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Rosemont Fourplex Investment Opportunity

2840 Norcade Cir Sacramento, CA 95826

Claim this Listing
Pending
$750,000

MULTI_FAMILY - Sacramento, CA

Property size:
3,738 SF
Lot size:
0.18 Acres
Added:
Mar 25, 2026
Days on Market:
110
Last Refresh:
Jul 12 at 11:06 am

Property Features for 2840 Norcade Cir

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
7
Rooms
Bathroom 1, Bedroom 7, Bathroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 3, Bathroom 4, Laundry Room, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 2
Parking features
On Street
Interior features
Tub w/Shower Over
Exterior features
Front Yard
Appliances
Gas Water Heater
Standard status
Pending
APN
0750161018000
Size
3,738 SF
Lot size
0.18 Acres

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
1969
Number of units
4
Flooring type
Laminate, Carpet
Building materials
Brick, Composition Shingles, Stone
Roof type
Composition

Listing agent Carl Medford License #01320438

Listing office KW Advisors 39465 Paseo Padre Pkwy #1500, Fremont, CA

Listing date Mar 25, 2026

MLS# 41128465 Listing URL

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the Rosemont neighborhood, this fourplex presents an opportunity for investors looking to expand into Sacramento's rental market. The property is situated minutes from major commuter routes, including CA-50, providing access to downtown Sacramento. The neighborhood features walkable streets and proximity to conveniences, including shopping and dining at Rosemont Plaza. Outdoor recreational opportunities are available, with Oki and Rosemont Community Parks offering walking trails. Proximity to American River College and Cal State Sacramento broadens the tenant pool. The Rosemont area is appreciated for its community, accessibility, and proximity to employment hubs throughout the greater region. The property is approximately 15 minutes from downtown Sacramento. The property size is 3738 square feet and the lot size is 0.1786 acres.

Key Highlights

  • 4‑plex built in 1969 with brick, composition shingle, and stone exterior construction
  • Central air and forced‑air natural gas heating, plus a gas water heater
  • Composition roof and a mix of laminate and carpet flooring

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $96.4k $25.80
− Vacancy −$5.3k −$1.42
EGI $91.1k $24.38
− OpEx −$27.3k −$7.31
NOI $63.8k $17.07
3,738 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$911.4K
$797.4K – $1.06M (±1% cap)
NOI $63,795 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$838.8K
$734.0K – $978.6K (±1% cap)
NOI $58,717 @ 7.0% cap · market cap 7.83%
Theoretical Best
Specialty Retail
$1.00M
$878.9K – $1.17M (±1% cap)
NOI $70,312 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Hair Salon Parking Lot & Garage Pharmacy Grocery & Convenience Store Bakery Skin Care Clinic Restaurant (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fourplex in desirable Rosemont neighborhood, Sacramento. Close to amenities.
Where is this quadplex located?
The property is located at 2840 Norcade Cir Sacramento, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4‑plex built in 1969 with brick, composition shingle, and stone exterior construction; Central air and forced‑air natural gas heating, plus a gas water heater; Composition roof and a mix of laminate and carpet flooring
Contact an agent
More about this property
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