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Duplex with Detached Shop
New
For Sale
$330,000

2021 Marconi Avenue, Sacramento, CA 95821

C-2 zoning supports business, mixed-use, or residential use.

Property Size1,675 SF
Days on Market5

Property Features for 2021 Marconi Avenue

General Information

Standard status Active
Size 1,675 SF
Property subtype 2 Houses on Lot
Zoning C-2

Property Condition

Severity Major Repairs Needed
Evidence property needs complete remodel

Additional Details

Asking Price $330,000
Multifamily Units 2

Building Details

Building Size 1,675 SF
Year Built 1936
Listing Agency: HomeSmart ICARE Realty
Listed By: Yunping Hu · License #02012087
Source: Teamnavigate
Added: Oct 2 Changed: Oct 5 Last Checked: Oct 5 at 11:16PM

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 HomeSmart ICARE Realty

Investment Insights

Based on property information with market context.

This 1,675-square-foot duplex, built in 1936, contains two separate residential units and requires a complete remodel. The rear unit spans two stories and has two bedrooms and two bathrooms. A detached shop or storage shed is situated behind the residences, and a long driveway provides additional parking space, with RV parking potential.

The property is zoned C-2, with business, mixed-use, and residential use described as options.

Key Highlights

  • Two separate residential units
  • 1,675 SF duplex built in 1936
  • Rear residence has two stories, 2 bedrooms, and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,587
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,740 $571.7K
Cap Rate 7%
$408,386 $408.4K
Cap Rate 9%
$317,633 $317.6K
Market Conditions
NOI Build-Up for 1,675 SF
Gross rent
$43.2K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$40.8K $24.38/SF
− OpEx
−$12.3K −$7.31/SF
NOI
$28.6K $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%
$571,740
Cap Rate 7%
$408,386
Cap Rate 9%
$317,633

Alternative Uses

Best Use
Multifamily LT 5
$408.4K
$357.3K – $476.5K (±1% cap)
NOI $28,587 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$375.9K
$328.9K – $438.5K (±1% cap)
NOI $26,311 @ 7.0% cap · market cap 7.97%
Theoretical Best
Specialty Retail
$450.1K
$393.8K – $525.1K (±1% cap)
NOI $31,507 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Travel Agency Cafe & Coffee Shop Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

Demographics for 95821, CA

39,310
Population
16,403
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$58,331
Median Household Income
$41,630
Median Earnings
$1,342
Median Rent
$470,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - C-2 zoning supports business, mixed-use, or residential use.
Where is this duplex located?
The property is located at 2021 Marconi Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two separate residential units; 1,675 SF duplex built in 1936; Rear residence has two stories, 2 bedrooms, and 2 bathrooms
More about this property
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