Property Details
About this Property
Well-maintained 4-unit multifamily property consisting of two duplex buildings on a large 1/3 acre lot adjacent to Ellis Lake with direct access from the property. All four units are spacious 2-bedroom / 1-bath layouts and include in-unit washer and dryer. The units are in great condition, with interior renovations completed in recent years, including updated flooring, paint, and appliances. Current rents are $1,400 per unit, producing an approximate 5.8% cap rate based on actual operating history, management, and conservative vacancy assumptions. The property offers clear and achievable upside through rent increases to market levels and utility charge-backs (RUBS). Based on conservative pro forma assumptions, returns can be increased into the 7.12%-7.72% cap rate range without major renovation or redevelopment. Additional long-term upside exists due to the oversized 1/3rd acre lot, which may allow for additional units such as a duplex ADU, subject to buyer verification of zoning and approvals. Landscaping renovations have recently been completed; photos were taken prior to completion. Professionally managed with documented financials. An excellent opportunity for an investor seeking stable in-place income with realistic, executable upside. Shown by appointment onl
MLS Listing Information
MLS #
ME226000539
MLS Source
MetroList Services, Inc.
Days on Site
6
Interior Features
Appliances
Other
Flooring
Carpet, Other, Tile, Varies by Unit, Vinyl, Wood
Cooling
Central Forced Air, Other
Heating
Central Forced Air, Other
Exterior Features
Roof
Flat
Foundation
Other
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
R-4
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 916 | 2 | 1/0 | – |
| 2 | 0 | 2 | 1/0 | – |
| 3 | 0 | 2 | 1/0 | – |
| 4 | 0 | 2 | 1/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1115 D St is a Residential Income in Marysville, CA 95901. This 3,664 square foot property sits on a 0.296 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $750,000 and was built in –. This address can also be written as 1115 D St, Marysville, CA 95901.
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This listing information is up-to-date as of January 08, 2026. For the most current information, please contact Blake Hammond, (916) 625-6118
