5940 Rye Way
Carmichael, CA 95608
4
Bed
0
Bath
2,118Sqft
6,534Sqft(Lot)
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 ra
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Composition Property Appliances: Dishwasher,Electric Cooktop Flooring: Carpet -
Cooling Features
Central Air Air ConditioningHeating Source
Central Has Heating
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Building Information
Year Built: 1977 Building Area Total: 2,118 Roof: Composition -
Foundation
Slab -
Accessibility Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.15 -
Lot Size Source: Assessor Lot Size Square Feet: 6534
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Listing Price Information
Original List Price: 615,000 Listing Contract Date: 2026-04-02 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 23602520130000 Annual Tax: 2711
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Garage and Parking
Garage Description: Off StreetHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: From Manzanita Avenue, go east on Bourbon Way, then a right on Rye Way until you arrive at 5940. Cross Street: Bourbon Way Zoning: RD-10 Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Duplex -
Building and Construction
Property Age: 49 Structure Type: Duplex Year Built Source: Assessor Total Square Feet Living: 2118
At $290.37 per sq.ft.,this listing is priced below average compared to other multifamily from Carmichael.
The average multifamily price in Carmichael is $498412.86 with avg. price / sq.ft of $2844.68.
The average multifamily price in Sacramento County is $540257.14 with avg. price / sq.ft of $3659.00.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Del Campo Lane, Carmichael, CA, 95608 | $1,999,000 | -- | -- | 6,949 | 6,949 SqFt |
| Safari Court, Carmichael, CA, 95608 | $799,000 | -- | -- | 1,928 | 1,928 SqFt |
| 4922 Douvan Court, Carmichael, CA, 95608 | $594,000 | -- | -- | 1,826 | 1,826 SqFt |
| 2434 Camino Garden Way, Carmichael, CA, 95608 | $860,000 | -- | -- | 2,320 | 2,320 SqFt |
| Clark Avenue, Carmichael, CA, 95608 | $550,000 | -- | -- | 2,016 | 2,016 SqFt |
| 5153 Janell Way, Carmichael, CA, 95608 | $745,000 | -- | -- | 3,218 | 3,218 SqFt |
| 4134 Empire Way, Carmichael, CA, 95608 | $575,000 | -- | -- | 1,728 | 1,728 SqFt |
| Jayanne Way, Carmichael, CA, 95608 | $599,000 | -- | -- | 1,848 | 1,848 SqFt |
| Bambi Court, Carmichael, CA, 95608 | $560,000 | -- | -- | 1,763 | 1,763 SqFt |
| Denver Drive, Carmichael, CA, 95608 | $799,000 | -- | -- | 2,317 | 2,317 SqFt |
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ByOwner last updated this listing 04/06/2026 @ 22:34
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