5642 Madison Ave #2, Sacramento, CA 95841, Sacramento, 95841 - 2 bed, 1 bath
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5642 Madison Ave #2
Sacramento, CA 95841
ACTIVE
CONDITION: FAIR
2Beds
1Baths
840Sq Ft
2,204Lot Size
Property Price
LIST PRICE$179,000
EST. MARKET VALUE
$184,116
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $189,000—positioned well below the $188,431 Fair Market Value (priced at market). While the property carries a Fair Condition Rating and requires cosmetic updates, the functional two-story layout provides a solid foundation for value-add renovations. Located near major commuter routes and schools, this asset offers a rare entry-level price point in the Sacramento market. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through sweat equity.
Estimated Market Value
$184,116
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5642 Madison Ave #2 Subject 2 bd · 1 ba · 840 sqft · $219 | $179,000* List Price | 2 | 1 | 840 | $219 | - |
A 5181 Connecticut Drive 4 Sold 2 bd · 1 ba · 924 sqft · $222 · 0.1 mi | $205,000 | 2 | 1 | 924 | $222 | 0.1 mi |
B 5122 Rhode Island Drive 3 Sold 2 bd · 1 ba · 840 sqft · $264 · 0.0 mi | $222,000 | 2 | 1 | 840 | $264 | 0.0 mi |
C 5153 Connecticut Drive 3 Sold 2 bd · 1 ba · 840 sqft · $238 · 0.2 mi | $200,000 | 2 | 1 | 840 | $238 | 0.2 mi |
D 5160 Connecticut Drive 4 Sold 2 bd · 1 ba · 924 sqft · $249 · 0.2 mi | $230,000 | 2 | 1 | 924 | $249 | 0.2 mi |
E 5820 Shadow Creek Drive 3 Sold 2 bd · 2 ba · 880 sqft · $256 · 0.3 mi | $225,000 | 2 | 2 | 880 | $256 | 0.3 mi |
F 5122 Rhode Island Drive 3 Active 2 bd · 1 ba · 840 sqft · $262 · 0.0 mi | $220,000 List Price | 2 | 1 | 840 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1969, this 55-year-old condo is dated but functional. Images show worn carpeting, dated bathroom tiling, and visible ceiling cracks in the living area. While move-in ready, it requires cosmetic updates and minor repairs to the kitchen, baths, and surfaces to meet modern standards, fitting the 'Fair' criteria for properties over 20 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $189,000, this condo offers a rare entry-level price point in the Sacramento market, making it an ideal opportunity for first-time buyers or budget-conscious investors.
- Functional Two-Story Layout
The two-story floor plan effectively separates the living and sleeping quarters, providing better privacy and a more organized living environment than typical single-level units.
- Strategic Commuter Location
The property is conveniently situated near major commuter routes, public transportation, and essential shopping, ensuring high demand for both owners and future tenants.
CONSRISKS & DEFICIENCIES
- Required Renovation
The property requires updating and personal touches to reach its full potential, which will necessitate additional upfront capital and effort from the buyer.
- High Monthly HOA Fees
A monthly association fee of $363 represents a significant recurring expense relative to the purchase price, impacting the overall monthly carrying costs.
About 5642 Madison Ave #2
Welcome to 5642 Madison Ave #2! This 2-bedroom, 1-bath condo offers a great opportunity for a first-time homebuyer, investor, or anyone looking to add their personal touches and make it their own. The two-story floor plan provides a comfortable separation between the living and sleeping areas, with a functional layout and plenty of potential. Conveniently located near shopping, restaurants, schools, public transportation, and major commuter routes, making everyday errands and travel easy. With a little updating, this property could really shine. Don't miss the opportunity to own an affordable home in a convenient Sacramento location!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- 2,204 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $363 / Month
Neighborhood Insights
Sacramento Unified Schools
Cameron Ranch Elementary School
Grades K-5 • 1.2 mi
2/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 1.8 mi
7/10
Winston Churchill Middle School
Grades 6-8 • 2.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 840 | 1,038.082 |
| Lot Size | 2,204 | 1,678.212 |
| Price | $179.0K | $276.4K |
| Price per sq ft | $213 | $270 |
| Built year | 1969 | 1984 |
| HOA | $363 | $420 |
| Days on market | 58 | 62 |
Pricing History
Listed for Sale
Oct 10, 2026
$179,000
$189,000
-5% Price Drop
Initial Listing
Price Change
Aug 30, 2026
$189,000
Initial Listing
Sold
Nov 27, 2018
$152,000
Public Record
Sold
Sep 17, 2012
$25,000
Public Record
Sold
Aug 16, 2010
$43,000
Public Record
Sold
Mar 7, 2003
$105,000
Public Record