4-Unit Quadplex with Attached
For Sale
$799,000
831 Cathedral Court, Sacramento, CA 95825
Four-unit residential income property with shared garages, community laundry, and a gated common yard.
Property Size3,600 SF
Days on Market185
Property Features for 831 Cathedral Court
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Quadruplex
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
shared attached garages
community laundry room
gated common yard
Central
Ceiling Fan(s)
Free Standing Refrigerator
Dishwasher
Microwave
Free Standing Electric Oven
Free Standing Electric Range
Cable Available, Sewer In & Connected, Electric, Internet Available
Building Details
Building Size
3,600 SF
Year Built
1964
Stories
2
Listing Agency:
Keller Williams Realty
(916) 813-2961
Listed By:
ANALYN MILLER · License #Dre
(916) 813-2961
Source:
Kw
Added: Feb 27
Changed: Aug 30
Last Checked: Aug 31 at 1:21AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Built in 1964, this 3,600-square-foot quadplex contains four residential units with a shared attached garage arrangement, community laundry room, and gated common yard. Interior improvements differ by unit; reported updates include cabinetry, granite countertops, newer appliances, and ceiling fans. Exterior work includes updated decking.
The property is located at 831 Cathedral Court in Sacramento’s Northrup Estates and Arden-Arcade area. Swanston Park, Arden Fair Mall, the American River, California State University, dining, and retail are identified nearby. Major freeway corridors provide access to Downtown Sacramento and surrounding employment centers.
The property is located at 831 Cathedral Court in Sacramento’s Northrup Estates and Arden-Arcade area. Swanston Park, Arden Fair Mall, the American River, California State University, dining, and retail are identified nearby. Major freeway corridors provide access to Downtown Sacramento and surrounding employment centers.
Key Highlights
- Four‑unit quadplex with 3,600 square feet of property size
- Built in 1964
- Shared attached garages and community laundry room
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
$61,440
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
7.69%
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%
$1,228,800
$1.2M
Cap Rate 7%
$877,714
$877.7K
Cap Rate 9%
$682,667
$682.7K
Market Conditions
NOI Build-Up for 3,600 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
$92.9K $25.80/SF
− Vacancy
−$5.1K −$1.42/SF
EGI
$87.8K $24.38/SF
− OpEx
−$26.3K −$7.31/SF
NOI
$61.4K $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%
$1,228,800
Cap Rate 7%
$877,714
Cap Rate 9%
$682,667
Alternative Uses
Best Use
Multifamily LT 5
$877.7K
$768.0K – $1.02M
NOI $61,440 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$807.8K
$706.9K – $942.5K
NOI $56,549 @ 7.0% cap · market cap 7.08%
Theoretical Best
Specialty Retail
$967.4K
$846.5K – $1.13M
NOI $67,716 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,900
Businesses Nearby
Explore this area
Business Placement
Demographics for 95825, CA
36,081
Population
16,803
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
4.7 sq mi
ZIP Area
7,677
Density / Sq Mi
$64,264
Median Household Income
$35,994
Median Earnings
$1,582
Median Rent
$433,500
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?
Quadplex - Four-unit residential income property with shared garages, community laundry, and a gated common yard.
Where is this quadplex located?
The property is located at 831 Cathedral Court Sacramento, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3,600 square feet of property size; Built in 1964; Shared attached garages and community laundry room
