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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
  • /42

    $595,000

    • 4 Beds
    • 2 Baths
    • 1,820 Sq Ft

    3962 Queenston Ct, Carmichael, CA 95608

    Turnkey Carmichael Duplex! Nestled on a quiet cul-de-sac, this beautifully maintained duplex offers an excellent investment opportunity with both units currently tenant occupied under 12-month lease agreements. Approximately two years ago, both units underwent extensive interior renovations featuring stylish new kitchens with updated cabinetry and finishes, remodeled bathrooms, new flooring

    Vlad Okel Capital Group Realty, Inc.

    3962 Queenston Ct, Carmichael, CA 95608
  • /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
  • /39

    $559,000

    $16K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    6221 Casita Ave, Carmichael, CA 95608

    Rare investment opportunity in the heart of Carmichael! Located on a quiet, tree-lined street, this well-maintained duplex is the only duplex on the block! Each unit offers 2 bedrooms, 1 bathroom with luxury vinyl plank flooring, open kitchen, nice landscaping and 1 car garage! Major updates include new milguard dual-pane windows, newer roof, floors, & paint. One unit is vacant and move-in ready,

    Megan Laherrere Realty ONE Group Complete

    6221 Casita Ave, Carmichael, CA 95608
  • /5

    $590,000

    $25K 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 just reduced to $590,000, 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

    Kelly Rivett Cornish & Carey Commercial

    5940 Rye Way, Carmichael, CA 95608
  • /14

    $629,900

    • 4 Beds
    • 4 Baths
    • 2,184 Sq Ft

    5037 Sugar Ln, Carmichael, CA 95608

    Michael Brown Merge Real Estate

    5037 Sugar Ln, Carmichael, CA 95608
  • /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
  • /64

    $850,000

    • 8 Beds
    • 6 Baths
    • 3,964 Sq Ft

    5945 Oak Ave, Carmichael, CA 95608

    TREMENDOUS VALUE-ADD OPPORTUNITY - BRING YOUR OFFER! Approved plans in place to complete this existing 3-unit property featuring two large 3 bed / 2 bath units and one 2 bed / 2 bath unit. Prime location directly across from Riverwood Gated Community Resort with nearby access to the American River Parkway. Offering includes stamped approved plans, permits, full renderings and GC bids. Much of

    Alexis McGee eXp Realty of California Inc.

    5945 Oak Ave, Carmichael, CA 95608
  • /6

    $605,000

    $35K 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 and just reduced to $605,000. The property features a 1,134 sq. ft. 2-bed/2-bath unit, and a 984 sq. ft. 2-bed/1-bath unit. 5904 is currently vacant, with 5906 vacant later this month. This situation is ideal and

    Kelly Rivett Cornish & Carey Commercial

    5904 Bourbon Dr, Carmichael, CA 95608
  • /46

    $790,000

    • 4 Beds
    • 2 Baths
    • 2,313 Sq Ft

    2709 Walnut Ave, Carmichael, CA 95608

    Welcome to 2709 Walnut Avenue, a versatile offering an excellent opportunity for investors, multi-generational living, or owner-occupants seeking rental income potential! Situated on a spacious lot in an established Carmichael neighborhood, this property features two separate living spaces designed to accommodate a variety of lifestyles and investment goals.The expansive driveway provides

    Erika Robertson Side Inc.

    2709 Walnut Ave, Carmichael, CA 95608
  • /17

    $610,000

    $30K 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 reduced to $610,000, 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

    Kelly Rivett Cornish & Carey Commercial

    5908 Bourbon 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 Price Trends

Median Sale Price
$559,000
Median Single Family Sale Price
$590,000
Median Townhouse Sale Price
$560,000
Median 2 Bedroom Sale Price
$347,000
Average Price Per Sq Ft
$350
Number of Homes for Sale
134
Last 12 months Home Sales
561
Months of Supply
2.90
Median List Price
$582,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%
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