Sacramento Multifamily Property for
For Sale
$915,000
3915 43rd Ave, Sacramento, CA 95824
Multifamily property in Sacramento, CA, totaling 3,142 square feet.
Property Size3,142 SF
Price / SF$291.22
Days on Market158
Property Features for 3915 43rd Ave
General Information
Standard status
Active
Size
3,142 SF
Property subtype
Multifamily
Building Details
Building Size
3,142 SF
Year Built
1962
Buildings
1
Listing Agency:
Kidder Mathews - Sacramento
Listed By:
Jim Dennis · License #01017477
(916) 751-3650
Source:
Kidder
Added: Apr 3
Changed: Aug 8
Last Checked: Jul 7 at 11:53PM
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 Kidder Mathews - Sacramento
Investment Insights
Based on property information with market context.
This multifamily property, located in Sacramento, California, offers 3,142 square feet of residential income space. The property is intended for multifamily residential use.
Key Highlights
- Multifamily property in Sacramento, CA
- Totaling 3,142 square feet
- Built in 1962
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,355
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$987,100
$987.1K
Cap Rate 7%
$705,071
$705.1K
Cap Rate 9%
$548,389
$548.4K
Market Conditions
NOI Build-Up for 3,142 SF
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.
Gross rent
$94.3K $30.00/SF
− Vacancy
−$4.5K −$1.44/SF
EGI
$89.7K $28.56/SF
− OpEx
−$40.4K −$12.85/SF
NOI
$49.4K $15.71/SF
Area
Sacramento, CA
Vacancy
4.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$987,100
Cap Rate 7%
$705,071
Cap Rate 9%
$548,389
Alternative Uses
Best Use
Apartment 5plus
$705.1K
$616.9K – $822.6K
NOI $49,355 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$844.3K
$738.8K – $985.0K
NOI $59,101 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property in Sacramento, CA, totaling 3,142 square feet.
Where is this multifamily property located?
The property is located at 3915 43rd Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Multifamily property in Sacramento, CA; Totaling 3,142 square feet; Built in 1962
