
Sacramento, CA 95823
This fully occupied duplex presents a Strong Value Opportunity, listed at $545,000—positioned well above the $519,000 Fair Market Value by 5%. While the property requires a premium, it offers immediate cash flow and a Condition Rating of 4, featuring a gated backyard and private garages. With reliable rental income and recent updates, this turnkey asset provides long-term stability in an established market. This is an ideal acquisition for Buy-and-Hold Investors or income-focused portfolio managers seeking a stable, income-producing property in Sacramento.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4615 A Parkway Subject | $545,000* List Price | 0 | 0 | 1,800 | $288 | - |
A 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 moderate renovation needed.
Built in 1954, this property is well-maintained but shows its age. While the description mentions recent updates and the photos show newer laminate flooring and fresh paint, the kitchen features dated green tile countertops and older appliances characteristic of a renovation older than 20 years. The exterior and HVAC system appear functional, but the overall aesthetic and core fixtures remain dated, fitting the criteria for a property needing eventual modern updates.
The property is a fully occupied, turnkey duplex, providing immediate cash flow for investors with reliable rental income already in place.
Each unit features a private single-car garage, a cozy brick fireplace, and a gated backyard, which are highly desirable features that help attract and retain quality tenants.
A significant price reduction combined with a motivated seller offers a more competitive entry point into the Parkway Estates rental market with improved cap rate potential.
The property has been on the market for 120 days, which may suggest initial overpricing or buyer hesitation despite the recent price adjustment.
Most assigned local schools have ratings of 3 or lower, which could limit the property's appeal to families and impact long-term appreciation compared to other neighborhoods.
Huge Price Reduction! Motivated Seller! Exceptional Investment Opportunity! Take advantage of this outstanding opportunity to own a fully occupied, income-producing duplex in the desirable Parkway Estates neighborhood of Sacramento. With reliable rental income already in place, this property is an excellent addition to any investment portfolio. Each well-maintained unit offers 2 bedrooms, 1 full bathroom, approximately 900 square feet of living space, a cozy brick fireplace, and a private single-car garage. The property also features a gated backyard for added privacy and security, plus convenient off-street parking. Ideally located near shopping, restaurants, coffee shops, schools, parks, and major commuter routes, this desirable location continues to attract quality tenants and supports long-term rental demand. Recent updates have already been completed, and pride of ownership is evident throughout. Whether you're expanding your investment portfolio or purchasing your first income property, this turnkey duplex offers immediate cash flow with excellent long-term appreciation potential. Huge Price ReductionMotivated Seller! Don't miss this exceptional opportunity to own a well-maintained, income-producing property in one of Sacramento's established rental markets. Interior photos are of unit 4615 were taken prior to rental occupancy.
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 |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.6 |
| Square foot | 1,800 | 1,911.465 |
| Lot Size | 8,276 | 6,677.419 |
| Price | $545.0K | $673.8K |
| Price per sq ft | $303 | $336 |
| Built year | 1954 | 1956 |
| HOA | $0 | $304 |
| Days on market | 128 | 55 |
Jul 8, 2026
$545,000
$560,000
-3% Price Drop
Initial Listing
May 4, 2026
$560,000
Initial Listing
Feb 15, 2023
$500,000
Public Record
Dec 13, 2002
$185,000
Public Record