6797 Frates Way, Sacramento, CA 95831, Sacramento, 95831 - 4 bed, 4 bath
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Sacramento, CA 95831
This Turnkey Multi-Family Asset is a High-Potential Investment Opportunity listed at $849,000—positioned well below the $957,978 Fair Market Value by 11%. This valuation gap secures $108,978 in Instant Equity. Boasting a Condition Rating of 2, the property features a new 2025 roof, luxury vinyl flooring, and a private patio. Located near the top-rated Genevieve Didion School, this duplex offers immediate market-rate potential. It is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stabilized, high-quality asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6797 Frates Way Subject | $839,000* List Price | 4 | 4 | 2,210 | $380 | - |
A 2 Ebbtide Court Sold | $839,000 | 4 | 4 | 1,720 | $488 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive top-to-bottom renovation within the last year, including a brand-new roof (2025), luxury vinyl plank flooring, and fresh interior/exterior paint. Both units feature modern kitchens with updated cabinetry and countertops, along with tastefully remodeled bathrooms featuring contemporary fixtures and finishes. It is in turnkey condition with no visible deferred maintenance, meeting the criteria for a recently renovated property.
The property features a brand-new roof (2025), updated kitchens with modern cabinetry, and luxury vinyl flooring throughout, offering immediate move-in readiness with minimal deferred maintenance.
Located in the highly sought-after Greenhaven/Pocket neighborhood, the rare vacancy of both units allows for immediate market-rate leasing or an ideal owner-user setup.
Each unit provides a functional 2-bedroom, 2-bathroom layout, which is highly attractive to tenants and provides a competitive edge over standard 2-bed, 1-bath duplexes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2210, other record living area = 2110.
The property was recently sold within the past year on 2025-10-20. The sold price is $565,000.00. The property was recently sold within the past year on 2025-09-25. The sold price is $453,000.00.
While the interior and roof are updated, the 1973 construction means original underlying systems like plumbing or electrical may eventually require attention.
Exceptional opportunity to own this beautifully renovated corner duplex in the highly desirable Greenhaven/Pocket neighborhood. The property features a brand new roof (11/2025) and newer gutters. Each unit has been updated with modern cabinets and countertops. Bathrooms have been tastefully renovated, luxury vinyl flooring throughout, fresh interior and exterior paint and stylish finishes. Both units offer 2 spacious bedrooms and 2 full baths. This property is ideal for an owner-occupant or investor seeking flexibility. Vacant duplexes in this prime location are rare, especially with close proximity to the Sacramento River, parks, local dining, and just minutes from downtown Sacramento. Don't miss out on this opportunity-schedule your showing today!
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,210 | 1,925 | 67% |
| Lot Size | 7,841 | 10,019 | 33% |
| Price | $839.0K | $839.0K | 50% |
| Price per sq ft | $380 | $418 | 33% |
| Built year | 1973 | 1973 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 199 | 33% |
May 30, 2026
$839,000
$849,000
-1% Price Drop
Initial Listing
Mar 27, 2026
$849,000
Initial Listing
Oct 20, 2025
$565,000
Public Record
Sep 25, 2025
$453,000
Public Record