5940 Rye Way
Carmichael, CA 95608
4
Bed
0
Bath
2,118Sqft
6,534Sqft(Lot)
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 d
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionAppliances: Dishwasher, Electric Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1977Building Area Total: 2118Private Pool: No
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Lot Information
Main Square Feet: 6534 Lot Size Acres: 0.15 Lot Size Source: Assessor Lot Size Square Feet: 6,534
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Listing Price Information
Listing Price: $590000Original Price: $615000
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Tax Information
Parcel Number: 23602520130000 Annual Tax: $2711
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Virtual Tour
Parking Information
Off StreetGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: From Manzanita Avenue, go east on Bourbon Way, then a right on Rye Way until you arrive at 5940. Cross Street: Bourbon Way WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Leos Lane, Carmichael, CA, 95608 | $875,000 | -- | -- | 2,137 | 2,137 SqFt |
| Bambi Court, Carmichael, CA, 95608 | $560,000 | -- | -- | 1,763 | 1,763 SqFt |
| Clark Avenue, Carmichael, CA, 95608 | $550,000 | -- | -- | 2,016 | 2,016 SqFt |
| Del Campo Lane, Carmichael, CA, 95608 | $1,999,000 | -- | -- | 6,949 | 6,949 SqFt |
| Denver Drive, Carmichael, CA, 95608 | $799,000 | -- | -- | 2,317 | 2,317 SqFt |
| 2434 Camino Garden Way, Carmichael, CA, 95608 | $825,000 | -- | -- | 2,320 | 2,320 SqFt |
| Oak Avenue, Carmichael, CA, 95608 | $850,000 | -- | -- | 3,964 | 3,964 SqFt |
| Casita Avenue, Carmichael, CA, 95608 | $559,000 | -- | -- | 1,584 | 1,584 SqFt |
| 3964 Queenston Court, Carmichael, CA, 95608 | $595,000 | -- | -- | -- | |
| 2434 Camino Garden Way, Carmichael, CA, 95608 | $860,000 | -- | -- | 2,320 | 2,320 SqFt |
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ByOwner last updated this listing 07/21/2026 @ 18:25
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