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$899,900
1,127 SqFt. 226114935 MLS
Rare Midtown opportunitytwo homes on one lot in one of Sacramento's most sought-after neighborhoods! Located at 3140 and 3144 S Street, each residence has its own private entrance and combines modern comfort with exceptional income potential. Ideal for multigenerational living, an owner-occupied investment, or a long-term rental portfolio. Conveniently located near UC Davis Medical Center, Mercy General Hospital, Sutter Medical Center, Midtown dining, coffee shops, shopping, and light rail. The main residence at 3140 S Street is a beautifully remodeled 3-bedroom, 2-bath home that recently rented for $3,000 per month, plus water, sewer, and trash. Completed with permits, the extensive renovation includes European-style cabinetry, quartz countertops, stainless steel appliances, indoor laundry, modern bathrooms, and a contemporary floor-to-ceiling fireplace. Additional upgrades include new drywall and texture, plumbing, electrical panel and wiring, flooring, interior paint, exterior stucco, LED lighting, water-conserving fixtures, a high-efficiency HVAC system, and a tankless water heater. Tenant occupied. The second residence at 3144 S Street is a newly constructed 2-bedroom, 2-bath home with a one-car garage, owned solar, EV capability, a separate electric meter, and its own new concrete driveway. The thoughtfully designed interior features upgraded kitchen appliances, quartz countertops, spacious bedrooms and bathrooms, high-efficiency HVAC, and energy- and water-conserving fixtures. Currently rented for $2,500 per month, plus water, sewer, and trash, with a lease through July 2027. This distinctive income-producing property offers two updated residences, strong rental income, and outstanding urban convenienceall in the heart of Midtown Sacramento. Don't miss this unique opportunity!

3144 S Street, Sacramento

Listing courtesy of 1st Choice Realty & Associates.

$1,249,000
2,965 SqFt. 226106962 MLS
Welcome to 2820-2822 D St, a brand-new multifamily investment property offering a flexible layout and multiple rental strategies. The property features three floors, each with its own private exterior entrance, 3 bedrooms, and 2 bathrooms - ideal for traditional long-term rentals by floor or a room-by-room rental strategy. Modern finishes include tiled bathrooms, imperfect smooth wall texture, and contemporary interiors throughout. Estimated gross rental income is approximately $7,700/month when leased by floor or $10,000/month when rented by individual rooms. At the current list price, the property is estimated to generate approximately a 6% cap rate after property taxes and insurance, offering an attractive opportunity for investors seeking strong income potential from a newly built, low-maintenance property. Buyer to verify rental income, expenses, and projected returns.

2822 D Street, Sacramento

Listing courtesy of USKO Realty.

$1,375,000
4,184 SqFt. 226069500 MLS
Unique East Sacramento income property featuring a front duplex (3BD/2BA and 2BD,1BA) plus a detached two story 3BD/2BA residence on one parcel. Well-located in the heart of East Sacramento offering flexibility for both investors and owner-occupants, creating a highly desirable layout rarely found in the area. With approximately 4,184 sq ft of total living space on an 8,276 sq ft lot, the property provides strong income potential along with the option to occupy one unit while generating rental income from the others. Big ticket improvements include plumbing, electrical and roofs, offering added peace of mind. The property is well-maintained and overall in good condition with upside potential for a buyer looking to further increase value. Each unit offers access to driveway and street parking, and the layout provides separation and privacy between living spaces, an attractive feature for tenants and owner-occupants alike. Located in one of Sacramento's most desirable neighborhoods, near parks, dining, and major employment centers including UC Davis Medical Center, this is a rare opportunity to own a versatile, income-producing property in East Sacramento.

4300 F Street, Sacramento

Listing courtesy of California Real Estate Group.

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