Duplex with Attached
New
For Sale
$614,900
2978 39th St, Sacramento, CA 95817
Two two-bedroom residences each include one bath, hardwood flooring, and period details.
Property Size2,158 SF
Price / SF$284.94
Days on Market7
Property Features for 2978 39th St
General Information
Standard status
Active
Size
2,158 SF
Total Parking Spaces
1
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
eXp Realty of California Inc.
9963900
Listed By:
James P. Martin
(916) 825-2669
Source:
Exprealty
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 5 at 8:36PM
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 eXp Realty of California Inc.
Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom, 1-bathroom units, with a total property size of 2,158. Both residences have hardwood floors, generously sized bedrooms, and period details. An attached one-car garage provides additional storage.
The property is within walking distance of Oak Park Triangle and UC Davis Medical Center. The lot is described as having potential for an ADU.
The property is within walking distance of Oak Park Triangle and UC Davis Medical Center. The lot is described as having potential for an ADU.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- Attached one‑car garage with additional storage
- Hardwood floors and period details in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,830
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,600
$736.6K
Cap Rate 7%
$526,143
$526.1K
Cap Rate 9%
$409,222
$409.2K
Market Conditions
NOI Build-Up for 2,158 SF
Gross rent
$55.7K $25.80/SF
− Vacancy
−$3.1K −$1.42/SF
EGI
$52.6K $24.38/SF
− OpEx
−$15.8K −$7.31/SF
NOI
$36.8K $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%
$736,600
Cap Rate 7%
$526,143
Cap Rate 9%
$409,222
Alternative Uses
Best Use
Multifamily LT 5
$526.1K
$460.4K – $613.8K
NOI $36,830 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$484.3K
$423.7K – $565.0K
NOI $33,898 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$579.9K
$507.4K – $676.5K
NOI $40,592 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 95817, CA
14,270
Population
7,014
Households
2
Avg Household Size
35
Median Age
48%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
6,204
Density / Sq Mi
$64,621
Median Household Income
$46,117
Median Earnings
$1,511
Median Rent
$500,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Two two-bedroom residences each include one bath, hardwood flooring, and period details.
Where is this duplex located?
The property is located at 2978 39th St Sacramento, CA.
What is the asking price?
The asking price for this property is $614,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; Attached one‑car garage with additional storage; Hardwood floors and period details in both residences
