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    Carmichael, CA
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    Carmichael, CA Residential Income Properties for Sale

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    Duplex with Private Backyard Spaces
    Updated: May 28
    Duplex with Private Backyard Spaces

    5123 Kenneth Avenue, Carmichael, CA 95608

    $785,000
    2,500 sqft
    Two‑unit duplex built in 1941 with two separate homes: 5121 (3 bed/2 bath ~1300 SF) and 5123 (2 bed/1 bath ~1000 SF).
    Gated property with parking for up to eight vehicles via two gravel driveways, plus a tandem 2‑car garage.
    Unit 5121 has an extra‑large master suite, a front deck, and a private backyard; unit needs additional updating.
    Unit 5123 features a newly updated open‑concept living, dining and kitchen (photos reflect 2026 update) and a private backyard.
    Storage and hobby options include a new storage workshop room with rear garage access and washer/dryer hookups.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5123 Kenneth Avenue, Carmichael, CA 95608

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $519K
      Suggested
    View Property Analytics
    Turnkey Carmichael Duplex
    Updated: Jul 3
    Turnkey Carmichael Duplex

    3964 Queenston Court, Carmichael, CA 95608

    $595,000
    1,820 sqft
    1973‑built duplex on a quiet cul‑de‑sac with both units currently tenant occupied.
    Both units have 12‑month lease agreements in place.
    About two years ago, both units received extensive interior renovations, including new kitchens with updated cabinetry and finishes.
    Renovations also include remodeled bathrooms, new flooring throughout, and fresh interior paint.
    Duplex offers two recently renovated, tenant‑occupied units with reduced maintenance from recent upgrades.
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Carmichael, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex Residential Income Opportunity
    Duplex Residential Income Opportunity

    4917 Orchid WAY, Sacramento, CA 95841

    $560,000
    1,614 sqft 0.15 AC lot

    Two-unit residential income property offered individually or as part of a five-duplex portfolio package.

    View details
    Duplex with Fenced Backyards
    Duplex with Fenced Backyards

    2734 El Caprice Drive, Rancho Cordova, CA 95670

    $615,000
    2,418 sqft

    Two-unit duplex with fenced backyards, including a remodeled vacant unit and an occupied unit with a new HVAC.

    View details
    Remodeled Duplex Income Property
    Remodeled Duplex Income Property

    4903 Travertine Circle, Sacramento, CA 95841

    $589,900
    2,010 sqft

    Turnkey duplex with two remodeled units near American River College, currently producing monthly rental income.

    View details
    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    10237 Agnes Circle, Rancho Cordova, CA 95670

    $598,000

    Well-maintained duplex offering two separate units, each with a 1-car garage for flexible ownership or rental use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Carmichael Colony Land Opportunity
    Carmichael Colony Land Opportunity

    3252 Panama, Carmichael, CA 95608

    $199,999

    Land for sale in Carmichael Colony Neighborhood.

    View details
    Approved Condo Development Opportunity
    Approved Condo Development Opportunity

    1523 E Street, Sacramento, CA 95814

    $1,100,000

    Approved 9-unit condo development site in Sacramento's urban core.

    View details
    West Sacramento Waterfront Development Opportunity
    West Sacramento Waterfront Development Opportunity

    224 E Street, West Sacramento, CA 95605

    $4,774,800
    63,664 sqft 1.50 AC lot

    1.5-acre infill development opportunity in West Sacramento's Washington District.

    View details
    Land on Baseline Road Corner
    Land on Baseline Road Corner

    7920 COUNTRY ACRES Lane, Elverta, CA 95626

    $33,800,000

    Corner parcel located on Baseline Road and Country Acres Lane.

    View details

    Off-Market Properties in Carmichael, CA

    Consider similar Off-Market properties in Carmichael, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6004 Rutland Dr
    APARTMENT HOUSE (5+ UNITS)

    6004 Rutland Dr, Carmichael, CA 95608-0537

    $7,105,000
    Estimated value
    30,171 sqft 1.92 AC lot
    View details
    5800 Fair Oaks Blvd
    APARTMENT HOUSE (5+ UNITS)

    5800 Fair Oaks Blvd, Carmichael, CA 95608-5268

    $4,720,000
    Estimated value
    31,798 sqft 1.18 AC lot
    View details
    4735 Marconi Ave
    APARTMENT HOUSE (5+ UNITS)

    4735 Marconi Ave, Carmichael, CA 95608-3551

    Value Estimation by Request
    22,536 sqft 1.02 AC lot
    View details
    3217 Walnut Ave
    APARTMENT HOUSE (5+ UNITS)

    3217 Walnut Ave, Carmichael, CA 95608-3684

    $3,065,000
    Estimated value
    18,000 sqft 0.90 AC lot
    View details
    6145 Fair Oaks Blvd
    APARTMENT HOUSE (5+ UNITS)

    6145 Fair Oaks Blvd, Carmichael, CA 95608-4815

    $5,635,000
    Estimated value
    43,809 sqft 2.08 AC lot
    View details
    6425 Miles Ln
    APARTMENT HOUSE (5+ UNITS)

    6425 Miles Ln, Carmichael, CA 95608-2498

    $1,150,000
    Estimated value
    4,848 sqft 0.34 AC lot
    View details
    5600 Marconi Ave
    APARTMENT HOUSE (100+ UNITS)

    5600 Marconi Ave, Carmichael, CA 95608-4428

    $21,000,000
    Estimated value
    110,533 sqft 4.17 AC lot
    View details
    5955 Sutter Ave
    APARTMENT HOUSE (5+ UNITS)

    5955 Sutter Ave, Carmichael, CA 95608-2744

    $3,650,000
    Estimated value
    17,400 sqft 1.44 AC lot
    View details
    4849 Manzanita Ave
    APARTMENT HOUSE (5+ UNITS)

    4849 Manzanita Ave, Carmichael, CA 95608-0800

    $14,890,000
    Estimated value
    81,524 sqft 4.94 AC lot
    View details
    5344 Marconi Ave
    APARTMENT HOUSE (100+ UNITS)

    5344 Marconi Ave, Carmichael, CA 95608-4385

    $9,715,000
    Estimated value
    92,840 sqft 0.89 AC lot
    View details
    5344 Marconi Ave
    APARTMENT HOUSE (100+ UNITS)

    5344 Marconi Ave, Carmichael, CA 95608-4385

    $10,065,000
    Estimated value
    92,840 sqft 4.68 AC lot
    View details
    4700 Marconi Ave
    APARTMENT HOUSE (100+ UNITS)

    4700 Marconi Ave, Carmichael, CA 95608-3552

    $12,205,000
    Estimated value
    115,212 sqft 4.15 AC lot
    View details
    5200 Arden Way
    APARTMENT HOUSE (5+ UNITS)

    5200 Arden Way, Carmichael, CA 95608-6038

    $8,595,000
    Estimated value
    69,335 sqft 3.88 AC lot
    View details
    5939 Sutter Ave
    APARTMENT HOUSE (5+ UNITS)

    5939 Sutter Ave, Carmichael, CA 95608-2733

    $6,625,000
    Estimated value
    26,242 sqft 1.34 AC lot
    View details
    4725 Marconi Ave
    APARTMENT HOUSE (5+ UNITS)

    4725 Marconi Ave, Carmichael, CA 95608-3555

    $6,035,000
    Estimated value
    29,496 sqft 1.11 AC lot
    View details
    5155 Arden Way
    APARTMENT HOUSE (5+ UNITS)

    5155 Arden Way, Carmichael, CA 95608-6041

    $6,220,000
    Estimated value
    26,287 sqft 1.02 AC lot
    View details
    5141 El Camino Ave
    APARTMENT HOUSE (5+ UNITS)

    5141 El Camino Ave, Carmichael, CA 95608-5069

    Value Estimation by Request
    9,000 sqft 0.72 AC lot
    View details
    2625 Carmichael Way
    APARTMENT HOUSE (5+ UNITS)

    2625 Carmichael Way, Carmichael, CA 95608-5301

    $4,335,000
    Estimated value
    13,576 sqft 0.65 AC lot
    View details
    2601 Carmichael Way
    APARTMENT HOUSE (5+ UNITS)

    2601 Carmichael Way, Carmichael, CA 95608-5386

    $4,330,000
    Estimated value
    13,256 sqft 0.63 AC lot
    View details
    5325 Marconi Ave
    APARTMENT HOUSE (100+ UNITS)

    5325 Marconi Ave, Carmichael, CA 95608-4384

    $19,315,000
    Estimated value
    60,854 sqft 2.96 AC lot
    View details
    5307 Marconi Ave
    APARTMENT HOUSE (5+ UNITS)

    5307 Marconi Ave, Carmichael, CA 95608-4383

    $16,455,000
    Estimated value
    57,536 sqft 2.57 AC lot
    View details
    8670 Fair Oaks Blvd
    APARTMENT HOUSE (5+ UNITS)

    8670 Fair Oaks Blvd, Carmichael, CA 95608-2524

    $9,090,000
    Estimated value
    33,444 sqft 1.78 AC lot
    View details

    Carmichael, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Carmichael, CA on our real estate platform. These investment opportunities span a total of 4,320 square feet of properties for sale, with an estimated market value of $1,380,000.

    Sale prices for residential income properties in Carmichael, CA start at $595,000, averaging $690,000, and reaching up to $785,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Duplexes 2

    Demographics Overview

    Population 84K
    Population Growth (5Y) +2.5%
    Median Household Income $78,264
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Carmichael submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95608 $785K

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Property Tax per SF $14.48 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sacramento County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Carmichael fall within the 50,000 to 100,000 square foot range.

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