We are pleased to present 4100 Wheatley Circle and 1603 Renee Avenue a lucrative duplex investment opportunity located in Sacramento. Currently grossing $2,650 per month, this property is situated on a spacious 0.16-acre corner lot and offers a total of 1,657 square feet of rentable living space, constructed in 1963. The duplex features two 2-bedroom, 1-bathroom units, each offering approximately 829 square feet of living space. Both units have been thoughtfully remodeled within the last five years and come equipped with central heating and air conditioning, ensuring year-round comfort for tenants. Each unit includes off-street parking, a one-car attached garage, and access to a private backyard for each unit, providing tenants with a generously spaced and convenient living environment. The current rental rates are $1,350 per month for the unit at 4100 Wheatley Circle and $1,300 per month for the unit at 1603 Renee Avenue. The average rent for a 2-bedroom, 1-bathroom unit in this area is $1,950, highlighting a significant opportunity for an investor to add value by raising rents to market rates.
Closed
$415,000
4100 Wheatley Cir, Sacramento, CA 95838
4beds
1,657sqft
Duplex
Built in 1963
-- sqft lot
$402,600 Zestimate®
$250/sqft
$1,899 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 18, 2025 at 03:09am
Listed by:
Philip Velez DRE #01418776 916-271-1399,
Perspective Realty
Bought with:
eXp Realty of California Inc
Source: MetroList Services of CA,MLS#: 224097263Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Varies By Unit
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,657 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Garage Door Opener, Interior Access
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
Lot
- Size: 6,969 sqft
Details
- Parcel number: 23703230060000
- Zoning description: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame, Wood
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Sacramento
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Estimated market value
$402,600