Parkway - South Sacramento Homes with Apartments Subtype Description

Welcome to Parkway, a vibrant neighborhood nestled in the heart of South Sacramento, California. Known for its friendly atmosphere and diverse community, Parkway offers a unique blend of suburban charm and urban convenience. With its tree-lined streets and well-kept parks, this neighborhood is perfect for families, young professionals, and retirees alike.

One of the standout features of Parkway is the variety of housing options available, particularly homes with apartment subtypes. These properties provide a fantastic opportunity for homeowners looking to invest or generate rental income. Imagine living in a spacious family home while benefiting from the additional income generated by the apartment unit. This flexibility makes Parkway an attractive choice for both first-time buyers and seasoned investors.

The Parkway neighborhood boasts a rich array of amenities, including schools, shopping centers, and recreational facilities. Residents enjoy easy access to parks and green spaces, making it an ideal location for outdoor enthusiasts. The nearby Sacramento River and its scenic trails offer opportunities for hiking, biking, and family picnics, enhancing the community’s appeal.

Moreover, Parkway is conveniently located near major transportation routes, ensuring a quick commute to downtown Sacramento and beyond. With its close-knit community feel and a wealth of local resources, Parkway stands out as a desirable place to call home.

Whether you’re looking for a family residence or an investment opportunity, Parkway’s homes with apartments provide the perfect blend of comfort, convenience, and potential. Come discover the charm of Parkway and see why so many are proud to call this neighborhood home!

Newest Parkway - South Sacramento Homes with Apartments Subtype Description

$365,000

1,152 SqFt. ⋅ 226109875 MLS

Can you believe it? An income property in excellent condition under $400K. The owner is retiring. Each unit has indoor laundry, a private fenced rear yard and a detached 1 car garage. The driveway are long enough to accomodate 2 cars. This property will probably sell quickly. Come take a look!!!

5119 GORDON Drive, Sacramento

Listing courtesy of River Ridge Realty.

$2,395,000

10,215 SqFt. ⋅ 226103566 MLS

Great Cash Flow! 14units Property in Good Condition, 100% Occupied, Freshly Painted, along with completed repairs, Updated Electrical, most units are updated, See OM attached. Parking on the property as well as off street parking, local shopping, schools, & freeway, transportation within one mile. A Must See!

6012 Martin Luther King Jr. Blvd, Sacramento

Listing courtesy of Arriaga Real Estate.

$825,000

3,612 SqFt. ⋅ 226099786 MLS

Rare owner occupant or investment opportunity! Well maintained fourplex featuring one vacant unit ready for immediate occupancy or lease. Each unit offers 2 bedrooms, 1 bathroom, recent renovations, and a dedicated garage parking space. Three units currently provide rental income, while the vacant unit offers flexibility for an owner occupant or additional cash flow for an investor. HOA maintained landscaping and exterior painting helps reduce ownership responsibilities. Unit 2 with new flooring and paint as of July 2026. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this property offers excellent income potential and long term value.

4141 Apostolo Circle, Sacramento

Listing courtesy of Century 21 Select Real Estate.

$823,000

3,390 SqFt. ⋅ 226086257 MLS

Over the last 2 years, this Quadplex has been cared for with large upgrades including a newer roof, exterior paint and removal of carpet throughout all units. With a large lot and lots of open space around the building, this property now opens the opportunity to build ADUs while collecting rent from the stabilized units. This property is already boasting $77,000 a year in market rent, big cost upgrades are already taken care of, and a future owner can verify the potential to build 1 ADU per existing unit. Fruitridge Terrace is a well established neighborhood for renters due to proximity to jobs, shopping, and connection to freeways. This investment property is set up in a strategic location to maximize cash flow and keep these units consistently occupied. The two downstairs units have fully fenced back yards and the two upstairs units have front facing balconies. All units have central air conditioning and appliances provided.

5644 Odea Drive, Sacramento

Listing courtesy of Windermere Signature Properties LP.

$589,000

2,000 SqFt. ⋅ 226025478 MLS

Excellent value-add opportunity in a submarket with very strong occupancy. Four 1BEDROOM/1BATHROOM UNITS with month to month tenants, 100% OCCUPIED. Purchase as an owner / user, FHA or low down payment program. Low maintenance property with extreme upside in rents.

3836 43rd Avenue, Sacramento

Listing courtesy of Collier's International.

$699,000

2,568 SqFt. ⋅ 225133935 MLS

Fantastic Investment Opportunity! Own this income-generating 4-plex with three units already rented and one vacant, ready for an owner-occupant or new tenant! Current tenants are on a month to month rental agreement. Each unit has been updated with stylish laminate flooring and fresh interior paint (prior to current tenants), offering a modern and inviting feel. Conveniently located with easy access to the freeway, shopping, and public transportation, this property is perfect for investors looking for steady rental income in a prime Sacramento location. Don't miss out on this chance to build your portfolio.

3711 46th Avenue, Sacramento

Listing courtesy of Coldwell Banker Realty.

Start Your Search

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .