
Citrus Heights, CA 95610
This fourplex presents a High-Potential Investment Opportunity with a List Price of $860,000, positioned slightly above the $858,500 Fair Market Value. Featuring a Condition Rating of 3, the property offers immediate stability through two long-term tenants and significant upside via two vacant units ready for market-rate leasing. With a 3,576 sqft footprint and recent interior refreshes, this Quadruplex is a stable, income-producing asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to build long-term equity.
Property is move-in ready.
Although built in 1963, the property has undergone recent cosmetic refreshes (estimated <5-10 years) including new vinyl plank flooring, fresh paint, and updated fixtures. Kitchens are functional with a mix of newer stainless steel appliances and refreshed cabinetry. While some elements remain dated (popcorn ceilings, wall-mounted HVAC units), the units are well-maintained and move-in ready for tenants.
With two units currently vacant, an investor can immediately set market-rate rents, providing a rare opportunity to maximize cash flow and cap rate from day one.
Recent interior refreshes, including updated flooring, paint, and fixtures in select units, minimize the need for immediate capital expenditures and enhance tenant appeal.
The property's proximity to Sunrise Boulevard, major shopping centers, and commuter routes ensures consistent tenant demand and long-term occupancy stability.
Built in 1963, the property may eventually require significant investment in aging major systems such as plumbing, electrical, or roofing despite recent cosmetic updates.
The uniform 2-bedroom, 1-bath configuration across all four units limits the ability to attract different tenant demographics or offer varied price points within the asset.
Investor Opportunity in the Heart of Citrus Heights! This well-maintained fourplex at 7441 Tiara Way offers the ideal blend of immediate upside and long-term stability. Featuring four spacious 2-bedroom, 1-bath units of approximately 894 square feet each, the property has benefited from thoughtful updates and refreshes over the years, helping to attract and retain quality tenants. Recent improvements throughout select units include updated flooring, paint, fixtures, and other interior enhancements that minimize deferred maintenance and support strong rental demand. A standout feature of this investment is the current unit mix: two vacant units provide a rare opportunity for a new owner to immediately capture market rents and increase cash flow, while the remaining two units are occupied by long-term tenants who provide stable, reliable income from day one. This combination offers both security and value-add potential without the challenges of a fully tenant-occupied property. Conveniently located near Sunrise Boulevard, shopping, dining, parks, schools, and major commuter routes, the property benefits from a desirable rental location with consistent tenant demand. Whether you're a seasoned investor looking to expand your portfolio or an owner-occupant seeking supplemental income, this fourplex presents a compelling opportunity to build equity and maximize returns through rental growth. Don't miss your chance to acquire a versatile income-producing asset with built-in upside, stable tenancy, and immediate value-add potential in one of Citrus Heights' established residential neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,576 | - |
| Lot Size | 8,939 | - |
| Price | $860.0K | $638.8K |
| Price per sq ft | $240 | $297 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 41 |
Jun 25, 2026
$860,000
Initial Listing