Updated Half-Plex with Covered
7223 Havenside Drive Sacramento, CA 95831
New
7223 Havenside Drive, Sacramento, CA, 95831
$489,900
For Sale
$489,900
Recently updated half-plex with vaulted ceilings, dual-pane windows, a covered patio, and an attached garage with storage.
Property Size1,414 SF
Price / SF$346.46
Days on Market5
Property Features for 7223 Havenside Drive
General Information
- Standard status
- Active
- Size
- 1,414 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1984
Listing agency
Grounded R.E.
(916) 600-6085
Listed by
Marcos B. Mercado · License #01956017
(916) 600-6085
Source
Exitrealty
Added: Jul 17 Updated: Jul 21 at 7:24AM Checked: Jul 21 at 7:24AM
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 Grounded R.E.
Investment Insights
Based on property information with market context.
This recently updated half-plex offers a refreshed interior with vaulted ceilings and modern comfort. The home has been freshly painted throughout, with baseboards replaced. New luxury vinyl plank flooring has been installed throughout the home. Energy-efficient updates include dual pane windows with plantation shutters, and ceiling fans in the bedrooms.
The kitchen features matching black appliances and a peninsula that provides additional counter space for everyday use and entertaining. Both bathrooms have been refreshed with new vanities, mirrors, and fixtures. Outside, the property includes a privacy-oriented yard and a covered patio that extends the living space.
An attached garage provides secure off-street parking and additional storage. Located at 7223 Havenside Drive in Sacramento, the property is described as being near shops, restaurants, and schools, with Downtown Sacramento noted as a short drive up I-5.
The kitchen features matching black appliances and a peninsula that provides additional counter space for everyday use and entertaining. Both bathrooms have been refreshed with new vanities, mirrors, and fixtures. Outside, the property includes a privacy-oriented yard and a covered patio that extends the living space.
An attached garage provides secure off-street parking and additional storage. Located at 7223 Havenside Drive in Sacramento, the property is described as being near shops, restaurants, and schools, with Downtown Sacramento noted as a short drive up I-5.
Key Highlights
- Half‑plex built in 1984 with vaulted ceilings and freshly painted interior
- Dual‑pane windows with plantation shutters plus ceiling fans in the bedrooms for energy efficiency and comfort
- New luxury vinyl plank flooring throughout; baseboards replaced
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 | $34.8k | $24.60 |
| − Vacancy | −$1.8k | −$1.28 |
| EGI | $33.0k | $23.32 |
| − OpEx | −$9.9k | −$7.00 |
| NOI | $23.1k | $16.32 |
1,414 SF · lease $24.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$329.8K
$288.5K – $384.7K
NOI $23,083 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$296.7K
$259.6K – $346.1K
NOI $20,766 @ 7.0% cap · market cap 4.24%
Theoretical Best
Hotel Hospitality
$11.02M
$9.64M – $12.86M
NOI $771,443 @ 7.0% cap · market cap 157.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Recently updated half-plex with vaulted ceilings, dual-pane windows, a covered patio, and an attached garage with storage.
Where is this duplex located?
The property is located at 7223 Havenside Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Half‑plex built in 1984 with vaulted ceilings and freshly painted interior; Dual‑pane windows with plantation shutters plus ceiling fans in the bedrooms for energy efficiency and comfort; New luxury vinyl plank flooring throughout; baseboards replaced
