3701 Morse Ave - Apartments FOR SALE


Sacramento, CA 95821- Outer Arden-Arcade
$900,000 USD
916-541-3630
3701 Morse Ave, Sacramento, CA for Sale
$900,000 USD
Apartments - FOR SALE
1/14
null | 6% Cap Rate

3701 Morse Ave
Sacramento, CA 95821
Outer Arden-Arcade


OVERVIEW

3701 Morse Ave is well-maintained 6 unit apartment building located in Sacramento's Arden/Arcade submarket. The property consists exclusively of two-bedroom, one-bathroom units, each approximately 634 square feet. Over time, the units have been thoughtfully updated with modern cabinetry, countertops, appliances, and bathroom vanities. Wood laminate flooring has been installed throughout the living areas and bathrooms, while the bedrooms feature carpet flooring. Each kitchen is equipped with an electric range, refrigerator, dishwasher, and garbage disposal. Units are serviced by individual wall-mounted heating and air conditioning systems, and residents are responsible for all utilities within their units. Property amenities include on-site laundry facilities and off-street parking for residents. The property has also benefited from several recent capital improvements. The central water heater was replaced in 2025, and a new roof was installed approximately two years ago. Additionally, all electrical subpanels have been upgraded with Arc-Fault and Tamper-Resistant circuit breakers.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

6

PRICE/UNIT

$150,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RD20, Sacramento

APN/PARCEL ID

254-0060-025

ASK ABOUT THIS PROPERTY

Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.