Community laundry roomGated common yardNewer appliancesGranite countertopsUpdated deckingShared attached garagesCeiling fans
Improved Price Prime 4-Unit Investment located on a court in established Northrup Estates. 831 Cathedral Ct presents a compelling opportunity for the experienced investor seeking stable cash flow with value-add potential. This well-located fourplex offers a desirable unit mix supported by functional amenities including shared attached garages, a community laundry room, and a gated common yard, features that consistently appeal to long-term tenants. Interior upgrades vary per unit. In some of the units improvements include updates such as cabinetry, granite countertops, and newer appliances and ceiling fans. Exterior enhancementsinclude updated decking. From a location standpoint, this asset checks key investment boxes. Situated in the high-demand Arden-Arcade area, the property benefits from the proximity to major employment and lifestyle hubs. Tenants enjoy easy access to Swanston Park, Arden Fair Mall, and a wide range of dining and retail options. The property is also minutes from the American River and near California State University. Sacramento has a consistent tenant pool of students, professionals, and families alike. Commuter appeal is strong with quick access to major freeway corridors, placing Downtown Sacramento and surrounding employment centers within easy reach. This central location enhances long-term rental demand and minimizes vacancy risk. Whether you're looking to stabilize and hold or further reposition for increased rents, this property offers the fundamentals seasoned investors look for: location, functionality, and upside.
147 days
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376
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19
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Zillow last checked:
Listing updated:
Listed by:
Analyn MillerDRE #01717833916-813-2961,
Keller Williams Realty
Source: MetroList Services of CA,MLS#: 226022884Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Full bathrooms: 4
Partial bathrooms: 1
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Free-Standing Refrigerator, Dishwasher, Microwave, Free-Standing Electric Oven, Free-Standing Electric Range
Laundry: Coin Operated, Common Area
Features
Flooring: Carpet, Tile, Laminate
Has fireplace: No
Interior area
Total structure area: 0
Total interior livable area: 3,600 sqft
Property
Parking
Total spaces: 4
Parking features: Attached, Garage
Attached garage spaces: 4
Lot
Size: 8,328 Square Feet
Features: Court, Landscape Front
Topography: Level,Level
Details
Parcel number: 29400220080000
Zoning: RD-20
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Stucco, Frame, Wood
Foundation: Slab, Concrete
Condition
Year built: 1964
Utilities & green energy
Sewer: Public Sewer
Water: Water District, Public
Utilities for property: Cable Available, Sewer In & Connected, Electric, Internet Available
Community & HOA
Community
Subdivision: Northrop Estates
Location
Region: Sacramento
Financial & listing details
Price per square foot: $222/sqft
Tax assessed value: $404,524
Annual tax amount: $5,123
Price range: $799K - $799K
Date on market: 2/27/2026
Tenant pays: Electricity, Gas
Income includes: Coin Operated Equipment, Rent Only
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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