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Updated Duplex
For Sale
$599,000

4006 Carriebee Court, North Highlands, CA 95660

Both residences are vacant, providing flexibility to lease them or live in one while renting the other.

Property Size2,000 SF
Price / SF$299.50
Days on Market9

Property Features for 4006 Carriebee Court

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 3
Property subtype Multi-Family
Zoning RD-10

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1976
Listing Agency: Trotter Properties
Listed By: Inspired Real Estate Group Inc
Source: Inspiredrealestategroup
Added: Sep 28 Changed: Oct 6 Last Checked: Oct 5 at 6:34PM

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 Trotter Properties

Investment Insights

Based on property information with market context.

This 2,000-square-foot duplex, built in 1976, contains two separate units and will be delivered vacant. Both residences have new HVAC systems, smart thermostats, flooring, interior paint, stoves, range hoods, gutters, and security screen doors. The 4008 unit also has a remodeled bathroom and new dishwasher; 4006 includes a raised garden area.

The property is zoned RD-10, sits on a cul-de-sac, and has three garage spaces. There is no HOA. Freeways, shopping, restaurants, grocery stores, and everyday services are accessible nearby.

Key Highlights

  • Two‑unit duplex totaling 2,000 square feet
  • Both units delivered vacant
  • New HVAC systems, smart thermostats, flooring, paint, stoves, range hoods, gutters, and security screen doors in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,072
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,440 $581.4K
Cap Rate 7%
$415,314 $415.3K
Cap Rate 9%
$323,022 $323.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$44.4K $22.20/SF
− Vacancy
−$2.9K −$1.43/SF
EGI
$41.5K $20.77/SF
− OpEx
−$12.5K −$6.23/SF
NOI
$29.1K $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%
$581,440
Cap Rate 7%
$415,314
Cap Rate 9%
$323,022

Alternative Uses

Best Use
Multifamily LT 5
$415.3K
$363.4K – $484.5K (±1% cap)
NOI $29,072 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$381.4K
$333.7K – $444.9K (±1% cap)
NOI $26,696 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$532.8K
$466.2K – $621.6K (±1% cap)
NOI $37,297 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Acupuncture

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby

Demographics for 95660, CA

35,368
Population
11,433
Households
3.1
Avg Household Size
34
Median Age
11%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
5,526
Density / Sq Mi
$66,957
Median Household Income
$36,426
Median Earnings
$1,650
Median Rent
$330,600
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?
Duplex - Both residences are vacant, providing flexibility to lease them or live in one while renting the other.
Where is this duplex located?
The property is located at 4006 Carriebee Court North Highlands, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,000 square feet; Both units delivered vacant; New HVAC systems, smart thermostats, flooring, paint, stoves, range hoods, gutters, and security screen doors in both units
More about this property
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