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  • 5940 Rye Way

5940 Rye Way, Carmichael, CA 95608

$590,000 Approx. USD 0 beds, 0 baths
2,118 sqft

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Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTOR® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net Text Me
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Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
 Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Fax: 310-858-1295
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Listing Agent


Kelly Rivett | kelly.rivett@nmrk.com
Lic#: 01249433
Broker: Courtesy of Cornish & Carey Commercial
Phone: 916-569-2385

Agent Remarks

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 5904-5906 Bourbon Way and 5908-5910 Bourbon Way located just around the corner.

Listing Details

Property type: Duplex (Multi-Family)
Status: Pending
MLS# ML82041354
List price is $590,000 Reduced by $15,000 on 6/23/2026
Price: $590,000
Beds: 0
Baths: 0
Built in 1977
2,118 sqft
0.15 acres
Lot size: 0.1500
County: Sacramento
Zoning: RD-10
Appliances: Dishwasher,Electric Cooktop
Parking description: Off Street
Heating/cooling: Central Air
Heating description: Central
MLS area: 699 - Not Defined

Last Updated: 8/4/2026

 Days On Market (DOM): 124

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 38.652269, -121.325170.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTOR® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net Text Me
Call My Cell
Call My Office
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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