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Renovated 5-Unit Apartment Building
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3525 NORRIS AVE, Sacramento, CA 95821

Fully renovated multifamily property in a residential setting near schools, retail, dining, and employment destinations.

Property SizeContact for details
Lot Size0.56 Acres
Days on Market4

Property Features for 3525 NORRIS AVE

General Information

Standard status Active
Lot size 0.56 Acres
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 5

Building Details

Year Built 1959
Year Renovated 2023
Listing Agency: Gallelli Real Estate
Listed By: Gary Gallelli · License #CA 01099383
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 3:11PM

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 Gallelli Real Estate

Investment Insights

Based on property information with market context.

This five-unit apartment property occupies approximately 0.56 acres in Sacramento’s Arcade submarket near Carmichael. Originally constructed in 1959, the community underwent a full renovation in 2023 and is positioned within a residential neighborhood adjacent to Mira Loma High School.

The property provides access to Interstate 80 and is near Arden Fair Mall, along with shopping, dining, and employment destinations throughout the surrounding area. Its combination of five residential units, recent renovation history, and established Sacramento location supports a straightforward multifamily ownership profile.

Key Highlights

  • Five‑unit apartment community on approximately 0.56 acres
  • Fully renovated in 2023
  • Originally built in 1959

Property Analytics

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Current Use

The Ballpark On North At The High ... High School

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Electrical Service

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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

217
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?
Apartment building - Fully renovated multifamily property in a residential setting near schools, retail, dining, and employment destinations.
Where is this apartment building located?
The property is located at 3525 NORRIS AVE Sacramento, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five‑unit apartment community on approximately 0.56 acres; Fully renovated in 2023; Originally built in 1959
(916) 784-2700 Call to check price and availability
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