Duplex with Separate
191 I Street, Lincoln, CA 95648
For Sale
New
$749,000
Two distinct homes offer private front and backyard areas, with one residence currently tenant-occupied.
Property Size1,260 SF
Price / SF$594.44
Days on Market3
Property Features for 191 I Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Lease Term
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
Fenced Yard
Yard Space
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Excel Realty Inc.
2225306
Listed By:
Vera I White
(916) 812-1344
Source:
Fitforliferealestate
Added: Nov 7
Last Checked: Nov 8 at 1:16PM
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 Excel Realty Inc.
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Investment Insights
Based on property information with market context.
This duplex contains two separate residences: a two-bedroom, one-bathroom main home with a one-car garage, and a second home with one bedroom and one bathroom. The main residence has 1,260 square feet, was built in 1949, and has a roof replaced in 2026. Its HVAC system was updated three years ago, and the bathroom is described as newer. Each home has its own front and backyard areas.
The property is at 191 I Street and 851 2nd Street in Lincoln. Downtown is within walking distance. The second residence is tenant-occupied.
The property is at 191 I Street and 851 2nd Street in Lincoln. Downtown is within walking distance. The second residence is tenant-occupied.
Key Highlights
- Two separate residences: a 2‑bedroom, 1‑bathroom home and a 1‑bedroom, 1‑bathroom home
- Main home includes a 1‑car garage
- Roof replaced in 2026; HVAC updated three years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,271
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,420
$425.4K
Cap Rate 7%
$303,871
$303.9K
Cap Rate 9%
$236,344
$236.3K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$32.1K $25.44/SF
− Vacancy
−$1.7K −$1.32/SF
EGI
$30.4K $24.12/SF
− OpEx
−$9.1K −$7.24/SF
NOI
$21.3K $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%
$425,420
Cap Rate 7%
$303,871
Cap Rate 9%
$236,344
Alternative Uses
Best Use
Multifamily LT 5
$303.9K
$265.9K – $354.5K
NOI $21,271 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$277.3K
$242.6K – $323.5K
NOI $19,411 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$487.8K
$426.8K – $569.1K
NOI $34,145 @ 7.0% cap · market cap 4.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
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Business Placement
Demographics for 95648, CA
54,483
Population
22,095
Households
2.5
Avg Household Size
45
Median Age
38%
College-Educated
94%
High-School Grad
144.3 sq mi
ZIP Area
378
Density / Sq Mi
$108,200
Median Household Income
$58,255
Median Earnings
$2,054
Median Rent
$635,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Placer County, CA
Properties on Market for Duplexes in Placer County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct homes offer private front and backyard areas, with one residence currently tenant-occupied.
Where is this duplex located?
The property is located at 191 I Street Lincoln, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two separate residences: a 2‑bedroom, 1‑bathroom home and a 1‑bedroom, 1‑bathroom home; Main home includes a 1‑car garage; Roof replaced in 2026; HVAC updated three years ago
