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Carmichael, CA, 95608 • 95608 • Sacramento County
$290/sqft
Down payment assistance available
4Beds
3Baths
2,118Sqft
0.15 acLot
1977Built
2-Car Garage
Attached · Off Street
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Listed 4 days ago · 213 views · 11 saves
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4 days on market
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$290/sqft
Price per square foot
Multi Family · Built 1977
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 at $615,000, 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 stability with significant rental upside. The property is in turnkey condition following a series of recent capital improvements, including full kitchen and bathroom remodels in 2019, HVAC updates in 2014 and 2023, and a full exterior paint refresh in 2014. These upgrades minimize near-term maintenance costs for a new owner. Located near the Crestview Village Shopping Center and the I-80 corridor, this duplex is a rare, low-maintenance investment in a high-demand rental pocket. Notably, this property can be purchased individually or as part of a three-duplex portfolio, as the seller is also offering 5904-5906 Bourbon Way and 5908-5910 Bourbon Way located just around the corner.
Based on current rates
Est. 6.48% rate · 30yr fixed · $492,000 loan
Full calculator →Key facts and listing details
10 categories of property features
1 room detailed
Kitchen
Market data and value estimates
3 schools rated nearby
Carmichael, CA, 95608
6 events
25 years of records
Local context around this listing
Carmichael, CA • Sacramento County
Nearby cities
Nearby zip codes
Based on information from the MLSListings MLS as of 2026-04-07 10:44:18 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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