- Property Subtype:
- 3+ Houses on Lot
- Bedrooms:
- 3
- Full Bathrooms:
- 2
- Acres:
- ~ 2.1
- Approximate Square Footage:
- 2,859
- Lot Square Footage:
- 91,476
- Stories:
- 1
- Year Built:
- 1963
$869,500
111 Covey Road Auburn, 95603
3 Beds | 2 Full Baths | 2,859 SqFt | 2.1 Acres
Unlock the potential of this rare income-producing property featuring a triplex on two acres, tucked away in a peaceful, private setting just minutes from town. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the others, or create a multi-generational living opportunity, this property offers exceptional flexibility. The property has a proven history of consistent rental income and includes: 105 Covey Road - A charming 1-bedroom, 1-bath home currently generating $1,800 per month. 111 Covey Road - A 2-bedroom, 1-bath home with projected rental income of $2,175 per month, currently vacant and ready for a new tenant or owner occupancy. 115 Covey Road - A spacious 3-bedroom, 2-bath home currently leased for $2,500 per month. All three residences are in good condition, offering immediate income potential with minimal upfront work. The current rental configuration produces strong cash flow while still providing the flexibility to occupy the vacant home yourself, making it an ideal opportunity for both investors and owner-occupants. Properties like this are difficult to find with a private setting, multiple income streams, and the versatility to fit a variety of investment strategies. Whether you're seeking dependable passive income or a property that helps pay for itself, this is an opportunity you won't want to miss.
- County:
- Placer
- HOA Dues:
- $0
- Zoning:
- RES
- Construction:
- Frame, Wood
- Foundation:
- Raised, Slab
- Roof Description:
- Composition
- Site Description:
- Shape Irregular
- Style Description:
- Ranch, Contemporary
- Elementary School District:
- Auburn Union
- Middle School District:
- Auburn Union
- High School District:
- Placer Union High
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Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on July 1, 2026, 3:28 pm PDT