A Resource for Buyers: Exploring the Average Price of Duplexes & Triplexes in Elk Grove, CA

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The real estate market in Elk Grove, particularly for duplexes and triplexes, has been dynamic and promising for buyers in search of multi-family investment opportunities. Between 2023 and 2024, nine duplex and triplex properties were sold in the 95624 zip code, offering valuable insights into the current market.

Key Market Insights

    1.    Average Price of Duplexes

Based on recent sales data, the average sales price for duplexes and triplexes in Elk Grove (95624) is $577,444. This figure reflects the diverse pricing of properties ranging from $650,000 to $725,000.

    2.    Median Price

The median price for these properties is $690,000, highlighting strong demand and competitive pricing in this area.

    3.    Quick Turnover

With all but one of the properties selling in under 30 days, it’s evident that these homes are in high demand, making them a valuable option for buyers looking for both primary residence and investment opportunities.

Why Choose Elk Grove?

    •    Growing Market: Elk Grove is known for its family-friendly neighborhoods, access to quality schools, and proximity to Sacramento.

    •    Investment Potential: Duplexes and triplexes are attractive options for investors due to the potential for rental income and long-term property appreciation.

    •    Community Appeal: The 95624 area offers a mix of suburban tranquility and urban convenience, making it appealing to a variety of buyers.

Tips for Buyers

    1.    Know Your Budget: With prices averaging in the mid-$600,000s, it’s essential to work with a realtor experienced in multi-family properties to find the best fit for your financial goals.




    2.    Act Quickly: Properties in this market tend to sell fast, so be prepared to move forward when you find a good match.

    3.    Consider the Benefits: Duplexes and triplexes can help offset your mortgage costs through rental income, making them a smart choice for buyers interested in house hacking or long-term investments.

A Realtor You Can Trust

Navigating the multi-family housing market requires expertise and insight. As a dedicated real estate professional with experience in Elk Grove’s housing market, I’m here to guide you every step of the way. Whether you’re a first-time buyer, seasoned investor, or looking to expand your portfolio, I’m committed to helping you achieve your goals.

Feel free to reach out for more information or to schedule a viewing of the latest duplex and triplex listings in Elk Grove.








YOUTUBE VIDEO: Duplexes & Triplexes in Elk Grove Revealed!


Tavon Willis, ABR, MRP

Your trusted resource for Elk Grove real estate and beyond.

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