Mokelumne Hill Homes with Quadruplex Property Subtype

Welcome to Mokelumne Hill, a hidden gem nestled in the heart of Calaveras County, California. This charming historic town, rich in Gold Rush heritage, offers a unique blend of small-town charm and modern conveniences. With its picturesque landscapes, friendly community, and a vibrant local culture, Mokelumne Hill is the perfect place to call home.

One of the most enticing real estate opportunities in Mokelumne Hill is the availability of quadruplex properties. These multi-family homes provide an excellent investment opportunity, ideal for those looking to generate rental income or accommodate extended family. The quadruplex layout allows for four distinct living spaces, offering both privacy and community under one roof. Imagine the possibilities of owning a property that not only serves as your residence but also provides a steady income stream from tenants.

The town itself is surrounded by breathtaking natural beauty, with rolling hills, lush forests, and nearby rivers that offer endless recreational opportunities. Whether you enjoy hiking, fishing, or simply taking in the serene views, Mokelumne Hill caters to outdoor enthusiasts and nature lovers alike.

In addition to its natural allure, Mokelumne Hill boasts a close-knit community with local shops, restaurants, and annual events that celebrate its rich history. With easy access to nearby towns and major highways, residents can enjoy the tranquility of small-town living while still being connected to urban amenities.

Explore the charm of Mokelumne Hill and discover the potential of quadruplex properties—your perfect investment awaits!

Newest Mokelumne Hill Homes with Quadruplex Property Subtype

$279,500

2,490 SqFt. ⋅ 226048548 MLS

Discover a rare investment opportunity on a spacious 5-acre parcel featuring four established rental homes that are currently occupied and generating income. This property delivers immediate cash flow while offering significant upside through targeted improvements and development potential. The four homes provide much-needed affordable housing in the area, attracting reliable tenants and creating a built-in demand for these practical, no-frills residences. While the units would benefit from cosmetic and functional updates (a classic value-add project), they are fully functional and continue to perform as solid rental producers. Rental income varies with market conditions and tenant turnover, but the portfolio has demonstrated consistent occupancy and long-term tenant retention. A standout feature is the existing foundation of a small burned unit, offering a straightforward path to rebuild and restore an additional dwelling. Combined with the possibility of developing one more unit on the expansive grounds (subject to local zoning and approvals), this property has clear potential to expand to five income streamsdramatically increasing net operating income for the savvy investor. Additional property highlights include: Shared well system with electricity paid by the owner and billed back to tenantsproviding a simple, transparent utility arrangement that keeps operations straightforward. Ample acreage for privacy, future expansion, outbuildings, or added amenities that could further boost appeal and rents.Strong investor appeal in a market hungry for affordable rental housing with room to scale. Whether you're looking to stabilize and grow an existing rental portfolio, undertake a value-add renovation for higher rents, or capitalize on the extra-unit potential, this 5-acre gem checks all the boxes for long-term cash flow and appreciation. The current setup delivers hands-off income today while the land and extra foundation unlock tomorrow's growth. Ideal for investors, developers, or owner-operators seeking a turnkey income producer with built-in upside. Serious inquiries onlyproof of funds requested. Contact agent today for detailed financials, rent rolls, and a private showing. Don't miss this chance to own a piece of scalable, affordable housing real estate on prime acreage!

27 Ridge Road, Mokelumne Hill

Listing courtesy of Big Trees Real Estate.

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