Search
Duplex with Two-Car Garages
New
For Sale
$775,000

4201 Canby Way, Sacramento, CA 95822

Both residences have private backyards, and each is occupied by long-term tenants.

Property Size2,179 SF
Price / SF$355.67
Days on Market2

Property Features for 4201 Canby Way

General Information

Standard status Active
Size 2,179 SF
Total Parking Spaces 8
Property subtype Residential Income
Zoning R-1
Occupancy 100%

Site & Location

Neighborhood South Land Park

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2
Parking per Unit 2

Amenities

Fenced Yard

Building Details

Building Size 2,179 SF
Year Built 1958
Buildings 2
Stories 1
Units 2
Tenancy Multi
Listing Agency: Bruce Mills Realtor Inc.
Listed By: Dave M Donsing
Source: Busybee
Added: Oct 22 Last Checked: Oct 22 at 2:16PM

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 Bruce Mills Realtor Inc.

Rey
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 Sacramento duplex contains two 2-bedroom, 2-bathroom residences. The first is approximately 1,100 square feet; the second is approximately 1,300 square feet and includes a built-in private patio. Each unit has its own 2-car garage and backyard, with mature trees providing shade. The property was built in 1958 and is zoned R-1.

Both units are leased to long-term tenants. Updates include a roof replaced within the past 5 years, heating and cooling systems installed 3 years ago, and dual-pane windows added 4–5 years ago. The property is in South Land Park, near local parks and shopping, with commuter access to Downtown Sacramento.

Key Highlights

  • Two 2‑bedroom, 2‑bathroom units: ~1,100 sq ft and ~1,300 sq ft
  • Dedicated 2‑car garage for each residence
  • Private backyard for each unit; the larger unit also has a built‑in patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,431
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,620 $728.6K
Cap Rate 7%
$520,443 $520.4K
Cap Rate 9%
$404,789 $404.8K
Market Conditions
NOI Build-Up for 2,179 SF
Gross rent
$54.9K $25.20/SF
− Vacancy
−$2.9K −$1.32/SF
EGI
$52.0K $23.88/SF
− OpEx
−$15.6K −$7.17/SF
NOI
$36.4K $16.72/SF
Area
ZIP 95822
Vacancy
5.22%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,620
Cap Rate 7%
$520,443
Cap Rate 9%
$404,789

Alternative Uses

Best Use
Multifamily LT 5
$520.4K
$455.4K – $607.2K (±1% cap)
NOI $36,431 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$475.7K
$416.2K – $555.0K (±1% cap)
NOI $33,297 @ 7.0% cap · market cap 4.30%
Theoretical Best
Hotel Hospitality
$16.98M
$14.86M – $19.81M (±1% cap)
NOI $1,188,808 @ 7.0% cap · market cap 153.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 95822, CA

45,215
Population
17,479
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,383
Density / Sq Mi
$80,835
Median Household Income
$44,004
Median Earnings
$1,537
Median Rent
$438,400
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have private backyards, and each is occupied by long-term tenants.
Where is this duplex located?
The property is located at 4201 Canby Way Sacramento, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two 2‑bedroom, 2‑bathroom units: ~1,100 sq ft and ~1,300 sq ft; Dedicated 2‑car garage for each residence; Private backyard for each unit; the larger unit also has a built‑in patio
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved