4536 Ashcroft Avenue, Sacramento, CA 95841, Sacramento, 95841 - 8 bed, 4 bath
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Sacramento, CA 95841
This Strategic Multi-Family Asset represents a Strong Value Opportunity, with a List Price of $889,999—positioned well below the $960,529 Fair Market Value by 7%. This valuation gap provides $70,530 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the property features partially remodeled units and a prime location near American River College, ensuring consistent rental demand. With a projected 4.5% Cap Rate and the rare potential to acquire the adjacent fourplex, this is a premier acquisition for Buy-and-Hold Investors or Portfolio Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4536 Ashcroft Avenue Subject | $889,999* List Price | 8 | 4 | 3,520 | $273 | - |
A 4549 Ashcroft Avenue Sold | $747,500 | 8 | 4 | 3,592 | $208 | 0.1 mi |
B 4968 Tyler Street Sold | $837,500 | 6 | 4 | 2,626 | $319 | 0.1 mi |
C 4540 Ashcroft Avenue Active | $889,999 List Price | 8 | 4 | 3,520 | $253 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the property is well-maintained with significant recent interior upgrades. According to the description and images, at least one unit is fully remodeled and another is partially updated. The interiors feature modern luxury vinyl plank flooring, updated shaker-style cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been modernized with contemporary tile surrounds and new vanities. The addition of mini-split HVAC systems further improves the condition, making the updated units move-in ready, though the overall age of the structure and remaining original units keep it from an 'excellent' rating.
The property's proximity to American River College and major freeways ensures a consistent and high demand for housing from students and local professionals.
With one unit fully remodeled and another partially updated, the property offers immediate value and reduced initial capital expenditure for interior improvements.
The rare opportunity to purchase the identical neighboring fourplex allows an investor to double their unit count in a single location, streamlining management and operations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3520, other record living area = 3552.
A projected cap rate of approximately 4.5% may be considered low for some investors seeking higher immediate cash flow in the Sacramento multi-family market.
Built in 1963, the property may require significant long-term investment for major systems like roofing, plumbing, or electrical that have not been fully modernized.
A rare opportunity. Fourplex in Sacramento near American River College offering excellent investment potential. This property features four spacious units, each with a comfortable 2-bedroom with walk-in closet, 1-bath floor plan. Apt #1 has been fully remodeled, and Apt #4 kitchen and bathroom have been remodeled. Residents enjoy convenient on-site laundry facilities and off-street parking, along with close proximity to shopping, restaurants, schools, and major freeways. With its desirable central location that continues to attract long-term tenants, this well-maintained income property presents a strong opportunity for investors seeking consistent rental income and long-term growth potential. Cap is around 4.5% Seller Has another Fourplex for sale next to this one at 4540 Ashcroft Ave. They can be purchased togther.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 5.0 | 67% |
| Baths | 4.0 | 3.5 | 50% |
| Square foot | 3,520 | 3,073 | 50% |
| Lot Size | 2,858 | 8,381 | 17% |
| Price | $890.0K | $776.2K | 83% |
| Price per sq ft | $253 | $260 | 50% |
| Built year | 1963 | 1971 | 33% |
| HOA | $390 | $0 | 67% |
| Days on market | 48 | 168 | 17% |
Apr 11, 2026
$889,999
$899,999
-1% Price Drop
Initial Listing
Mar 5, 2026
$899,999
Initial Listing
Sep 12, 2022
$810,000
Public Record
Jul 27, 2020
$695,000
Public Record
May 15, 2018
$497,000
Public Record
May 29, 2012
$200,000
Public Record