
Sacramento, CA 95825
This Multi-Unit Residential Income Asset is listed at $834,000, offering a stabilized investment opportunity in the high-demand Arden area. While the $747,475 Fair Market Value reflects current market trends, the property’s Condition Rating of 4 and Recent Capital Improvements—including Updated Decks, stairs, and Granite Kitchens—provide immediate functional value. Featuring Shared Attached Garages and a gated community yard, the property is positioned near Swanston Park and Cal State Sacramento to ensure consistent tenant demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 831 Cathedral Court Subject | $834,000* List Price | 8 | 5 | 3,600 | $208 | - |
A 905 Carro Drive Sold | $800,000 | 8 | 0 | 3,513 | $228 | 0.1 mi |
B 922 Carro Drive Sold | $740,950 | 8 | 4 | 3,200 | $232 | 0.1 mi |
C 785 Carro Drive Active | $835,000 List Price | 8 | 5 | 3,736 | $224 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this fourplex is a well-maintained but aged property with inconsistent updates. While the photographed unit features a modernized kitchen with granite countertops and stainless steel appliances, the exterior stucco, older aluminum windows, and varying unit conditions described in the listing indicate the property requires further modernization to meet current market standards across all units.
Situated in the desirable Arden area near Swanston Park, Arden Fair Mall, and Cal State Sacramento, the property is perfectly positioned to attract a steady stream of tenants and maintain high occupancy.
The property features essential structural updates including renovated decks and stairs, along with interior upgrades like granite countertops and newer cabinetry in select units, reducing immediate capital expenditure.
Equipped with a gated community yard, on-site laundry facilities, and shared attached garages, these functional amenities provide a competitive edge in the local rental market and enhance tenant retention.
With updates varying significantly across the four units, a new investor may need to allocate additional capital to modernize the remaining units to achieve uniform market rents.
Built in 1964, the property's age may necessitate more frequent maintenance or future upgrades to aging mechanical, plumbing, and electrical systems compared to newer residential income properties.
Improved Price Prime 4-Unit Investment located on a court in established Northrup Estates. 831 Cathedral Ct presents a compelling opportunity for the experienced investor seeking stable cash flow with value-add potential. This well-located fourplex offers a desirable unit mix supported by functional amenities including shared attached garages, a community laundry room, and a gated common yard, features that consistently appeal to long-term tenants. Interior upgrades vary per unit. In some of the units improvements include updates such as cabinetry, granite countertops, and newer appliances and ceiling fans. Exterior enhancementsinclude updated decking. From a location standpoint, this asset checks key investment boxes. Situated in the high-demand Arden-Arcade area, the property benefits from the proximity to major employment and lifestyle hubs. Tenants enjoy easy access to Swanston Park, Arden Fair Mall, and a wide range of dining and retail options. The property is also minutes from the American River and near California State University. Sacramento has a consistent tenant pool of students, professionals, and families alike. Commuter appeal is strong with quick access to major freeway corridors, placing Downtown Sacramento and surrounding employment centers within easy reach. This central location enhances long-term rental demand and minimizes vacancy risk. Whether you're looking to stabilize and hold or further reposition for increased rents, this property offers the fundamentals seasoned investors look for: location, functionality, and upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 8.0 | 50% |
| Baths | 5.0 | 2.0 | 75% |
| Square foot | 3,600 | 3,356.5 | 75% |
| Lot Size | 8,329 | 7,580 | 75% |
| Price | $834.0K | $770.5K | 75% |
| Price per sq ft | $232 | $232 | 50% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 127 | 25% |
Mar 27, 2026
$834,000
$849,000
-2% Price Drop
Initial Listing
Feb 27, 2026
$849,000
Initial Listing
Nov 4, 2013
$330,000
Public Record