Remodeled Duplex Income
For Sale
$589,900
Pending
4903 Travertine Circle, Sacramento, CA 95841
Turnkey duplex with two remodeled units near American River College, currently producing monthly rental income.
Property Size2,010 SF
Days on Market93
Property Features for 4903 Travertine Circle
General Information
Standard status
Pending
Size
2,010 SF
Property subtype
Multi Family
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1979
Tenancy
Multi
Listing Agency:
Realty ONE Group Complete
(916) 718-4962
Listed By:
Igor V. Musiyets · License #02034527
(916) 718-4962
Source:
Exitrealty
Added: May 15
Changed: Aug 8
Last Checked: Aug 14 at 5:11AM
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 Realty ONE Group Complete
Investment Insights
Based on property information with market context.
This recently remodeled duplex offers two separate residential units with updated finishes throughout. Both units feature updated flooring, light grey shaker-style cabinetry, quartz countertops, and stainless steel appliances. Each bathroom has been remodeled with quality craftsmanship, creating a clean, modern interior across the property. The first unit is a 2 bed/2 bath configuration, and the second unit is a 2 bed/1 bath configuration.
The property is located near American River College, with walking distance to ARC and convenient access to nearby shopping. It is also described as close to freeways and downtown, supporting practical everyday connectivity for tenants.
For investors or owner-occupants seeking a turnkey residential income property, the duplex provides separate unit layouts with currently stated in-place rents. The 2 bed/2 bath unit is rented for $2,195 per month, and the 2 bed/1 bath unit is rented for $2,050 per month. With both units refreshed with similar kitchen and bathroom updates, this configuration may appeal to tenants who prefer move-in-ready interiors while providing an investor with two income-producing apartments within one building.
The property is located near American River College, with walking distance to ARC and convenient access to nearby shopping. It is also described as close to freeways and downtown, supporting practical everyday connectivity for tenants.
For investors or owner-occupants seeking a turnkey residential income property, the duplex provides separate unit layouts with currently stated in-place rents. The 2 bed/2 bath unit is rented for $2,195 per month, and the 2 bed/1 bath unit is rented for $2,050 per month. With both units refreshed with similar kitchen and bathroom updates, this configuration may appeal to tenants who prefer move-in-ready interiors while providing an investor with two income-producing apartments within one building.
Key Highlights
- Recently remodeled duplex built in 1979, located near American River College (ARC)
- 2 bed/2 bath unit rents for $2,195/month; updated flooring, shaker cabinets, quartz countertops, and stainless appliances
- 2 bed/1 bath unit rents for $2,050/month; updated flooring, shaker cabinets, quartz countertops, and stainless appliances
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
$34,304
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
5.82%
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%
$686,080
$686.1K
Cap Rate 7%
$490,057
$490.1K
Cap Rate 9%
$381,156
$381.2K
Market Conditions
NOI Build-Up for 2,010 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
$51.9K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$49.0K $24.38/SF
− OpEx
−$14.7K −$7.31/SF
NOI
$34.3K $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 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%
$686,080
Cap Rate 7%
$490,057
Cap Rate 9%
$381,156
Alternative Uses
Best Use
Multifamily LT 5
$490.1K
$428.8K – $571.7K
NOI $34,304 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$451.0K
$394.7K – $526.2K
NOI $31,573 @ 7.0% cap · market cap 5.35%
Theoretical Best
Specialty Retail
$540.1K
$472.6K – $630.1K
NOI $37,808 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
Explore this area
Business Placement
Demographics for 95841, CA
21,873
Population
8,817
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,608
Density / Sq Mi
$62,305
Median Household Income
$40,388
Median Earnings
$1,577
Median Rent
$414,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex with two remodeled units near American River College, currently producing monthly rental income.
Where is this duplex located?
The property is located at 4903 Travertine Circle Sacramento, CA.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Recently remodeled duplex built in 1979, located near American River College (ARC); 2 bed/2 bath unit rents for $2,195/month; updated flooring, shaker cabinets, quartz countertops, and stainless appliances; 2 bed/1 bath unit rents for $2,050/month; updated flooring, shaker cabinets, quartz countertops, and stainless appliances
