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    Rosemont Fourplex Investment Opportunity Title is generated by Realmo AI

    2840 Norcade Cir, Sacramento, CA 95826

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    Claim this Listing
    Pending
    $750,000

    MULTI_FAMILY - Sacramento, CA

    Property size:
    3,738 SF
    Lot size:
    0.18 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    89
    Last Refresh:
    Jun 21 at 6:06 am

    Property Features for 2840 Norcade Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    7
    Rooms
    Bathroom 1, Bedroom 7, Bathroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 3, Bathroom 4, Laundry Room, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 2
    Parking features
    On Street
    Interior features
    Tub w/Shower Over
    Exterior features
    Front Yard
    Appliances
    Gas Water Heater
    Standard status
    Pending
    APN
    0750161018000
    Size
    3,738 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Number of units
    4
    Flooring type
    Laminate, Carpet
    Building materials
    Brick, Composition Shingles, Stone
    Roof type
    Composition

    We can help!

    Listing Contact
    Carl Medford

    Listing agent Carl Medford License #01320438

    Listing office KW Advisors 39465 Paseo Padre Pkwy #1500, Fremont, CA

    Listing date Mar 25, 2026

    MLS# 41128465 Listing URL

    Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑plex built in 1969 with brick, composition shingle, and stone exterior construction
    • Central air and forced‑air natural gas heating, plus a gas water heater
    • Composition roof and a mix of laminate and carpet flooring
    • Includes a front yard and on‑street parking
    • Minutes to CA‑50 and about 15 minutes from downtown Sacramento for commuter convenience
    • Near Rosemont Plaza, Oki Park, Rosemont Community Park, American River College, and Cal State Sacramento

    Overview

    Located in the Rosemont neighborhood, this fourplex presents an opportunity for investors looking to expand into Sacramento's rental market. The property is situated minutes from major commuter routes, including CA-50, providing access to downtown Sacramento. The neighborhood features walkable streets and proximity to conveniences, including shopping and dining at Rosemont Plaza. Outdoor recreational opportunities are available, with Oki and Rosemont Community Parks offering walking trails. Proximity to American River College and Cal State Sacramento broadens the tenant pool. The Rosemont area is appreciated for its community, accessibility, and proximity to employment hubs throughout the greater region. The property is approximately 15 minutes from downtown Sacramento. The property size is 3738 square feet and the lot size is 0.1786 acres.

    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 $96.4k $25.80
    − Vacancy −$5.3k −$1.42
    EGI $91.1k $24.38
    − OpEx −$27.3k −$7.31
    NOI $63.8k $17.07
    3,738 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $911.4K
    $797.4K – $1.06M (±1% cap)
    NOI $63,795 @ 7.0% cap · market cap 8.51%
    Second Best
    Apartment 5plus
    $838.8K
    $734.0K – $978.6K (±1% cap)
    NOI $58,717 @ 7.0% cap · market cap 7.83%
    Theoretical Best
    Specialty Retail
    $1.00M
    $878.9K – $1.17M (±1% cap)
    NOI $70,312 @ 7.0% cap · market cap 9.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.366074
    Latitude
    38.559704

    FAQs

    What type of property is this?
    Quadplex - Fourplex in desirable Rosemont neighborhood, Sacramento. Close to amenities.
    Where is this quadplex located?
    The property is located at 2840 Norcade Cir Sacramento, CA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 4‑plex built in 1969 with brick, composition shingle, and stone exterior construction; Central air and forced‑air natural gas heating, plus a gas water heater; Composition roof and a mix of laminate and carpet flooring
    More about this property
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