Home | Sacramento County | Carmichael | 95608 | 5940 Rye Way
MLS: ML82041354 | Status: Active | Price: $615,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,118 | 6,534 | 1977 |
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 at $615,000, 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.
| Field | Value |
|---|---|
| MLS # | ML82041354 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Kitchen | Countertop - Formica |
| Appliances | Cooktop - Electric, Dishwasher |
| Flooring | Carpet, Vinyl/Linoleum |
| Laundry | Hookups Only |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Off-Street Parking, Garage: 2 Car(s) |
| Elementary District | San Juan Unified |
| High School District | San Juan Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | RD-10 |
Kelly Rivett
Cornish & Carey Commercial
License #: 01249433
Phone: (916) 569-2385
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,134 | 2 | 2/0 | $1,850 |
| 2 | 984 | 2 | 1/0 | $1,600 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 4969 Summerwood Cir | $580,000 | – | – | 2,000 | Active |
| 5908 Bourbon Dr | $640,000 | – | – | 2,118 | Active |
| 5904 Bourbon Dr | $640,000 | – | – | 2,118 | Active |
| 7344 Palm Ave | $545,000 | – | – | 1,854 | Active |
©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of April 02, 2026. For the most current information, please contact Kelly Rivett, (916) 569-2385.