Spacious Duplex with Attached
2731 57th Street Sacramento, CA 95817
2731 57th Street, Sacramento, CA, 95817
$555,000
For Sale
$555,000
This Sacramento duplex features attached garages with laundry hookups and a shared backyard, with both units on month-to-month leases.
Property Size1,690 SF
Price / SF$328.40
Days on Market49
Property Features for 2731 57th Street
General Information
- Standard status
- Active
- Size
- 1,690 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1964
Listing agency
Dunnigan, REALTORS
(916) 531-7495
Listed by
David Kirrene · License #01115041
(916) 531-7495
Source
Exitrealty
Added: Jun 5 Updated: Jul 23 at 6:46AM Checked: Jul 23 at 6:46AM
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 Dunnigan, REALTORS
Investment Insights
Based on property information with market context.
This spacious duplex offers two matching units, each with well-designed floor plans, spacious bedrooms, and large closets. Both kitchens include dining areas, built-in cooktop and oven, and ample counter space with built-in cabinets. Each unit also benefits from an attached garage with auto door openers and laundry hookups, and there is a shared backyard at the rear of the lot. The owner has maintained the property for the past 46 years, and the roof was recently replaced in 2018.
Both units are currently on month-to-month leases. The front unit (2731) has long-term tenancy and is leased at a lower monthly rent of $1,155, while the back unit (2733) was last rented for $1,900 per month. The seller will provide a Section 1 pest clearance for the attached pest report.
The property is located in the Elmhurst area, just blocks from the Light Rail, with popular eateries nearby and easy access to UC Med Center and Shriners Hospital.
Both units are currently on month-to-month leases. The front unit (2731) has long-term tenancy and is leased at a lower monthly rent of $1,155, while the back unit (2733) was last rented for $1,900 per month. The seller will provide a Section 1 pest clearance for the attached pest report.
The property is located in the Elmhurst area, just blocks from the Light Rail, with popular eateries nearby and easy access to UC Med Center and Shriners Hospital.
Key Highlights
- Duplex built in 1964 with two identical units on month‑to‑month leases
- 2018 roof replacement
- Both units include large kitchens with dining areas, built‑in cooktop and oven, and lots of counter space and built‑in cabinets
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 | $43.6k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $41.2k | $24.38 |
| − OpEx | −$12.4k | −$7.31 |
| NOI | $28.8k | $17.07 |
1,690 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$412.0K
$360.5K – $480.7K
NOI $28,843 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$379.2K
$331.8K – $442.5K
NOI $26,547 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$454.1K
$397.4K – $529.8K
NOI $31,789 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - This Sacramento duplex features attached garages with laundry hookups and a shared backyard, with both units on month-to-month leases.
Where is this duplex located?
The property is located at 2731 57th Street Sacramento, CA.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Duplex built in 1964 with two identical units on month‑to‑month leases; 2018 roof replacement; Both units include large kitchens with dining areas, built‑in cooktop and oven, and lots of counter space and built‑in cabinets
