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111 Covey Road, Auburn, CA 95603

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$869,500

111 COVEY ROAD, AUBURN, CA 95603

$869,500

MLS# 226082733

Active

  • TypeSingle Family
  • Beds3
  • Year Built
  • Baths2
  • Days On Market
  • Total Finished Sq. Ft.2,859
  • Lot Size
  • Acres

Property Description

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.

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Property Details 111 COVEY ROAD, AUBURN, CA 95603

  • Sq. Ft.: 2,859
  • List Price per Sq. Ft.: 304
  • Sub Type: 3+ Houses on Lot
  • School District: Placer
  • County: Placer
  • On Market Date: 07/01/2026
  • Date Last Updated: 07/06/2026
  • Year Built: 1963
  • Terms: Cash, Conventional, Submit

Bedrooms

  • Beds: 3

Bathrooms

  • Full Bathrooms: 2
  • Garage Description: Uncovered Parking Space, Uncovered Parking Spaces 2+
  • Construction: Frame, Wood
  • Roof Type: Composition
  • No. of Fireplaces: 1
  • Floors: Carpet, Linoleum, Vinyl
  • Foundation: Raised, Slab
  • Lot Description: Shape Irregular
  • Lot Size (Sq. Ft.): 91,476
  • Heating: Central
  • Cooling: Central
  • Water: Public
  • Sewer: Septic System
  • Utility: Propane Tank Leased
  • Air: Central
  • Kitchen: Ceramic Counter
  • Parking: Uncovered Parking Space, Uncovered Parking Spaces 2+
  • Dining: Dining/Family Combo, Space in Kitchen
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Special Conditions: None
  • The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Area Overview





This calculator is provided for informational purposes only. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

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                          Market Overview for Auburn

                          Single Family & Condo/Townhouse | July 2026

                          21

                          268

                          $709K

                          (-11.58% )

                          $701K

                          (-10.49% )
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