6616 Doreen Way, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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Sacramento, CA 95823
This Value-Add Residential Asset is listed at $399,900, serving as an accessible entry point into the Sacramento market despite the $306,559 Fair Market Value. Marketed as a "blank canvas," the property carries a Condition Rating of 5, indicating the need for substantial rehabilitation and infrastructure modernization. The 3-bedroom, 2-bathroom layout and 6,534 sqft lot provide a solid foundation for forced appreciation through cosmetic and system upgrades. With no HOA fees and proximity to local transit, this is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6616 Doreen Way Subject | $399,900* List Price | 3 | 2 | 1,114 | $275 | - |
A 5213 Sitton Way Sold | $375,000 | 3 | 2 | 1,032 | $363 | 0.4 mi |
B 6717 52nd Street Sold | $380,000 | 3 | 2 | 1,305 | $291 | 0.3 mi |
C 5705 Manmar Way Sold | $355,000 | 4 | 2 | 1,248 | $284 | 0.6 mi |
D 4304 Greenwich Circle Sold | $420,000 | 3 | 2 | 1,462 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, this property is marketed as an 'opportunity' and a 'blank canvas,' which are industry terms for a home requiring substantial rehabilitation. The listing analysis confirms dated infrastructure and the need for immediate capital expenditure for system upgrades and cosmetic modernization. Without evidence of recent renovations, the home likely features original or significantly aged kitchen and bathroom fixtures that do not meet modern quality standards.
Priced under $400,000, this 3-bedroom, 2-bathroom home offers a highly accessible entry point into the Sacramento market for first-time buyers or investors.
Marketed as a blank canvas, the property provides a significant opportunity for sweat equity, allowing owners to modernize the space and increase its market value.
The absence of a homeowner association ensures lower monthly carrying costs and greater freedom for the owner to customize the property without restrictive covenants.
The assigned middle and high schools carry low performance ratings, which may be a deterrent for families prioritizing educational infrastructure and could impact future appreciation.
Built in 1960 and described as an 'opportunity,' the home likely requires immediate capital expenditure for cosmetic updates and potential system upgrades to meet modern standards.
Opportunity Knocks. Time to answer. This home awaits the right family to make it their own. Whether first time buyer or family looking to upgrade. Do not miss out.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,114 | 1,406 | 16% |
| Lot Size | 6,534 | 6,534 | 50% |
| Price | $399.9K | $429.4K | 27% |
| Price per sq ft | $359 | $310 | 80% |
| Built year | 1960 | 1980 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 187 | 1% |
Feb 27, 2026
$399,900
Initial Listing
Dec 19, 2019
$275,000
Public Record