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8-Unit Apartment Building
For Sale
$1,799,999

2643 Furmint Way, Rancho Cordova, CA 95670

Commercial Sale, Rancho Cordova, CA

Property Size7,408 SF
Lot Size0.28 Acres
Price / SF$242.98
Days on Market57

Property Features for 2643 Furmint Way

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Lot features Corner Lot
Directions Google maps
Subdivision Listing
Standard status Active
APN 0570223023000
Size 7,408 SF
Lot size 0.28 Acres

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

in-unit laundry
on-site parking

Building Details

Year built 1965
Number of units 8
Flooring type Tile, Laminate, Carpet, Hardwood, Concrete, Vinyl
Building materials Stucco, Vinyl Siding
Listing Agency: Real Brokerage Technologies
Listed By: Jameel Batshon · License #01444446
Added: Aug 19 Changed: Sep 29 Last Checked: Oct 14 at 9:06PM
MLS# 41145566

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8-unit apartment property contains 7,408 square feet across a 0.28-acre site. All residences have two bedrooms and one bathroom, with an average size of approximately 926 square feet. Each unit includes in-unit laundry, and parking is available on site. Built in 1965, the property has stucco and vinyl siding, forced-air heating, and central air conditioning. All eight electrical panels were recently replaced, and most units have been renovated.

The property is near Highway 50 and within walking distance of the Zinfandel light-rail station. Walmart, Safeway, Target, Ross, KP International Market, restaurants, and shopping are nearby.

Key Highlights

  • Eight apartments, each with two bedrooms and one bathroom
  • Units average approximately 926 square feet
  • In‑unit laundry in every residence; on‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,883
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,660 $2.0M
Cap Rate 7%
$1,412,614 $1.4M
Cap Rate 9%
$1,098,700 $1.1M
Market Conditions
NOI Build-Up for 7,408 SF
Gross rent
$192.9K $26.04/SF
− Vacancy
−$13.1K −$1.77/SF
EGI
$179.8K $24.27/SF
− OpEx
−$80.9K −$10.92/SF
NOI
$98.9K $13.35/SF
Area
Sacramento County, CA
Vacancy
6.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,660
Cap Rate 7%
$1,412,614
Cap Rate 9%
$1,098,700

Alternative Uses

Best Use
Apartment 5plus
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,883 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,147 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Garden Center Real Estate Agency Big Box & Wholesale Store Carpet & Flooring Store

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby

Demographics for 95670, CA

57,988
Population
22,779
Households
2.5
Avg Household Size
38
Median Age
32%
College-Educated
89%
High-School Grad
12.9 sq mi
ZIP Area
4,495
Density / Sq Mi
$90,414
Median Household Income
$47,271
Median Earnings
$1,693
Median Rent
$463,100
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?
Apartment building - Each residence has in-unit laundry, and the property includes on-site parking.
Where is this apartment building located?
The property is located at 2643 Furmint Way Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Eight apartments, each with two bedrooms and one bathroom; Units average approximately 926 square feet; In‑unit laundry in every residence; on‑site parking
More about this property
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