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Key Details
Sold Price $773,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $214
Subdivision Northrop Estates
MLS Listing ID 226022884
Year Built 1964
Lot Size 8,328 Sqft
Property Sub-Type Quadruplex
Property Description
Improved Price Prime 4-Unit Investment located on a court in established Northrup Estates. 831 Cathedral Ct presents a compelling opportunity for the experienced investor seeking stable cash flow with value-add potential. This well-located fourplex offers a desirable unit mix supported by functional amenities including shared attached garages, a community laundry room, and a gated common yard, features that consistently appeal to long-term tenants. Interior upgrades vary per unit. In some of the units improvements include updates such as cabinetry, granite countertops, and newer appliances and ceiling fans. Exterior enhancementsinclude updated decking. From a location standpoint, this asset checks key investment boxes. Situated in the high-demand Arden-Arcade area, the property benefits from the proximity to major employment and lifestyle hubs. Tenants enjoy easy access to Swanston Park, Arden Fair Mall, and a wide range of dining and retail options. The property is also minutes from the American River and near California State University. Sacramento has a consistent tenant pool of students, professionals, and families alike. Commuter appeal is strong with quick access to major freeway corridors, placing Downtown Sacramento and surrounding employment centers within easy reach. This central location enhances long-term rental demand and minimizes vacancy risk. Whether you're looking to stabilize and hold or further reposition for increased rents, this property offers the fundamentals seasoned investors look for: location, functionality, and upside.
Location
State CA
County Sacramento
Area 10825
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1500 SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1043 SqFt Source: Owner Unit-3 Type: Apartment Approx SqFt: 700 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1417 SqFt Source: Owner Unit-4 Type: Apartment Approx SqFt: 1100 Bedrooms: 3 Full Baths: 1 Partial Baths: 1 Occupancy: Tenant Rent: 1551 SqFt Source: Owner
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Carpet, Tile, Laminate
Laundry Coin Operated, In Common Area
Exterior
Parking Features Attached, Garage
Garage Spaces 4.0
Utilities Available Cable Available, Sewer In & Connected, Electric, Internet Available
Building
Lot Description Court, Landscape Front
Story 2
Foundation Concrete, Slab
Sewer Public Sewer
Water Water District, Public
Schools
Elementary Schools San Juan Unified
Middle Schools San Juan Unified
High Schools San Juan Unified
School District Sacramento
Others
Special Listing Condition None
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Lance McHan
Broker Associate License ID: 01987449
Broker Associate License ID: 01987449


