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  • $869,500

    111 Covey Rd, Auburn, CA 95603

    6beds
    2,859sqft
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    Triplex
    Built in 1963
    -- sqft lot
    $832,000 Zestimate®
    $304/sqft
    $-- HOA

    What's special

    Triplex on two acresPrivate settingPeaceful private setting
    Unlock the potential of this rare income-producing property featuring a triplex on two acres, tucked away in a peaceful, private setting just minutes from town. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the others, or create a multi-generational living opportunity, this property offers exceptional flexibility. The property has a proven history of consistent rental income and includes: 105 Covey Road - A charming 1-bedroom, 1-bath home currently generating $1,800 per month. 111 Covey Road - A 2-bedroom, 1-bath home with projected rental income of $2,175 per month, currently vacant and ready for a new tenant or owner occupancy. 115 Covey Road - A spacious 3-bedroom, 2-bath home currently leased for $2,500 per month. All three residences are in good condition, offering immediate income potential with minimal upfront work. The current rental configuration produces strong cash flow while still providing the flexibility to occupy the vacant home yourself, making it an ideal opportunity for both investors and owner-occupants. Properties like this are difficult to find with a private setting, multiple income streams, and the versatility to fit a variety of investment strategies. Whether you're seeking dependable passive income or a property that helps pay for itself, this is an opportunity you won't want to miss.
    21 days
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    831
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Hatch DRE #01180864 530-277-3489,

    Century 21 Cornerstone Realty

    Source: MetroList Services of CA,MLS#: 226083309Originating MLS: MetroList Services, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Flooring: Carpet, Linoleum
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Total interior livable area: 2,859 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off Street
      Lot
      • Size: 2.1 Acres
      • Features: Private
      • Topography: Rolling,Rolling
      Details
      • Parcel number: 053050017000
      • Zoning: Res
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Wood
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Year built: 1963

      Utilities & green energy

      • Sewer: Septic System
      • Water: Public
      • Utilities for property: Electric

      Community & HOA

      Location
      • Region: Auburn

      Financial & listing details

      • Price per square foot: $304/sqft
      • Tax assessed value: $309,823
      • Annual tax amount: $3,198
      • Price range: $869.5K - $869.5K
      • Date on market: 7/1/2026
      • Income includes: Other

        Estimated market value

        $832,000

        $790,000 - $874,000

        $1,929/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$869,500+1853.9%$304/sqft
        Source: MetroList Services of CA #226082733 Report a problem
        6/22/2026Listing removed$2,175$1/sqft
        Source: Zillow Rentals Report a problem
        6/19/2026Listed for rent$2,175+9%$1/sqft
        Source: Zillow Rentals Report a problem
        9/27/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/26/2023Price change$1,995+5.3%$1/sqft
        Source: Zillow Rentals Report a problem
        9/18/2023Price change$1,895-5%$1/sqft
        Source: Zillow Rentals Report a problem
        9/5/2023Listed for rent$1,995$1/sqft
        Source: Zillow Rentals Report a problem
        9/25/2015Sold$44,500-80.7%$16/sqft
        Source: Public Record Report a problem
        5/3/2000Sold$230,000$80/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,198 -0.2%$309,823 +2%
        2024$3,206 +1%$303,749 +2%
        2023$3,173 +0.5%$297,794 +2%
        2022$3,157 +3.7%$291,955 +2%
        2021$3,044 +0.7%$286,232 +1%
        2020$3,022 $283,298 +2%
        2019$3,022 +7.7%$277,744 +2%
        2018$2,806 +1.8%$272,299 +2%
        2017$2,756 +2.1%$266,960 +2%
        2016$2,698 -1.4%$261,726 -4.8%
        2015$2,736 +1.6%$274,943 +2%
        2014$2,693 $269,558 +0.5%
        2013-- $268,341 +10%
        2012-- $244,000 -5.4%
        2011-- $257,922 +0.8%
        2010-- $255,995 -0.2%
        2009-- $256,604 +2%
        2008-- $251,573 +2%
        2007-- $246,641 +2%
        2006-- $241,806 +2%
        2005-- $237,065 +2%
        2004-- $232,417 +1.9%
        2003-- $228,158 +2%
        2002-- $223,686 +2%
        2001-- $219,300 +24.3%
        2000-- $176,470
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95603

        Getting around

        14 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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