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27 Ridge Road Mokelumne Hill, CA $ 279,500
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27 Ridge Road
$ 279,500
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27 Ridge Road

Mokelumne Hill, CA, 95245
$ 279,500
Baths0.0 Sq 2,490

Monthly Estimate*

$ 1,721

27 Ridge Road, Mokelumne Hill, CA 95245 - Image 1
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27 Ridge Road, Mokelumne Hill, CA 95245 - Image 9
Studio

Multi-Family Home for sale in Mokelumne Hill, CA

for $279,500. This 2,490 square foot home was built in 1946 on a lot size of 5.29.

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 us 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!

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Multi-Family Active

Price

$ 279,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

5.29

Year Built

1946

Town/City

Mokelumne Hill

County/Region

Calaveras

MLS | Web ID

226048548
Features
General
Sewer Septic Connected
Heating Varies by Unit
Cooling Varies by Unit
Utilities Electric
Roof Composition
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 875
HOA Fee 0
Garage Spaces 0.0
Construction Materials Wood
Year Built 1946
Stories Count 1
Topography Level
Property Subtype Quadruplex
Elevation 0
County Calaveras
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions Highway 26 to Ridge Road or Mountain Ranch Road to Railroad Flat Road to the Corner of Ridge Road
City Mokelumne Hill
High School District Calaveras Unified
Zoning Description RA-20
Open Parking Spaces 0.0
Number Of Units Total 4
MLS Area 22029
Lot Size Square Feet 230432.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Calaveras Unified
Elementary School District Calaveras Unified
Year Built Source Assessor Agent-Fill
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Interior
Flooring See Remarks
Total Stories 1
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 2
Unit3Bedrooms 0
Laundry Features Varies by Unit
Unit 1 Bedroom Units Total 1
Unit 2 Bedroom Units Total 2
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street
Lot Features Corner Shape Regular
Water Source Well
Total Parking 20.0
Foundation Details Concrete SeeRemarks
Number of Buildings 5
Lot Size Acres 5.29
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 27
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* Excluded Features
List By
Big Trees Real Estate

Broker

danseider@gmail.com

Email

Affordability Calculator

$1,721
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,721
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193606 Elementary School
3193701 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/18/2026 $279,500 Listed Price

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27 Ridge Road, Mokelumne Hill, CA, 95245 is a Multi-Family Home for sale at $279,500 with 2,490 sqft and a lot size of 5.29. 27 Ridge Road is a studio with 0.0 baths and was built in 1946. The property's zip code is 95245 which is in Mokelumne Hill, CA

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