
Sacramento, CA 95841
This fourplex represents a Strong Value Opportunity, listed at $899,000—positioned well above the $819,014 Fair Market Value. Despite the premium, the property offers a stable, income-generating Residential Income Asset with a Condition Rating of 3. Featuring modern infrastructure like new copper plumbing, central A/C, and double-pane windows, the unit minimizes immediate capital expenditures. With an estimated NOI of $58,306, this property provides reliable cash flow for Buy-and-Hold Investors and Portfolio Diversifiers seeking a turnkey, low-maintenance multi-family investment in a high-demand commute location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5555 Keoncrest Circle Subject | $899,000* List Price | 8 | 0 | 3,612 | $227 | - |
A 5731 Blachly Way Sold | $800,000 | 8 | 4 | 3,736 | $214 | 0.1 mi |
B 5555 Keoncrest Circle Active | $899,999 List Price | 8 | 0 | 3,612 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1968, the property has undergone significant updates including new copper plumbing, central A/C, and double-pane windows. The interior features modern laminate flooring and stone countertops, indicating a renovation likely within the 5-15 year range, making it well-maintained and move-in ready.
With an estimated Net Operating Income of $58,306 against an $899,000 list price, this property offers a compelling cap rate and immediate cash flow potential for investors.
The inclusion of new copper plumbing, double-pane windows, and central A/C significantly reduces immediate capital expenditure requirements and enhances tenant comfort.
The absence of HOA fees combined with separate electric meters for each unit minimizes landlord overhead and simplifies utility management.
Built in 1968, the property may require more frequent long-term maintenance and structural oversight compared to newer multi-family developments.
With only two attached garages for four units, the property lacks a 1:1 covered parking ratio, which may be a drawback for some prospective tenants.
Welcome to a nicely updated fourplex in a great North Sacramento neighborhood. Great condition property with great cash flow. Estimated Net Operating Income: $58,306. (4) 2 Bed/ 1 Bath units. 2 attached garages plus additional uncovered parking. Bright living and dining areas. Double-pane windows. New copper plumbing. Central A/C. On site community laundry room. Separate electric meters. No HOA. Near parks, schools, shopping, dining and coffee shops within easy reach. Wonderful commute location with easy access to Highway 80.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.6 |
| Baths | 0.0 | 3.6 |
| Square foot | 3,612 | 1,911.465 |
| Lot Size | 10,055 | 6,677.419 |
| Price | $899.0K | $673.8K |
| Price per sq ft | $249 | $336 |
| Built year | 1968 | 1956 |
| HOA | $0 | $304 |
| Days on market | 30 | 55 |
Aug 10, 2026
$899,000
Initial Listing
Mar 20, 2025
$895,000
Public Record
Aug 29, 2011
$125,000
Public Record
Jun 3, 2003
$399,000
Public Record
Apr 1, 2003
$8,500,000
Public Record