5940 Rye Way, Carmichael, CA 95608

Carmichael
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
5940 Rye Way,Carmichael, CA 95608
$590,000
  • - Beds
  • - Baths
  • 2,118 sq. ft.
  • Multi-family
  • Active
Listed by: kelly rivett
Office: cornish & carey commercial
MLS#:ML82041354
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$590,000
  • Price per sq. ft.:$278.56

About this home

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...

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Home facts

  • Year built:1977
  • Listing ID #:ML82041354
  • Added:120 day(s) ago
  • Updated:August 01, 2026 at 01:28 PM

Rooms and interior

  • Living area:2,118 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1977
  • Building area:2,118 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$590,000
  • Price per sq. ft.:$278.56
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 1, 2026

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