2-Unit Duplex with Garage
New
For Sale
$498,000
2916 Marysville Boulevard, Sacramento, CA 95815
Two-level configuration pairs separate living spaces with garage access and a remodeled lower residence.
Property Size2,029 SF
Price / SF$245.44
Days on Market2
Property Features for 2916 Marysville Boulevard
General Information
Standard status
Active
Size
2,029 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
C-2
Site & Location
Neighborhood
South Hagginwood
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
2,029 SF
Year Built
1955
Buildings
1
Stories
2
Units
2
Listing Agency:
JTS Realty
5347642
Listed By:
James T Safonov · License #01339449
(916) 799-9799
Source:
Francogrouprealestate
Added: Oct 23
Last Checked: Oct 23 at 4:14PM
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 JTS Realty
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Investment Insights
Based on property information with market context.
Built in 1955, this 2,029-square-foot duplex has two residences arranged on separate levels. Each unit contains two bedrooms and one bathroom. The upper residence connects by interior stairs to its dedicated garage. The lower residence has a remodeled kitchen and bathroom, along with updated flooring and paint; it also offers single-level living and access to garage parking and outdoor space. The property has received updates to flooring, paint, fixtures, the roof, and mechanical systems.
Located on Marysville Boulevard in Sacramento, the property is near public transit, shopping, schools, parks, and major employment corridors. It is zoned C-2.
Located on Marysville Boulevard in Sacramento, the property is near public transit, shopping, schools, parks, and major employment corridors. It is zoned C-2.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 2,029‑square‑foot duplex built in 1955
- Upper unit has interior stairs connecting to its dedicated garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,628
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,560
$692.6K
Cap Rate 7%
$494,686
$494.7K
Cap Rate 9%
$384,756
$384.8K
Market Conditions
NOI Build-Up for 2,029 SF
Gross rent
$52.3K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$49.5K $24.38/SF
− OpEx
−$14.8K −$7.31/SF
NOI
$34.6K $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%
$692,560
Cap Rate 7%
$494,686
Cap Rate 9%
$384,756
Alternative Uses
Best Use
Multifamily LT 5
$494.7K
$432.9K – $577.1K
NOI $34,628 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$455.3K
$398.4K – $531.2K
NOI $31,872 @ 7.0% cap · market cap 6.40%
Theoretical Best
Specialty Retail
$545.2K
$477.1K – $636.1K
NOI $38,165 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 95815, CA
27,838
Population
10,527
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
3,615
Density / Sq Mi
$58,590
Median Household Income
$37,199
Median Earnings
$1,448
Median Rent
$298,400
Median Home Value
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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 - Two-level configuration pairs separate living spaces with garage access and a remodeled lower residence.
Where is this duplex located?
The property is located at 2916 Marysville Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 2,029‑square‑foot duplex built in 1955; Upper unit has interior stairs connecting to its dedicated garage
