Two-Unit Duplex with Detached
New
For Sale
$999,999
1921-1923 21st Street, Sacramento, CA 95811
The 1933 property pairs two distinct unit layouts with fenced yard space and alley access.
Property Size2,624 SF
Lot Size0.18 Acres
Price / SF$381.10
Days on Market2
Property Features for 1921-1923 21st Street
General Information
Standard status
Active
Size
2,624 SF
Total Parking Spaces
4
Lot size
0.18 Acres
Property subtype
Residential Income
Zoning
C-2
Site & Location
Neighborhood
Newton Booth
Units
Unit Mix
1 x 3BD/2BA, 1 x 2BD/1BA
Multifamily Units
2
Parking per Unit
2
Amenities
private fenced yards
Wood
2
3
In Each Unit
1
Auto Sprinkler F&R,Curb(s),Sidewalk,Landscape Back,Landscape Front
Public
4.0
0.0
0.18
Assessor Agent-Fill
Detached,Garage
Fenced Yard,Yard Space
Slab
Building Details
Year Built
1933
Stories
2
Listing Agency:
Sutter Properties
Listed By:
Kyle Navarro · License #01914645
(916) 205-5215
Source:
Carlilerealty
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 30 at 3:15PM
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 Sutter Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1933, this duplex contains two residences: one with 3 bedrooms and 2 bathrooms, and another with 2 bedrooms and 1 bathroom. Each unit has a private fenced yard. The property also includes detached two-car garages and alley access. The building contains 2,624 square feet on a 7,841-square-foot lot and is zoned C-2.
The property is near Sacramento’s R Street Corridor, Tower 24, Ice Blocks, and a range of restaurants, coffee shops, breweries, and entertainment venues.
The property is near Sacramento’s R Street Corridor, Tower 24, Ice Blocks, and a range of restaurants, coffee shops, breweries, and entertainment venues.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms; the other with 2 bedrooms and 1 bathroom
- 2,624‑square‑foot building on a 7,841‑square‑foot lot
- Private fenced yard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,783
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,660
$895.7K
Cap Rate 7%
$639,757
$639.8K
Cap Rate 9%
$497,589
$497.6K
Market Conditions
NOI Build-Up for 2,624 SF
Gross rent
$67.7K $25.80/SF
− Vacancy
−$3.7K −$1.42/SF
EGI
$64.0K $24.38/SF
− OpEx
−$19.2K −$7.31/SF
NOI
$44.8K $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%
$895,660
Cap Rate 7%
$639,757
Cap Rate 9%
$497,589
Alternative Uses
Best Use
Multifamily LT 5
$639.8K
$559.8K – $746.4K
NOI $44,783 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$588.8K
$515.2K – $687.0K
NOI $41,218 @ 7.0% cap · market cap 4.12%
Theoretical Best
Specialty Retail
$705.1K
$617.0K – $822.6K
NOI $49,357 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,340
Businesses Nearby
Explore this area
Business Placement
Demographics for 95811, CA
12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The 1933 property pairs two distinct unit layouts with fenced yard space and alley access.
Where is this duplex located?
The property is located at 1921-1923 21st Street Sacramento, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 bathrooms; the other with 2 bedrooms and 1 bathroom; 2,624‑square‑foot building on a 7,841‑square‑foot lot; Private fenced yard for each unit
