5-Unit Multifamily in Old North Sacramento. 12% Cap Rate - a front single-family home plus a rear alley-facing 4-plex on a 0.15-acre lot, 3,276 rentable square feet total. Two buildings, open parking front and back, and two units with bonus office space. Four of five units occupied with real in-place income and clear upside to market rents.
Property Highlights
5 units across two buildings - front house + rear 4-plex
3,276 rentable sq ft · 0.15-acre lot · built 1920
Open parking in front and rear
Two units include bonus office space
4 of 5 units occupied
Unit Mix
Front house: 3 bd / 1 ba single-family home facing Dixieanne Ave
Rear 4-plex: studio
Rear 4-plex: 2 bd / 1 ba with office
Rear 4-plex: 1 bd / 1 ba with office
Rear 4-plex: 1 bd / 1 ba
Income
In-place rent: $3,950/month (4 occupied units)
NOI as-is: $25,322
Pro forma rent at market: $7,315/month
Pro forma NOI: $63,885
Deal Terms
Asking: $530,000 ($106,000 per door)
Earnest money: $10,000
Title/escrow: Fidelity National Title
Close: December 2, 2026
Buyer to conduct all due diligence.
More About This Property
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ARV $900,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $545,000.