Modern Duplex with Enclosed
For Sale
$949,000
2020 Rice Alley, Sacramento, CA 95811
Flexible residential income property with separate entries, dual kitchens, private outdoor areas, and controlled parking access.
Property Size2,060 SF
Price / SF$460.68
Days on Market48
Property Features for 2020 Rice Alley
General Information
Standard status
Active
Size
2,060 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Building Details
Year Built
2017
Listing Agency:
Friend's Real Estate Services
(209) 694-7033
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Aug 30
Changed: Oct 15
Last Checked: Oct 14 at 10:55PM
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 Friend's Real Estate Services
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Investment Insights
Based on property information with market context.
Built in 2017, this 2,060-square-foot duplex offers a contemporary layout that can also function as a single residence with a separate guest area. The design includes two distinct entries, separate kitchens and living areas, laundry spaces, and outdoor entertaining areas. Floor-to-ceiling windows bring in natural light and frame skyline views, while an exposed cinder block wall adds architectural character.
The property includes secured access through a gated driveway, one parking spot, and an enclosed garage. Its Midtown Sacramento setting places coffee shops, groceries, restaurants, nightlife, and transit within a walkable urban environment.
The property includes secured access through a gated driveway, one parking spot, and an enclosed garage. Its Midtown Sacramento setting places coffee shops, groceries, restaurants, nightlife, and transit within a walkable urban environment.
Key Highlights
- 2,060‑square‑foot duplex built in 2017
- Two separate entries with distinct kitchens and living areas
- Flexible configuration for duplex use or single residence with guest area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,157
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,140
$703.1K
Cap Rate 7%
$502,243
$502.2K
Cap Rate 9%
$390,633
$390.6K
Market Conditions
NOI Build-Up for 2,060 SF
Gross rent
$53.1K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$50.2K $24.38/SF
− OpEx
−$15.1K −$7.31/SF
NOI
$35.2K $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%
$703,140
Cap Rate 7%
$502,243
Cap Rate 9%
$390,633
Alternative Uses
Best Use
Multifamily LT 5
$502.2K
$439.5K – $586.0K
NOI $35,157 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$462.3K
$404.5K – $539.3K
NOI $32,358 @ 7.0% cap · market cap 3.41%
Theoretical Best
Specialty Retail
$553.6K
$484.4K – $645.8K
NOI $38,749 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Flexible residential income property with separate entries, dual kitchens, private outdoor areas, and controlled parking access.
Where is this duplex located?
The property is located at 2020 Rice Alley Sacramento, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 2,060‑square‑foot duplex built in 2017; Two separate entries with distinct kitchens and living areas; Flexible configuration for duplex use or single residence with guest area
