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Updated Residential Income Property
For Sale
$379,777

3047 Bridgeford Drive, Sacramento, CA 95833

Two-bedroom, two-bath half plex with refreshed kitchen and bathrooms near everyday amenities and freeway access.

Property Size944 SF
Price / SF$402.31
Days on Market53

Property Features for 3047 Bridgeford Drive

General Information

Standard status Active
Size 944 SF
Property subtype Multi Family

Site & Location

Neighborhood South Natomas
Highway Access Yes

Additional Details

Multifamily Units 1

Building Details

Year Built 1984
Listing Agency: eXp Realty of California Inc.
Listed By: Tara L. Trujillo · License #01999332
Source: Exitrealty
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 23 at 5:00AM

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.

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Investment Insights

Based on property information with market context.

This residential income property is a 944-square-foot half plex built in 1984, offering two bedrooms and two bathrooms in a practical residential layout. The kitchen and bathrooms have been updated, providing refreshed finishes within an established home configuration.

The property is located in Sacramento’s Natomas area, with schools, shopping, dining, parks, and daily services nearby. Freeway access supports travel throughout Sacramento. The address is 3047 Bridgeford Drive, Sacramento, CA 95833.

Key Highlights

  • Two‑bedroom, two‑bathroom half plex
  • 944 square feet of living area
  • Updated kitchen and bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,828
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,560 $296.6K
Cap Rate 7%
$211,829 $211.8K
Cap Rate 9%
$164,756 $164.8K
Market Conditions
NOI Build-Up for 944 SF
Gross rent
$28.3K $30.00/SF
− Vacancy
−$1.4K −$1.44/SF
EGI
$27.0K $28.56/SF
− OpEx
−$12.1K −$12.85/SF
NOI
$14.8K $15.71/SF
Area
Sacramento, CA
Vacancy
4.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,560
Cap Rate 7%
$211,829
Cap Rate 9%
$164,756

Alternative Uses

Best Use
Apartment 5plus
$211.8K
$185.4K – $247.1K (±1% cap)
NOI $14,828 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$253.7K
$222.0K – $296.0K (±1% cap)
NOI $17,757 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 95833, CA

40,195
Population
16,751
Households
2.4
Avg Household Size
34
Median Age
32%
College-Educated
89%
High-School Grad
8.1 sq mi
ZIP Area
4,962
Density / Sq Mi
$87,016
Median Household Income
$50,997
Median Earnings
$1,835
Median Rent
$439,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom, two-bath half plex with refreshed kitchen and bathrooms near everyday amenities and freeway access.
Where is this residential income property located?
The property is located at 3047 Bridgeford Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $379,777.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom half plex; 944 square feet of living area; Updated kitchen and bathrooms
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