Duplex with Attached
New
For Sale
$499,000
4913 Harrison St, North Highlands, CA 95660
Two-bedroom units include private yards, washer and dryer hookups, and separate attached garage parking.
Property Size1,835 SF
Price / SF$271.93
Days on Market3
Property Features for 4913 Harrison St
General Information
Standard status
Active
Size
1,835 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
washer/dryer hookups
private backyard
Building Details
Year Built
1975
Buildings
1
Listing Agency:
Windermere Signature Properties Natomas
Listed By:
Lee Xiong
Source:
Homesofgreatersacramento
Added: Sep 1
Changed: Sep 3
Last Checked: Sep 2 at 4:41PM
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 Windermere Signature Properties Natomas
Investment Insights
Based on property information with market context.
This 1,835-square-foot duplex, built in 1975, contains two matching residences with practical layouts. Each unit has 2 bedrooms, 1 bathroom, a large living room, a bright kitchen with a breakfast nook, washer and dryer hookups, and a private backyard. Attached garage capacity differs by unit, with one garage accommodating 1 car and the other accommodating 2 cars.
The property is located at 4913 Harrison Street in North Highlands, with access to the I-80 frontage road. One unit is vacant and has received professional cleaning and new interior paint. The two-unit configuration, separate outdoor areas, and attached garages support both owner-occupant and rental-income use.
The property is located at 4913 Harrison Street in North Highlands, with access to the I-80 frontage road. One unit is vacant and has received professional cleaning and new interior paint. The two-unit configuration, separate outdoor areas, and attached garages support both owner-occupant and rental-income use.
Key Highlights
- Two‑unit duplex totaling 1,835 square feet; built in 1975
- Each residence includes 2 bedrooms, 1 bathroom, and a kitchen with breakfast nook
- Attached garages provide 1‑car and 2‑car capacity, respectively
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
$26,674
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
5.35%
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%
$533,480
$533.5K
Cap Rate 7%
$381,057
$381.1K
Cap Rate 9%
$296,378
$296.4K
Market Conditions
NOI Build-Up for 1,835 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
$40.7K $22.20/SF
− Vacancy
−$2.6K −$1.43/SF
EGI
$38.1K $20.77/SF
− OpEx
−$11.4K −$6.23/SF
NOI
$26.7K $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 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%
$533,480
Cap Rate 7%
$381,057
Cap Rate 9%
$296,378
Alternative Uses
Best Use
Multifamily LT 5
$381.1K
$333.4K – $444.6K
NOI $26,674 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$349.9K
$306.2K – $408.2K
NOI $24,494 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$488.9K
$427.8K – $570.3K
NOI $34,220 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
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
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 - Two-bedroom units include private yards, washer and dryer hookups, and separate attached garage parking.
Where is this duplex located?
The property is located at 4913 Harrison St North Highlands, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,835 square feet; built in 1975; Each residence includes 2 bedrooms, 1 bathroom, and a kitchen with breakfast nook; Attached garages provide 1‑car and 2‑car capacity, respectively
