Duplex with Two 2-Bedroom
5512 Mike Arthur Court Citrus Heights, CA 95610
5512 Mike Arthur Court, Citrus Heights, CA, 95610
$660,000
For Sale
$660,000
Well-maintained duplex with two bedrooms and two baths on each side, plus private 2-car garages.
Property Size2,164 SF
Lot Size0.28 Acres
Price / SF$304.99
Days on Market20
Property Features for 5512 Mike Arthur Court
General Information
- Standard status
- Active
- Size
- 2,164 SF
- Lot size
- 0.28 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1977
Listing agency
Fathom Realty Group, Inc.
(916) 770-7783
Listed by
Alexandru P. Sirb · License #01945322
(916) 770-7783
Source
Exitrealty
Added: Jul 3 Updated: Jul 21 at 10:15PM Checked: Jul 21 at 10:15PM
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 Fathom Realty Group, Inc.
Investment Insights
Based on property information with market context.
This well-maintained duplex features two separate units, each offering 2 bedrooms and 2 bathrooms. Unit 1 is currently rented at $2,176 per month. Unit 2 was recently rented at the same rate and is now vacant, creating flexibility for an owner-occupant or a new tenant.
Each unit includes its own 2-car garage. The property sits on a 0.28-acre lot with large yards. The exterior space is a standout feature for tenant enjoyment, and it may also provide room to consider additional uses such as an ADU, subject to local zoning requirements.
Located on a quiet cul-de-sac in a stable, family-friendly neighborhood, this 5512–5514 Mike Arthur Court duplex is offered for sale as a residential income property with an easy, straightforward layout and an updated leasing option with Unit 2 available.
Each unit includes its own 2-car garage. The property sits on a 0.28-acre lot with large yards. The exterior space is a standout feature for tenant enjoyment, and it may also provide room to consider additional uses such as an ADU, subject to local zoning requirements.
Located on a quiet cul-de-sac in a stable, family-friendly neighborhood, this 5512–5514 Mike Arthur Court duplex is offered for sale as a residential income property with an easy, straightforward layout and an updated leasing option with Unit 2 available.
Key Highlights
- Duplex built in 1977 with 2 bedrooms and 2 bathrooms on each side
- Unit 1 is currently rented for $2,176/month
- Unit 2 was recently rented for $2,176/month and is now vacant
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.0k | $22.20 |
| − Vacancy | −$3.1k | −$1.43 |
| EGI | $44.9k | $20.77 |
| − OpEx | −$13.5k | −$6.23 |
| NOI | $31.5k | $14.54 |
2,164 SF · lease $22.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$449.4K
$393.2K – $524.3K
NOI $31,456 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$412.6K
$361.1K – $481.4K
NOI $28,885 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$576.5K
$504.4K – $672.6K
NOI $40,355 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Annie’s car
Apartment Building
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two bedrooms and two baths on each side, plus private 2-car garages.
Where is this duplex located?
The property is located at 5512 Mike Arthur Court Citrus Heights, CA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Duplex built in 1977 with 2 bedrooms and 2 bathrooms on each side; Unit 1 is currently rented for $2,176/month; Unit 2 was recently rented for $2,176/month and is now vacant