Duplex with Alley
New
For Sale
$625,000
3429 4th Avenue, Sacramento, CA 95817
Two detached residences share private parking and sit on an R-2B-zoned parcel.
Property Size1,268 SF
Lot Size0.14 Acres
Price / SF$492.90
Days on Market2
Property Features for 3429 4th Avenue
General Information
Standard status
Active
Size
1,268 SF
Total Parking Spaces
6
Lot size
0.14 Acres
Property subtype
Commercial
Zoning
R-2B
Lease Term
1 Year
Site & Location
Neighborhood
North Oak Park
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Building Details
Building Size
1,268 SF
Year Built
1952
Stories
1
Units
2
Listing Agency:
Windermere Signature Properties Elk Grove
6600
Listed By:
Janet D Gibson
(916) 798-3206
Source:
Francogrouprealestate
Added: Oct 23
Last Checked: Oct 23 at 5:13PM
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 Windermere Signature Properties Elk Grove
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex property includes two detached residences on a 6,000-square-foot lot. The buildings date to 1952, and the parcel is zoned R-2B. A private parking area accommodates six cars, with access from the alley.
The property is at 3429 4th Avenue in Sacramento’s North Oak Park Aggie Square Corridor. Its two-building configuration, parking, and alley access are the key physical features.
The property is at 3429 4th Avenue in Sacramento’s North Oak Park Aggie Square Corridor. Its two-building configuration, parking, and alley access are the key physical features.
Key Highlights
- Two detached residential units
- 6,000 SF lot
- R‑2B zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,641
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,820
$432.8K
Cap Rate 7%
$309,157
$309.2K
Cap Rate 9%
$240,456
$240.5K
Market Conditions
NOI Build-Up for 1,268 SF
Gross rent
$32.7K $25.80/SF
− Vacancy
−$1.8K −$1.42/SF
EGI
$30.9K $24.38/SF
− OpEx
−$9.3K −$7.31/SF
NOI
$21.6K $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%
$432,820
Cap Rate 7%
$309,157
Cap Rate 9%
$240,456
Alternative Uses
Best Use
Multifamily LT 5
$309.2K
$270.5K – $360.7K
NOI $21,641 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$284.5K
$249.0K – $332.0K
NOI $19,918 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$340.7K
$298.1K – $397.5K
NOI $23,851 @ 7.0% cap · market cap 3.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,303
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences share private parking and sit on an R-2B-zoned parcel.
Where is this duplex located?
The property is located at 3429 4th Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two detached residential units; 6,000 SF lot; R‑2B zoning
