
Carmichael, CA 95608
This Turnkey Duplex represents a Strong Value Opportunity, listed at $550,000—positioned well below the $580,025 Fair Market Value by 5%. This valuation gap provides $30,025 in Instant Equity. With a Condition Rating of 3, the property features updated interiors and private backyards, making it a stable asset. This versatile layout is ideal for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants looking to house-hack and offset mortgage costs in a desirable Carmichael location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4920 Douvan Court Subject | $550,000* List Price | 4 | 2 | 1,826 | $318 | - |
A 4905 Heatherdale Ln Sold | $645,000 | 4 | 3 | 1,777 | $363 | 0.2 mi |
B 3231 Garfield Avenue Sold | $678,000 | 4 | 2 | 2,070 | $328 | 0.9 mi |
C 3129 Murchison Way Sold | $614,900 | 3 | 3 | 1,577 | $390 | 0.6 mi |
D 5242 Wyndham Oak Lane Sold | $601,000 | 3 | 2 | 1,854 | $324 | 0.5 mi |
E 4828 Boyd Drive Active | $555,000 List Price | 4 | 2 | 1,671 | $332 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property has undergone significant interior updates including contemporary engineered hardwood flooring, dual-pane windows, and modern shaker-style kitchen cabinetry. The units appear well-maintained, functional, and move-in ready, consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1826.
This duplex offers a flexible opportunity for owner-occupants to house-hack and offset mortgage costs or for investors to acquire a turnkey property with two income-generating units.
Each unit features contemporary engineered hardwood flooring, dual-pane windows, and a full suite of appliances including washers and dryers, reducing immediate capital expenditure for the buyer.
The exterior and landscaping require additional creative investment to fully realize the property's mid-century modern architectural potential and enhance its street presence.
Built in 1964, the property may require ongoing maintenance or future updates to its original systems despite the recent interior cosmetic renovations.
Well-maintained, light-filled duplex in the heart of Carmichael offering an exceptional opportunity for both investors and owner-occupants. Live in one unit and rent the other to help offset your mortgage, or add a turnkey property to your investment portfolio. Each identical unit is approximately 900 sq. ft. and features 2 bedrooms, 1 bathroom, updated interiors, contemporary engineered hardwood flooring, dual-pane windows, gas stove, refrigerator, washer, and dryer. Designed for comfortable indoor-outdoor living, each unit features a sliding glass door from the living room that opens to a covered front porch, as well as a second sliding door from the primary bedroom providing direct access to its own large, private backyard. The separately fenced yards offer ample outdoor space with mature trees, patios, and dedicated exterior storage for each unit. With its clean lines, abundant natural light, and subtle mid-century modern influence, this property offers a stylish foundation ready for your personal vision. A little landscaping and creativity could further enhance its curb appeal and architectural character. Conveniently located near shopping, dining, parks, and everyday amenities, this is a rare opportunity to own a versatile duplex in a desirable Carmichael location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,826 | - |
| Lot Size | 9,148 | - |
| Price | $550.0K | $576.3K |
| Price per sq ft | $301 | $376 |
| Built year | 1964 | 0 |
| HOA | $0 | $0 |
| Days on market | 40 | 35 |
Jun 12, 2026
$550,000
Initial Listing
Jun 7, 2019
$375,000
Public Record