Rancho Cordova Duplex Investment
10550 Mills Tower Drive Rancho, Rancho Cordova, CA 95670
For Sale
$547,500
Single-story duplex in prime location with tenant occupied units.
Property Size1,844 SF
Price / SF$296.91
Days on Market446
Property Features for 10550 Mills Tower Drive Rancho
General Information
Standard status
Size
Property subtype
Amenities
Central
Gas
Dishwasher
Microwave
Disposal
Electric Cook Top
Cable Available, Cable Connected, City, Sewer In & Connected, Electric, Internet Available, Natural Gas Connected, Composition
Building Details
Building Size
Year Built
Stories
Listing Agency:
Redfin Corporation
Listed By:
Mark Morris
(916) 836-7656
Source:
Kw
Added: Aug 26, 2025
Changed: Nov 12
Last Checked: Jul 15 at 9:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin Corporation
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Investment Insights
Based on property information with market context.
This single-story duplex, located at 10548-10550 Mills Tower Drive in Rancho Cordova, presents an investment opportunity. Each of the two units features 2 bedrooms and 1 bathroom, with each side offering 922 sq ft, totaling 1,844 sq ft. The property is ideally suited for investors or owner-occupants seeking rental income. Both units are currently tenant-occupied. Each unit includes a one-car garage, updated countertops, and updated bathrooms. The interiors benefit from natural light, and each unit has a private backyard. The property is located within walking distance to the light rail and near shopping, dining, and freeway access.
Key Highlights
- Prime Rancho Cordova location: Walking distance to light rail, minutes from shopping, dining, and freeway access.
- Turnkey investment opportunity: Both units are tenant‑occupied providing immediate rental income.
- Two units, each with 2 bedrooms and 1 bathroom, totaling 1,844 sq ft, suitable for rental income or multi‑generational living.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,805
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,100
$536.1K
Cap Rate 7%
$382,929
$382.9K
Cap Rate 9%
$297,833
$297.8K
Market Conditions
NOI Build-Up for 1,844 SF
Gross rent
$40.9K $22.20/SF
− Vacancy
−$2.6K −$1.43/SF
EGI
$38.3K $20.77/SF
− OpEx
−$11.5K −$6.23/SF
NOI
$26.8K $14.54/SF
Area
Sacramento County, CA
Vacancy
6.46%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,100
Cap Rate 7%
$382,929
Cap Rate 9%
$297,833
Alternative Uses
Best Use
Multifamily LT 5
$382.9K
$335.1K – $446.8K
NOI $26,805 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$351.6K
$307.7K – $410.2K
NOI $24,614 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$491.2K
$429.8K – $573.1K
NOI $34,387 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
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Business Placement
Demographics for 95670, CA
57,988
Population
22,779
Households
2.5
Avg Household Size
38
Median Age
32%
College-Educated
89%
High-School Grad
12.9 sq mi
ZIP Area
4,495
Density / Sq Mi
$90,414
Median Household Income
$47,271
Median Earnings
$1,693
Median Rent
$463,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Sacramento County, CA
Properties on Market for Duplexes in Sacramento County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Single-story duplex in prime location with tenant occupied units.
Where is this duplex located?
The property is located at 10550 Mills Tower Drive Rancho Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $547,500.
What are key features of this property?
This property features: Prime Rancho Cordova location: Walking distance to light rail, minutes from shopping, dining, and freeway access.; Turnkey investment opportunity: Both units are tenant‑occupied providing immediate rental income.; Two units, each with 2 bedrooms and 1 bathroom, totaling 1,844 sq ft, suitable for rental income or multi‑generational living.
