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5120 San Francisco Street, Rocklin
$899,000
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..

1852 11th Avenue, Olivehurst
$849,900
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.

21021 Placer Hills Road, Colfax
$399,990
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..

3001 Kounias Drive, Modesto
$725,000
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.

526 Mill Street, Grass Valley
$655,000
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.

703 5th Street, Woodland
$695,000
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.

1121 El Vecino Court, Modesto
$599,999
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.

4612 Ringold Road, Diamond Springs
$850,000
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.

1781 Springvale Road, Placerville
$1,150,000
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..

4180 Oro Lane, El Dorado
$750,000
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..

436 N Butte Street, Willows
$330,000
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..

1734 E Worth Street, Stockton
$599,000
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..

4358 Highway 108, Riverbank
$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.

128 Oakwood Drive, Auburn
$975,000
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..

494 Surrey Court, Murphys
$795,000
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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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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