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Carmichael, CA Multifamily Homes & Duplexes for Sale

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  • /54

    $1,350,000

    • 9 Beds
    • 5 Baths
    • 3,900 Sq Ft

    5364 Garfield Ave, Sacramento, CA 95841

    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

    Amir Cackovic eXp Realty of California Inc.

    5364 Garfield Ave, Sacramento, CA 95841
  • /46

    $1,250,000

    • 8 Beds
    • 4 Baths
    • 3,684 Sq Ft

    5372 Garfield Ave, Sacramento, CA 95841

    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

    Amir Cackovic eXp Realty of California Inc.

    5372 Garfield Ave, Sacramento, CA 95841
  • /5

    $605,000

    $10K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,118 Sq Ft

    5940 Rye Way, Carmichael, CA 95608

    Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5940-5942 Rye Way, a well-maintained duplex in the heart of Carmichael. Priced at $605,000, this 1977-built property features a 1,134 SF 2-bedroom/2-bathroom unit and a 984 SF 2-bedroom/1-bathroom unit. The asset is 100% occupied by long-term tenants on month-to-month leases, offering immediate stability with

    Kelly Rivett Cornish & Carey Commercial

    5940 Rye Way, Carmichael, CA 95608
  • /6

    $949,999

    • 8 Beds
    • 4 Baths
    • 3,612 Sq Ft

    5555 Keoncrest Cir, Sacramento, CA 95841

    Welcome to a nicely updated fourplex in a great North Sacramento neighborhood. Great condition property with great cash flow. Estimated Net Operating Income: $58,306. (4) 2 Bed/ 1 Bath units. 2 attached garages plus additional uncovered parking. Bright living and dining areas. Double-pane windows. New copper plumbing. Central A/C. On site community laundry room. Separate electric meters. No HOA.

    David Lillo DPL Real Estate

    5555 Keoncrest Cir, Sacramento, CA 95841
  • /61

    $875,000

    • 5 Beds
    • 4 Baths
    • 2,137 Sq Ft

    4028 Leos Ln, Carmichael, CA 95608

    Discover a rare income producing opportunity at 4028 Leos Ln in Carmichael featuring a well maintained fourplex plus an additional detached cottage, offering flexibility and strong investment potential in a desirable location. Whether you're looking to expand your portfolio, offset your mortgage with rental income, or secure a multi-unit residential property with long-term upside, this property

    Daniel Harris Nick Sadek Sotheby's International Realty

    4028 Leos Ln, Carmichael, CA 95608
  • /6

    $620,000

    $20K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,118 Sq Ft

    5904 Bourbon Dr, Carmichael, CA 95608

    Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5904/5906 Bourbon Way, Carmichael, Ca. Built in 1977, this duplex offers a premier turn-key investment priced at $620,000. The property features a 1,134 sq. ft. 2-bed/2-bath unit, and a 984 sq. ft. 2-bed/1-bath unit. Both of the units are occupied by reliable, long-term tenants on month-to-month leases. This

    Kelly Rivett Cornish & Carey Commercial

    5904 Bourbon Dr, Carmichael, CA 95608
  • /23

    $595,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,848 Sq Ft

    3312 Jayanne Way, Carmichael, CA 95608

    Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a high-quality duplex located at 3312/3314 Jayanne Way in Carmichael, California. Offered at $595,000, this well-maintained asset was constructed in 1976 and features two identical 2-bedroom, 1-bathroom units, each spanning 924 square feet. The property has undergone extensive capital improvements, including new

    Kelly Rivett Cornish & Carey Commercial

    3312 Jayanne Way, Carmichael, CA 95608
  • /17

    $625,000

    $15K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,118 Sq Ft

    5908 Bourbon Dr, Carmichael, CA 95608

    We are pleased to present the opportunity to acquire 5908-5910 Bourbon Way. Priced at $625,000, this duplex is a standout investment in Carmichael, offering a rare combination of modern upgrades and immediate flexibility for an owner-user or investor. This 2,118-square-foot property features two distinct units: 5908 Bourbon: a spacious 1,134 sq. ft. 2-bedroom/2-bathroom unit, and 5910 Bourbon, a

    Kelly Rivett Cornish & Carey Commercial

    5908 Bourbon Dr, Carmichael, CA 95608
  • /46

    $799,000

    $50K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 2,317 Sq Ft

    5935 Denver Dr, Carmichael, CA 95608

    Welcome to 5935-5937 Denver Drive in Carmichael, a rare opportunity to own a beautifully remodeled duplex on nearly half an acre! This expansive 4-bedroom, 4.5-bath multi-family property offers 2,317 square feet of updated living space and exceptional flexibility for both owner-occupants and investors. The larger unit was recently beautifully remodeled and thoughtfully upgraded, each unit

    Sharon D'Arelli Coldwell Banker Realty

    5935 Denver Dr, Carmichael, CA 95608
  • /64

    $825,000

    • 5 Beds
    • 3 Baths
    • 2,320 Sq Ft

    2432 Camino Garden Way, Carmichael, CA 95608

    You won't find a more updated duplex! This fully remodeled, practically rebuilt property has over $150K in upgrades. Featuring high rental income potential (over 63K annual rent), it boasts a brand-new flat roof, new siding, dual-pane windows, all-new doors, and fresh concrete throughout. The kitchens and bathrooms have been remodeled, complemented by new LVP flooring, modern lighting, and fresh

    Amir Cackovic eXp Realty of California Inc.

    2432 Camino Garden Way, Carmichael, CA 95608

Why Live in Carmichael

Carmichael, CA, is an unincorporated community situated along the American River, just east of Sacramento. Home to approximately 80,000 residents, Carmichael offers a blend of quiet residential streets and leafy cul-de-sacs. The area is known for its highly rated schools within the San Juan Unified School District, including Harry Dewey Elementary, Mary Deterding Elementary, Del Dayo Elementary, and Del Campo High, which boasts a 92% graduation rate. Outdoor attractions are plentiful, with the Effie Yeaw Nature Center providing 77 acres of open space, forests, and wetlands. Ancil Hoffman Park features 400 acres of trails and an 18-hole golf course. Carmichael Park is notable for "The Great Wall of Carmichael," a 100-foot-long mural. Jensen Botanical Gardens offers scenic nature paths without a cover charge. Housing options range from midcentury designs on small lots to million-dollar homes with river views and backyard pools, with many older homes upgraded with modern amenities. Fair Oaks Boulevard is the main commercial strip, featuring shopping plazas, breweries, coffee shops, and diverse dining options, including Mexican, Japanese, Italian, and Greek cuisine. Major grocery stores like Bel Air and Safeway are complemented by family-owned markets such as Sana Market & Bakery. Commuting is convenient with the Capital City Freeway and Interstate 80 nearby, providing access to downtown Sacramento and connections to San Francisco and the Sierra Nevada Mountains. Mercy San Juan Medical Center, a significant local employer, is located at the northern edge of the community.

Home Trends in Carmichael, CA

Housing Trends

Median Sale Price
$555,000
Median Single Family Sale Price
$590,000
Median Townhouse Sale Price
$545,000
Median 2 Bedroom Sale Price
$314,375
Average Price Per Sq Ft
$348
Number of Homes for Sale
123
Last 12 months Home Sales
556
Months of Supply
2.70
Median List Price
$580,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-4%
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