
Folsom, CA 95630
This Multigenerational Income Property represents a High-Potential Investment Opportunity, listed at $949,900. While the list price exceeds the estimated market value, the property offers significant long-term upside through its 14,000 sqft lot and Detached ADU. Featuring a Condition Rating of 3, the main residence includes an Updated Kitchen and Dual-Pane Windows. The combination of a primary home and secondary unit provides a versatile Asset for rental income or extended family. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a Historic Folsom location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 711 Sibley Street Subject | $899,000* List Price | 3 | 2 | 1,602 | $488 | - |
A 100 Castro Court Pending | $799,000 List Price | 4 | 3 | 1,920 | $416 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1955, the property has undergone significant renovations including an updated kitchen, modern laminate flooring, recessed lighting, and dual-pane windows. The bathroom features a contemporary vanity and the overall condition is well-maintained and move-in ready, supplemented by a functional detached ADU.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14000, living area = 1602.
The property features two separate residences on a single lot, including a 1,600 sqft main home and a 700 sqft detached ADU, offering excellent versatility for rental income or extended family living.
Situated in the heart of Historic Folsom, the home offers exceptional walkability to Sutter Street’s dining and shopping, as well as immediate access to the American River and Johnny Cash Trail.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1602, other record living area = 2150. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Originally built in 1955, the property may require ongoing maintenance or updates to older mechanical systems typical of mid-century homes, despite recent cosmetic improvements to the kitchen and flooring.
At a list price near $950,000, the property represents a significant investment for the age of the structures, which may deter buyers looking for the modern amenities and energy efficiency of newer builds.
Charming TWO HOMES ON A DOUBLE LOT in the heart of Historic Folsom! This rare and versatile property offers endless possibilities for homeowners, investors, or multigenerational living. Situated on an oversized lot with potential to split, this is a unique opportunity to own a piece of one of Folsom's most sought-after neighborhoods. The main residence offers approximately 1,600 square feet with 3 bedrooms and 2 bathrooms, featuring an updated kitchen, laminate flooring, recessed lighting, dual-pane windows, a partial basement for additional storage and an inviting living room filled with natural light. The detached ADU offers approximately 700 square feet and includes 1 bedroom, 1 bathroom, a living room and kitchen, making it ideal for rental income, extended family, guests, or a private home office. Living in Historic Folsom means embracing a lifestyle where walkability, outdoor recreation and small-town charm come together. Just minutes from Historic Sutter Street, you'll enjoy an abundance of local restaurants, boutique shopping, community events and entertainment. Outdoor enthusiasts will appreciate the close proximity to the American River, Johnny Cash Trail, Folsom Lake and miles of scenic biking and walking trails. Whether you're searching for a property with income potential, flexible living arrangements, or future development opportunities, this exceptional Historic Folsom property offers a rare combination of location, character and versatility that is hard to find. Don't miss your chance to own this unique Historic Folsom gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,602 | - |
| Lot Size | 14,000 | - |
| Price | $899.0K | $777.5K |
| Price per sq ft | $561 | $378 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 50 | 39 |
Jul 12, 2026
$899,000
$949,900
-5% Price Drop
Initial Listing
Jun 2, 2026
$949,900
Initial Listing