Duplex with Fenced
1503 Christopher Way, Sacramento, CA 95819
For Sale
$850,000
Two residential units combine generous layouts, private garages, storage, and enclosed outdoor space.
Property Size2,716 SF
Price / SF$312.96
Days on Market57
Property Features for 1503 Christopher Way
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
eXp Realty of California, Inc.
(916) 698-8076
Listed By:
Patrick S. Smith · License #01946462
(916) 529-3996
Source:
Exitrealty
Added: Sep 12
Changed: Nov 1
Last Checked: Nov 1 at 3:47AM
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 eXp Realty of California, Inc.
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Investment Insights
Based on property information with market context.
Built in 1979, this 2,716-square-foot duplex contains two residential units, each measuring 1,358 square feet with three bedrooms and 2.5 bathrooms. Both units include substantial storage, a one-car garage, and access to a fenced backyard, providing practical household amenities within each residence.
The property is located at 1503 Christopher Way in Sacramento’s East Sacramento area. California State University, Sacramento and UC Davis Medical Center are nearby, while shopping, dining, and public transportation are within walking distance. The two-unit configuration and individual residential features support use as a rental property with established rental income.
The property is located at 1503 Christopher Way in Sacramento’s East Sacramento area. California State University, Sacramento and UC Davis Medical Center are nearby, while shopping, dining, and public transportation are within walking distance. The two-unit configuration and individual residential features support use as a rental property with established rental income.
Key Highlights
- 2,716‑square‑foot duplex with two residential units
- Each unit offers 1,358 square feet, 3 bedrooms, and 2.5 bathrooms
- One‑car garage and substantial storage included with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,353
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,060
$927.1K
Cap Rate 7%
$662,186
$662.2K
Cap Rate 9%
$515,033
$515.0K
Market Conditions
NOI Build-Up for 2,716 SF
Gross rent
$70.1K $25.80/SF
− Vacancy
−$3.9K −$1.42/SF
EGI
$66.2K $24.38/SF
− OpEx
−$19.9K −$7.31/SF
NOI
$46.4K $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%
$927,060
Cap Rate 7%
$662,186
Cap Rate 9%
$515,033
Alternative Uses
Best Use
Multifamily LT 5
$662.2K
$579.4K – $772.6K
NOI $46,353 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$609.5K
$533.3K – $711.1K
NOI $42,663 @ 7.0% cap · market cap 5.02%
Theoretical Best
Specialty Retail
$729.8K
$638.6K – $851.5K
NOI $51,088 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
2,234
Businesses Nearby
Explore this area
Business Placement
Demographics for 95819, CA
20,812
Population
8,936
Households
2.3
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
5,781
Density / Sq Mi
$127,500
Median Household Income
$69,922
Median Earnings
$2,007
Median Rent
$716,000
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Sacramento, CA
Properties on Market for Duplexes in Sacramento
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units combine generous layouts, private garages, storage, and enclosed outdoor space.
Where is this duplex located?
The property is located at 1503 Christopher Way Sacramento, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,716‑square‑foot duplex with two residential units; Each unit offers 1,358 square feet, 3 bedrooms, and 2.5 bathrooms; One‑car garage and substantial storage included with each unit
