Occupied Duplex with Two-Car
For Sale
$525,000
5917 Clover Manor Way, Sacramento, CA 95824
Two residential units provide functional living spaces, private outdoor area, and dedicated off-street parking.
Property Size1,764 SF
Price / SF$297.62
Days on Market42
Property Features for 5917 Clover Manor Way
General Information
Standard status
Active
Size
1,764 SF
Property subtype
Multi Family
Occupancy
100%
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$41,880
Public Transit
Yes
Amenities
private outdoor space
Building Details
Year Built
1965
Tenancy
Multi
Listing Agency:
Excel Realty
(510) 378-7474
Listed By:
Major Gill · License #01506201
(510) 378-7474
Source:
Exitrealty
Added: Jul 21
Changed: Aug 30
Last Checked: Jul 23 at 3:28AM
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 Excel Realty
Investment Insights
Based on property information with market context.
Built in 1965, this duplex contains two residential units with practical layouts and comfortable living areas. The unit mix includes one two-bedroom, one-bath residence and one three-bedroom, one-bath residence. Both units are currently tenant-occupied. Property features include a two-car garage, additional off-street parking, and a lot with private outdoor space.
The property is located at 5917 Clover Manor Way in Sacramento’s Parkway neighborhood. Schools, shopping, public transportation, parks, and major commuter routes are located nearby, providing convenient access to everyday services and regional travel connections.
The property is located at 5917 Clover Manor Way in Sacramento’s Parkway neighborhood. Schools, shopping, public transportation, parks, and major commuter routes are located nearby, providing convenient access to everyday services and regional travel connections.
Key Highlights
- Two‑unit duplex with a 2‑bedroom, 1‑bath unit and a 3‑bedroom, 1‑bath unit
- Both residential units are currently tenant‑occupied
- Two‑car garage with additional off‑street parking
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
$30,106
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
5.73%
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%
$602,120
$602.1K
Cap Rate 7%
$430,086
$430.1K
Cap Rate 9%
$334,511
$334.5K
Market Conditions
NOI Build-Up for 1,764 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
$45.5K $25.80/SF
− Vacancy
−$2.5K −$1.42/SF
EGI
$43.0K $24.38/SF
− OpEx
−$12.9K −$7.31/SF
NOI
$30.1K $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%
$602,120
Cap Rate 7%
$430,086
Cap Rate 9%
$334,511
Alternative Uses
Best Use
Multifamily LT 5
$430.1K
$376.3K – $501.8K
NOI $30,106 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$395.8K
$346.4K – $461.8K
NOI $27,709 @ 7.0% cap · market cap 5.28%
Theoretical Best
Specialty Retail
$474.0K
$414.8K – $553.0K
NOI $33,181 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Explore this area
Business Placement
Demographics for 95824, CA
31,524
Population
9,686
Households
3.3
Avg Household Size
33
Median Age
12%
College-Educated
69%
High-School Grad
4.0 sq mi
ZIP Area
7,881
Density / Sq Mi
$53,938
Median Household Income
$32,435
Median Earnings
$1,392
Median Rent
$322,400
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 residential units provide functional living spaces, private outdoor area, and dedicated off-street parking.
Where is this duplex located?
The property is located at 5917 Clover Manor Way Sacramento, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with a 2‑bedroom, 1‑bath unit and a 3‑bedroom, 1‑bath unit; Both residential units are currently tenant‑occupied; Two‑car garage with additional off‑street parking
