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Well-Maintained Fourplex
New
For Sale
$999,999

3718 45Th Ave, Sacramento, CA 95824

MULTI_FAMILY - Sacramento, CA

Property Size2,585 SF
Lot Size0.17 Acres
Price / SF$386.85
Days on Market5

Property Features for 3718 45Th Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 2, Bathroom 7, Bathroom 2, Bedroom 6, Bathroom 6, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 4, Bathroom 3
Parking features Assigned
Interior features Updated Baths, Updated Kitchen
Exterior features Back Yard
Appliances Dryer, Washer
Directions 99 - 47th Ave - Martin Luther King Jr Blvd.
Subdivision Listing
Standard status Active
APN 0370242012000
Size 2,585 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

gated assigned parking
shared coin-operated laundry
common outdoor space

Building Details

Year built 1961
Number of units 4
Listing Agency: Realty ONE Group Future
Listed By: Khang Nguyen
Added: Jul 29 Changed: Jul 30 Last Checked: Aug 2 at 3:06AM
MLS# 41143234

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.

This well-maintained fourplex provides four separate units with individually managed utilities, featuring separate PG&E and SMUD metering. The property includes gated assigned parking, a shared coin-operated laundry area, and common outdoor space. Renovations were completed in 2022, including a newer roof and updated water heaters, supporting day-to-day readiness.

One unit is currently vacant, offering immediate occupancy or the ability to lease upon placement. The property is located near shopping, schools, and public transportation, with quick access to Highway 99 and an easy commute to Downtown Sacramento.

The asset is offered for sale as a four-unit multifamily investment, situated on a compact lot and presented in renovated condition.

Key Highlights

  • Well‑maintained fourplex, built in 1961, with one vacant unit ready for immediate occupancy or lease
  • Renovated in 2022 with newer roof and newer water heaters
  • Separately metered PG&E and SMUD

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 $66.7k $25.80
− Vacancy −$3.7k −$1.42
EGI $63.0k $24.38
− OpEx −$18.9k −$7.31
NOI $44.1k $17.07
2,585 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$630.2K
$551.5K – $735.3K (±1% cap)
NOI $44,117 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$580.1K
$507.6K – $676.8K (±1% cap)
NOI $40,605 @ 7.0% cap · market cap 4.06%
Theoretical Best
Specialty Retail
$694.6K
$607.8K – $810.4K (±1% cap)
NOI $48,624 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ceramic and Clothing (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

Demographics for 95824, CA

31,524
Population
9,686
Households
3.3
Avg Household Size
33
Median Age
12%
College-Educated
69%
High-School Grad
4.0 sq mi
ZIP Area
7,881
Density / Sq Mi
$53,938
Median Household Income
$32,435
Median Earnings
$1,392
Median Rent
$322,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property with one vacant unit and renovations completed in 2022.
Where is this quadplex located?
The property is located at 3718 45Th Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Well‑maintained fourplex, built in 1961, with one vacant unit ready for immediate occupancy or lease; Renovated in 2022 with newer roof and newer water heaters; Separately metered PG&E and SMUD
More about this property
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