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Two Homes on One Lot in Downtown Rocklin! Rare opportunity just one block from Quarry Park and close to shopping, dining, and all that Downtown Rocklin has to offer. The lot is splittable into two separate parcels, offering additional flexibility and future investment potential. The main home is approximately 1,484 sq. ft. and has been fully remodeled from top to bottom, including a new roof, plumbing, electrical, and HVAC system. The interior features fresh texture and paint, laminate flooring, modern kitchen cabinets, updated countertops, and excellent curb appeal. The main home is configured as two units: a 2-bedroom, 1-bath and a separate 1-bedroom, 1-bath unit. The second home is a brand-new approximately 750 sq. ft. detached ADU featuring 2 bedrooms, 1 bathroom, an open-concept layout, modern finishes, and plenty of natural light. With multiple living spaces and the potential to split the property into two separate parcels, this property offers excellent flexibility for an investor, multi-generational living, or an owner looking to live in one unit while generating rental income from the others. Turnkey property in a prime Downtown Rocklin location!

1,284 SqFt. ⋅ 226133764 MLS

Two Homes on One Lot in Downtown Rocklin! Rare opportunity just one block from Quarry Park and close to shopping, dining, and all that Downtown Rocklin has to offer. The lot is splittable into two separate parcels, offering additional flexibility and future investment potential. The main home is approximately 1,484 sq. ft. and has been fully remodeled from top to bottom, including a new roof, plumbing, electrical, and HVAC system. The interior features fresh texture and paint, laminate flooring, modern kitchen cabinets, updated countertops, and excellent curb appeal. The main home is configured as two units: a 2-bedroom, 1-bath and a separate 1-bedroom, 1-bath unit. The second home is a brand-new approximately 750 sq. ft. detached ADU featuring 2 bedrooms, 1 bathroom, an open-concept layout, modern finishes, and plenty of natural light. With multiple living spaces and the potential to split the property into two separate parcels, this property offers excellent flexibility for an investor, multi-generational living, or an owner looking to live in one unit while generating rental income from the others. Turnkey property in a prime Downtown Rocklin location!

5120 San Francisco Street, Rocklin

Listing courtesy of Capital Group Realty, Inc..

$849,900

Versatile three-unit property situated on approximately 0.49 acre in Olivehurst, offering spacious interiors, solar, and convenient regional access. Featuring a 2,710 sq. ft. duplex plus a separate 750 sq. ft. residence, the property provides approximately 3,460 sq. ft. of combined living space with 8 bedrooms and 5 bathrooms. Each duplex unit includes 3 bedrooms, 2 bathrooms, and its own attached 2-car garage. The detached residence offers 2 bedrooms, 1 bathroom, and convenient on-site parking. Spacious open floor plans connect the living, dining, and kitchen areas, complemented by stainless steel appliances, wood cabinetry, generous counter space, wood-look flooring, recessed lighting, and ceiling fans. All three units feature solar and single-story layouts. Backyard areas provide space for outdoor enjoyment, while the wide paved driveway accommodates additional parking. Located near local schools, with Yuba College and the shopping, dining, and services of the Marysville and Yuba City area within reach. Convenient access to Highways 70 and 65 provides connections to Sacramento, Roseville, and Lincoln, offering options for regional commuting and access to additional employment, shopping, and entertainment destinations. An appealing opportunity for investors or buyers seeking multiple residences on one property.

3,460 SqFt. ⋅ 226131184 MLS

Versatile three-unit property situated on approximately 0.49 acre in Olivehurst, offering spacious interiors, solar, and convenient regional access. Featuring a 2,710 sq. ft. duplex plus a separate 750 sq. ft. residence, the property provides approximately 3,460 sq. ft. of combined living space with 8 bedrooms and 5 bathrooms. Each duplex unit includes 3 bedrooms, 2 bathrooms, and its own attached 2-car garage. The detached residence offers 2 bedrooms, 1 bathroom, and convenient on-site parking. Spacious open floor plans connect the living, dining, and kitchen areas, complemented by stainless steel appliances, wood cabinetry, generous counter space, wood-look flooring, recessed lighting, and ceiling fans. All three units feature solar and single-story layouts. Backyard areas provide space for outdoor enjoyment, while the wide paved driveway accommodates additional parking. Located near local schools, with Yuba College and the shopping, dining, and services of the Marysville and Yuba City area within reach. Convenient access to Highways 70 and 65 provides connections to Sacramento, Roseville, and Lincoln, offering options for regional commuting and access to additional employment, shopping, and entertainment destinations. An appealing opportunity for investors or buyers seeking multiple residences on one property.

1852 11th Avenue, Olivehurst

Listing courtesy of Keller Williams Realty.

$399,990

Investment Opportunity in Colfax! Fully occupied triplex offering immediate rental income from all three units. Situated on a spacious approximately 0.65-acre lot, this income-producing property features 3,413 sq. ft. of living space with a strong existing rental base. With all units currently leased, investors can step into an established property with cash flow from day one. Convenient freeway access, ample parking, a large lot, and a desirable foothill location add to the property's long-term investment potential. Great opportunity to add a fully occupied multifamily property with solid rental income to your portfolio.

3,413 SqFt. ⋅ 226132318 MLS

Investment Opportunity in Colfax! Fully occupied triplex offering immediate rental income from all three units. Situated on a spacious approximately 0.65-acre lot, this income-producing property features 3,413 sq. ft. of living space with a strong existing rental base. With all units currently leased, investors can step into an established property with cash flow from day one. Convenient freeway access, ample parking, a large lot, and a desirable foothill location add to the property's long-term investment potential. Great opportunity to add a fully occupied multifamily property with solid rental income to your portfolio.

21021 Placer Hills Road, Colfax

Listing courtesy of eXp Realty of Northern California, Inc..

$725,000

Large Triplex opportunity in Modesto! This spacious income producing property offers strong potential for both investors and owner occupants. Each unit provides comfortable living space, and the property includes a desirable two car garage, adding convenience and extra value. With its functional layout, established location, and multi-unit appeal, this triplex is a great opportunity to expand your portfolio or live in one unit while generating rental income from the other. Conveniently located near shopping, schools, parks, and commuter routes.

2,484 SqFt. ⋅ 226122219 MLS

Large Triplex opportunity in Modesto! This spacious income producing property offers strong potential for both investors and owner occupants. Each unit provides comfortable living space, and the property includes a desirable two car garage, adding convenience and extra value. With its functional layout, established location, and multi-unit appeal, this triplex is a great opportunity to expand your portfolio or live in one unit while generating rental income from the other. Conveniently located near shopping, schools, parks, and commuter routes.

3001 Kounias Drive, Modesto

Listing courtesy of PMZ Real Estate.

$655,000

A 3+ unit property with endless possibilities in Downtown Grass Valley! This unique building offers incredible potential for live-work lifestyle or investment opportunity. A metal roof with solar to be paid off drops those utility bills dramatically. Upstairs, you'll find a spacious 2-bedroom, 2-bath home with access to the deck. Downstairs features two separate units, 1-bedroom, 1-bath apartment and a cozy studio that could easily be transformed into a 1-bedroom. Each with its own kitchen, laundry, private facilities and power meter. The detached 4-car garage with dual roll-up doors is perfect for a mechanic's shop, workshop, storage rental, or.... Situated on an unusually large lot for downtown, the options here are truly endless. Bring your vision and make the versatile property your own!

2,238 SqFt. ⋅ 226119234 MLS

A 3+ unit property with endless possibilities in Downtown Grass Valley! This unique building offers incredible potential for live-work lifestyle or investment opportunity. A metal roof with solar to be paid off drops those utility bills dramatically. Upstairs, you'll find a spacious 2-bedroom, 2-bath home with access to the deck. Downstairs features two separate units, 1-bedroom, 1-bath apartment and a cozy studio that could easily be transformed into a 1-bedroom. Each with its own kitchen, laundry, private facilities and power meter. The detached 4-car garage with dual roll-up doors is perfect for a mechanic's shop, workshop, storage rental, or.... Situated on an unusually large lot for downtown, the options here are truly endless. Bring your vision and make the versatile property your own!

526 Mill Street, Grass Valley

Listing courtesy of Crosby Real Estate.

$695,000

Excellent investment opportunity in Downtown Woodland. This fully occupied Triplex with long term tenants offers an immediate, hassle-free revenue. A unique and highly desirable feature of this property is that each unit stands alone as a detached structure providing tenants with maximum privacy, minimal noise disruption, and the feel of single-family living. With all units rented, this asset provides immediate cash flow.

226116414 MLS

Excellent investment opportunity in Downtown Woodland. This fully occupied Triplex with long term tenants offers an immediate, hassle-free revenue. A unique and highly desirable feature of this property is that each unit stands alone as a detached structure providing tenants with maximum privacy, minimal noise disruption, and the feel of single-family living. With all units rented, this asset provides immediate cash flow.

703 5th Street, Woodland

Listing courtesy of Lawson Real Estate.

$599,999

A rare opportunity to acquire proven, cash flowing rental properties in the heart of Modesto, California. The Bates Initiative represents a curated collection of duplexes and triplexes positioned in strong, established neighborhoods throughout the city, each delivering consistent rental income with tenants already in place. These are not fixer-upper speculations or value-add gambles. These are performing assets in desirable Modesto locations, benefiting from the Central Valley's sustained rental demand and a tenant base that keeps them occupied and producing. With occupancy rates running near capacity across the portfolio, the income is real and the runway is long. Whether you are an investor looking to plant your first flag in the Central Valley or a seasoned operator ready to scale, the Bates Initiative offers flexibility. Individual properties are available for those looking to start or add strategically, and the full portfolio is available for acquisition by a single buyer looking to move meaningfully into one of California's most resilient rental markets. Modesto's fundamentals continue to support strong rental performance. Growing population, limited housing inventory, and consistent demand from working families make this market a dependable income engine for landlords who know what they are looking at. Opportunities like this, performing, nearly fully occupied, and available individually or as a whole, do not surface often. Inquire for property addresses, rent rolls, and financials.

1,948 SqFt. ⋅ 226117521 MLS

A rare opportunity to acquire proven, cash flowing rental properties in the heart of Modesto, California. The Bates Initiative represents a curated collection of duplexes and triplexes positioned in strong, established neighborhoods throughout the city, each delivering consistent rental income with tenants already in place. These are not fixer-upper speculations or value-add gambles. These are performing assets in desirable Modesto locations, benefiting from the Central Valley's sustained rental demand and a tenant base that keeps them occupied and producing. With occupancy rates running near capacity across the portfolio, the income is real and the runway is long. Whether you are an investor looking to plant your first flag in the Central Valley or a seasoned operator ready to scale, the Bates Initiative offers flexibility. Individual properties are available for those looking to start or add strategically, and the full portfolio is available for acquisition by a single buyer looking to move meaningfully into one of California's most resilient rental markets. Modesto's fundamentals continue to support strong rental performance. Growing population, limited housing inventory, and consistent demand from working families make this market a dependable income engine for landlords who know what they are looking at. Opportunities like this, performing, nearly fully occupied, and available individually or as a whole, do not surface often. Inquire for property addresses, rent rolls, and financials.

1121 El Vecino Court, Modesto

Listing courtesy of PMZ Real Estate.

$850,000

Your happily ever after fairytale begins here! Abundant natural light fills the elegant Victorian inspired styled 1,900+/-sf home featuring a graceful vintage reclaimed curving staircase & stained glass windows, a hidden library, spacious dining area opening to a covered deck, family room & a fabulous chef's kitchen, commercial Montague 6 burner range & double ovens. The carriage house styled 2 car garage boasts a spacious upstairs apartment featuring granite counters, updated appliances, vaulted ceilings with skylights, HVAC mini split for year round comfort, private deck & balcony. Slip away to the wine cave surrounded by an olive grove, create in the separate studio or meditate in the peaceful bamboo garden. An additional adjoining (2 legal parcels) 15+/- acres is available with seller financing for the buyer of this property.

1,984 SqFt. ⋅ 226108641 MLS

Your happily ever after fairytale begins here! Abundant natural light fills the elegant Victorian inspired styled 1,900+/-sf home featuring a graceful vintage reclaimed curving staircase & stained glass windows, a hidden library, spacious dining area opening to a covered deck, family room & a fabulous chef's kitchen, commercial Montague 6 burner range & double ovens. The carriage house styled 2 car garage boasts a spacious upstairs apartment featuring granite counters, updated appliances, vaulted ceilings with skylights, HVAC mini split for year round comfort, private deck & balcony. Slip away to the wine cave surrounded by an olive grove, create in the separate studio or meditate in the peaceful bamboo garden. An additional adjoining (2 legal parcels) 15+/- acres is available with seller financing for the buyer of this property.

4612 Ringold Road, Diamond Springs

Listing courtesy of Century 21 Select Real Estate.

$1,150,000

Permitted three houses on the lot: Main house with 3 bed/2 bath, ADU with 1 bed/1 bath, and a pool house, which is a studio with a bath (refer to attached building plans). There is also a pool structure with a separate bathroom. Exceptional opportunity to create a luxury short-term rental, wedding venue, event center, or private multigenerational estate. There is a potential 18.5% pro forma cap rate (refer to the attached OM) This fully remodeled 10-acre property features three separate residences, including a main home and two detached guest suites, with accommodations for up to 16 guests. The centerpiece of the property is an extraordinary 150,000-gallon swimming pool, one of the largest residential pools in the county. Adjacent to the pool is a dedicated bathroom, making it ideal for entertaining, private events, and weddings. The expansive grounds offer endless possibilities for outdoor ceremonies, receptions, and gatherings. A large barn provides additional flexibility and can be converted into guest accommodations, an entertainment space, a bar, a workshop, or continue to serve as storage. A substantial solar system helps reduce operating costs while complementing the property's sustainable design. Whether you're looking to build a thriving hospitality business or enjoy a private estate with income-producing potential, this unique property offers exceptional versatility. The expansive 10 acres create a peaceful retreat while still providing convenient access to hiking, biking, fishing, nearby parks, and Red Hawk Casino.

2,025 SqFt. ⋅ 226100125 MLS

Permitted three houses on the lot: Main house with 3 bed/2 bath, ADU with 1 bed/1 bath, and a pool house, which is a studio with a bath (refer to attached building plans). There is also a pool structure with a separate bathroom. Exceptional opportunity to create a luxury short-term rental, wedding venue, event center, or private multigenerational estate. There is a potential 18.5% pro forma cap rate (refer to the attached OM) This fully remodeled 10-acre property features three separate residences, including a main home and two detached guest suites, with accommodations for up to 16 guests. The centerpiece of the property is an extraordinary 150,000-gallon swimming pool, one of the largest residential pools in the county. Adjacent to the pool is a dedicated bathroom, making it ideal for entertaining, private events, and weddings. The expansive grounds offer endless possibilities for outdoor ceremonies, receptions, and gatherings. A large barn provides additional flexibility and can be converted into guest accommodations, an entertainment space, a bar, a workshop, or continue to serve as storage. A substantial solar system helps reduce operating costs while complementing the property's sustainable design. Whether you're looking to build a thriving hospitality business or enjoy a private estate with income-producing potential, this unique property offers exceptional versatility. The expansive 10 acres create a peaceful retreat while still providing convenient access to hiking, biking, fishing, nearby parks, and Red Hawk Casino.

1781 Springvale Road, Placerville

Listing courtesy of eXp Realty of California Inc..

$750,000

Great investment opportunity in El Dorado. Come see this well maintained single story triplex. The 3 units are just under 1000 sq feet each, with their own private fenced patios, plus an open area behind the building for gardening or visiting. The Parking Lot features a 2 car Carport with storage cabinets for each unit and 5 more open parking spaces. 1 Unit is an updated 2 bedroom, 2 bathrooms with newer carpeting and all dual pane windows. The other 2 units are 2 bedrooms and 1 bathroom with various updating and partial dual pane windows, one with an updated kitchen and newer Bosch heat and air split system. New Roof in 2021 and nice exterior paint. Laundry Room with sink, washer, dryer and dedicated water heater. Terrific opportunity for some passive income, or eventually live in one unit while renting out the other two. Convenient location close to Union Mine High School, freeway access and other conveniences.

3,044 SqFt. ⋅ 226095754 MLS

Great investment opportunity in El Dorado. Come see this well maintained single story triplex. The 3 units are just under 1000 sq feet each, with their own private fenced patios, plus an open area behind the building for gardening or visiting. The Parking Lot features a 2 car Carport with storage cabinets for each unit and 5 more open parking spaces. 1 Unit is an updated 2 bedroom, 2 bathrooms with newer carpeting and all dual pane windows. The other 2 units are 2 bedrooms and 1 bathroom with various updating and partial dual pane windows, one with an updated kitchen and newer Bosch heat and air split system. New Roof in 2021 and nice exterior paint. Laundry Room with sink, washer, dryer and dedicated water heater. Terrific opportunity for some passive income, or eventually live in one unit while renting out the other two. Convenient location close to Union Mine High School, freeway access and other conveniences.

4180 Oro Lane, El Dorado

Listing courtesy of eXp Realty of California, Inc..

$330,000

Great opportunity for investors to own an income-producing property featuring three separate buildings with a total of three fully leased units (1/1, 1/1, studio). The property generates over $41,000 in annual rental income and offers immediate cash flow from day one. The renovated units provide updated finishes that help minimize maintenance while enhancing tenant appeal. Whether you're looking to expand your portfolio or make your first investment, this property offers stable income and long-term potential.

226093022 MLS

Great opportunity for investors to own an income-producing property featuring three separate buildings with a total of three fully leased units (1/1, 1/1, studio). The property generates over $41,000 in annual rental income and offers immediate cash flow from day one. The renovated units provide updated finishes that help minimize maintenance while enhancing tenant appeal. Whether you're looking to expand your portfolio or make your first investment, this property offers stable income and long-term potential.

436 N Butte Street, Willows

Listing courtesy of eXp Realty of California Inc..

$559,900

Great price improvement! Exceptional opportunity in the heart of Historic Downtown Jackson. This charming property features two character-filled homes plus a fully permitted studio unit (3 units in all) all set in a truly beautiful location just moments from parks, schools, restaurants, downtown Jackson and shopping. The main home (built in 1930, approx. 990 sq ft) offers 2 bedrooms, 1 bath, and a possible 3rd bedroom or office, with recent updates including interior painting, exterior wall insulation replacement, and the majority of windows upgraded to dual pane in 2019. Enjoy abundant natural light from large windows with mountain views, a cozy kitchen with breakfast nook and farmhouse sink, and a dining room showcasing original built-in cabinetry. The second home (built in 1928, approx. 600 sq ft) is full of vintage charm with original hardwood floors, clawfoot tub, pedestal sink, and an inviting front porch, along with a Jotul stove, window A/C, and a recently replaced roof. The permitted studio above the converted garage (completed in 2014) offers its own kitchen, bathroom, laundry, and open living/dining/bedroom space, featuring cathedral ceilings, recessed lighting, wood floors and sliding glass doors leading to a porch with stunning Sierra views ideal for guests, rental income, or multi-generational living. The property includes three beautifully refreshed yard spaces and is located within a school zone with excellent walkability. Tenants are reliable and consistently pay on time. Please submit any offer you're intersted in submitting and we're great with all offers. Information provided by seller; buyer to verify all.

2,070 SqFt. ⋅ 226085931 MLS

Great price improvement! Exceptional opportunity in the heart of Historic Downtown Jackson. This charming property features two character-filled homes plus a fully permitted studio unit (3 units in all) all set in a truly beautiful location just moments from parks, schools, restaurants, downtown Jackson and shopping. The main home (built in 1930, approx. 990 sq ft) offers 2 bedrooms, 1 bath, and a possible 3rd bedroom or office, with recent updates including interior painting, exterior wall insulation replacement, and the majority of windows upgraded to dual pane in 2019. Enjoy abundant natural light from large windows with mountain views, a cozy kitchen with breakfast nook and farmhouse sink, and a dining room showcasing original built-in cabinetry. The second home (built in 1928, approx. 600 sq ft) is full of vintage charm with original hardwood floors, clawfoot tub, pedestal sink, and an inviting front porch, along with a Jotul stove, window A/C, and a recently replaced roof. The permitted studio above the converted garage (completed in 2014) offers its own kitchen, bathroom, laundry, and open living/dining/bedroom space, featuring cathedral ceilings, recessed lighting, wood floors and sliding glass doors leading to a porch with stunning Sierra views ideal for guests, rental income, or multi-generational living. The property includes three beautifully refreshed yard spaces and is located within a school zone with excellent walkability. Tenants are reliable and consistently pay on time. Please submit any offer you're intersted in submitting and we're great with all offers. Information provided by seller; buyer to verify all.

411 Rex Ave, Jackson

Listing courtesy of Berkshire Hathaway Home Services-Divine Properties.

$599,000

Maximize your portfolio with this fully occupied, low-maintenance triplex offering immediate income from day one. Each of the three identical units features a highly functional two-bedroom, one-bathroom layout across 693 square feet of optimized living space. Reliable, long-term tenants are already in place and eager to remain with the new ownership, ensuring a seamless management transition. The property boasts exceptional on-site parking capacity that easily accommodates all residents and guests. To ensure a worry-free transfer of this meticulously maintained asset, the seller is willing to address any standard inspection or repair items prior to closing, delivering a truly turnkey product to the next landlord.

2,080 SqFt. ⋅ 226084377 MLS

Maximize your portfolio with this fully occupied, low-maintenance triplex offering immediate income from day one. Each of the three identical units features a highly functional two-bedroom, one-bathroom layout across 693 square feet of optimized living space. Reliable, long-term tenants are already in place and eager to remain with the new ownership, ensuring a seamless management transition. The property boasts exceptional on-site parking capacity that easily accommodates all residents and guests. To ensure a worry-free transfer of this meticulously maintained asset, the seller is willing to address any standard inspection or repair items prior to closing, delivering a truly turnkey product to the next landlord.

1734 E Worth Street, Stockton

Listing courtesy of eXp Realty of Northern California, Inc..

$570,000

A rare investment opportunity at 4358 HWY 108 in Riverbank. This property was built in 1948, features three units, a duplex and the third a separate unit each with one bedroom, one bath and separate utility area. Great multiple income stream. Great addition to your rental portfolio. Priced at $570,000.

1,840 SqFt. ⋅ 226082450 MLS

A rare investment opportunity at 4358 HWY 108 in Riverbank. This property was built in 1948, features three units, a duplex and the third a separate unit each with one bedroom, one bath and separate utility area. Great multiple income stream. Great addition to your rental portfolio. Priced at $570,000.

4358 Highway 108, Riverbank

Listing courtesy of PMZ Real Estate.

$339,999

This charming adobe‑brick cottage, long associated with U.S. Supreme Court Justice Stephen J. Field, stands as one of Marysville's most storied early residences. Traditionally linked to Field's arrival in California during the Gold Rush era, the home reflects the city's formative years and its connection to one of the nation's most influential 19th‑century jurists. While historians note that Field owned multiple properties along D Street, the house at 630 D has remained a beloved landmark tied to his legacy. Its modest scale, early construction, and enduring presence make it a rare opportunity to own a piece of Marysville's civic and architectural history. There are 3 legal units that may generate an estimated gross rent amount somewhere between $2800 to $3300 per month. The main house has a unique style and look, while the back two studios were recently remodeled and have their own style.

2,188 SqFt. ⋅ 226064297 MLS

This charming adobe‑brick cottage, long associated with U.S. Supreme Court Justice Stephen J. Field, stands as one of Marysville's most storied early residences. Traditionally linked to Field's arrival in California during the Gold Rush era, the home reflects the city's formative years and its connection to one of the nation's most influential 19th‑century jurists. While historians note that Field owned multiple properties along D Street, the house at 630 D has remained a beloved landmark tied to his legacy. Its modest scale, early construction, and enduring presence make it a rare opportunity to own a piece of Marysville's civic and architectural history. There are 3 legal units that may generate an estimated gross rent amount somewhere between $2800 to $3300 per month. The main house has a unique style and look, while the back two studios were recently remodeled and have their own style.

630 D Street, Marysville

Listing courtesy of Coldwell Banker Commercial - Valley Brokers.

$975,000

Turn-key downtown Auburn triplex with strong income potential and fully modernized systems. Located in the heart of downtown Auburn, 124, 126 & 128 Oakwood Drive offer a rare opportunity to acquire a fully reimagined multi-unit property in a highly walkable, high-demand rental location. Originally a commercial office building, this property has been thoughtfully converted into three residential units with permits and final approvals, featuring a desirable unit mix: one spacious 2-bedroom, 2-bathroom unit on the lower level and two 1-bedroom, 1-bathroom units upstairs. This flexible layout appeals to both investors and owner-occupants seeking a live-and-income opportunity. The property has undergone a comprehensive, high-quality renovation with major system upgrades throughout. Improvements include new plumbing, upgraded electrical, a new roof, new energy-efficient windows and doors, new HVAC systems for each unit, new water heaters, updated insulation, drywall, and flooring, along with exterior enhancements such as landscaping, walkways, and access improvements. As part of the permitted conversion, the property was upgraded with a residential fire sprinkler system (NFPA 13R) and enhanced utility infrastructure, supporting modern safety standards and long-term reliability. The upstairs flooring structure has been thoughtfully upgraded using enhanced sound-reducing construction methods, including insulation and sound-dampening materials, to help minimize noise transfer between levels. Each unit is equipped with brand-new appliances and updated finishes, minimizing near-term capital expenses and ongoing maintenance. Off-street parking is available, providing added convenience for tenants. Situated just moments from Auburn's shops, dining, and local amenities, the location supports strong rental demand and long-term value. This is an exceptional opportunity for an investor seeking a low-maintenance, income-producing property with modernized systems, strong rental appeal, and upside potential in a desirable foothill market.

1,856 SqFt. ⋅ 226035867 MLS

Turn-key downtown Auburn triplex with strong income potential and fully modernized systems. Located in the heart of downtown Auburn, 124, 126 & 128 Oakwood Drive offer a rare opportunity to acquire a fully reimagined multi-unit property in a highly walkable, high-demand rental location. Originally a commercial office building, this property has been thoughtfully converted into three residential units with permits and final approvals, featuring a desirable unit mix: one spacious 2-bedroom, 2-bathroom unit on the lower level and two 1-bedroom, 1-bathroom units upstairs. This flexible layout appeals to both investors and owner-occupants seeking a live-and-income opportunity. The property has undergone a comprehensive, high-quality renovation with major system upgrades throughout. Improvements include new plumbing, upgraded electrical, a new roof, new energy-efficient windows and doors, new HVAC systems for each unit, new water heaters, updated insulation, drywall, and flooring, along with exterior enhancements such as landscaping, walkways, and access improvements. As part of the permitted conversion, the property was upgraded with a residential fire sprinkler system (NFPA 13R) and enhanced utility infrastructure, supporting modern safety standards and long-term reliability. The upstairs flooring structure has been thoughtfully upgraded using enhanced sound-reducing construction methods, including insulation and sound-dampening materials, to help minimize noise transfer between levels. Each unit is equipped with brand-new appliances and updated finishes, minimizing near-term capital expenses and ongoing maintenance. Off-street parking is available, providing added convenience for tenants. Situated just moments from Auburn's shops, dining, and local amenities, the location supports strong rental demand and long-term value. This is an exceptional opportunity for an investor seeking a low-maintenance, income-producing property with modernized systems, strong rental appeal, and upside potential in a desirable foothill market.

128 Oakwood Drive, Auburn

Listing courtesy of eXp Realty of Northern California, Inc..

$795,000

Excellent investment opportunity in the heart of downtown Murphys! This well-located triplex offers versatility, income potential, and unbeatable conveniencejust a short walking distance to Main Street, renowned for its restaurants, wine tasting rooms, and charming shops. The property features three units: Two spacious two-story units, each offering 2 bedrooms and 2.5 bathrooms, one single-story unit with 2 bedrooms and 1.5 bathrooms ideal for investors or owner-occupants, this property provides multiple income streams and flexibility. Live in one unit while renting the others or maximize returns with long-term tenants or short-term vacation rentals (Airbnb potential). Situated in a prime location with high demand, this is a rare opportunity to own a multi-unit property in one of the Sierra Foothills' most desirable destinations. Whether you're looking to invest, generate income, or enjoy downtown Murphys living this property checks all the boxes! With endless outdoor recreation in Calaveras County including hiking, fishing, skiing, and more this is an ideal location for both full-time living or a vacation retreat. Several photos AI virtually staged - https://joanirish.sites.c21.homes/

3,864 SqFt. ⋅ 226032251 MLS

Excellent investment opportunity in the heart of downtown Murphys! This well-located triplex offers versatility, income potential, and unbeatable conveniencejust a short walking distance to Main Street, renowned for its restaurants, wine tasting rooms, and charming shops. The property features three units: Two spacious two-story units, each offering 2 bedrooms and 2.5 bathrooms, one single-story unit with 2 bedrooms and 1.5 bathrooms ideal for investors or owner-occupants, this property provides multiple income streams and flexibility. Live in one unit while renting the others or maximize returns with long-term tenants or short-term vacation rentals (Airbnb potential). Situated in a prime location with high demand, this is a rare opportunity to own a multi-unit property in one of the Sierra Foothills' most desirable destinations. Whether you're looking to invest, generate income, or enjoy downtown Murphys living this property checks all the boxes! With endless outdoor recreation in Calaveras County including hiking, fishing, skiing, and more this is an ideal location for both full-time living or a vacation retreat. Several photos AI virtually staged - https://joanirish.sites.c21.homes/

494 Surrey Court, Murphys

Listing courtesy of Century 21 Sierra Properties.

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