Victorian Duplex with Basement
For Sale
$699,999
916 U Street, Sacramento, CA 95818
Victorian duplex offers two one-bedroom units with updated kitchens and a basement space with power and water access.
Property Size1,488 SF
Days on Market80
Property Features for 916 U Street
General Information
Standard status
Active
Size
1,488 SF
Property subtype
Duplex
Occupancy
100%
Building Details
Building Size
1,488 SF
Year Built
1915
Buildings
1
Stories
2
Construction
Victorian
Tenancy
Multi
Listing Agency:
Dynamic Real Estate
(916) 304-3471
Listed By:
Jessica Arce · License #01964063
Source:
Teamnavigate
Added: May 19
Changed: Jul 30
Last Checked: Aug 6 at 3:54AM
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 Dynamic Real Estate
Investment Insights
Based on property information with market context.
Built in 1915, this Victorian duplex provides two one-bedroom, one-bath units with original character and architectural details throughout. Both units include updated kitchens featuring stainless steel appliances, along with hardwood flooring and other period-inspired finishes. The downstairs layout highlights Craftsman details, original built-ins, decorative pillars, and large windows, with a private staircase that leads directly to the backyard. The upstairs unit features a private landing entry, wood floors, fresh paint, a spacious living room with an alcove, and a generously sized bedroom with a walk-in closet.
The property’s exterior showcases classic Victorian curb appeal, including a steep gabled roofline, covered front porch, and raised foundation, with updated sage green paint and crisp white trim.
A key feature is the basement, previously used as a third unit. The space has power and water access already in place, supporting a range of options such as expanding usable living area, adding storage, or developing an additional income-producing unit.
The property’s exterior showcases classic Victorian curb appeal, including a steep gabled roofline, covered front porch, and raised foundation, with updated sage green paint and crisp white trim.
A key feature is the basement, previously used as a third unit. The space has power and water access already in place, supporting a range of options such as expanding usable living area, adding storage, or developing an additional income-producing unit.
Key Highlights
- Built in 1915 Victorian duplex with original character and architectural details
- Two one‑bedroom, one‑bath units with updated kitchens and stainless steel appliances
- Basement previously used as a third unit with power and water access in place
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
$25,395
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
3.63%
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%
$507,900
$507.9K
Cap Rate 7%
$362,786
$362.8K
Cap Rate 9%
$282,167
$282.2K
Market Conditions
NOI Build-Up for 1,488 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
$38.4K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.3K $24.38/SF
− OpEx
−$10.9K −$7.31/SF
NOI
$25.4K $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%
$507,900
Cap Rate 7%
$362,786
Cap Rate 9%
$282,167
Alternative Uses
Best Use
Multifamily LT 5
$362.8K
$317.4K – $423.3K
NOI $25,395 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$333.9K
$292.2K – $389.6K
NOI $23,374 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$399.8K
$349.9K – $466.5K
NOI $27,989 @ 7.0% cap · market cap 4.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 95818, CA
22,375
Population
11,301
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,737
Density / Sq Mi
$120,509
Median Household Income
$72,803
Median Earnings
$1,650
Median Rent
$768,700
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 - Victorian duplex offers two one-bedroom units with updated kitchens and a basement space with power and water access.
Where is this duplex located?
The property is located at 916 U Street Sacramento, CA.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Built in 1915 Victorian duplex with original character and architectural details; Two one‑bedroom, one‑bath units with updated kitchens and stainless steel appliances; Basement previously used as a third unit with power and water access in place
