Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sacramento Duplex: Income Opportunity Title is generated by Realmo AI

    1852 Grand AVE, Sacramento 95838

    View on Map
    Claim this Listing
    New
    For Sale
    $465,000

    MULTI_FAMILY - SACRAMENTO

    Type:Single Family Residence
    Property size:
    1,404 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $331/SF
    Added:
    May 26, 2026
    Days on Market:
    2
    Last Refresh:
    May 27 at 7:06 pm

    Property Features for 1852 Grand AVE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    R-1
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking
    2
    Parking features
    Garage - Attached, Off Street
    Appliances
    Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
    Standard status
    Active
    Size
    1,404 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Natural Gas, Central, Forced Air
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1950
    Number of units
    2
    Flooring type
    Laminate
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Scott Orich

    Listing agent Scott Orich License #01993720

    Listing office Real Brokerage Technologies 1420 Kettner BLVD #100, San Diego, CA

    Listing date May 26, 2026

    MLS# ML82042643 Listing URL

    Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing duplex with rental potential.
    • Two mirror‑image units, each with 2 bedrooms and 1 bathroom.
    • Central heating and air conditioning in both units.
    • Attached garage and a total of 4 parking spaces.
    • Convenient location near schools, parks, shopping, and freeway access.
    • Vacant unit (1852 side) available for immediate occupancy or rental.

    Overview

    This duplex presents a rental and income-producing opportunity, featuring a total of 4 bedrooms and 2 bathrooms within approximately 1,404 square feet of living space. Constructed in 1950, the one-story multi-family property is set on a 6,098 square foot lot. It offers flexibility for either an owner-occupant or an investor seeking positive cash flow. The building comprises two mirror-image units, each with 2 bedrooms and 1 full bathroom. Both units are equipped with central heating and central air conditioning, separated outdoor living areas, dedicated laundry hookups, and an attached garage. The property provides a total of 4 parking spaces. One unit is vacant, while the other is currently rented on a month-to-month lease. Located in the East Del Paso Heights area of Sacramento, within the Twin Rivers Unified School District, the property is conveniently situated near schools, parks, shopping, and offers easy freeway access, making it appealing to renters.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $266.2K
    NOI $23,962 @ 9.00% cap · cautious / downside scenario
    Moderate
    $342.3K
    NOI $23,962 @ 7.00% cap · market / base-case scenario
    Aggressive
    $479.2K
    NOI $23,962 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $36.2k $25.80
    − Vacancy −$2.0k −$1.42
    EGI $34.2k $24.38
    − OpEx −$10.3k −$7.31
    NOI $24.0k $17.07
    1,404 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $342.3K
    $299.5K – $399.4K (±1% cap)
    NOI $23,962 @ 7.0% cap · market cap 5.15%
    Second Best
    Apartment 5plus
    $315.1K
    $275.7K – $367.6K (±1% cap)
    NOI $22,054 @ 7.0% cap · market cap 4.74%
    Theoretical Best
    Specialty Retail
    $377.3K
    $330.1K – $440.2K (±1% cap)
    NOI $26,409 @ 7.0% cap · market cap 5.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    Longitude
    -121.423979
    Latitude
    38.636203

    FAQs

    What type of property is this?
    Duplex - Duplex in Sacramento with rental income potential.
    Where is this duplex located?
    The property is located at 1852 Grand AVE Sacramento.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: Income‑producing duplex with rental potential.; Two mirror‑image units, each with **2 bedrooms and 1 bathroom.**; Central heating and air conditioning in both units.
    (408) 214-9609
    We can help!
    Listing Contact
    Scott Orich
    Real Estate License ID: 01993720
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1852 Grand AVE, SACRAMENTO, 95838
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!