5935 Denver Drive, Carmichael, CA 95608, Carmichael, 95608 - 5 bed, 4 bath
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Carmichael, CA 95608
This Remodeled Multi-Family Duplex is listed at $799,000, reflecting a strategic premium over the $702,657 Fair Market Value due to its rare 18,731 sqft lot. Boasting a Condition Rating of 3, the property features a modernized main unit upgraded with modern white shaker cabinetry, stone countertops, and luxury vinyl plank flooring. The expansive grounds provide Significant Development Potential for ADU additions or future expansion, complemented by a private patio and leased solar. This versatile asset is perfectly suited for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5935 Denver Drive Subject | $799,000* List Price | 5 | 4 | 2,317 | $303 | - |
A 5928 Bourbon Drive Sold | $675,000 | 5 | 4 | 2,452 | $275 | 0.4 mi |
B 5932 Bourbon Drive Sold | $646,000 | 4 | 3 | 2,118 | $305 | 0.4 mi |
C 6001 Bourbon Drive Sold | $640,000 | 4 | 3 | 2,047 | $313 | 0.4 mi |
D 5908 Bourbon Drive Active | $640,000 List Price | 4 | 0 | 2,118 | $302 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1984 duplex is move-in ready and features a recently remodeled main unit with modern white shaker cabinetry, stone countertops, and updated luxury vinyl plank flooring. While the interior has been thoughtfully upgraded with contemporary finishes and neutral paint, the property retains some older elements such as standard white appliances and basic bathroom fixtures. The exterior and large lot show some signs of age and minor deferred maintenance in the landscaping, placing it firmly in the 'good' category rather than 'excellent'.
Situated on a nearly half-acre lot (18,731 sqft), the property offers rare and expansive space for potential ADU additions, unit expansion, or future redevelopment.
The larger unit has been recently and beautifully remodeled with contemporary upgrades, providing a turnkey living experience and high rental appeal.
The duplex configuration allows for flexible use cases, including high-yield rental income, multi-generational living, or owner-occupancy with a mortgage-offsetting tenant.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The solar system on the larger unit is leased rather than owned, which may complicate the financing process and requires the buyer to assume ongoing lease payments.
With 79 days on the market and a recent $50,000 price reduction, the property is experiencing slower-than-average absorption, which may impact future resale perception.
Welcome to 5935-5937 Denver Drive in Carmichael, a rare opportunity to own a beautifully remodeled duplex on nearly half an acre! This expansive 4-bedroom, 4.5-bath multi-family property offers 2,317 square feet of updated living space and exceptional flexibility for both owner-occupants and investors. The larger unit was recently beautifully remodeled and thoughtfully upgraded, each unit features generous layouts and modern finishes. The oversized lot presents outstanding potential for expansion, additional units, or future redevelopment (buyer to verify), making this a truly unique offering in a prime Carmichael location. An ideal blend of immediate income, long-term upside, and lifestyle appeal. Solar is leased to large unit. Will provide details upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 56% |
| Baths | 4.0 | 3.0 | 67% |
| Square foot | 2,317 | 2,118 | 56% |
| Lot Size | 18,731 | 8,276 | 89% |
| Price | $799.0K | $646.0K | 78% |
| Price per sq ft | $345 | $313 | 67% |
| Built year | 1984 | 1977 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 94 | 33% |
Feb 4, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Jan 27, 2026
$849,000
Initial Listing
Jun 14, 2024
$730,000
Public Record
Aug 23, 2010
$275,000
Public Record
Jul 14, 1999
$208,000
Public Record