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Duplex with Attached Garages
For Sale
$550,000

3158 Jersey Way, Sacramento, CA 95821

Both two-bedroom apartments are occupied by long-term tenants and include individual backyard space.

Property Size1,800 SF
Days on Market10

Property Features for 3158 Jersey Way

General Information

Standard status Active
Size 1,800 SF
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

updated kitchen
granite countertops
gas range
wood-burning fireplace
inside laundry
stackable washer/dryer
attached garage
automatic opener
ducted heat pump mini-split systems
landscaped front yards
spacious backyard

Building Details

Building Size 1,800 SF
Year Built 1950
Tenancy Multi
Listing Agency: McMartin Realty
Listed By: Brian McMartin · License #00997069
Source: Teamnavigate
Added: Sep 28 Changed: Oct 6 Last Checked: Oct 5 at 11:18PM

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 McMartin Realty

Investment Insights

Based on property information with market context.

This 1,800-square-foot duplex, built in 1950, contains two apartments, each with two bedrooms and one bathroom. Interior features include updated kitchens with granite countertops and gas ranges, wood-burning fireplaces, and in-unit laundry with stackable washers and dryers. Each unit also has an attached garage with an automatic opener, a ducted heat-pump mini-split system for heating and cooling, a landscaped front yard, and a backyard. Both apartments are occupied by long-term tenants.

Key Highlights

  • 1,800‑square‑foot duplex built in 1950
  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Updated kitchens with granite countertops and gas ranges

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,720
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,400 $614.4K
Cap Rate 7%
$438,857 $438.9K
Cap Rate 9%
$341,333 $341.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$46.4K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$43.9K $24.38/SF
− OpEx
−$13.2K −$7.31/SF
NOI
$30.7K $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%
$614,400
Cap Rate 7%
$438,857
Cap Rate 9%
$341,333

Alternative Uses

Best Use
Multifamily LT 5
$438.9K
$384.0K – $512.0K (±1% cap)
NOI $30,720 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$403.9K
$353.4K – $471.2K (±1% cap)
NOI $28,274 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$483.7K
$423.2K – $564.3K (±1% cap)
NOI $33,858 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Garden Center Florist (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,067
Businesses Nearby

Demographics for 95821, CA

39,310
Population
16,403
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$58,331
Median Household Income
$41,630
Median Earnings
$1,342
Median Rent
$470,900
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both two-bedroom apartments are occupied by long-term tenants and include individual backyard space.
Where is this duplex located?
The property is located at 3158 Jersey Way Sacramento, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,800‑square‑foot duplex built in 1950; Two apartments, each with 2 bedrooms and 1 bathroom; Updated kitchens with granite countertops and gas ranges
More about this property
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