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2017 Updated Duplex with Garages

2686 Franklin Boulevard Sacramento, CA 95818

2686 Franklin Boulevard, Sacramento, CA, 95818
$850,000
For Sale
$850,000

Turnkey duplex with two 2-bedroom units, each featuring private one-car garage and separately metered utilities.

Property Size2,100 SF
Price / SF$404.76
Days on Market153

Property Features for 2686 Franklin Boulevard

General Information

Standard status
Active
Size
2,100 SF
Property subtype
Multi Family

Building Details

Year Built
1990
Listing agency Hall & Associates Real Estate
Listed by Diane Broussard · License #01085991
Source Exitrealty
Added: Feb 19 Updated: Jul 22 at 1:28AM Checked: Jul 22 at 8:42AM

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 Hall & Associates Real Estate


Investment Insights

Based on property information with market context.

This turnkey duplex features two well-maintained units, each with 2 bedrooms and 1.5 bathrooms. The property was extensively updated in 2017 with permits, including granite kitchen countertops and newer cabinetry, along with a new roof and siding, new HVAC systems, and new water heaters. Each unit also includes a private one-car garage, separate driveway parking, and a fenced backyard. Utilities are separately metered between the units.

The duplex is located on a spacious corner lot at 2686 Franklin Boulevard in Sacramento. The property is described as being about one block from neighborhood retail and dining options including Gunther’s Ice Cream, Pangaea Bier Caf, Hop Gardens Taproom, and Caf Dantorels, with additional access to parks, public transportation, and freeway routes.

Both units are currently tenant-occupied at $2,500 and $2,600 per month.

Key Highlights

  • 1990‑built duplex with two 2‑bedroom, 1.5‑bath units
  • Tenants in place: $2,500/month and $2,600/month per unit
  • 2017 permitted updates incl. granite kitchen countertops, newer cabinetry, new roof and siding

Local 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 $54.2k $25.80
− Vacancy −$3.0k −$1.42
EGI $51.2k $24.38
− OpEx −$15.4k −$7.31
NOI $35.8k $17.07
2,100 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$512.0K
$448.0K – $597.3K (±1% cap)
NOI $35,840 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$471.2K
$412.3K – $549.8K (±1% cap)
NOI $32,987 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$564.3K
$493.8K – $658.4K (±1% cap)
NOI $39,501 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Big Box & Wholesale Store Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Duplex - Turnkey duplex with two 2-bedroom units, each featuring private one-car garage and separately metered utilities.
Where is this duplex located?
The property is located at 2686 Franklin Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1990‑built duplex with two 2‑bedroom, 1.5‑bath units; Tenants in place: $2,500/month and $2,600/month per unit; 2017 permitted updates incl. granite kitchen countertops, newer cabinetry, new roof and siding
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