
Carmichael, CA 95608
This Residential Income Duplex presents a Strong Value Opportunity, listed at $575,000—positioned well below the $628,793 Fair Market Value by 8%. This valuation gap offers $53,793 in Instant Equity. Featuring a Condition Rating of 3, the property includes significant capital improvements like new Milgard windows and newer HVAC units. Its unique configuration—one vacant unit and one long-term tenant—is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6221 Casita Avenue Subject | $559,000* List Price | 4 | 2 | 800 | $780 | - |
A 3535 Sue Pam Drive Sold | $497,000 | 4 | 2 | 600 | $828 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with key system updates including a newer roof, newer HVAC units, and new dual-pane windows. While the kitchens and bathrooms are functional and clean, they are cosmetically dated and feature older cabinetry and finishes.
The property features significant recent upgrades including a newer roof, HVAC units, and Milgard dual-pane windows, significantly reducing immediate capital expenditure for a new owner.
With one unit vacant and move-in ready and the other occupied by long-term tenants, the property appeals to both traditional investors and owner-occupants looking to offset their mortgage.
Located on a quiet, tree-lined street as the only duplex on the block, the property offers a unique sense of privacy and a residential feel rarely found in multi-family investments.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 1584.
At approximately 800 total square feet, the individual units are relatively small for two-bedroom configurations, which may limit rental premium potential.
Each unit features only one bathroom, which can be a drawback for modern tenants or families compared to newer builds with multiple bathrooms.
Rare investment opportunity in the heart of Carmichael! Located on a quiet, tree-lined street, this well-maintained duplex is the only duplex on the block! Each unit offers 2 bedrooms, 1 bathroom with luxury vinyl plank flooring, open kitchen, nice landscaping and 1 car garage! Major updates include new milguard dual-pane windows, newer roof, floors, & paint. One unit is vacant and move-in ready, perfect for an owner-occupant looking to offset their mortgage OR an investor seeking immediate rental income, while the second unit is occupied by long-term tenants in good standing! The sellers have taken excellent care of this property & it shows! A turnkey income property in a such a great location does not last long, so come see this one TODAY!
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 | 800 | - |
| Lot Size | 6,534 | - |
| Price | $559.0K | $967.5K |
| Price per sq ft | $699 | $397 |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 30 |
Jul 11, 2026
$559,000
$575,000
-3% Price Drop
Initial Listing
Jun 18, 2026
$575,000
Initial Listing
Dec 13, 2017
$380,000
Public Record