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5940 Rye Way, Carmichael, CA 95608

$590,000 Approx. USD 0 beds, 0 baths
2,118 sqft

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Kelly Rivett | kelly.rivett@nmrk.com
Lic#: 01249433
Broker: Courtesy of Cornish & Carey Commercial
Phone: 916-569-2385

Agent Remarks

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 just reduced to $590,000, 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 rare, low-maintenance investment in a high-demand rental pocket. Notably, this property can be purchased individually or as part of a three-duplex portfolio, as the seller is also offering 5904-5906 Bourbon Way and 5908-5910 Bourbon Way located just around the corner.

Listing Details

Property type: Duplex (Multi-Family)

Status: Active

MLS# ML82041354

List price is $590,000 Reduced by $15,000 on 6/23/2026

Price: $590,000

Beds: 0

Baths: 0

Built in 1977

2,118 sqft

0.15 acres

Lot size: 0.1500

County: Sacramento

Zoning: RD-10

Appliances: Dishwasher,Electric Cooktop

Parking description: Off Street

Heating/cooling: Central Air

Heating description: Central

MLS area: 699 - Not Defined

Last Updated: 7/9/2026

Days On Market (DOM): 105

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 38.652269, -121.325170.
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