Sacramento Homes with Flats Subtype Description

Welcome to Sacramento, the vibrant capital of California, where rich history meets modern living! Nestled in the heart of the Golden State, Sacramento is renowned for its diverse culture, thriving arts scene, and a culinary landscape that will tantalize your taste buds. With its warm Mediterranean climate, residents enjoy sunny days and mild winters, making it an ideal place for outdoor enthusiasts. Explore the beautiful parks, take a stroll along the American River, or immerse yourself in the local farmer's markets that showcase the best of California’s produce.

When it comes to real estate, Sacramento offers a variety of options to suit every lifestyle, including the increasingly popular homes with flats. This unique housing subtype combines the charm of traditional home design with the practicality of modern living. Homes with flats typically feature spacious layouts, allowing for flexible use of space. Whether you're looking for a cozy guest suite, a home office, or a rental opportunity, these flats provide the perfect solution.

The neighborhoods of Sacramento are as diverse as its residents, with each area boasting its own character and charm. From the historic streets of Old Sacramento to the family-friendly suburbs of East Sacramento, there’s something for everyone. With a growing economy and a strong sense of community, Sacramento is not just a place to live; it’s a place to thrive. Discover your dream home today and experience the best that Sacramento has to offer!

Newest Sacramento Homes with Flats Subtype Description

$950,000

3,072 SqFt. ⋅ 226052491 MLS

Turnkey Cash Flow Meets Value-Add Potential An incredible investment opportunity in one of Sacramento's most desirable, high-demand rental pockets! Nestled right near Land Park, Sacramento City College, and Hughes Stadium, this 4-plex offers immediate rental income paired with huge upside potential for an investor or owner-occupant looking to house-hack. Key Highlights & Unit Breakdown Turnkey Income: 1 unit is currently occupied by a great tenant paying $2,033/month, delivering immediate, predictable cash flow on day one. Blank Canvas for Top-Tier Market Rents: 3 units have been newly remodeled and delivered vacant! Choose your own qualified tenants at current market rents or move into one unit while letting the remaining three pay your mortgage. Spacious Layouts: Consistent 2 Bed / 1 Bath layouts (~768 sq. ft. per unit) with open living spaces, modern updates, fresh paint, and renovated interiors. Location, Location, Location Walkability & Commute: Steps from Sacramento City College and light rail access for an effortless Downtown/Midtown commute. Amenities: Minutes to William Land Park, Sacramento Zoo, local breweries, and nearby shopping centers. High-Demand Area: Extremely low-vacancy pocket with strong, continuous tenant interest from students, healthcare workers, and downtown professionals.

2205 15th Avenue, Sacramento

Listing courtesy of Property Depot Realty Services, Inc.

$7,100,000

29,558 SqFt. ⋅ 226089012 MLS

The Corum Building is a value-add mixed-use building that is being offered for sale for the first time in 32 years. Enjoying a high visibility location at the corner of 22nd Street and J Street, a main arterial road that connects Downtown to East Sacramento, the Corum is a 3-story midrise featuring 42 residential units and two ground floor retail tenants across 29,558 total square feet. The property is comprised to two separate structures that are connected by an outdoor stairwell and breezeway. 926 22nd Street, which is located at the corner of 22nd and J Street, is a brick-clad building that includes the anchor ground floor retail space and 25 studio units on the second and third floors. The second structure, 916 22nd Street, which is located at the corner of 22nd Street and Improv Alley, features 17 total units including 16 one-bed units and 1 two-bed unit. All 42 units have been upgraded to varying degrees over the years but most include newer LVP flooring, cabinetry, and lighting together with updated original architectural features. Capital improvements within the last 10 years includes new roofs on both structures and new electric panels at 926 22nd. The ground floor of the property is leased to two retail/office tenants including O-Toro Midtown, an established sushi restaurant with a long track record of success at the property. O-Toro leases 4,500 SF at the corner of 22nd and J St. and recently extended its triple-net lease through March 2035. The other retail space, measuring 670 SF along 22nd Street, is leased to a local non-profit through August 2026; it is possible this retail space could be converted to a 43rd residential unit. The Corum is being offered at $7,100,000 which equates to a 5.99% blended capitalization rate based on actual income and proforma expenses. Given the existing rents are about 20% below market, there is potential upside to a 8%+ annual return. The property is squarely in the heart of Midtown, just two blocks from the MARRS Building and Midtown Farmers Market, and walking distance to dozens of best-in-class amenities, parks, and the American River Bike Trail. This is a true generational investment and a rare opportunity to purchase a iconic building in Midtown.

926 22nd Street, Sacramento

Listing courtesy of Ken Turton, Broker.

$1,095,000

4,365 SqFt. ⋅ 226088950 MLS

2722-2730 T Street is a 5-unit apartment building located in the historic Newton Booth neighborhood in Midtown. The two-story property includes 4 one-bedroom units and 1 two-bedroom unit, each with their own address number and exterior front door off T Street. The units are efficient and spacious at an average size of 870 square feet, and feature original millwork and cabinetry, hardwood floors, and original architectural features. The partial but full-height basement includes shared laundry and additional free tenant storage. The property is located at the corner of 28th and T Streets, just two short blocks from the Sacramento Food Co-Op, Temple Coffee Roasters, and Bus80 on and off ramps. The average existing rent is $1,590 per month ($1.82 PSF), so a buyer can take advantage of attractive upside in the rents and instituting RUBS. Priced at $1,095,000 ($219,000 per door) which is a 5% cap rate based on actual income and expenses.

2722 T Street, Sacramento

Listing courtesy of Ken Turton, Broker.

$575,000

1,518 SqFt. ⋅ 226081811 MLS

Welcome to 4901 & 4903 58th Street, a well-positioned duplex situated on a spacious corner lot in the desirable Tallac Village neighborhood. Featuring two 2-bedroom, 1-bath units with approximately 1,518 square feet of combined living space. This duplex offers excellent potential for investors or those looking to add value over time.

4903 58th Street, Sacramento

Listing courtesy of Realty ONE Group Complete.

$1,500,000

3,694 SqFt. ⋅ 226076957 MLS

Located in the heart of Sacramento's highly desirable Midtown urban core, this mixed-use investment property presents a rare opportunity to acquire a high-quality, low-maintenance asset in one of the region's strongest rental markets. Built in 2014, the property offers investors the advantages of newer construction, reduced near-term capital expenditure risk, and strong tenant appeal compared to the surrounding aging housing stock. The three-story building consists of a ground-floor commercial space and two spacious residential units above, each approximately 1,150 square feet with 2 bedrooms, 1 bathroom, and large private balconies. The residential units feature open-concept floor plans, central HVAC, granite countertops, stainless steel appliances, and premium finishes designed to attract and retain quality tenants. This property's construction date positions it favorably relative to California's rent control regulations, providing investors with greater operational flexibility than many older multifamily assets. Its modern infrastructure, including zonal fire sprinklers, surplus insulation, dual-pane windows, and fire-resistant siding, contribute to energy efficiency, lower maintenance demands and long-term ownership confidence. With its modern construction, favorable regulatory positioning, mixed-use income potential, limited near-term capital expenditure risk, possible return to office for state employees and prime Midtown location, this is an exceptional acquisition for your investment portfolio.

1306 19th Street, Sacramento

Listing courtesy of Coldwell Banker Realty.

$659,995

1,882 SqFt. ⋅ 226059774 MLS

Great opportunity and location! This charming 4-bedroom, 2-bathroom duplex offers 1,882 sp ft of living space on large corner lot. Each unit has 2 spacious bedrooms and 1 full bathroom. Both units feature a central heating and air with fireplace, fenced yard and original wood floors. The property is located in the desirable Binet Woods subdivision, close to schools and amenities.

3701 Jo Ann Drive, Sacramento

Listing courtesy of Real Life Real Estate.

$1,150,000

3,037 SqFt. ⋅ 226051729 MLS

Remodeled, stylish, fully leased Victorian triplex tucked into a special corner of midtown Sacramento's tree-lined urban setting. The entire top floor is an expansive, remodeled, 1,500 square foot, 3 bed, 1.5 bath flat with wood floors and historic finishes, bathed in natural light filtered through surrounding trees. Includes sun room and back balcony. Ground level consists of two remodeled units, each 2 bedrooms, 1 bath and surrounded by plenty of outdoor space. Midtown's social, restaurant, entertainment, art and business world is all in easy walking or biking distance. Three parks nearby. Shopping and public transit at hand. Interstate Freeways less than 10 min away. Sac Metro Airport about 15 min. Property and area always in high demand. New Elec panel to be installed on 4/27/26.

215 25th Street, Sacramento

Listing courtesy of RE/MAX Gold Midtown.

$1,725,000

4,301 SqFt. ⋅ 226051114 MLS

Absolutely unique Historic triplex; The largest individual living quarters you'll see in a historic multi-family property. Plus subdivided buildable/sellable back lot. Plus outstanding location in prime Boulevard Park quarter of Midtown. Triplex on alley-deep lot. Over 4300 square-feet of total living space with wood floors and historic finishes. Onsite parking for up to 4 cars. Entire upstairs is one large flat, approx 2200 square-ft. To be sold, together, with 2220 Government Aly - parcel 003-0184-025-0000. Front and back parcels together are 160' deep, curb to alley. Added value is projected for a new owner who chooses to build on the subdivided back parcel, either upscale town-homes or a new Carriage House with 3-4 car garage at ground level and large living quarters on 2nd floor. A new owner might profitably choose to sell the back parcel separately, either developed or undeveloped. Consult your Architect or City Planning for options. New Roof and new Electric panel in 2024. Other updated electrical, plumbing and recently new water heaters. Full-footprint basement has approximately 6'6 ceilings with potential for added income or storage.

2219 H Street, Sacramento

Listing courtesy of RE/MAX Gold Midtown.

$1,000,000

1,764 SqFt. ⋅ 226049388 MLS

Rare 13-unit mixed-use income opportunity in Sacramento's Gardenland neighborhood, delivering immediate cash flow at a 6.88% cap rate. Priced at $1,150,000 ($88,462/unit) on a 0.47-acre corner lot. Diversified rent roll spans seven individually metered RV pads, four detached studios in a single-story four-plex, one cottage-studio, and one cottage-one-bedroom generating $134,400 in gross annual rental income. RV tenants pay their own electric (owner reads individual meters monthly and bills back) plus propane; city water, sewer, and garbage are included. The four-plex and cottages are wood-frame construction originally built in 1949. Central North Sacramento location 1.4 miles from Arden/Del Paso Station and within walking distance of Northgate Plaza; Walk Score 74, Bike Score 93. Quick access to I-5, I-80, and Downtown Sacramento; 11 miles to Sacramento International Airport. Twin Rivers Unified School District. Ideal for a 1031 exchange buyer seeking stabilized small-footprint cash flow with organic rent-growth potential. Contact listing agents for financials, rent roll, and tour scheduling.

420 cleveland Avenue, Sacramento

Listing courtesy of Commercial R.E. Investors, Inc.

$740,000

2,041 SqFt. ⋅ 226041517 MLS

Curtis Park duplex features two spacious units, each with 2 bedrooms, 1 bath, bonus rooms, updated kitchens with granite countertops & dishwashers, dual pane windows, for energy efficiency. Upstairs unit has CH&A, downstairs unit has newer mini-splits. Drought tolerant landscaping and walking distance to Curtis Park, the farmer's market, restaurants, cafes, & McGeorge School of Law. Great tenants!

3043 Marshall Way, Sacramento

Listing courtesy of Compass.

$850,000

2,960 SqFt. ⋅ 225118830 MLS

Great opportunity to own five unit building of vintage American colonial style. Originally built as a fourplex, the 5th unit is an easy-to-rent roomy attic studio with its own exterior entrance. The other four spacious units have a mix of one-bedroom and two-bedroom floorplans that flow between living room, dining room, bedroom, and kitchen areas. Possible upsides to income include regular rent increases and developing off-street parking from the alley in the rear. These desirable apartments are rarely vacant.

3106 1st Avenue, Sacramento

Listing courtesy of Grounded R.E..

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