Mokelumne Hill Homes with Quadruplex Property Subtype

Mokelumne Hill Homes with Quadruplex Property Subtype

Welcome to Mokelumne Hill, a charming gem nestled in the heart of Calaveras County, California. This historic town, rich in Gold Rush heritage, offers a picturesque setting surrounded by rolling hills, vibrant oak trees, and the serene Mokelumne River. With its quaint downtown area featuring unique shops, delightful eateries, and a warm sense of community, Mokelumne Hill is an ideal place for those seeking a tranquil lifestyle while still being close to modern amenities.

For real estate enthusiasts, Mokelumne Hill presents an exciting opportunity with its diverse housing options, including the increasingly popular quadruplex properties. A quadruplex, which consists of four individual units within a single building, offers a unique investment opportunity for both seasoned investors and first-time buyers. This property subtype allows for multiple streams of rental income while providing the advantage of shared maintenance and management costs.

Imagine living in one unit while renting out the others, or perhaps investing in a property that caters to the growing demand for multi-family living in this idyllic town. The quadruplex homes in Mokelumne Hill are often designed with charm and functionality, featuring spacious layouts, modern amenities, and outdoor spaces that embrace the beauty of the surrounding landscape.

Whether you’re looking to invest or settle down, Mokelumne Hill’s quadruplex properties provide a wonderful blend of community spirit, natural beauty, and promising financial potential. Discover your dream home in this enchanting town, where history meets opportunity!

Newest Mokelumne Hill Homes with Quadruplex Property Subtype

$279,500
2,490 SqFt. ⋅ 226048548 MLS
Discover a rare investment opportunity on a spacious 5-acre parcel featuring four established rental homes that are currently occupied and generating income. This property delivers immediate cash flow while offering significant upside through targeted improvements and development potential. The four homes provide much-needed affordable housing in the area, attracting reliable tenants and creating a built-in demand for these practical, no-frills residences. While the units would benefit from cosmetic and functional updates (a classic value-add project), they are fully functional and continue to perform as solid rental producers. Rental income varies with market conditions and tenant turnover, but the portfolio has demonstrated consistent occupancy and long-term tenant retention. A standout feature is the existing foundation of a small burned unit, offering a straightforward path to rebuild and restore an additional dwelling. Combined with the possibility of developing one more unit on the expansive grounds (subject to local zoning and approvals), this property has clear potential to expand to five income streamsdramatically increasing net operating income for the savvy investor. Additional property highlights include: Shared well system with electricity paid by the owner and billed back to tenantsproviding a simple, transparent utility arrangement that keeps operations straightforward. Ample acreage for privacy, future expansion, outbuildings, or added amenities that could further boost appeal and rents.Strong investor appeal in a market hungry for affordable rental housing with room to scale. Whether you're looking to stabilize and grow an existing rental portfolio, undertake a value-add renovation for higher rents, or capitalize on the extra-unit potential, this 5-acre gem checks all the boxes for long-term cash flow and appreciation. The current setup delivers hands-off income today while the land and extra foundation unlock tomorrow's growth. Ideal for investors, developers, or owner-operators seeking a turnkey income producer with built-in upside. Serious inquiries onlyproof of funds requested. Contact agent today for detailed financials, rent rolls, and a private showing. Don't miss this chance to own a piece of scalable, affordable housing real estate on prime acreage!

27 Ridge Road, Mokelumne Hill

Listing courtesy of Big Trees Real Estate.

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