3135 Academy Way Sacramento, CA 95815
MULTI_FAMILY - Sacramento, CA
- Added:
- Feb 2, 2025
- Days on Market:
- 524
- Last Refresh:
- Jul 11 at 8:06 am
Property Features for 3135 Academy Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 7, Bathroom 2, Bedroom 5, Bathroom 6, Bathroom 4, Bedroom 2, Bedroom 3
- Parking features
- Parking Lot, Off Street
- Window features
- Window Coverings
- Interior features
- Tub w/Shower Over
- Exterior features
- Front Yard
- Appliances
- Dishwasher, Disposal, Dryer, Washer, Gas Water Heater
- Standard status
- Active
- APN
- 2650383003000
- Size
- 2,782 SF
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Number of units
- 3
- Flooring type
- Carpet, Tile, Laminate
- Building materials
- Stucco
- Roof type
- Tile
Listing agent Michael Godfrey License #01092781 (510) 407-3535
Listing office Legacy Real Estate & Assoc. 1983 2nd St., Fremont, CA (925) 447-8100
Listing date Feb 2, 2025
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.
Investment Insights
Based on property information with market context.
The property is located at 3135 Academy Way in Sacramento (95815) in a quiet area described as North Sacramento. The site is fully fenced with iron fencing, including a driveway gate and a pedestrian gate. The listing notes vacant properties to the right and left, which helps preserve a more open side setting.
Designed to support either rental income goals or multi-generational living, the layout provides separate kitchens and bathrooms across three units. Shared site privacy is reinforced by the fully fenced grounds, while the in-unit laundry setup reduces common shared-laundry friction for tenants. With three self-contained living spaces, the property can be a practical fit for buyers seeking an owner-occupied arrangement or a residential income property with independent unit amenities.
Key Highlights
- Year built 2006 stucco exterior with tile roof
- 6 bedrooms, 3 baths, and 3 kitchens with 3 separate laundry facilities
- Central air and forced‑air heating
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 | $71.8k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $67.8k | $24.38 |
| − OpEx | −$20.3k | −$7.31 |
| NOI | $47.5k | $17.07 |
