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Duplex Requiring Renovation
New
For Sale
$400,000

1309 Topaz Way, Sacramento, CA 95864

Vacant two-unit property offered in current condition, with substantial interior work needed.

Property Size1,652 SF
Price / SF$242.13
Days on Market7

Property Features for 1309 Topaz Way

General Information

Standard status Active
Size 1,652 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence need extensive renovation

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Listing Agency: Cooper Realty
Listed By: John A. Cooper · License #01448884
Source: Exprealty
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 5 at 7:35PM

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 Cooper Realty

Investment Insights

Based on property information with market context.

This duplex at 1309 Topaz Way in Sacramento contains two vacant residences. Each unit has 2 bedrooms, 1 bathroom, and approximately 826 square feet, for 1,652 square feet across the property. Both units require extensive renovation, and the sale is as-is.

Key Highlights

  • Two vacant units, each with 2 bedrooms and 1 bathroom
  • Approximately 826 square feet per unit; 1,652 square feet total
  • Extensive renovation needed in both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,194
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,880 $563.9K
Cap Rate 7%
$402,771 $402.8K
Cap Rate 9%
$313,267 $313.3K
Market Conditions
NOI Build-Up for 1,652 SF
Gross rent
$42.6K $25.80/SF
− Vacancy
−$2.3K −$1.42/SF
EGI
$40.3K $24.38/SF
− OpEx
−$12.1K −$7.31/SF
NOI
$28.2K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,880
Cap Rate 7%
$402,771
Cap Rate 9%
$313,267

Alternative Uses

Best Use
Multifamily LT 5
$402.8K
$352.4K – $469.9K (±1% cap)
NOI $28,194 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$370.7K
$324.4K – $432.5K (±1% cap)
NOI $25,950 @ 7.0% cap · market cap 6.49%
Theoretical Best
Specialty Retail
$443.9K
$388.4K – $517.9K (±1% cap)
NOI $31,074 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,368
Businesses Nearby

Demographics for 95864, CA

24,249
Population
10,286
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
6.3 sq mi
ZIP Area
3,849
Density / Sq Mi
$129,083
Median Household Income
$63,220
Median Earnings
$1,863
Median Rent
$770,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant two-unit property offered in current condition, with substantial interior work needed.
Where is this duplex located?
The property is located at 1309 Topaz Way Sacramento, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two vacant units, each with 2 bedrooms and 1 bathroom; Approximately 826 square feet per unit; 1,652 square feet total; Extensive renovation needed in both residences
More about this property
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