Corner Duplex with
For Sale
$659,000
Pending
2701 Marty Way, Sacramento, CA 95818
R-1-zoned duplex with a garage, gas cooking appliances, and a mix of window and floor-unit heating.
Property Size1,674 SF
Days on Market46
Property Features for 2701 Marty Way
General Information
Standard status
Pending
Size
1,674 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R-1
Lease Term
12 Months
Amenities
Window Unit(s)
Floor Furnace
Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator
Garage
Building Details
Year Built
1938
Buildings
1
Stories
2
Listing Agency:
(916) 505-5240
Listed By:
Charles R. Dietz
(916) 505-5240
Source:
Evrealestate
Added: Jul 17
Changed: Aug 30
Last Checked: Aug 31 at 2:16PM
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 Charles R. Dietz
Investment Insights
Based on property information with market context.
This duplex, built in 1938, is positioned at the corner of Marty Way and 2nd Avenue in Sacramento. The property includes a garage and interior features that include window unit(s), a floor furnace, and free-standing gas cooking appliances with a refrigerator.
The property is zoned R-1 and is located at 2701 Marty Way. Its corner placement provides a clear address point at the intersection of Marty Way and 2nd Avenue, while the existing residential improvements offer a defined duplex configuration.
The property is zoned R-1 and is located at 2701 Marty Way. Its corner placement provides a clear address point at the intersection of Marty Way and 2nd Avenue, while the existing residential improvements offer a defined duplex configuration.
Key Highlights
- Duplex at the corner of Marty Way and 2nd Avenue
- R‑1 zoning
- Built in 1938
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,570
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$571,400
$571.4K
Cap Rate 7%
$408,143
$408.1K
Cap Rate 9%
$317,444
$317.4K
Market Conditions
NOI Build-Up for 1,674 SF
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.
Gross rent
$43.2K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$40.8K $24.38/SF
− OpEx
−$12.2K −$7.31/SF
NOI
$28.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$571,400
Cap Rate 7%
$408,143
Cap Rate 9%
$317,444
Alternative Uses
Best Use
Multifamily LT 5
$408.1K
$357.1K – $476.2K
NOI $28,570 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$375.6K
$328.7K – $438.3K
NOI $26,295 @ 7.0% cap · market cap 3.99%
Theoretical Best
Specialty Retail
$449.8K
$393.6K – $524.8K
NOI $31,488 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,064
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R-1-zoned duplex with a garage, gas cooking appliances, and a mix of window and floor-unit heating.
Where is this duplex located?
The property is located at 2701 Marty Way Sacramento, CA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Duplex at the corner of Marty Way and 2nd Avenue; R‑1 zoning; Built in 1938
