87 N Olmstead Dr., Sacramento, CA 95838, Sacramento, 95838 - 4 bed, 2 bath
ACTIVE$575,000$2,400/sqft
87 N Olmstead Dr., Sacramento, CA 95838
4Beds
2Baths
2,400Sqft
7,841Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is explicitly listed as a 'Residential Income' type and a 'Duplex' sub-type, offering clear potential for rental revenue from two separate units.
Top Cons:
Property Age & System Updates: Built in 1962, the property is likely to have original or older systems (HVAC, plumbing, electrical) that may require significant capital investment for updates or repairs in the near future.
Compared to the nearby listings
Price:$575.0K vs avg $559.0K (+$16,000)50%
Size:2,400 sqft vs avg 926.5 sqft83%
Price/sqft:$240 vs avg $12050%
More Insights
Built in 1962 (64 years old).
Condition: Built in 1962, this property is over 60 years old. The listing explicitly notes 'Property Age & System Updates' as a weakness, indicating likely original or older systems (HVAC, plumbing, electrical) that will require significant capital investment for updates or repairs. Furthermore, 'Undisclosed Condition/Renovations' suggests a lack of recent upgrades, implying cosmetic and functional improvements are needed. Without any images to assess the current state of the kitchen, bathrooms, flooring, or other features, and given the age and stated weaknesses, it's highly probable the property requires substantial repairs and rehabilitation to meet modern standards and ensure functionality.
Year Built
1962
Close
-
List price
$575K
Original List price
-
Price/Sqft
$240
HOA
$0
Days on market
-
Sold On
-
MLS number
226006102
Home ConditionPoor
Features
View-
About this home
T
Tasha Dixon
Listing Agent
Condition Rating
Poor
Built in 1962, this property is over 60 years old. The listing explicitly notes 'Property Age & System Updates' as a weakness, indicating likely original or older systems (HVAC, plumbing, electrical) that will require significant capital investment for updates or repairs. Furthermore, 'Undisclosed Condition/Renovations' suggests a lack of recent upgrades, implying cosmetic and functional improvements are needed. Without any images to assess the current state of the kitchen, bathrooms, flooring, or other features, and given the age and stated weaknesses, it's highly probable the property requires substantial repairs and rehabilitation to meet modern standards and ensure functionality.
Pros & Cons
Pros
Income-Generating Duplex: The property is explicitly listed as a 'Residential Income' type and a 'Duplex' sub-type, offering clear potential for rental revenue from two separate units.
Spacious Layout: With 2400 sqft, 4 bedrooms, and 2 bathrooms, the property provides substantial living space, appealing to a broad tenant base or owner-occupants seeking ample room.
Generous Lot Size: A 7841 sqft lot offers ample outdoor space, potential for landscaping, gardening, or future property enhancements, adding value and appeal.
No Association Fees: The absence of association fees significantly reduces ongoing ownership costs, enhancing profitability for investors and lowering the financial burden for owner-occupants.
Established Sacramento Market: Located in Sacramento, a growing metropolitan area, which typically ensures consistent rental demand and potential for long-term property value appreciation.
Cons
Property Age & System Updates: Built in 1962, the property is likely to have original or older systems (HVAC, plumbing, electrical) that may require significant capital investment for updates or repairs in the near future.
Conflicting On-Market Date: The listed 'on_market_date' of 2026-01-14 for an 'Active' listing is contradictory and could indicate a data error or a pre-market status, creating uncertainty for potential buyers.
Undisclosed Condition/Renovations: The property details lack information on recent renovations or upgrades, suggesting it may require cosmetic and functional improvements to meet modern tenant expectations or maximize market value.