Duplex with Covered
298 H Street, Lincoln, CA 95648
For Sale
$575,000
Both homes include private outdoor space and attached garage parking.
Property Size1,980 SF
Days on Market11
Property Features for 298 H Street
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Tenant in Place
Amenities
private covered patio
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Coldwell Banker Realty
Listed By:
Jane Miller · License #00640671
(916) 799-7397
Source:
Teamnavigate
Added: Oct 30
Changed: Nov 9
Last Checked: Nov 8 at 4:26PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Built in 1990, this duplex contains two residences, each with 2 bedrooms, 1 bathroom, a covered patio, and a 2-car garage. The property occupies a corner lot in downtown Lincoln, California.
Both units are occupied by long-term tenants. The roof, HVAC systems, and water heaters are each less than 10 years old.
Both units are occupied by long-term tenants. The roof, HVAC systems, and water heaters are each less than 10 years old.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Each unit includes a covered patio and a 2‑car garage
- Both units have long‑term tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,426
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,520
$668.5K
Cap Rate 7%
$477,514
$477.5K
Cap Rate 9%
$371,400
$371.4K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$50.4K $25.44/SF
− Vacancy
−$2.6K −$1.32/SF
EGI
$47.8K $24.12/SF
− OpEx
−$14.3K −$7.24/SF
NOI
$33.4K $16.88/SF
Area
Placer County, CA
Vacancy
5.20%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,520
Cap Rate 7%
$477,514
Cap Rate 9%
$371,400
Alternative Uses
Best Use
Multifamily LT 5
$477.5K
$417.8K – $557.1K
NOI $33,426 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$435.8K
$381.3K – $508.4K
NOI $30,503 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$766.5K
$670.7K – $894.3K
NOI $53,656 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
Explore this area
Business Placement
Demographics for 95648, CA
54,483
Population
22,095
Households
2.5
Avg Household Size
45
Median Age
38%
College-Educated
94%
High-School Grad
144.3 sq mi
ZIP Area
378
Density / Sq Mi
$108,200
Median Household Income
$58,255
Median Earnings
$2,054
Median Rent
$635,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Placer County, CA
Properties on Market for Duplexes in Placer County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both homes include private outdoor space and attached garage parking.
Where is this duplex located?
The property is located at 298 H Street Lincoln, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Each unit includes a covered patio and a 2‑car garage; Both units have long‑term tenants
