Building Details

Year Built 1955

Listing Agency: Cali Homes Show Phone

Listed By: Inspired Real Estate Group Inc Show Phone

Source: Inspiredrealestategroup

Added: Jul 29 Changed: Oct 13 Last Checked: Oct 12 at 7:15PM

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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 Cali Homes

Investment Insights

Based on property information with market context.

This duplex property includes two separate homes on an approximately 1/2-acre lot, with a listed property size of 1,040 square feet. The first residence offers two bedrooms and one bathroom, vinyl flooring, a kitchen with a stove, refrigerator, and granite countertops, plus a separate laundry room with a washer, dryer, and storage. The second home has one bedroom and one bathroom, refinished original hardwood floors in the living area and bedroom, a kitchen range, and a basement laundry area with washer, dryer, and storage.

Property maintenance is described as current, with electrical work completed and a new septic system serving unit 2. The site also provides parking for multiple cars, an RV, or a boat. Located on Ponderosa Way in Colfax, the property offers freeway access for commuters and was built in 1955.

Key Highlights

• Two homes on an approximately 1/2‑acre lot
• Unit 1: 2 bedrooms, 1 bath, vinyl flooring, granite counters, and separate laundry
• Unit 2: 1 bedroom, 1 bath, refinished original hardwood floors, and basement laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,557

Cap Rate

4.39%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$351,140 $351.1K

Cap Rate 7%

$250,814 $250.8K

Cap Rate 9%

$195,078 $195.1K

Market Conditions

NOI Build-Up for 1,040 SF

Gross rent

$26.5K $25.44/SF

− Vacancy

−$1.4K −$1.32/SF

EGI

$25.1K $24.12/SF

− OpEx

−$7.5K −$7.24/SF

NOI

$17.6K $16.88/SF

Area

Placer County, CA

Vacancy

5.20%

Lease Rate

$25.44 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$351,140

Cap Rate 7%

$250,814

Cap Rate 9%

$195,078

Alternative Uses

Best Use

Multifamily LT 5

$250.8K

$219.5K – $292.6K (±1% cap)

NOI $17,557 @ 7.0% cap · market cap 4.39%

Second Best

Apartment 5plus

$228.9K

$200.3K – $267.0K (±1% cap)

NOI $16,022 @ 7.0% cap · market cap 4.01%

Theoretical Best

Office A

$402.6K

$352.3K – $469.7K (±1% cap)

NOI $28,183 @ 7.0% cap · market cap 7.05%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Parking Lot & Garage Kitchen & Bath Showroom Real Estate Agency HVAC Service

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

2

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

109

Businesses Nearby

Explore this area Business Placement

Demographics for 95713, CA

9,156

Population

4,164

Households

2.2

Avg Household Size

48

Median Age

28%

College-Educated

93%

High-School Grad

60.8 sq mi

ZIP Area

151

Density / Sq Mi

$91,329

Median Household Income

$47,179

Median Earnings

$1,520

Median Rent

$480,200

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two homes include updated finishes, dedicated laundry areas, and parking for multiple vehicles, RVs, or boats.

Where is this duplex located?

The property is located at 115 Ponderosa Way Colfax, CA.

What is the asking price?

The asking price for this property is $399,995.

What are key features of this property?

This property features: Two homes on an approximately 1/2‑acre lot; Unit 1: 2 bedrooms, 1 bath, vinyl flooring, granite counters, and separate laundry; Unit 2: 1 bedroom, 1 bath, refinished original hardwood floors, and basement laundry