7-8 • 0.6 mi
4/10
Creekview Ranch Middle School
Grades K-8 • 1.5 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 6.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,080 | 723 |
| Lot Size | 4,500 | 7,405 |
| Price | $620.0K | $972.8K |
| Price per sq ft | $298 | $1.3K |
| Built year | 1997 | 2026 |
| HOA | $0 | $0 |
| Days on market | 155 | 35 |
Pricing History
Listed for Sale
Sep 4, 2026
$619,970
$649,970
-5% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$649,970
$674,970
-4% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$674,970
$699,970
-4% Price Drop
Initial Listing
Price Change
Apr 7, 2026
$699,970
Initial Listing
Sold
Apr 30, 2003
$41,500
Public Record