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Renovated Duplex Near UC Davis
For Sale
$563,000

3265 9th Avenue, Sacramento, CA 95817

Updated duplex near downtown Sacramento, ideal for rental income.

Property Size1,409 SF
Price / SF$399.57
Days on Market430

Property Features for 3265 9th Avenue

General Information

Standard status Active
Size 1,409 SF
Property subtype Multi-Family

Site & Location

Neighborhood Central Oak Park

Amenities

Central
Ceiling Fan(s)
Free Standing Gas Oven
Gas Water Heater
Dishwasher
Microwave
Disposal
Internet Available, Natural Gas Connected, Composition

Building Details

Building Size 1,409 SF
Year Built 1953
Stories 1
Listing Agency: Keller Williams Realty Gold Country
Listed By: Avanti Centrae · License #01745272
Source: Kw
Added: Aug 21, 2025 Changed: Oct 16 Last Checked: Oct 23 at 4:12PM

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 Keller Williams Realty Gold Country

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Investment Insights

Based on property information with market context.

This fully renovated duplex, updated in 2019, features newer roof, HVAC, plumbing, flooring, kitchens, baths, windows, iron gate, and water heaters. The property includes an updated garage and is designed for low expenses and maintenance. The layout is highly sought after, making it easy to rent at a premium. Each of the two units offers two bedrooms and one bathroom within approximately 700 square feet. Interior laundry hookups and a large kitchen enhance each unit. A two-car garage provides ample storage and off-street parking. There is a peaceful grass area behind the garage for additional outdoor living space. Located in Oak Park, one of Sacramento's fastest-growing sub-markets, the property is situated in a highly desirable rental market. It is conveniently located five minutes from downtown and close to three top-rated hospitals: UC Davis, Sutter, and Mercy, with easy access to major Sacramento freeways. The UC Davis Medical Center is less than one mile away, indicating significant neighborhood upside. The expected gross annual income is $46,800.

Key Highlights

  • Fully renovated in 2019: Enjoy a newer roof, HVAC, plumbing, flooring, kitchens, baths, windows, iron gate, and water heaters.
  • High rental income potential: Expected gross annual income of $46,800.
  • Located in Oak Park near UC Davis Medical Center, one of Sacramento's fastest‑growing sub‑markets.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,047
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,940 $480.9K
Cap Rate 7%
$343,529 $343.5K
Cap Rate 9%
$267,189 $267.2K
Market Conditions
NOI Build-Up for 1,409 SF
Gross rent
$36.4K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$34.4K $24.38/SF
− OpEx
−$10.3K −$7.31/SF
NOI
$24.0K $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%
$480,940
Cap Rate 7%
$343,529
Cap Rate 9%
$267,189

Alternative Uses

Best Use
Multifamily LT 5
$343.5K
$300.6K – $400.8K (±1% cap)
NOI $24,047 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$316.2K
$276.7K – $368.9K (±1% cap)
NOI $22,133 @ 7.0% cap · market cap 3.93%
Theoretical Best
Specialty Retail
$378.6K
$331.3K – $441.7K (±1% cap)
NOI $26,503 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex near downtown Sacramento, ideal for rental income.
Where is this duplex located?
The property is located at 3265 9th Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $563,000.
What are key features of this property?
This property features: Fully renovated in 2019: Enjoy a newer roof, HVAC, plumbing, flooring, kitchens, baths, windows, iron gate, and water heaters.; High rental income potential: Expected gross annual income of $46,800.; Located in Oak Park near UC Davis Medical Center, one of Sacramento's fastest‑growing sub‑markets.
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