Updated Two-Unit
For Sale
$559,500
3312 Jayanne Way, Carmichael, CA 95608
Vacant paired residences offer renovated interiors and immediate flexibility for occupancy or lease-up.
Property Size1,848 SF
Days on Market232
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Property Features for 3312 Jayanne Way
General Information
Standard status
Active
Size
1,848 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Asking Price
$595,000
Amenities
Central Forced Air
Fireplace
Cooktop - Electric
Dishwasher
Garbage Disposal
Oven - Electric
Public Utilities, Water - Public, Individual Electric Meters, Concrete, Clay
Building Details
Building Size
1,848 SF
Year Built
1976
Listing Agency:
Cornish & Carey Commercial
Listed By:
Kelly Rivett · License #01249433
(916) 569-2385
Source:
Kw
Added: Feb 25
Changed: Oct 15
Last Checked: Oct 14 at 10:03PM
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 Cornish & Carey Commercial
Investment Insights
Based on property information with market context.
This duplex contains two matching residences, each with 2 bedrooms, 1 bathroom, and 924 square feet, for a combined 1,848 square feet. Built in 1976, the property has received improvements to major systems and interior finishes, including HVAC replacements, a remodeled kitchen, refreshed bathrooms, and new exterior paint.
Both residences are currently vacant, allowing an owner-user to occupy the property or prepare the units for market-rate leasing. The asset is located in Carmichael, California, and its paired-unit configuration provides a straightforward residential income property format.
Both residences are currently vacant, allowing an owner-user to occupy the property or prepare the units for market-rate leasing. The asset is located in Carmichael, California, and its paired-unit configuration provides a straightforward residential income property format.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units, each measuring 924 square feet
- 1,848‑square‑foot duplex constructed in 1976
- Both units are currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,863
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,260
$537.3K
Cap Rate 7%
$383,757
$383.8K
Cap Rate 9%
$298,478
$298.5K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$41.0K $22.20/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$38.4K $20.77/SF
− OpEx
−$11.5K −$6.23/SF
NOI
$26.9K $14.54/SF
Area
Sacramento County, CA
Vacancy
6.46%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,260
Cap Rate 7%
$383,757
Cap Rate 9%
$298,478
Alternative Uses
Best Use
Multifamily LT 5
$383.8K
$335.8K – $447.7K
NOI $26,863 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$352.4K
$308.3K – $411.1K
NOI $24,667 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$492.3K
$430.8K – $574.4K
NOI $34,462 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
Demographics for 95608, CA
65,367
Population
27,312
Households
2.4
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
13.2 sq mi
ZIP Area
4,952
Density / Sq Mi
$83,638
Median Household Income
$45,625
Median Earnings
$1,549
Median Rent
$565,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant paired residences offer renovated interiors and immediate flexibility for occupancy or lease-up.
Where is this duplex located?
The property is located at 3312 Jayanne Way Carmichael, CA.
What is the asking price?
The asking price for this property is $559,500.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units, each measuring 924 square feet; 1,848‑square‑foot duplex constructed in 1976; Both units are currently vacant
