Sacramento Homes with 5 or More Units Property Subtype

Welcome to Sacramento County, a vibrant hub located in the heart of California's Central Valley. Known for its rich history, diverse culture, and thriving economy, Sacramento is a perfect blend of urban sophistication and natural beauty. As the state capital, it boasts an array of attractions, including the historic Old Sacramento Waterfront, the impressive California State Capitol, and the lush parks that offer a respite from city life. With its warm Mediterranean climate, residents enjoy year-round sunshine, making outdoor activities a staple of life here.

For those interested in investment opportunities, Sacramento County offers a unique real estate market with a variety of properties, including homes with five or more units. These multi-family properties are ideal for investors looking to capitalize on the growing rental demand in the region. With a steady influx of students, professionals, and families relocating to the area, the potential for rental income is robust.

Properties with five or more units not only provide a steady cash flow but also offer the advantage of economies of scale. Investors can benefit from shared maintenance costs and management efficiencies, making these properties a smart choice for both seasoned investors and newcomers alike.

With its diverse neighborhoods, ranging from the bustling downtown area to the serene suburbs, Sacramento County is an attractive location for those seeking to invest in multi-family homes. Whether you're looking to expand your portfolio or enter the real estate market, Sacramento County is a place where opportunity meets community. Embrace the chance to be part of this dynamic region and explore the possibilities that await!

Newest Sacramento Homes with 5 or More Units Property Subtype

$1,950,000

226083606 MLS

2423 L Street (8 Units) presents a rare opportunity to acquire a boutique multifamily asset in the heart of Midtown Sacramento, one of the regions most desirable and vibrant urban neighborhoods. The property consists of Six large Studio Apartments that have been tastefully remodeled and complemented by two newly constructed detached ADU units, each offering approximately 600 square feet with 2bedroom/1bathroom floor plans. The combination of existing rental income and brand-new construction creates an attractive investment opportunity with a diverse unit mix and a strong long term rental demand. The front building consists of six studio apartments that provide efficient and affordable housing in a highly sought-after rental market. Behind the main structure are two newly completed detached ADUs, each featuring modern 2-bedroom/1-bathroom floor plans, contemporary finishes, open-concept living spaces, and approximately 600 square feet of living area. These newly built units offer investors minimal deferred maintenance and command premium rental rates relative to traditional apartment inventory. Updates to the older structure include a brand new roof (2024), sewer lateral replacement (2026), electrical panel upgrades, all dry rot cleared, new paint job, brand new landscaping, two rebuilt fences and 4 of 6 remodeled interiors.

2423 L Street, Sacramento

Listing courtesy of Collier's International.

$3,995,000

18,421 SqFt. ⋅ 226090335 MLS

Wetzlar Square, an exceptionally rare opportunity to acquire one of Downtown Sacramento's most distinctive mixed-use investment properties. Offered for sale for the first time since 1989, Wetzlar Square consists of three architecturally unique buildings situated on a single parcel, blending irreplaceable historic character with stable income and long-term investment potential. The property features 23 apartment units and ground-floor professional office suites, creating a diversified income stream that appeals to investors seeking both stability and future upside. Each building offers its own unique identity. 1019 H Street is a striking three-story brick apartment building showcasing timeless architectural character. 1021 H Street, originally constructed by Julius Wetzlar in 1871, is one of Downtown Sacramento's historic residential gems. Throughout its history, the building has been home to prominent Sacramento residents and preserves architectural features rarely found today, including four extraordinary residences with approximately 18-foot ceilings that create an unmatched living experience. Fronting H Street, 1023 H Street provides professional office space at street level with apartments above, creating an ideal environment for attorneys, consultants, and other professionals who benefit from the property's close proximity to the federal and county courthouses. Perfectly positioned within Sacramento's Government and Legal District, Wetzlar Square sits just moments from City Hall, the California State Capitol, the U.S. District Court, the Sacramento County Courthouse, and countless government agencies, law firms, and professional offices. The surrounding neighborhood offers an exceptional walkable lifestyle with restaurants, coffee shops, entertainment, public transportation, and the city's expanding residential and employment base all within blocks of the property. Investment opportunities of this caliber are increasingly difficult to replicate. The combination of historic architecture, multiple income sources, irreplaceable downtown location, and nearly four decades of ownership creates a compelling offering for investors seeking a landmark asset with dependable cash flow and meaningful long-term appreciation potential. Whether maintained as a stabilized mixed-use investment or enhanced through strategic renovations and operational improvements, Wetzlar Square represents a true generational acquisition in the heart of Downtown Sacramento.

1023 H Street, Sacramento

Listing courtesy of ALIVE Commercial Real Estate.

$1,405,000

7,000 SqFt. ⋅ 226090166 MLS

Northrop Arms, an eight-unit apartment community located at 2520 Northrop Avenue in Sacramento, California. Situated in the desirable south Arden-Arcade submarket, the property offers investors a well-maintained asset with an attractive unit mix, proven rental upside, and additional rental income through a stratetgic renovation program. Built in 1969, Northrop Arms consists of eight spacious apartment homes featuring an efficient mix of two one-bedroom/one-bathroom units approximately 650 square feet each and six two-bedroom/one-bathroom units approximately 850 square feet each. The larger than average floor plans appeal to a large resident base and broad demographic. Current ownership has completed selective interior renovations throughout the property. Upgraded units feature luxury vinyl plank flooring, granite countertops, refreshed cabinetry, and modern finishes, providing an attractive living environment while allowing a new owner the opportunity to continue renovating the remaining units and capture additional rental upside over time. Northrop Arms enjoys an exceptional south Arden Arcade location with immediate access to major transportation corridors, placing residents within minutes of Sacramento State University, Cal Expo, Kaiser Permanente, Downtown Sacramento, and many of Sacramento's largest employment centers. Northrop Arms represents an excellent opportunity to acquire a stable, well-located apartment community with a desirable unit mix, meaningful value-add potential through continued unit renovations, and strong long-term fundamentals in one of Sacramento's most established rental markets.

2520 Northrop Avenue, Sacramento

Listing courtesy of Marcus & Millichap Real Estate.

$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.

$1,160,000

4,452 SqFt. ⋅ 226083662 MLS

1312 T Street, Sacramento

Listing courtesy of Collier's International.

$900,000

3,688 SqFt. ⋅ 226087911 MLS

3701 Morse Ave is well-maintained 6 unit apartment building located in Sacramento's Arden/Arcade submarket. The property consists exclusively of two-bedroom, one-bathroom units, each approximately 634 square feet. Over time, the units have been thoughtfully updated with modern cabinetry, countertops, appliances, and bathroom vanities. Wood laminate flooring has been installed throughout the living areas and bathrooms, while the bedrooms feature carpet flooring. Each kitchen is equipped with an electric range, refrigerator, dishwasher, and garbage disposal. Units are serviced by individual wall-mounted heating and air conditioning systems, and residents are responsible for all utilities within their units. Property amenities include on-site laundry facilities and off-street parking for residents. The property has also benefited from several recent capital improvements. The central water heater was replaced in 2025, and a new roof was installed approximately two years ago. Additionally, all electrical subpanels have been upgraded with Arc-Fault and Tamper-Resistant circuit breakers.

3701 Morse Avenue, Sacramento

Listing courtesy of North Coast Commercial, Inc..

$1,200,000

3,230 SqFt. ⋅ 226087458 MLS

Excellent 6-unit investment opportunity in Old North Sacramento! This offering consists of two separate structures on one lot a 4-unit apartment building and a detached duplex giving investors flexibility for financing, management, or future planning. Units are predominantly 1 bedroom/1 bath floor plans with off-street parking for tenants. The property has been recently renovated within the last five years, with updated flooring, kitchens, bathrooms, and lighting throughout most units, offering a turnkey opportunity for a buyer seeking strong cash flow with minimal deferred maintenance. Located near Arden Way and Del Paso Blvd, the property offers tenants convenient access to everyday amenities and major destinations. Nearby shopping centers and the Arden Fair Mall provide a wide range of retailers and dining options, while Discovery Park and the American River offer great outdoor recreation, along with Bannon Creek Parkway and Governor's Mansion State Historic Park close by. Commuters benefit from easy access to Business 80, Highway 99, and Highway 50, keeping Downtown/Midtown Sacramento within easy reach, with the Royal Oaks light rail station conveniently close for those who prefer transit. Kaiser Foundation Hospital - Sacramento and Sacramento International Airport are both easily accessible, and Sacramento City College, American River College, and Sacramento State are all within a short drive as well. With historically strong occupancy and rents currently below market, this property presents immediate cash flow with meaningful upside for the next owner. The two-building configuration on a single lot adds versatility rarely found in properties of this size, whether the buyer's strategy is long-term hold or continued value-add improvements. Don't miss this North Sacramento multifamily opportunity contact the listing agent for financials, rent roll, and to schedule a showing.

2398 Oakmont Street, Sacramento

Listing courtesy of HomeSmart ICARE Realty.

$1,200,000

4,536 SqFt. ⋅ 226086919 MLS

7 Unit, 2 bed, 1 baths! Residential Income Producing Property! Excellent opportunity to acquire a well-performing multi-family asset in Sacramento. 2605 Albatross Way features a low-rise apartment community built in 1959, consisting of multiple units on a spacious ~0.29-acre lot. This property is ideal for investors seeking immediate income with upside potential. Currently operating at 100% occupancy, the asset provides solid in-place cash flow with room to increase rents and improve returns. This complex features 7, 2-bedroom, 1-bath layouts, appealing to a broad tenant base and supporting consistent demand in the area.

2605 Albatross Way, Sacramento

Listing courtesy of eXp Realty of Northern California, Inc..

$1,950,000

6,975 SqFt. ⋅ 226082735 MLS

7856 Old Auburn Road is a beautifully maintained 9-unit apartment community comprised entirely of spacious two-bedroom, one-bathroom floor plans averaging approximately 775 square feet. Each thoughtfully designed unit features a functional Jack-and-Jill style bathroom with dual access from both the hallway and the primary bedroom. The primary suite also includes a separate vanity and dressing area, providing added convenience and enhancing tenant appeal. Built in 1985, the property has been exceptionally well maintained and presents with outstanding pride of ownership. Amenities include nine private garages, ample additional on-site parking, on-site laundry facilities, and a manager's office, offering convenience for both residents and ownership. The property's generous floor plans, desirable amenities, and excellent condition continue to attract working families, young professionals, and commuters seeking quality, affordable housing without compromising on space or comfort. 7856 Old Auburn Road represents a rare opportunity to acquire a turnkey multifamily asset with strong tenant appeal in a desirable location. This is a property your buyers will appreciatedon't miss the opportunity to show it.

7856 Old Auburn Road, Citrus Heights

Listing courtesy of Collier's International.

$2,495,000

9,600 SqFt. ⋅ 226082556 MLS

3322-3326 Y Street is a well-maintained 16-unit apartment community located in the North Oak Park / Med Center submarket of Sacramento, California. Originally constructed in 1960 and situated on approximately 0.28 acres across two separate parcels, the property consists of sixteen apartment homes comprised of twelve one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. The property offers an attractive and efficient unit mix that continues to experience strong rental demand from medical professionals, students, and young professionals seeking proximity to major employment centers and neighborhood amenities.Current ownership has completed selective interior renovations throughout the property, with upgraded units featuring quartz countertops, stainless steel appliances, and modern finishes. All units benefit from original wood flooring. Residents enjoy desirable amenities including onsite laundry facilities and convenient off-street parking accessed from the rear alley.

3322 Y Street, Sacramento

Listing courtesy of Marcus & Millichap Real Estate.

$1,995,000

7,191 SqFt. ⋅ 226079708 MLS

Massive opportunity to be the new owner of this cash-flowing, 100% occupied, Arden-Arcade 8-plex building! This is The Villanova Garden Apartments in Sacramento, CA. The property offers (8) two-bedroom, one-bathroom units, each unit is ~891 sq ft, and a total of ~7191 GLA on a ~.35acre lot. 6 of 8 units have been remodeled within the last 10 years providing the new ownership a true plug and play model. Updates to the remodeled units include new kitchen and bathroom, counters and cabinets, tub and shower, a stand alone gas range w/ventilation hood, refrigerator/freezer, dishwasher, garbage disposal, all new flooring (tile, laminate, carpet, LVP). Two units remain up to new ownerships imagination as your own personal canvas and value-add opportunity. Additional features of the property include: Each unit/tenant has ceiling fans in bedrooms, living room, and dining area, central HVAC, a complete roof replacement with 3 custom skylights for rain protection in 2017. This property offers 2 assigned parking spaces per unit. The property's location allows a short commute to major employment centers and local amenities including: UC Davis Medical Center, Sutter Medical Center, Sacramento State, Cal Expo, Arden Fair Mall, The Pavilions, Loehmanns Plaza, Sutter Health Park, Golden 1 Center, and more! The rental market supports a higher gross rent. Financial information is available upon request.

2312 Villanova Circle, Sacramento

Listing courtesy of Cobalt Real Estate.

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