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8 Beds
4 Baths
916 sqft

$650,000

1115 D Street, Marysville CA, 95901

Price per sqft$709.61
Built in1941
Property size916 sqft
Property typeMulti-family

Overview

Active

Listed Jul 29, 2026

Updated 2 weeks ago

Investment opportunity featuring **two duplex buildings (4 units total)** situated on a large 1/3-acre lot adjacent to Ellis Lake with direct access from the property. Each unit offers a spacious 2-bedroom, 1-bath floor plan with in-unit washer and dryer. The oversized lot offers future development potential, with room that may accommodate additional units, such as an ADU or duplex ADU, subject to buyer verification of zoning, approvals, and development standards. New roofs have just been completed, providing added value and reducing near-term capital expenses. Current gross annual rents are **$67,200** ($1,400 per unit), producing an approximate 6.4% cap rate based on current operating history. Additional upside may exist through implementation of a RUBS (Ratio Utility Billing System) program, allowing a future owner to recover a portion of utility expenses, subject to buyer verification. Photos were taken prior to the current tenants moving in. Shown by appointment only. Please do not disturb tenants.

$4,324/mo

Est. mortgage payment based on a $650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226095489

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Taxes
$3,970
Tax Frequency
Annually
Maintenance Expense
$2,000
Waterfront
Yes
MLS provider logo

Courtesy of Better Homes and Gardens RE, Blake Hammond,
Listing Contact:  

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