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217 Cedar St, Roseville, CA, 95678
Vacant-Delivered Duplex with Private Yards

217 Cedar St Roseville, CA 95678

New
For Sale
$619,000

Duplex delivered vacant at close of escrow with 2 bed/2 bath units, separate decks, and fenced backyards.

Property Size1,856 SF
Price / SF$333.51
Days on Market4

Property Features for 217 Cedar St

General Information

Standard status
Active
Size
1,856 SF
Property subtype
Multi Family

Building Details

Year Built
1915
Listing Agency: Home Ranch Land Realty
Listed By: Juan Chavarria · License #01443315
Source: Exitrealty
Added: Jul 22 Changed: Jul 24 Last Checked: Jul 24 at 6:51AM

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 Home Ranch Land Realty


Investment Insights

Based on property information with market context.

217 Cedar St in Roseville Heights presents a spacious duplex to be delivered vacant at close of escrow, allowing a new owner to set market rents and choose tenants of their own. Each unit features a 2 bedroom and 2 bathroom layout, with separate back decks and privately fenced backyards.

A bonus garage/storage structure in the back includes plans submitted to the City for an art studio conversion with a bathroom. Plans are included, and the buyer would complete the conversion. The property also notes a possible ADU pathway, with the art studio concept described as laying groundwork for a phase II ADU of approximately 480+/- square feet, subject to City building codes.

Additional tenant-friendly features include washer and dryer hook ups in each unit, recent AC/heat upgrades, and dual pane windows. The decks and fencing are noted as approximately 1 year old, and each unit has its own electric and gas meter. The property is located close to Old Town Roseville, Amtrak, and commuter routes.

Key Highlights

  • 1915‑built duplex with two 2 bed/2 bath units
  • Delivered vacant at close of escrow, allowing new market rents and tenant selection
  • Each unit includes separate back deck, privately fenced backyard, and its own electric & gas meter

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $46.8k $25.20
− Vacancy −$3.0k −$1.64
EGI $43.7k $23.56
− OpEx −$13.1k −$7.07
NOI $30.6k $16.49
1,856 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$437.3K
$382.7K – $510.2K (±1% cap)
NOI $30,612 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$395.6K
$346.2K – $461.6K (±1% cap)
NOI $27,694 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$510.8K
$447.0K – $596.0K (±1% cap)
NOI $35,758 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex delivered vacant at close of escrow with 2 bed/2 bath units, separate decks, and fenced backyards.
Where is this duplex located?
The property is located at 217 Cedar St Roseville, CA.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: 1915‑built duplex with two 2 bed/2 bath units; Delivered vacant at close of escrow, allowing new market rents and tenant selection; Each unit includes separate back deck, privately fenced backyard, and its own electric & gas meter
More about this property
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