Two-Unit Duplex with
New
For Sale
$799,000
2685 Freeport Boulevard, Sacramento, CA 95818
Each residence has its own driveway, garage, kitchen, laundry, and fireplace.
Property Size1,734 SF
Price / SF$460.78
Days on Market6
Property Features for 2685 Freeport Boulevard
General Information
Standard status
Active
Size
1,734 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
R-1
Site & Location
Neighborhood
Curtis Park
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Amenities
Dog Run
Fenced Yard
Yard Space
Building Details
Building Size
1,734 SF
Year Built
1930
Buildings
2
Stories
1
Units
2
Listing Agency:
Dream Real Estate Group
4500442
Listed By:
Josue L Acosta
(510) 304-8724
Source:
Davenportsold
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 4:07PM
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 Dream Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 1930, this 1,734-square-foot duplex contains two remodeled residences, each with two bedrooms, one bathroom, a full kitchen, laundry, and a fireplace. The units have separate addresses and driveways, with one garage per residence. A fenced yard serves the corner-lot property, and furnishings are negotiable. The property is zoned R-1.
William Land Park, the Sacramento Zoo, a golf course, and local coffee shops are within walking distance. Midtown, Downtown, City College, UC Davis Medical Center, and freeways are a short drive away. Both units have operated as furnished mid-term rentals.
William Land Park, the Sacramento Zoo, a golf course, and local coffee shops are within walking distance. Midtown, Downtown, City College, UC Davis Medical Center, and freeways are a short drive away. Both units have operated as furnished mid-term rentals.
Key Highlights
- Two remodeled units, each approximately 867 square feet with 2 bedrooms and 1 bathroom
- Two separate addresses, separate driveways, and a garage for each unit
- Full kitchen, laundry, and fireplace in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,594
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,880
$591.9K
Cap Rate 7%
$422,771
$422.8K
Cap Rate 9%
$328,822
$328.8K
Market Conditions
NOI Build-Up for 1,734 SF
Gross rent
$44.7K $25.80/SF
− Vacancy
−$2.5K −$1.42/SF
EGI
$42.3K $24.38/SF
− OpEx
−$12.7K −$7.31/SF
NOI
$29.6K $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%
$591,880
Cap Rate 7%
$422,771
Cap Rate 9%
$328,822
Alternative Uses
Best Use
Multifamily LT 5
$422.8K
$369.9K – $493.2K
NOI $29,594 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$389.1K
$340.5K – $454.0K
NOI $27,238 @ 7.0% cap · market cap 3.41%
Theoretical Best
Specialty Retail
$466.0K
$407.7K – $543.6K
NOI $32,617 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 95818, CA
22,375
Population
11,301
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,737
Density / Sq Mi
$120,509
Median Household Income
$72,803
Median Earnings
$1,650
Median Rent
$768,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own driveway, garage, kitchen, laundry, and fireplace.
Where is this duplex located?
The property is located at 2685 Freeport Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two remodeled units, each approximately 867 square feet with 2 bedrooms and 1 bathroom; Two separate addresses, separate driveways, and a garage for each unit; Full kitchen, laundry, and fireplace in each residence
