1115 D Street

Marysville, CA95901

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 only. Please do not disturb tenants.

Listing courtesy of Better Homes and Gardens RE



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Last checked 2026-01-09 12:41 AM PST