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Sold on 08/19/2025
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2240 Garfield Ave, Carmichael, CA 95608

  • $530,000

    Last sold 08/19/2025

  • —

    bed

  • —

    bath

  • 1,871

    Sqft ($283/Sqft)

Multi-family not for sale
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About 2240 Garfield Ave

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Lot size 0.38 Acre
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
RARE investment opportunity to own three adjacent duplexes on three HUGE separate parcels. Potential development opportunity to add ADUs on each of the three .38 +/- acre lots. 2bd/1ba unit duplex. All units have a single car garage and ample additional off-street parking. Strong cash flow potential. Prime Carmichael location in close proximity to public transportation, shopping and the American River Parkway. ALL THREE DUPLEXES TO BE SOLD TOGETHER. PROPERTY TO BE SOLD WITH 2246-2248 GARFIELD (MLS# 225068112) AND 2252-2254 GARFIELD (MLS# 225068159). EACH DUPLEX IS PRICED INDIVIDUALLY; REFER TO EACH LISTING.
Listed by
Listing Agent - Tiffany B Scalia
Listing Office - Terranova Partners
Source: Metrolist Services,Inc. mls logo
MLS#225067991 • last updated 9 months ago
Movoto checked Metrolist Services,Inc. for data 5 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Window Unit(s)
Heating Fireplace(s), Wall Furnace
Levels/Style 1, A-Frame
Type Residential Income
MLS # 225067991
Status Active
SubType Duplex
SqFt 1871
Lot Size (Sqft) 16553
Lot Size (Acres) 0.38
Year Built 1957
Interior
Laundry In Each Unit
Flooring Carpet, Laminate, Vinyl
Appliances Varies By Unit
Exterior
Foundation Concrete
Roof Composition
Construction Wood Siding
Parking Attached, Off Street, Garage, Guest Parking Available
Lot Features Landscape Front
Irrigation Source Public District
Amenities / Utilities
Sewer/Septic In & Connected, Public Sewer
Water Source Public
Location
Elementary School District San Juan Unified
Middle School District San Juan Unified
High School District San Juan Unified
Directions Refer To Google Maps.
APN 283-0090-035-0000
Multifamily Details
Total # of Units 2
Income Includes Rent Only
Lot/ Land Details
Topography Level, Level
$529K
Range: $486K-$571K
Last 30 days 
Rental est.: $1,252/month
Gross rent multiplier: 46.6
  • Aug 2025
    mls logo MLS # 225067991
  • Aug 19, 2025 Sold
    $530,000 (-24.3%)
  • Jul 4, 2025 Pending
    —
  • May 30, 2025 Listed
    $699,950
  • 2240 Garfield Ave
    $530K
  • Carmichael Colony
    $736K -1% y/y
  • 95608
    $580K -1% y/y
  • Carmichael
    $580K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Starr King K-8
public Grades K-8
San Juan Unified School District
8/10
Rio Americano High School
public Grades 9-12
San Juan Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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