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Occupied Duplex with Private Backyards
New
For Sale
$499,000

2643 Moderna Court, Rancho Cordova, CA 95670

Two-unit property offers open-concept living areas and private outdoor space for each home.

Property Size1,822 SF
Price / SF$273.87
Days on Market5

Property Features for 2643 Moderna Court

General Information

Standard status Active
Size 1,822 SF
Property subtype Multi Family
Occupancy 100%

Building Details

Year Built 1970
Tenancy Multi
Listing Agency: Birdie Real Estate
Listed By: Lindsey A. McLaughlin · License #01913499
Source: Exitrealty
Added: Jul 29 Changed: Jul 31 Last Checked: Aug 1 at 11:04AM

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 Birdie Real Estate

Investment Insights

Based on property information with market context.

Built in 1970, this duplex at 2641 & 2643 Moderna Ct in Rancho Cordova features two residential units with open-concept living areas. Each home includes two large bedrooms, a bathroom, and a private backyard. The property is fully occupied, with long-term tenants in place who would like to remain and care for the homes.

Set within a court setting, the property provides separate residential living spaces and private outdoor areas for both units. Its duplex configuration and established occupancy support continued use as a residential income property.

Key Highlights

  • Duplex with two residential units
  • Fully occupied with long‑term tenants
  • Each unit includes two large bedrooms and a bathroom

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 $40.4k $22.20
− Vacancy −$2.6k −$1.43
EGI $37.8k $20.77
− OpEx −$11.4k −$6.23
NOI $26.5k $14.54
1,822 SF · lease $22.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$378.4K
$331.1K – $441.4K (±1% cap)
NOI $26,485 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$347.4K
$304.0K – $405.3K (±1% cap)
NOI $24,320 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$485.4K
$424.7K – $566.3K (±1% cap)
NOI $33,977 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Real Estate Agency Skin Care Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store Hair Salon

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

587
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two-unit property offers open-concept living areas and private outdoor space for each home.
Where is this duplex located?
The property is located at 2643 Moderna Court Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex with two residential units; Fully occupied with long‑term tenants; Each unit includes two large bedrooms and a bathroom
More about this property
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