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454 N 3rd Avenue, Oakdale
$500,000
1,328 SqFt. ⋅ 226117283 MLS
UNIQUE single-family home investment opportunity. Great location in the mature northern downtown Oakdale area, huge corner lot (12,000+ SF) on 3rd & B Street. Walking distance to Dorado City Park, public pool. Summer Concerts in the Park, Kid's Play Park, and Oakdale's fine dining area. The 1,300 SF, 2-bedroom, 1.5 Bath home was built in 1920. Additions over the years are still in good shape. The 600+ SF, 2+ car garage supports further expansion. Currently zoned R3 and, according to the City of Oakdale, allows a total of 4 dwelling units. Verify with Mr. Garvel at the City Planning Dept. Three Development Options: A) Remodel existing home & add an additional 2/1 home on the west side, splitting the existing garage into two 1-car garages w/ rear storage or laundry. B) Build a nice 3+bedroom home facing B Street. C) Build a duplex facing B St. Building area = 100FT wide x 50Ft deep. A two-story is possible by building over the garages. Oakdale has rules for new construction: The Design Expectation for Residential Living - Single & Multi-Family Units.

454 N 3rd Avenue, Oakdale

Listing courtesy of Century 21 Select Real Estate.

961 El Terino Avenue, Modesto
$499,999
1,566 SqFt. ⋅ 226117672 MLS
A rare opportunity to acquire proven, cash flowing rental properties in the heart of Modesto, California. The Bates Initiative represents a curated collection of duplexes and triplexes positioned in strong, established neighborhoods throughout the city, each delivering consistent rental income with tenants already in place. These are not fixer-upper speculations or value-add gambles. These are performing assets in desirable Modesto locations, benefiting from the Central Valley's sustained rental demand and a tenant base that keeps them occupied and producing. With occupancy rates running near capacity across the portfolio, the income is real and the runway is long. Whether you are an investor looking to plant your first flag in the Central Valley or a seasoned operator ready to scale, the Bates Initiative offers flexibility. Individual properties are available for those looking to start or add strategically, and the full portfolio is available for acquisition by a single buyer looking to move meaningfully into one of California's most resilient rental markets. Modesto's fundamentals continue to support strong rental performance. Growing population, limited housing inventory, and consistent demand from working families make this market a dependable income engine for landlords who know what they are looking at. Opportunities like this, performing, nearly fully occupied, and available individually or as a whole, do not surface often. Inquire for property addresses, rent rolls, and financials.

961 El Terino Avenue, Modesto

Listing courtesy of PMZ Real Estate.

1280 B Street, Walnut Grove
$499,900
3,125 SqFt. ⋅ 226121992 MLS
Own a unique piece of history just steps from the Sacramento River! This beautifully updated property combines timeless character with modern updates and exceptional versatility being zoned R3. Featuring dual zoning, the property offers exciting potential for multi unit, or commercial use on the street level with comfortable residential living upstairs, making it ideal for entrepreneurs, investors, or those seeking a live-work lifestyle. The meticulously restored building preserves its historic charm while offering contemporary amenities throughout. The lower level presents endless possibilities as living space, or a home business, boutique retail space, professional office, studio, or other commercial ventures. Upstairs, you'll find soaring ceilings, gorgeous hardwood floors, and an inviting open-concept living space. The spacious kitchen features granite countertops, updated appliances, custom cabinetry, and an island. The full bathroom includes a luxurious soaking tub and a walk-in shower. The generously sized bedrooms showcase beautiful wood flooring, high ceilings, and custom built-ins. The main level can easily serve as living space including additional bedrooms, guest room, office or workspace. Located near the scenic Sacramento River and notably not in a flood zone, this one-of-a-kind property offers endless possibilities to create your dream home, business, or investment. Historic charm, modern comfort, and incredible potential come together in this must-see opportunity.

1280 B Street, Walnut Grove

Listing courtesy of Better Homes and Gardens RE.

2151 Martin Luther King Jr Way, Merced
$499,900
2,004 SqFt. ⋅ 226093612 MLS
Located at 2151 Martin Luther King Jr Way in Merced, California, this multi-family residence presents an attractive property in great condition. Imagine evenings spent in the living room, the fireplace casting a warm glow as you relax and unwind after a long day. The inviting ambiance encourages quiet reflection and provides a comfortable space for gathering. The kitchen features stone countertops, offering a durable and elegant surface for preparing meals and creating culinary masterpieces. This space is designed to be both functional and aesthetically pleasing, making it a joy to spend time in. The bathroom includes a walk-in shower, providing a practical and convenient space for your daily routine. This multi-family residence provides an incredible opportunity to own an attractive property in Merced, California.

2151 Martin Luther King Jr Way, Merced

Listing courtesy of Century 21 Select Real Estate.

1311 F Street, Sacramento
$499,000
1,802 SqFt. ⋅ 226113015 MLS
Presenting an exceptional investment opportunity at 1311-1309 F St, Sacramento, CA, USA. This multi-family property, encompassing 1802 square feet of living area plus a grandfather ADU, stands as a prime option for investors and a compelling prospect for handy homeowners. This property is a great investment opportunity, poised for those seeking to enhance their portfolio or embark on a rewarding renovation project. The inherent flexibility of a multi-family dwelling provides diverse avenues for income generation or multi-generational living arrangements. This property represents a strategic acquisition for discerning investors or those seeking a project to transform into a personalized residence. We invite you to explore the potential of this property.

1311 F Street, Sacramento

Listing courtesy of TerraNova Realty.

2527 Plantation Place, Stockton
$499,000
2,341 SqFt. ⋅ 226101338 MLS
Excellent opportunity for an owner-occupant or investor! This well-located duplex features two mirrored units, each offering 3 bedrooms, 2 bathrooms and a 2-car garage, providing a versatile combination of comfortable living space and rental income potential. The current owner occupies one side, while the other unit is occupied by a long-term, month-to-month tenant with a history of reliable rent payments and pays for all utilities for their unit. With the owner-occupied unit potentially renting for approximately $2,100 per month, this property offers an attractive opportunity to generate income from both units or live in one while collecting rent from the other. Each unit features generously sized bedrooms, a dining area, fireplace, indoor washer and dryer hookups, and a private backyard patio. Attached 2-car garages for each side provide additional parking and storage. The property is ready for its next owner to add their personal touch and build equity. Paint, carpet and other updating would go a long way toward refreshing the interiors and enhancing the property's rental and investment potential. Conveniently located within the Lodi Unified School District and walking distance to a nearby elementary school. Commuters will appreciate easy access to I-5, while shopping, restaurants and everyday conveniences are just minutes away. Whether you're looking to expand your rental portfolio, create a multi-generational living arrangement, or offset your mortgage by living in one unit and renting the other, this duplex offers flexibility, income potential and an opportunity to add value. Bring your vision and make this property work for you!

2527 Plantation Place, Stockton

Listing courtesy of RE/MAX Gold.

2916 Marysville Boulevard, Sacramento
$498,000
2,029 SqFt. ⋅ 226106908 MLS
Welcome to this solid two‑story duplex in North Sacramento offering stable income, functional layouts, and long‑term rental demand. Each unit occupies its own private level, creating excellent separation of space and tenant privacy. The upper unit features interior stairs providing direct access to its dedicated garage, a rare convenience in this price segment. The lower unit has been remodeled with new kitchen, bathroom, flooring and paint which offers single‑level living with easy access to garage parking and outdoor space. Both units include 2 bedrooms and 1 bath, efficient floorplans, and durable finishes suitable for long‑term tenancy. The property has been maintained over the years with updates to flooring, paint, fixtures, newer roof and mechanical systems, supporting low ongoing operating costs. Situated on Marysville Blvd, tenants benefit from proximity to public transit, shopping, schools, parks, and major employment corridors. With strong rental history and upside potential through strategic improvements or rent alignment, this duplex is ideal for buy‑and‑hold investors, portfolio builders, and 1031 exchange buyers seeking a performing Sacramento asset with room to grow.

2916 Marysville Boulevard, Sacramento

Listing courtesy of JTS Realty.

8010 Loucreta Drive, Sacramento
$490,000
1,636 SqFt. ⋅ 226067892 MLS
Each unit features 2 bedrooms and 1 bathroom with a comfortable, functional floor plan designed for everyday living. The vacant unit has been thoughtfully updated with fresh paint, newer flooring, and refreshed kitchen and bathroom finishes, creating a clean and inviting space ready for immediate occupancy. The adjacent unit is tenant-occupied, offering instant rental income from day one. Whether you're looking to owner-occupy while offsetting your mortgage with rental income, expand your investment portfolio, or secure a dependable income-producing property, this duplex offers flexibility and long-term potential. Conveniently located near shopping, dining, schools, and major commuter routes, this is an excellent opportunity for both investors and owner-occupants alike. A smart investment with endless possibilities!

8010 Loucreta Drive, Sacramento

Listing courtesy of Family Realty Group.

4913 Harrison Street, North Highlands
$485,000
1,835 SqFt. ⋅ 226110308 MLS
Ideal opportunity on a fantastic duplex that is tucked away on an interior street with easy access to I-80 FRWY for the commuter! Each unit features 2 bedrooms and 1 bath, along with a generously sized living room and bright, inviting kitchen with a cozy breakfast nook. Both units offer attached garages, with one providing a 1-car and the other a 2-car garage. Washer/dryer hookups available for added convenience. Each unit has its own spacious private backyard with plenty of room for gardening, outdoor play, and entertaining. The vacant unit has been professionally cleaned and features all-new interior paint. A great opportunity for an investor or owner-occupant buyer with rental income built in. Priced lower than comps, you won't want to miss this one!

4913 Harrison Street, North Highlands

Listing courtesy of Windermere Signature Properties Natomas.

7616 Birdie Court, Sacramento
$479,900
2,000 SqFt. ⋅ 226126591 MLS
Terrific duplex opportunity at 7616 Birdie Ct in Sacramento! Whether you're looking to live in one unit and rent out the other or add a solid income-producing property to your investment portfolio, this property offers flexibility and potential. One unit features 2 bedrooms, 1 bathroom, and a 1-car garage, while the second unit offers 2 bedrooms, 2 bathrooms, and a spacious 2-car garage. The separate units provide a great setup for owner-occupants, extended family living, or rental income. Conveniently located near shopping, dining, schools, parks, and everyday amenities, with access to the Elk Grove Unified School District. A hard-to-find opportunity for buyers looking to combine homeownership with investment potential. Live in one. Rent the other. Build your real estate portfolio!

7616 Birdie Court, Sacramento

Listing courtesy of Portfolio Real Estate.

7394 Stratford Street, Sacramento
$469,000
1,731 SqFt. ⋅ 226118665 MLS
Discover an inviting home at 7394 Stratford St, Sacramento, CA, USA, a multi-family property that is ready for an investor or owner-occupant. This ranch-style residence offers a unique opportunity for flexible living, presenting a harmonious blend of comfort and practicality. The exterior of the property features a classic ranch architectural style, complemented by a welcoming porch, perfect for enjoying quiet mornings or peaceful evenings. Beyond the main structure, a private yard offers a secluded outdoor retreat, ideal for relaxation or entertaining. An attached garage provides convenience and secure parking. This thoughtfully designed multi-family property is an exceptional offering that promises a versatile and comfortable lifestyle.

7394 Stratford Street, Sacramento

Listing courtesy of Bryan Lincoln Real Estate.

a Mt Aukum Road, Somerset
$469,000
1,200 SqFt. ⋅ 226097267 MLS
POTENTIAL INCOME PRODUCER WITH some infrastructure investment to finish build out on 2 of the 3 units for multiple tenants and/or multi-generational living at close to El Dorado & Amador County Wineries on 2+ usable, fenced acres. The primary house is a single level ranch styled home featuring 2 bedrooms, 2 full baths, spacious living room & kitchen with a covered front porch and rear patio. Attached to the primary house is a guest cottage with a 1/2 bath and then the detached barn/garage has an unfinished apartment, tack & storage rooms. RV/Boat & Recreational Vehicle parking is easy here plus 3 covered car port spaces - easily room for 20 vehicles - bring all your friends & family. Close to a sweet local elementary school, quickie-mart for gas, beer & snacks, the Cosumnes River and local El Dorado and Amador county wineries.

a Mt Aukum Road, Somerset

Listing courtesy of Century 21 Select Real Estate.

4931 Andrea, Sacramento
$450,000
1,645 SqFt. ⋅ 226117689 MLS
Opportunity awaits at this well-located Sacramento duplex offering two 2-bedroom, 1-bath units, each with its own 2-car garage and driveway parking. The property totals approximately 1,645 square feet and provides a practical layout for both units. Both units are currently occupied by established tenants, providing an existing rental income stream for the next owner. One tenancy has been in place for approximately 18 years, offering an exceptional history of long-term occupancy. The property is being offered with the current tenants in place, creating an opportunity for an investor to acquire an income-producing duplex with established tenancy. Conveniently located near shopping, dining, schools, parks, and major transportation routes, this property offers both functionality and long-term investment potential. Buyer to verify all rental, lease, voucher, income, and property information and perform their own due diligence.

4931 Andrea, Sacramento

Listing courtesy of GUIDE Real Estate.

220 Drake Avenue, Modesto
$450,000
1,320 SqFt. ⋅ 226116470 MLS
INVESTORS!! PRIME INVESTMENT OPPORTUNITY! Centrally located duplex within walking distance to McHenry Village, grocery stores, and transportation. The front unit is a 1 possible 2 bedroom, 1 bath. The second unit is a 1/1. Both units have been updated, featuring a newer roof, fresh interior and exterior paint, granite kitchen counter tops with tile backsplash, mini split units and laminate flooring. Each unit includes its own appliance package, including a stove, refrigerator, washer and dryer. Both units also feature private fenced patio areas with concrete pads providing a comfortable outdoor space for tenants. Many of the major upgrades have been done, offering investors an excellent opportunity to own a well maintained income property. Both units are currently occupied, with one tenant on a month to month agreement and the other tenant on a lease. Don't miss this opportunity to own a turnkey investment property!

220 Drake Avenue, Modesto

Listing courtesy of Weeks Real Estate.

1250 B Street, Walnut Grove
$450,000
2,172 SqFt. ⋅ 226075399 MLS
Rare Opportunity to become the new owner of the historic Miyazaki Bathhouse property in the sleepy delta town of Walnut Grove. This property, built around 1915, was meticulously & lovingly renovated with an eye for historical preservation; careful attention to detail is evident. The downstairs is comprised of a large living/dining room with fir floors, small bedroom, 2 bathrooms, plus the fantastic skylit bathhouse area with 2 vintage-tiled soaking tubs, 2 seated scrub stations, & steam shower room. Upstairs is a light & bright, very charming 2 bedroom apartment with balcony & large updated kitchen with marble counters, built-in refrigerator, & dishwasher. This beautiful property has many possibilities for a creative buyer who wishes to be a part of this wonderful community. Live/work space, duplex, storefront, spa, gallery, or... Once in a lifetime opportunity.

1250 B Street, Walnut Grove

Listing courtesy of Compass.

3423 Vallecito Bypass Road, Vallecito
$450,000
1,800 SqFt. ⋅ 225601039 MLS
Hard to find a duplex in the country and here it is! This rare investment opportunity offers two well-maintained 2-bedroom, 1-bath units on 1.2 acres in the heart of Vallecito, just minutes from Murphys and Angels Camp. Enjoy the peaceful country setting with easy access to Hwy 4 and local conveniences. Each unit features a comfortable living room, spacious kitchen with laundry area, and an enclosed back deck perfect for relaxing or extra storage. Unit 1: carpet and linoleum flooring Unit 2: laminate flooring and a cozy wood stove Both tenants are long-term and would love to stay a great advantage for investors seeking consistent rental income.Recent updates include exterior paint, roof treated with RoofMax, and newer heating and air systems. The property also offers a large detached two-car garage with additional storage areas, plus plenty of level space for gardening, animals, boat or RV parking. A seasonal creek meanders through the acreage, creating a natural separation and adding to the rural charm. There's potential for future possibilities on the opposite side of the creek check with the county for possible options. Public water and sewer service are in place, and a fire hydrant sits conveniently across the street. Whether you're a first-time investor or adding to your portfolio, this is a well-located, income-producing duplex in a highly desirable foothill community where such properties rarely become available. Shown by appointment only 24-hour notice required.

3423 Vallecito Bypass Road, Vallecito

Listing courtesy of Berkshire Hathaway HomeServices-Drysdale Properties.

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