5940 Rye Way, Carmichael, CA 95608

Carmichael
Local realty services provided by:ERA Donahoe Realty
5940 Rye Way,Carmichael, CA 95608
$590,000
  • - Beds
  • - Baths
  • 2,118 sq. ft.
  • Multi-family
  • Active
Listed by: kelly rivett
Office: cornish & carey commercial408-727-9600
MLS#:ML82041354
Source:CRMLS

Price summary

  • Price:$590,000
  • Price per sq. ft.:$278.56

About this home

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 just reduced to $590,000, 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...

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Home facts

  • Year built:1977
  • Listing ID #:ML82041354
  • Added:93 day(s) ago
  • Updated:July 05, 2026 at 10:59 AM

Rooms and interior

  • Flooring:Carpet
  • Kitchen Description:Dishwasher, Electric Cooktop
  • Living area:2,118 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1977
  • Building area:2,118 sq. ft.
  • Lot area:0.15 Acres
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$590,000
  • Price per sq. ft.:$278.56
  • Tax amount:$2,711

Features and amenities

  • Appliances:Dishwasher, Electric Cook Top

Parking

  • Parking description:Off Street
  • Garage:Yes
  • Garage spaces:2
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