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Duplex With Attached Garages
New
For Sale
$525,000

203 Fremont Avenue, Roseville, CA 95678

Two distinct unit layouts include private fenced outdoor areas and direct access to attached garages.

Property Size2,232 SF
Price / SF$235.22
Days on Market4

Property Features for 203 Fremont Avenue

General Information

Standard status Active
Size 2,232 SF
Property subtype Multi Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 2

Amenities

attached garage
private fenced backyard

Building Details

Year Built 1980
Listing Agency: Coldwell Banker Sun Ridge Real Estate
Listed By: Geralyn M. Bennett · License #01045693
Source: Exitrealty
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 7:13AM

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 Coldwell Banker Sun Ridge Real Estate

Investment Insights

Based on property information with market context.

Built in 1980, this 2232-square-foot duplex includes two separate residential units with different bedroom and bathroom configurations. One unit offers 2 bedrooms and 1 bathroom, while the other provides 3 bedrooms and 2 bathrooms. Both units have an attached garage and a private fenced backyard, adding dedicated parking and outdoor space to each residence.

The property is located at 203 Fremont Avenue in Roseville, California. Restaurants, shopping, and parks are nearby, with commuter access also identified as a surrounding convenience. The two-unit layout and varied floor plans support use as a residential income property or an owner-occupied duplex.

Key Highlights

  • 2232 SF duplex built in 1980
  • Unit mix includes 2 bedrooms and 1 bathroom, plus 3 bedrooms and 2 bathrooms
  • Attached garage provided for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,813
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.01%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,260 $736.3K
Cap Rate 7%
$525,900 $525.9K
Cap Rate 9%
$409,033 $409.0K
Market Conditions
NOI Build-Up for 2,232 SF 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.
Gross rent
$56.2K $25.20/SF
− Vacancy
−$3.7K −$1.64/SF
EGI
$52.6K $23.56/SF
− OpEx
−$15.8K −$7.07/SF
NOI
$36.8K $16.49/SF
Area
Roseville, CA
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,260
Cap Rate 7%
$525,900
Cap Rate 9%
$409,033

Alternative Uses

Best Use
Multifamily LT 5
$525.9K
$460.2K – $613.6K (±1% cap)
NOI $36,813 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$475.8K
$416.3K – $555.1K (±1% cap)
NOI $33,304 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$614.3K
$537.5K – $716.7K (±1% cap)
NOI $43,002 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Computer & Electronic Repair (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Florist

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

868
Businesses Nearby

Demographics for 95678, CA

45,136
Population
18,594
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$104,704
Median Household Income
$53,807
Median Earnings
$2,118
Median Rent
$534,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two distinct unit layouts include private fenced outdoor areas and direct access to attached garages.
Where is this duplex located?
The property is located at 203 Fremont Avenue Roseville, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2232 SF duplex built in 1980; Unit mix includes 2 bedrooms and 1 bathroom, plus 3 bedrooms and 2 bathrooms; Attached garage provided for each unit
More about this property
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