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Property Description
Turn-key downtown Auburn triplex with strong income potential and fully renovated systems. Located in the heart of downtown Auburn, 124, 126 & 128 Oakwood Drive offer a rare opportunity to acquire a fully reimagined multi-unit property in a highly walkable, high-demand rental location. Originally a commercial office building, this property has been thoughtfully converted into three residential units, featuring a desirable unit mix: one spacious 2-bedroom, 2-bathroom unit on the lower level and two 1-bedroom, 1-bathroom units upstairs. This layout appeals to a wide range of tenants and supports consistent occupancy. The heavy lifting has already been completed. The property has undergone a comprehensive renovation, including new plumbing, roof, flooring, insulation, drywall, and exterior improvements such as landscaping, steps, and walkways. Each unit is equipped with brand-new appliances and updated finishes, helping minimize near-term capital expenses and ongoing maintenance. Situated just moments from Auburn's shops, dining, and local amenities, the location supports strong rental demand and long-term value. Off-street parking adds convenience for tenants. This is an excellent opportunity for an investor seeking a low-maintenance, income-producing property with modernized systems, strong rental appeal, and upside potential in a desirable foothill market.
Full Property Details
Full Property Details for 124 Oakwood Dr
General
- Price: $1,195,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226035867
- Updated: 3/26/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dishwasher, Microwave, Free Standing Electric Oven
- Flooring: Tile, Wood, Luxury Vinyl Plank
Rooms
Other Rooms
- Laundry: Washer/Dryer Owned, In Each Unit
Parking
- Total Spaces: 6
- Parking: Off-Street Parking, Open
Location
- Area: 12301
- County: Placer
- Cross Streets: Lincoln Way
- Driving Directions: Take Grass Valley Hwy to dead-end in downtown at Lincoln Way. L. @ Lincoln, immediate R. @ Oakwood. First building on right. Across Lincoln from St Joseph's Catholic Church. Across Oakwood from Meritage Auto.
School Information
- School District: Placer
- Elem School District: Auburn Union
- Midd School District: Auburn Union
- High School District: Placer Union High
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Individual
- Heating Type: Individual, Multi-Zone
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: City, Sewer In & Connected, Electric
Structural Information
- Architectural Style: Two Story
- Construction: Other
- Foundation: Slab
- Roof: Composition
- Windows: Dual Pane Full
- Stories/Levels: 2
- Square Feet: 1,856
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 1936
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.0644
- Lot Size (Sq. Ft.): 2,805
- Irrigation System: None
- Zoning: R-3
- Lot Description: Shape Regular, Landscape Front
Disclosures and Reports
- Special Conditions: None
- APN: 002-180-002-000
Listed by eXp Realty of Northern California, Inc.
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Schools
Schools serving 124 Oakwood Dr
School Districts:Auburn Union Elementary School District, Placer Union High School District
| Name | Grades | Distance |
|---|---|---|
Skyridge Elementary School 800 Perkins Way, Auburn, CA 95603 | K-5 | 1.6 mi |
EV Cain Middle 150 Palm Avenue, Auburn, CA 95603 | 6-8 | 0.6 mi |
Placer High School 275 Orange Street, Auburn, CA 95603 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 Oakwood Dr
Date
Details
Price
Change
Source
3/26/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 Oakwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,498
191%
$202,878
2%
2023
$857
—
$198,900
359%
2023
$857
—
$43,328
2%
2022
$853
2%
$42,479
2%
2021
$835
—
$41,647
1%
2020
$831
1%
$41,221
2%
2019
$822
3%
$40,414
2%
2018
$797
3%
$39,623
2%
2017
$775
3%
$38,847
2%
2016
$752
3%
$38,086
2%
2015
$729
3%
$37,515
2%
2014
$710
3%
$36,781
—
2013
$686
—
$36,616
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 Oakwood Dr
124 Oakwood Drive, Auburn, CA 95603 (MLS# 226035867) is a Single Family property with 0 bedrooms and 0 full bathrooms. 124 Oakwood Drive is currently listed for $1,195,000 and was received on March 26, 2026. Want to learn more about 124 Oakwood Drive? Do you have questions about finding other Single Family real estate for sale in Auburn? You can browse all Auburn real estate or contact a Coldwell Banker agent to request more information.

