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Acreage Duplex with Large Shop
For Sale
$420,000

43867 Trabuco Court, Coarsegold, CA 93614

Two two-bedroom residences with separate entries, shared utilities, and foothill acreage for residential and outdoor use.

Property Size2,800 SF
Price / SF$150
Days on Market104

Property Features for 43867 Trabuco Court

General Information

Standard status Active
Size 2,800 SF
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence plumbing is in place for completion of kitchen in 2nd unit

Units

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

Additional Details

Utilities to Site Yes

Amenities

RV hookups
large metal shop

Building Details

Year Built 1999
Listing Agency: RE/MAX Gold
Listed By: Alyssia Arredondo · License #DRE #01999822
Source: Exitrealty
Added: May 20 Changed: Aug 30 Last Checked: Aug 30 at 3:03PM

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 RE/MAX Gold

Investment Insights

Based on property information with market context.

This duplex includes two residences, each configured with 2 bedrooms and 2 bathrooms, separate entry access, and shared utilities. The homes feature newer flooring, vaulted ceilings in the living rooms and select bedrooms, and kitchens with G-shaped layouts and peninsula seating. One unit is complete, while plumbing is installed for the kitchen in the second unit, subject to buyer verification.

The property encompasses over 8 acres in the foothills of Coarsegold, with seasonal creeks, foothill views, and open space. Additional improvements include RV hookups, extra propane tanks, and a large metal shop suitable for storage, equipment, or projects. The property is located at 43867 Trabuco Court and was built in 1999.

Key Highlights

  • Two units, each with 2 bedrooms and 2 bathrooms
  • Over 8 acres with seasonal creeks, foothill views, and open space
  • Large metal shop for storage, equipment, or projects

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,860
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.35%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$617,200 $617.2K
Cap Rate 7%
$440,857 $440.9K
Cap Rate 9%
$342,889 $342.9K
Market Conditions
NOI Build-Up for 2,800 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$47.7K $17.04/SF
− Vacancy
−$3.6K −$1.30/SF
EGI
$44.1K $15.74/SF
− OpEx
−$13.2K −$4.72/SF
NOI
$30.9K $11.02/SF
Area
Madera County, CA
Vacancy
7.60%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$617,200
Cap Rate 7%
$440,857
Cap Rate 9%
$342,889

Alternative Uses

Best Use
Multifamily LT 5
$440.9K
$385.8K – $514.3K (±1% cap)
NOI $30,860 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$408.0K
$357.0K – $476.1K (±1% cap)
NOI $28,563 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$1.08M
$948.1K – $1.26M (±1% cap)
NOI $75,851 @ 7.0% cap · market cap 18.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 93614, CA

11,574
Population
4,875
Households
2.4
Avg Household Size
51
Median Age
27%
College-Educated
95%
High-School Grad
128.5 sq mi
ZIP Area
90
Density / Sq Mi
$87,393
Median Household Income
$43,614
Median Earnings
$1,859
Median Rent
$355,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two two-bedroom residences with separate entries, shared utilities, and foothill acreage for residential and outdoor use.
Where is this duplex located?
The property is located at 43867 Trabuco Court Coarsegold, CA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; Over 8 acres with seasonal creeks, foothill views, and open space; Large metal shop for storage, equipment, or projects
More about this property
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