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6-Unit Updated Apartment Building
For Sale
$850,000
Pending

3715 Norwood Avenue, Sacramento, CA 95838

Six two-bedroom residences with in-unit laundry, shared outdoor space, and onsite parking in an infill Sacramento setting.

Property Size750 SF
Days on Market19

Property Features for 3715 Norwood Avenue

General Information

Standard status Pending
Size 750 SF
Property subtype Multi Family

Units

Unit Mix 6 x 2BR
Multifamily Units 6

Additional Details

Highway Access Yes

Amenities

shared backyard
onsite parking
in-unit washer/dryer

Building Details

Building Size 750 SF
Year Built 1963
Listing Agency: Collier's International
Listed By: Matthew Sarro · License #01942991
Source: Teamnavigate
Added: Aug 12 Changed: Aug 28 Last Checked: Aug 29 at 1:53PM

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 Collier's International

Investment Insights

Based on property information with market context.

Built in 1963, this 6-unit apartment property contains exclusively two-bedroom residences within approximately 4,500 SF. Interior improvements include light wood flooring, refreshed bathroom finishes with tiled shower and tub surrounds, gas ranges, refrigerators, stackable washers and dryers, and wall-mounted heating and air conditioning. Some apartments also feature newer cabinetry and countertops. A shared backyard and onsite parking serve the community, while residents are responsible for gas and electricity. The property is zoned R-2A.

The location provides access to Interstate 80, with Downtown Sacramento and nearby employment centers within the surrounding commuter network. Arden Fair Mall, Target, Costco, Home Depot, shopping, dining, and everyday services are also nearby. The combination of two-bedroom layouts, updated interiors, and established neighborhood access supports continued multifamily use.

Key Highlights

  • 6‑unit apartment property built in 1963
  • Approximately 4,500 SF with six two‑bedroom units
  • Updated interiors include flooring, bathroom finishes, and select cabinetry and countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Restaurant

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

Demographics for 95838, CA

41,340
Population
12,400
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
9.2 sq mi
ZIP Area
4,493
Density / Sq Mi
$63,969
Median Household Income
$35,443
Median Earnings
$1,605
Median Rent
$369,000
Median Home Value

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 - Six two-bedroom residences with in-unit laundry, shared outdoor space, and onsite parking in an infill Sacramento setting.
Where is this apartment building located?
The property is located at 3715 Norwood Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 6‑unit apartment property built in 1963; Approximately 4,500 SF with six two‑bedroom units; Updated interiors include flooring, bathroom finishes, and select cabinetry and countertops
More about this property
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