
Sacramento, CA 95838
Analysis of 87 Olmstead, Sacramento, CA 95838 is currently available with a list price of $425,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1962 (>50 years old), but the presence of vinyl replacement windows and an 'open concept' kitchen mentioned in the description suggests a renovation occurred within the last 15-30 years. While functional and currently active as a rental/income property, the exterior shows signs of age and the interior likely requires cosmetic updates and system inspections to address its 60+ year age.
As a duplex featuring a reverse unit, this property offers excellent versatility for rental income or multigenerational living, making it a strong choice for investors or owner-occupants.
The interior boasts vaulted ceilings and an open-concept kitchen, providing a spacious and modern feel that distinguishes it from typical 1960s-era multi-family builds.
Situated on a desirable corner lot with a spacious backyard, the property offers enhanced privacy, better curb appeal, and ample outdoor space for tenants or residents.
The local elementary and middle schools have very low performance ratings (2/10 and 1/10), which may deter families and negatively impact long-term property appreciation.
Built in 1962, the property may require significant capital expenditures for updates to major systems like plumbing, electrical, or roofing to meet modern standards.
This former model duplex, unique in its own right, is now available for new ownership. Situated on a desirable corner lot, the property features vaulted ceilings, convenient first floor living, and an open concept kitchen that overlooks the living room with views of a spacious backyard. The reverse unit offers an excellent opportunity for rental income or multigenerational living, making this property both versatile and inviting.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 33% |
| Baths | 0.0 | 2.0 | 33% |
| Square foot | 2,024 | 2,024 | 50% |
| Lot Size | 7,841 | 5,663 | 67% |
| Price | $425.0K | $630.0K | 33% |
| Price per sq ft | $210 | $311 | 33% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 169 | 33% |
May 7, 2026
$425,000
Initial Listing