916 Dornajo Way, Sacramento, CA 95825, Sacramento, 95825 - 8 bed, 0 bath
Loading property details...
Sacramento, CA 95825
This Northrup Estates fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $930,000, which aligns closely with the $918,100 Fair Market Value. Featuring a Condition Rating of 3, this turnkey asset offers immediate stability with fully occupied units and modern individual mini-split HVAC systems. The high-demand 2-bedroom, 1-bath unit mix ensures consistent rental performance in a competitive market. This property is a stable, income-generating asset ideal for Buy-and-Hold Investors or Portfolio Diversifiers seeking a low-maintenance, cash-flowing multifamily acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 916 Dornajo Way Subject | $930,000* List Price | 8 | 0 | 3,512 | $261 | - |
A 905 Carro Drive Sold | $800,000 | 8 | 0 | 3,513 | $228 | 0.0 mi |
B 922 Carro Drive Sold | $740,950 | 8 | 4 | 3,200 | $232 | 0.1 mi |
C 831 Cathedral Court Active | $799,000 List Price | 8 | 5 | 3,600 | $222 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features significant recent interior updates including modern LVP flooring, recessed lighting, and updated vanities. The installation of individual mini-split HVAC systems is a high-value modern upgrade for a 1963 building. While some vintage elements like the pink bathroom tile remain, the units are well-maintained and move-in ready.
Each unit is equipped with individual mini-split heating and A/C systems, a rare and highly desirable feature for 1960s multi-family properties that enhances tenant comfort and reduces owner maintenance overhead.
The property is fully occupied with tenants paying near-market rents, providing immediate cash flow and a stable investment opportunity without the need for initial renovations or lease-up periods.
The fourplex consists entirely of 2-bedroom, 1-bathroom units, which are highly sought after by renters in the Sacramento market, typically ensuring lower vacancy rates and strong long-term demand.
Built in 1963, the property may have aging underlying systems such as plumbing or electrical that could require future capital expenditure despite recent cosmetic and HVAC improvements.
Given the significant price increase from its previous sale in early 2024, the current list price of $930,000 may offer a tighter capitalization rate for new investors compared to recent historical neighborhood averages.
Welcome to this well-maintained Northrup Estates fourplex, featuring four cozy 2-bedroom, 1-bath units. Each unit has been tastefully remodeled with modern finishes and equipped with its own mini-split heating & A/C system a rare and highly desirable feature for multifamily properties. All tenants are currently paying on time, and rental amounts are near market value, providing strong and stable income potential. This low-maintenance fourplex presents a prime opportunity for investors looking to expand their real estate portfolio with a turnkey asset.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 8.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,512 | 3,356 | 50% |
| Lot Size | 7,203 | 7,256.5 | 50% |
| Price | $930.0K | $770.5K | 75% |
| Price per sq ft | $265 | $239 | 75% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 172 | 25% |
May 29, 2026
$930,000
Initial Listing
Feb 1, 2024
$780,000
Public Record
Feb 16, 2017
$164,000
Public Record
Aug 1, 2011
$160,000
Public Record
Dec 19, 1995
$150,000
Public Record