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Carmichael, CA Multifamily Homes & Duplexes for Sale

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  • /39

    $785,000

    • 5 Beds
    • 3 Baths
    • 2,150 Sq Ft

    5121 Kenneth Ave, Carmichael, CA 95608

    MLS Entry only, Amazing gem in Carmichael! A home that checks all the boxes from a large family home, multigenerational or investment rental, with acreage for additional housing or large pool! Plenty of private parking on two gravel driveways (parking up to eight vehicles)! Property is gated with room to store your recreational toys- boat, RV or motorhome, plus full hookups. Below the upstairs

    Agent Photo

    Bruce Reddick

    GUIDE Real Estate

    5121 Kenneth Ave, Carmichael, CA 95608
  • /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
  • /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
  • /28

    $599,000

    • 4 Beds
    • 2 Baths
    • 1,938 Sq Ft

    5388 Elsinore Way, Fair Oaks, CA 95628

    FANTASTIC cash flow ready opportunity for Sacramento area real estate investor or owner occupant! This spacious duplex is quietly nestled in a prime Fair Oaks neighborhood. Each 2-bedroom, 1-bath unit features a 1-car garage, big living room, remodeled kitchen with granite counters & ample cabinet storage, nice sized bedrooms & updated bathrooms. 5388 tenants moved in 2.5yrs ago, currently

    Brandi Underwood Tiner Properties

    5388 Elsinore Way, Fair Oaks, CA 95628
  • /32

    $565,000

    • 3 Beds
    • 3 Baths
    • 2,156 Sq Ft

    2905 Garfield Ave, Carmichael, CA 95608

    Welcome to this charming corner lot home located in the desirable city of Carmichael. This updated property of 2156sf consist of a single-story home with 3 beds, 1 bath and a ADU studio unit with approximately 480sf that has 1 full bathroom. Laminate floor throughout living room, hallway and bedrooms while tiles in the kitchen. Freshly new paints through out the interior and exterior of both

    Tam Luu Alliance Bay Realty

    2905 Garfield Ave, Carmichael, CA 95608
  • /47

    $649,000

    • 4 Beds
    • 4 Baths
    • 2,004 Sq Ft

    5513 Engle Rd, Carmichael, CA 95608

    Exceptional investment opportunity in the heart of Carmichael! This well-maintained duplex features two spacious 2-bedroom, 2-bathroom units, each offering an open and functional floor plan designed for comfortable living. Both units include central heating and air conditioning, a cozy fireplace, generous living spaces, and an attached 2-car garagea highly desirable feature that is rarely found

    Jacob Worley Worley Real Estate Inc.

    5513 Engle Rd, Carmichael, CA 95608
  • /19

    $899,000

    $51K PRICE DROP
    • 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

    • 7 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
  • /33

    $1,200,000

    • 10 Beds
    • 5 Baths
    • 3,667 Sq Ft

    5720 Engle Rd, Carmichael, CA 95608

    A Beautifully Designed Modern Fourplex Built in 1987 in a Great area of Carmichael with Recently Remodeled units! This Approximately 3667 SF 4 Unit Townhome-Building consists of Two 2 Bedrooms 1 Bathroom and Two 3 Bedrooms and 1-1/2 Bathrooms, All with a 2 Car Garage that is Rare for a Fourplex, Central HVAC and Washer/Dryer hookup! Remodeling includes: New Roof & Gutters, December 2025 that is

    Hamid Shojaei Realty ONE Group Complete

    5720 Engle Rd, Carmichael, CA 95608
  • /23

    $575,000

    $30K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,848 Sq Ft

    3312 Jayanne Way, Carmichael, CA 95608

    Price reduced! 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 $575,000, 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,

    Kelly Rivett Cornish & Carey Commercial

    3312 Jayanne Way, 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 Price Trends

Median Sale Price
$550,000
Median Single Family Sale Price
$589,000
Median Townhouse Sale Price
$575,000
Median 2 Bedroom Sale Price
$345,000
Average Price Per Sq Ft
$348
Number of Homes for Sale
117
Last 12 months Home Sales
562
Months of Supply
2.50
Median List Price
$579,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-5%
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