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$1,100,000
2,836 SqFt. 226084821 MLS
RARE TURNKEY MULTIFAMILY INVESTMENT WITH EXCEPTIONAL UPSIDE! Rare opportunity to own a fully renovated fourplex offering immediate rental income, low-maintenance ownership, and outstanding future development potential. The property underwent a comprehensive renovation in October 2022, featuring modern finishes, updated systems, and improved functionality that provide today's tenants with comfort and convenience while offering investors a turnkey asset. Each of the four units features 2 bedrooms, 1 bathroom, and its own stackable washer and dryer, providing an amenity that is highly desirable in today's rental market. Tenants pay their own electricity and gas, helping reduce owner operating expenses and improve investment performance. During the 2022 renovation, the owner completed extensive improvements, including a new roof, HVAC systems, plumbing, electrical, windows, stucco, framing, kitchens, bathrooms, and bedrooms. The extensive upgrades make this an attractive, low-maintenance investment with strong long-term rental appeal. Situated on a large lot, this property offers exceptional upside beyond its current income. Potential opportunities may include splitting the lot to construct an additional fourplex or retaining the existing improvements while adding up to three Accessory Dwelling Units (ADUs), creating multiple opportunities to increase future value and cash flow. Buyer to independently verify all zoning, lot split potential, ADU opportunities, permits, development feasibility, and intended uses with the City of Sacramento and all applicable governmental agencies. Whether you are completing a a 1031 Exchange, expanding your multifamily portfolio, or searching for a quality investment with long-term appreciation potential, this property offers a rare combination of modern improvements, immediate income, and future development possibilities. Conveniently located near shopping, restaurants, schools, parks, Downtown Sacramento, Sacramento International Airport, public transportation, and major commuter routes, this property is well positioned in one of Sacramento's strongest rental markets.

431 Harding Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$850,000
3,480 SqFt. 226062508 MLS
RARE opportunity to own a well-maintained, income producing fourplex in one of Stockton's established and desirable residential neighborhoods. 3551 De Ovan Avenue stands out among residential income properties as one of the newer multifamily options in the area, offering a strong combination of location, condition, and long-term investment appeal. Proudly owned by the same family since 1981, this property reflects decades of pride of ownership and exceptional care. The property features four spacious units, each offering 2 bedrooms, 1 bathroom, approximately 889 square feet, a private 1-car garage, central heat and air and the convenience of in-unit laundry. This well-maintained property shows clear pride of ownership throughout and is surrounded by single-family homes, creating a comfortable neighborhood setting that is not always easy to find with income-producing properties. Conveniently located near I-5, University of the Pacific, shopping, dining, schools, and everyday amenities, the property offers excellent accessibility while still being tucked into an established, walkable neighborhood. Whether you are an investor looking to expand your portfolio or seeking a quality residential income property in a prime Stockton location, this Quadruplex presents a standout opportunity with strong rental appeal and future upside potential!

3551 De Ovan Avenue, Stockton

Listing courtesy of BHGRE Integrity Real Estate.

$875,000
4,696 SqFt. 226062517 MLS
RARE opportunity to own a well-maintained, income producing fourplex in one of Stockton's established and desirable residential neighborhoods. 3353 Telegraph Avenue stands out among residential income properties as one of the newer multifamily options in the area, offering a strong combination of location, condition, and long-term investment appeal. Proudly built & owned by the same family since 1981, this property reflects decades of pride of ownership and exceptional care. The property features four spacious units, each offering 2 bedrooms, 1.5 bathrooms, approximately 1,174 square feet, a private 1-car garage, central heat and air and the convenience of in-unit laundry. This well-maintained property shows clear pride of ownership throughout and is surrounded by residential homes, creating a comfortable neighborhood setting that is not always easy to find with income-producing properties. Conveniently located near I-5, University of the Pacific, shopping, dining, schools, and everyday amenities, the property offers excellent accessibility while still being tucked into an established, walkable neighborhood. Whether you are an investor looking to expand your portfolio or seeking a quality residential income property in a prime Stockton location, this Quadruplex presents a standout opportunity with strong rental appeal and future upside potential!

3353 Telegraph Avenue, Stockton

Listing courtesy of BHGRE Integrity Real Estate.

$589,000
3,000 SqFt. 226076251 MLS
Do Not Disturb Tenants. Incredible investment opportunity in a prime location. This unique income property features four detached homes on a single lot, providing an immediate cash flow from day one. It is an investor dream come true, especially with reliable tenants already in place who would love to stay. To make your transition seamless, Mountain Valley Property Management is already managing the rentals and can easily continue overseeing the property for the new owner. The property includes four distinct units, each offering unique features and privacy. Unit one, located at 18535, is a spacious three bedroom, two bathroom home that was tastefully updated just a few years ago. It features a fully fenced yard and a lovely garden space, along with ample parking for multiple vehicles and dedicated room for an RV. This house currently rents for $1,995 per month. Unit two, located at 18565, is a charming two bedroom, one bathroom home featuring a bright, open concept layout with high ceilings in the living room. It also includes its own private side yard and a covered porch. Unit three is a well designed studio that includes a functional office space, a loft, a full bathroom, a cozy living room, and a small kitchen. This unit enjoys a generous, nicely sized fenced yard. Unit four is another efficient studio layout, offering an office space, a small living room, a full kitchen, and its own private fenced yard. The entire property offers plenty of uncovered open parking spots allocated for each unit. Situated right off Highway 49, the location is unbeatable for convenience. Commuters will love the quick freeway access, making it a short drive to either downtown Grass Valley or Auburn. Residents are just minutes away from essential amenities, including Target, local shopping, and the nearby hospital. For outdoor enthusiasts, the property offers easy access to the beautiful local rivers and lakes, making this a highly desirable rental location for long term tenants. It is being sold with tenants in place and subject to tenant rights

18527 Cherry Creek Road, Grass Valley

Listing courtesy of Real Broker Technologies.

$1,599,000
4,630 SqFt. 226074712 MLS
NEW PRICE - $1,599,000 Historic Midtown Craftsman Fourplex + Flex Space $121,740 Annualized Scheduled Income A rare opportunity to acquire a stabilized multifamily property in the heart of Midtown Sacramento offering a compelling combination of income, historic character and flexibility. This 4,630 SF Craftsman fourplex generates $121,740 in annualized scheduled income, including garage income, with tenants paying their own gas and electric. At the new price, the property offers an approx. 4.9% cap rate based on normalized operating expenses. Originally built in 1900, 815 17th Street showcases the craftsmanship that makes Midtown properties so difficult to replicate, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors and extensive period millwork. The property consists of four income-producing residential units plus two income-producing garages, providing valuable off-street parking in the heart of Midtown. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area and living area. While not represented as a legal rental unit, the space provides exceptional flexibility for owner use, guests, home office, studio, fitness area, storage or other personal uses. The property has benefited from numerous improvements and ongoing maintenance, highlighted by the installation of a 50-year roof in 2022. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center and the R Street Corridor, with Midtown's restaurants, coffee shops, parks, nightlife and arts scene nearby. Now offered at $1,599,000, 815 17th Street presents a unique opportunity for investors, 1031 exchange buyers and owner-users seeking stabilized income, substantial square footage and irreplaceable historic character in one of Sacramento's most desirable urban neighborhoods.

815 17th Street, Sacramento

Listing courtesy of eXp Realty of California, Inc..

$630,000
226067714 MLS
Located in a rental-driven neighborhood, this fully occupied fourplex offers a total of 8 Bedrooms 4 Bathrooms with 3,360 Sq Ft of living space on an 8,077 Sq Ft lot. Built in 1980. Central heat and air throughout. All units are two-bedroom, one-bath layouts. An additional room can be converted into a shared laundry area to create extra income potential. Both downstairs units enjoy private backyard space, and every unit includes an additional storage room. Conveniently located near schools and parks, with shopping, freeway access, and everyday amenities just minutes away. Ideal long-term hold income property with steady rental demand. Simple buy-and-hold opportunity. Perfect for a first multifamily purchase, 1031 exchange, or portfolio expansion.

1567 Ellen Court, Merced

Listing courtesy of Keller Williams Merced.

$860,000
3,000 SqFt. 226066987 MLS
PRICE REDUCED & GREAT CONDITION: 3237 Francis Avenue, a rare updated 4-unit, all 2bed, investment opportunity in the historic Gold Country community of Placerville, CA. Three year old roof, new electrical meters, new propane tanks, all washouts and main water lines recently cleaned! Situated just a short walk from the shops and restaurants of downtown Placerville, the property benefits from an irreplaceable location with strong tenant appeal. The building consists of four (2) two-bedroom, one-bathroom units, each averaging approximately 750 square feet. The spacious floor plans and walkable location have fostered long-term tenancy, providing a stable foundation with meaningful upside through repositioning and rent growth. Placerville's multifamily market is uniquely supply-constrained. With a population of 10,656 residents and zero new market-rate multifamily construction underway or planned, the city faces a severe shortage of rental housing. At the same time, high barriers to homeownershipdriven by elevated purchase prices and interest ratesfurther constrain mobility and reinforce demand for quality rental product. This dynamic creates a favorable environment for landlords, where the cost of renting continues to represent a meaningful discount to owning.

3237 Francis Avenue, Placerville

Listing courtesy of ALIVE Commercial Real Estate.

$1,295,000
3,456 SqFt. 226064776 MLS
An exceptional, high-yield addition to your investment portfolio! Situated in the highly desirable Boulevard Park/Mansion Flats area of Midtown Sacramento, this turnkey fourplex offers a rare blend of historic charm, modern updates, and strong, immediate cash flow. Generating an impressive $7,680 per month in gross rental income, this stabilized asset is perfect for savvy investors or an owner-occupant looking to house-hack in one of the city's most rental-resilient neighborhoods. The property has been thoughtfully maintained and updated to command premium rents. Each of the four spacious units features a highly rentable layout with modern finishes, independent washers and dryers, and fully equipped kitchens with gas ranges and dishwashers. To top it off, tenants enjoy the ultimate Midtown luxury: private outdoor decks and designated off-street, uncovered parking located securely at the back of the building. Walkable and bikeable to the grid's finest dining, local coffee shops, and entertainment hubs. This property has been meticulously maintained, dramatically lowering future capital expenditure liabilities for its next owner. Over $39,000 has been reinvested across structural, cosmetic, mechanical, and safety upgrades. Midtown fourplexes of this caliber rarely hit the market fully stabilized with this level of strong cash flow. Don't miss the chance to acquire a premium piece of the Sacramento grid.

2018 G Street, Sacramento

Listing courtesy of Metro Financial Services Inc.

$900,000
3,544 SqFt. 226057208 MLS
1570 Alfred Way presents an exceptional investment opportunity in the heart of Yuba City. This well-maintained four-plex consists of four 2-bedroom, 1-bathroom units, all currently occupied by long-term tenants, providing immediate and stable cash flow with historically low vacancy. Ideal for both seasoned and first-time investors, the property offers upside potential as current rental rates are below market, leaving room for future income growth and increased returns. Additional highlights include a newer roof approximately 5 years old and an onsite coin-op laundry that can provide supplemental income. Conveniently located near Highway 99 with easy access to shopping, dining, and everyday amenities, this property combines strong investment fundamentals with long-term growth potential in a prime location.

1570 Alfred Way, Yuba City

Listing courtesy of Capital's Finest, Inc..

$614,900
3,144 SqFt. 226055804 MLS
Excellent investment opportunity in the growing Reedley market. This fully occupied fourplex features four 2-bedroom, 1-bath units totaling approximately 3,144 square feet, providing consistent rental income. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit offers long-term tenancy. Each unit includes central HVAC and indoor laundry, enhancing overall appeal. Conveniently located near schools, shopping, and commuter routes, this property is well-suited for investors seeking an income-producing asset with potential upside. Do not disturb tenants. Offers subject to inspection. Unit configuration per tax records; buyer to verify.

1405 E Cypress Avenue, Reedley

Listing courtesy of eXp Realty of Greater Los Angeles, inc..

$1,250,000
3,684 SqFt. 226054893 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5372 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,350,000
3,900 SqFt. 226054886 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5364 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$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.

$499,000
1,888 SqFt. 226034755 MLS
Tastefully updated 4-plex offering strong income potential in a convenient, centrally located setting. This property features three 1-bedroom units and one studio, with extensive upgrades including new flooring, fresh interior paint, updated trim, doors, modernized kitchens, fixtures, and wall heaters throughout. The property is currently generating $3,785/month in rental income, with additional upside of approximately $995/month by leasing the studio unitmaking this an excellent opportunity for increased cash flow. Water is paid by the owner, while tenants are responsible for trash, helping to manage operating expenses. The property is professionally managed, offering a streamlined experience for an investor seeking a turnkey or near-turnkey asset. Whether you're expanding your portfolio or stepping into multi-unit ownership, this property presents a solid blend of updates, income stability, and future potential in a desirable location. Do not disturb tenants.

164 C Street, Yuba City

Listing courtesy of Keller Williams Realty Gold Country.

$1,250,000
1,650 SqFt. 226038165 MLS
Welcome to Mansion Flats, a rare opportunity to own a classic 1890 Victorian duplex in the heart of Downtown Sacramento. This 1,700 sq ft front duplex blends historic charm with modern updates, including updated plumbing and electrical, fresh interior and exterior paint, and newly built, permitted wood stairs brought up to code. The downstairs unit has been fully renovated with new flooring, paint, and appliances, while the upstairs unit is occupied by great tenants, providing immediate income. In addition, a newly completed 930 sq ft ADU (March 2026) adds two more units, each offering 1 bedroom and 1 bathroom, significantly increasing the property's income potential. Located just minutes from the Capitol, DOCO, top restaurants, parks, and entertainment, this property offers strong cash flow potential and an unbeatable urban lifestyle. Ideal for investors or owner-occupants looking to offset their mortgage with multiple income streams. Unit 1,226 $2195 per month and the upstairs $1417 will increase to $1525 on June 1st. Downstairs ADU $1850 per month and upstairs is vacant.

1226 E Street, Sacramento

Listing courtesy of eXp Realty of California Inc..

$795,000
226036927 MLS
Welcome to the Heart of Midtown Sacramento Discover timeless elegance and unbeatable location with this Prime Midtown Victorian, a rare gem offering both historic charm and exceptional investment opportunity. Situated just blocks from the State Capitol, this centrally located property boasts unparalleled walkability and bike access to Sacramento's finest restaurants, boutiques, and entertainment venues. Midtown is celebrated for its vibrant culture, tree lined streets, and rich architectural heritage making it one of the city's most sought-after neighborhoods. With classic character this property has been owned and maintained by the same owners for over 40 years, this Victorian home retains its original charm with features such as: Gleaming hardwood floors, built-in cabinetry, authentic pocket doors and intricate woodwork throughout. Recent upgrades include a newer roof and fresh exterior paint, ensuring both beauty and durability. Endless Possibilities Whether you're dreaming of restoring a historic residence, generating rental income, this property offers versatile potential and strong long-term value. Its proximity to public transit, major employment hubs, and top-tier amenities makes it a prime candidate for consistent appreciation and reliable returns.

1212 23rd, Sacramento

Listing courtesy of Amy M. Pickart, Broker.

$729,999
4,615 SqFt. 226027384 MLS
RARE opportunity to own a well-maintained, income-producing four-plex in one of Stockton's most desirable and walkable neighborhoods. Just moments from Miracle Mile, Downtown Stockton, and the University of the Pacific (UOP). Multi-family properties with four units are becoming increasingly difficult to find, making this an exceptional opportunity for investors or owner-occupants seeking long-term value and stable cash flow. Blending timeless 1920s character with thoughtful modern updates, this charming property offers both strong investment fundamentals and an appealing lifestyle for tenants. Residents enjoy being within walking distance to an exciting mix of local restaurants featuring Japanese, Laotian, Thai, Chinese, Korean, Greek, Hispanic, and classic American cuisine, along with boutique shopping, coffee houses, breweries, ice cream shops, and vibrant neighborhood amenities. The fully occupied property features four spacious units with functional layouts designed for comfortable everyday living. The two upstairs units are occupied by long-term tenants and offer generous living spaces with separate living and family rooms, spacious kitchens, and classic architectural charm. The two downstairs units have been tastefully updated with modern finishes while preserving the property's original character. Unit 1617 is a beautifully renovated two-bedroom unit featuring a modernized kitchen and bathroom, updated flooring, contemporary lighting, and refreshed finishes throughout. Unit 1623 offers a spacious two-bedroom layout with newer flooring, countertops, appliances, updated lighting and ceiling fans, plus a cozy bedroom fireplace that adds warmth and charm. Both downstairs units enjoy access to a welcoming covered front porch, enhancing curb appeal and outdoor living space. Generating approximately $5,432 in monthly rental income and $65,184 annually, this property offers immediate cash flow with future upside potential. Priced at $729,999 with an attractive GRM of approximately 11.20% and estimate cap rate 6% to 6.5%, this investment presents a compelling opportunity in a highly desirable rental corridor. Whether you're a seasoned investor looking to expand your portfolio, or an owner-occupant interested in living in one unit while generating rental income from the others, this four-plex offers flexibility, stability, location, and long-term growth potential in the heart of Stockton.

1617 N El Dorado Street, Stockton

Listing courtesy of RE/MAX Gold Lodi.

$749,888
3,665 SqFt. 226021710 MLS
Rare Multi-Family Investment Opportunity sitting on nearly a 1/2 acre with approved plans to build another ADU! Annual rent revenue of over $76,000 per year. Four Income producing rentals across 3 buildings, plus Three detached support structures (Garage, Laundry, Storage). The package includes a standalone renovated 3-Bed/1 Bath unit, a stand alone 2 bed/1 bath and a duplex featuring a 1 bed/1 bath and a 2 bed/1 bath. Recently upgraded property including a new roof. Conveniently located minutes from shopping, grocery, hwy 80 and local schools, this property is well positioned for consistent tenant demand. Efficiently configured for low-complexity management with upside through rent optimization and laundry income. At asking, this asset offers a compelling return with a projected cap rate of over 9% - Ideal for investors and 1031 exchange buyers.

921 Rivera Drive, Sacramento

Listing courtesy of ERA Carlile Realty Group.

$1,998,700
4,022 SqFt. 426096751 MLS
Discover this well-located four-unit multifamily property in San Francisco's desirable Lone Mountain neighborhood, within the Richmond District. Surrounded by abundant green space, the property is conveniently close to Golden Gate Park, Rossi Park, and the Panhandle, offering excellent access to outdoor recreation. Its central location near Balboa Street, Clement Street, Geary Boulevard, and Masonic Avenue provides easy connectivity to major transit routes, commercial corridors, and employment centers. The building features four thoughtfully configured residential units. Unit 1 is a spacious 2-bedroom, 2-bath flat with city views and in-unit laundry. Unit 2 offers a well-appointed 1-bedroom, 1-bath layout with attractive city outlooks. Units 3 and 4 are studio units, providing flexible rental options to accommodate a range of tenant needs. With its prime location, strong unit mix, and solid rental potential, this property presents an excellent opportunity for investors seeking long-term value in a highly sought-after San Francisco neighborhood.

2427 Turk Boulevard, San Francisco

Listing courtesy of RE/MAX Gold.

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