Rare Fair Oaks Investment Opportunity! Situated on a spacious 0.43-acre lot in a desirable location, this unique property features two duplexes for a total of four well-maintained 2-bedroom, 1-bath units. Each unit includes its own carport with private storage and is designed for easy, long-term rental appeal. All four units are currently occupied, providing immediate income from day one. Unlike properties in a typical duplex neighborhood, this one offers a more spacious setting with a convenient location just minutes from the American River Parkway, the American River, shopping, dining, and commuter routes. The oversized lot provides abundant additional parking and may offer future potential for an additional unit. Whether you're looking to expand your investment portfolio or secure a quality income property in a prime Fair Oaks location, this is an opportunity you won't want to miss.
Closed
$700,000
4824 Gastman Way, Fair Oaks, CA 95628
8beds
--sqft
Quadruplex
Built in 1961
-- sqft lot
$699,500 Zestimate®
$--/sqft
$2,078 Estimated rent
Home value
$699,500
$637,000 - $762,000
$2,078/mo
Zestimate® history
Owner options
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$2,078/mo
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$2,078/mo
Rent Zestimate®
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$4,521/mo
Est. payment
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$4,521/mo
Est. payment
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More spacious setting
Zillow last checked:
Listing updated:
Listed by:
Becky Lund DRE #01297999 916-531-7124,
Nick Sadek Sotheby's International Realty,
Daniel Harris DRE #02182462 916-633-4345,
Nick Sadek Sotheby's International Realty
Bought with:
Mairin Haley, DRE #01965456
Compass
Source: MetroList Services of CA,MLS#: 226091721Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Free-Standing Electric Range
- Laundry: In Unit
Features
- Flooring: Carpet, Linoleum
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.43 Acres
- Features: Secluded, Shape Regular
Details
- Parcel number: 24204400130000
- Zoning: res
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Quadruplex
Materials
- Brick, Lap Siding, Wood
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer In & Connected, Internet Available
Community & HOA
Location
- Region: Fair Oaks
Financial & listing details
- Tax assessed value: $322,486
- Price range: $700K - $700K
- Date on market: 7/20/2026
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Water
- Income includes: Rent Only
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Sold | $700,000-17.6% |
Source: MetroList Services of CA #226091721 Report a problem | ||
| 7/28/2026 | Pending sale | $849,000 |
Source: MetroList Services of CA #226091721 Report a problem | ||
| 7/20/2026 | Listed for sale | $849,000 |
Source: MetroList Services of CA #226091721 Report a problem | ||
| 7/24/2025 | Listing removed | $1,345 |
Source: Zillow Rentals Report a problem | ||
| 7/10/2025 | Price change | $1,345-3.6% |
Source: Zillow Rentals Report a problem | ||
| 5/30/2025 | Listed for rent | $1,395+3.7% |
Source: Zillow Rentals Report a problem | ||
| 5/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/30/2024 | Price change | $1,345-3.6% |
Source: Zillow Rentals Report a problem | ||
| 4/11/2024 | Price change | $1,395-3.8% |
Source: Zillow Rentals Report a problem | ||
| 3/23/2024 | Listed for rent | $1,450 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $322,486 +2% |
| 2025 | $3,948 +0.8% | $316,164 +2% |
| 2024 | $3,916 +3% | $309,965 +2% |
| 2023 | $3,802 +0.4% | $303,888 +2% |
| 2022 | $3,786 +2% | $297,930 +2% |
| 2021 | $3,712 +1.5% | $292,089 +1% |
| 2020 | $3,658 +2.6% | $289,095 +2% |
| 2019 | $3,565 +2.3% | $283,427 +2% |
| 2018 | $3,486 +1% | $277,870 +2% |
| 2017 | $3,450 +6.9% | $272,423 +2% |
| 2016 | $3,227 +4% | $267,082 +1.5% |
| 2015 | $3,104 | $263,072 +2% |
| 2014 | $3,104 | $257,920 +0.5% |
| 2013 | -- | $256,756 +2% |
| 2012 | -- | $251,723 +2% |
| 2011 | -- | $246,788 +0.8% |
| 2010 | -- | $244,945 +1.8% |
| 2008 | -- | $240,714 +2% |
| 2007 | -- | $235,995 +2% |
| 2006 | -- | $231,368 +2% |
| 2005 | -- | $226,832 +2% |
| 2004 | -- | $222,385 +1.9% |
| 2003 | -- | $218,311 +2% |
| 2002 | -- | $214,031 +2% |
| 2001 | -- | $209,835 +2% |
| 2000 | -- | $205,722 |
Find assessor info on the county website
Neighborhood: 95628
Nearby homes
- $--2 bd1 ba670 sqft4824 Gastman Way APT B, Fair Oaks, CA 95628Off Market
- $--2 bd1 ba670 sqft4824 Gastman Way APT A, Fair Oaks, CA 95628Off Market
- $729,6003 bd2 ba1.8k sqft4832 Gastman Way, Fair Oaks, CA 95628Off Market
- $640,8003 bd2 ba1.5k sqft4820 Gastman Way, Fair Oaks, CA 95628Off Market
- $--2 bd1 ba670 sqft4822 Gastman Way #9B27FA83F, Fair Oaks, CA 95628Off Market
- $674,0002 bd1 ba670 sqft4822 Gastman Way APT A, Fair Oaks, CA 95628Off Market
- $702,3005 bd3 ba2.5k sqft7861 Sunset Ave, Fair Oaks, CA 95628Off Market
- $368,1002 bd2 ba1.3k sqft4827 Gastman Way, Fair Oaks, CA 95628Off Market
Nearby schools
GreatSchools rating
- 3/10Kingswood Elementary SchoolGrades: K-8Distance: 1.2 mi
- 3/10San Juan High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$699,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$699,500
- California
- Sacramento County
- Fair Oaks
- 95628
- 4824 Gastman Way
