
Carmichael, CA 95608
5337-5339 Moody Lane is a multi-unit investment opportunity situated on nearly half an acre in an established, quiet residential neighborhood surrounded by single-family homes. The property features a front duplex with two 2-bedroom, 1-bathroom units and a separate rear dwelling unit offering 1 bedroom and 1 bathroom. All three units have been updated and feature central heating and air conditioning, tankless water heaters, and private yards. The single-story, cottage-style design offers comfortable living spaces and added privacy for residents. The spacious lot provides generous outdoor areas and a more open setting than many traditional multi-unit properties. With three total units, desirable amenities, and a residential setting, this property offers an excellent opportunity for investors looking to expand their rental portfolio or for those seeking a multi-home property with separate living spaces.
Property is move-in ready.
Despite the 1951 build date, the property has undergone significant recent renovations. The interiors feature modern laminate flooring, updated kitchens with stone countertops and newer appliances, and refreshed bathrooms. Critical systems have been modernized with central HVAC and tankless water heaters, meeting the criteria for a well-maintained, move-in ready investment.
All three units feature significant upgrades including central heating and air conditioning, tankless water heaters, and updated interiors, reducing immediate capital expenditure for a new owner.
Situated on nearly half an acre, the property offers a rare cottage-style layout with private yards for each unit, providing a residential feel that attracts high-quality, long-term tenants.
The configuration of a front duplex and a separate rear dwelling unit maximizes privacy and flexibility, making it ideal for multi-generational living or a diversified rental portfolio.
Originally built in 1951, the property may have underlying age-related maintenance requirements for structural or mainline components despite recent surface and system updates.
The list price of $1.09M reflects a substantial increase over the 2022 sale price of $950k, which may challenge investors seeking high immediate cash-on-cash returns in the current interest rate environment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 2.3 |
| Square foot | 1,984 | 2,001.714 |
| Lot Size | 19,166 | 9,182.429 |
| Price | $1.09M | $583.9K |
| Price per sq ft | $549 | $296 |
| Built year | 1951 | 1973 |
| HOA | $0 | $0 |
| Days on market | 2 | 108 |
Oct 22, 2026
$1,090,000
Initial Listing
Jun 24, 2022
$950,000
Public Record
Aug 6, 2015
$360,000
Public Record
Jun 25, 2003
$350,000
Public Record