$945,000

Estimated payment $5,428/month

5 Beds
4 Baths
1,923 Sq Ft
$491 Price per Sq Ft

Highlights

  • Wood Flooring
  • Private Yard
  • Cottage
  • David Lubin Elementary Rated 9+
  • No HOA
  • Covered Patio or Porch

About This Home

Excellent turn-key investment. Fresh paint & new roofs! A great opportunity to own 4 darling & desirable detached cottages on one lot, centrally located on a quiet street near shopping, restaurants & downtown. 3226,3228 & 3230 W Street are all cute 1 bedroom, 1 full bath cottages with lots of character and charm. Each property features a comfortable living room, spacious kitchen, and inside laundry hook-ups. 3226 is located over the 3-car garage and features 2 bedrooms & 1 full bath & W/D hook-ups. Garage spaces are offered to the tenants to rent for additional income. Tenants pay gas & electricity. Close to everything; UC Davis Medical Center, downtown, award winning schools, shopping, parks & freeway access. One unit, 3230 W Street, has been updated and is vacant and available to be shown. PLEASE DO NOT DISTURB THE TENANTs of the other units. Tenants are on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,500, $1,495, $1,502, and $1,895 per month. In addition to rents, tenants also pay a total of $237, combined per month, towards sewer/water/garbage & garage rent. Total monthly income is $6,629. Total annual income is $79,548. GRM is 11.88 and 8.42% Cap Rate based on gross rents. A fantastic investment opportunity with lots of potential.

Listing Agent

Greg Batchelder

Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 04/26/2026

Windermere Signature Properties El Dorado Hills/Folsom

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Private Yard

Parking

  • 3 Car Garage
  • On-Street Parking
  • 1 Open Parking Space

Home Design

  • Quadruplex
  • Cottage
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,923 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 010-0262-005-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

6,534 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Flats
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1939
  • Architectural Style: Cottage
  • Stories: 1
  • Number Of1 Bedrooms Occupied: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Disposal
  • Flooring: Carpet, Laminate, Linoleum, Wood, Varies by Unit
  • Price Per Square Foot: 491.42
  • Square Footage: 1923.00
  • Window Features: Varies by Unit, Window Coverings

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Exterior Features: Yard Space
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 945000.00
  • Lot Features: Shape Regular, Curbs/Gutters, Sidewalk, Landscape Front
  • New Construction: No
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Open Parking Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking Features: Open, Street, Garage, Varies by Unit, See Remarks
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Sewer In & Connected, Electric, Natural Gas Connected
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace, Varies by Unit
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R-4
  • Irrigation: None
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00

Rental Info

  • Tenant Pays: Electricity, Gas, See Remarks

Multi Family

  • Income Includes: ["See Remarks","Other"]
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Gross Income Multiplier: 11.900
  • 1 Bedroom Rent Range: $1500-$1900
  • Two Bedroom Rent Range: $1700.00 - $1850.00

Tax Info

  • Assessor Parcel Number: 010-0262-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,420 $436,814 $147,972 $288,842
2024 $5,420 $428,250 $145,071 $283,179
2023 $5,293 $419,854 $142,227 $277,627
2022 $5,202 $411,623 $139,439 $272,184
2021 $4,962 $403,553 $136,705 $266,848
2020 $4,995 $399,416 $135,304 $264,112
2019 $4,892 $391,585 $132,651 $258,934
2018 $4,765 $383,907 $130,050 $253,857
2017 $4,698 $376,380 $127,500 $248,880
2016 $4,532 $369,000 $125,000 $244,000
2015 $1,086 $67,771 $16,446 $51,325
2014 $1,066 $66,454 $16,126 $50,328
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2026 04/26/26 For Sale $945,000 -- $491 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 226049983

MetroList
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