4615 A Parkway, Sacramento, CA 95823, Sacramento, 95823 - 0 bed, 0 bath
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Sacramento, CA 95823
This fully occupied duplex represents a High-Potential Investment Opportunity, listed at $560,000—positioned well below the $562,288 Fair Market Value by 0.4%. With a Condition Rating of 3, this turnkey asset offers immediate rental income through its two 2-bedroom units, each featuring a private garage and gated backyard. While school ratings in the area are modest, the property’s central location and consistent tenant demand ensure long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time landlords seeking a low-maintenance, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4615 A Parkway Subject | $560,000* List Price | 0 | 0 | 1,800 | $312 | - |
A 7332 Arleta Court Sold | $450,000 | 4 | 2 | 1,944 | $231 | 0.6 mi |
B 5220 Pomegranate Avenue Sold | $560,000 | 4 | 2 | 1,700 | $329 | 0.8 mi |
C 7314 Berna Way Sold | $509,000 | 6 | 2 | 1,976 | $258 | 0.6 mi |
D 5509 Orange Avenue Sold | $512,500 | 6 | 2 | 1,976 | $259 | 0.6 mi |
E 7316 Arleta Court Pending | $495,000 List Price | 4 | 2 | 1,944 | $255 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1954, the property is listed as having recent updates and being in turnkey condition. The exterior shows pride of ownership with well-maintained siding and grounds, suggesting the systems and interiors have been updated within the 5-15 year range to remain functional and move-in ready.
The property is fully occupied with recent updates, providing immediate rental income and a seamless transition for investors without the need for initial renovations.
Each unit includes a private single-car garage, a brick fireplace, and a gated backyard, offering a level of privacy and functionality that is highly attractive for long-term tenant retention.
Situated in the Parkway Estates area with close proximity to major commuter routes, shopping, and dining, ensuring consistent demand and low vacancy rates.
The assigned public schools have low ratings (mostly 2-3 out of 10), which may limit the property's appeal to families and impact long-term capital appreciation.
Originally built in 1954, the property may face higher long-term maintenance costs associated with older plumbing, electrical, or structural systems despite recent cosmetic updates.
Great investment opportunity in a centrally located Sacramento neighborhood! This fully occupied duplex offers consistent rental income and strong tenant appeal. Located in the desirable Parkway Estates area, each unit features 2 bedrooms, 1 full bathroom, approximately 900 square feet of living space, a cozy brick fireplace, and a private single-car garage. The property includes a gated backyard for added privacy and security, along with convenient off-street parking. Ideally situated near shopping, dining, coffee shops, and major commuter routes, this location makes it easy to attract and retain tenants. With recent updates already completed and pride of ownership evident throughout, this well-maintained, income-producing property is a turnkey opportunity ready for its next owner.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 13% |
| Baths | 0.0 | 2.0 | 13% |
| Square foot | 1,800 | 1,942 | 38% |
| Lot Size | 8,276 | 7,525 | 75% |
| Price | $560.0K | $496.2K | 63% |
| Price per sq ft | $311 | $251 | 63% |
| Built year | 1954 | 1963 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 309 | 13% |
May 4, 2026
$560,000
Initial Listing
Feb 15, 2023
$500,000
Public Record
Dec 13, 2002
$185,000
Public Record