Duplex opportunity in historic Ione, ideal for investors seeking a solid cash-flowing property or homebuyers looking to house-hack by living in one unit while renting the other. Welcome to 737-739 Preston Avenue, a well-maintained income property offering incredible versatility. Set on a generous 7,405 square foot lot, this property provides a total of 1,820 square feet of living space with an excellent unit mix. Unit 739 on the right side features a spacious 3-bedroom, 2-bathroom layout, offering plenty of room for a comfortable owner-occupied residence or long-term tenants. Unit 737 on the left side is a comfortable 2-bedroom, 2-bathroom space that is highly desirable for renters and easy to maintain. Both units boast private entrances and functional floor plans, ensuring a distinct separation of space. The expansive lot provides ample outdoor living areas perfect for weekend barbecues, and relaxation, serving as a major value-add for prospective occupants. Additionally, the property includes dedicated off-street parking for both units, a highly sought-after feature that promotes convenience and low vacancy rates. Located in the welcoming community of Ione, this property delivers the best of small-town living with incredible convenience. You are just minutes away from local schools, charming downtown shops, dining, and community parks. Ione's central location in Amador County also makes commuting to Jackson, Sacramento, or the Sierra foothills a breeze. Multi-family properties offering this level of condition, location, and potential are a rare find.