Updated Duplex with In-Unit Laundry
698 Eleanor Avenue Sacramento, CA 95815
For Sale
$395,000
Duplex features two 2-bedroom, 1-bath units, each with laundry room or hookups, with recent updates across both sides.
Property Size1,820 SF
Price / SF$217.03
Days on Market87
Property Features for 698 Eleanor Avenue
General Information
- Standard status
- Active
- Size
- 1,820 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing Agency:
GUIDE Real Estate
(916) 223-9077
Listed By:
Brian L. Mitry · License #01414124
(916) 223-9077
Source:
Exitrealty
Added: Apr 30
Changed: Jul 23
Last Checked: Jul 24 at 6:18AM
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 GUIDE Real Estate
Investment Insights
Based on property information with market context.
For sale: an updated duplex at 694–698 Eleanor Ave featuring two separate units. The property totals 1,820 square feet and provides 2 bedrooms and 1 bath per side, with approximately 910 square feet in each unit. Each unit includes a laundry room with hookups.
Recent updates noted within the last three years include improvements to both units. Unit 694 features updated kitchen cabinets, laminate flooring in the bedrooms, and a refrigerator. A water heater was also installed with permit and inspection. Unit 698 includes carpet in the bedrooms.
This layout supports independent, side-by-side living within the duplex configuration, with laundry available for each unit.
Recent updates noted within the last three years include improvements to both units. Unit 694 features updated kitchen cabinets, laminate flooring in the bedrooms, and a refrigerator. A water heater was also installed with permit and inspection. Unit 698 includes carpet in the bedrooms.
This layout supports independent, side-by-side living within the duplex configuration, with laundry available for each unit.
Key Highlights
- Duplex at 694‑698 Eleanor Ave with 1,820 sq ft total and two units
- Each unit offers 2 bedrooms, 1 bath, and includes a laundry room or hookups
- Unit 694: updated with kitchen cabinets, laminate flooring in bedrooms, and a refrigerator
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 | $47.0k | $25.80 |
| − Vacancy | −$2.6k | −$1.42 |
| EGI | $44.4k | $24.38 |
| − OpEx | −$13.3k | −$7.31 |
| NOI | $31.1k | $17.07 |
1,820 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$443.7K
$388.3K – $517.7K
NOI $31,061 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$408.4K
$357.4K – $476.5K
NOI $28,589 @ 7.0% cap · market cap 7.24%
Theoretical Best
Specialty Retail
$489.1K
$427.9K – $570.6K
NOI $34,234 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex features two 2-bedroom, 1-bath units, each with laundry room or hookups, with recent updates across both sides.
Where is this duplex located?
The property is located at 698 Eleanor Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Duplex at 694‑698 Eleanor Ave with 1,820 sq ft total and two units; Each unit offers 2 bedrooms, 1 bath, and includes a laundry room or hookups; Unit 694: updated with kitchen cabinets, laminate flooring in bedrooms, and a refrigerator
