Triplex with Two-Bedroom
4220 E Nichols Avenue, Sacramento, CA 95820
For Sale
New
$419,000
The three residences comprise two two-bedroom units and one one-bedroom unit, each with one bathroom.
Property Size2,209 SF
Price / SF$189.68
Days on Market3
Property Features for 4220 E Nichols Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
Yard Space
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Prime Realty
3941117
Listed By:
JT Terry
(626) 394-1117
Source:
Francogrouprealestate
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 9 at 2:13PM
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 Prime Realty
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Investment Insights
Based on property information with market context.
At 4220 E Nichols Avenue in Sacramento, this triplex contains 2,209 square feet across three residences. The rear house has two bedrooms; the other units include a two-bedroom, one-bathroom layout and a one-bedroom, one-bathroom layout. The property was built in 1938 and is zoned R1.
Key Highlights
- Three residences: two 2‑bedroom units and one 1‑bedroom unit
- One unit is a 2‑bedroom, 1‑bathroom layout; another has 1 bedroom and 1 bathroom
- 2,209 square feet; built in 1938
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,700
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,000
$754.0K
Cap Rate 7%
$538,571
$538.6K
Cap Rate 9%
$418,889
$418.9K
Market Conditions
NOI Build-Up for 2,209 SF
Gross rent
$57.0K $25.80/SF
− Vacancy
−$3.1K −$1.42/SF
EGI
$53.9K $24.38/SF
− OpEx
−$16.2K −$7.31/SF
NOI
$37.7K $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%
$754,000
Cap Rate 7%
$538,571
Cap Rate 9%
$418,889
Alternative Uses
Best Use
Multifamily LT 5
$538.6K
$471.3K – $628.3K
NOI $37,700 @ 7.0% cap · market cap 9.00%
Second Best
Apartment 5plus
$495.7K
$433.7K – $578.3K
NOI $34,699 @ 7.0% cap · market cap 8.28%
Theoretical Best
Specialty Retail
$593.6K
$519.4K – $692.5K
NOI $41,551 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
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Business Placement
Demographics for 95820, CA
36,848
Population
14,254
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
6,952
Density / Sq Mi
$69,905
Median Household Income
$42,244
Median Earnings
$1,646
Median Rent
$394,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - The three residences comprise two two-bedroom units and one one-bedroom unit, each with one bathroom.
Where is this triplex located?
The property is located at 4220 E Nichols Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Three residences: two 2‑bedroom units and one 1‑bedroom unit; One unit is a 2‑bedroom, 1‑bathroom layout; another has 1 bedroom and 1 bathroom; 2,209 square feet; built in 1938
