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$425,000
226115835 MLS
The Heitzeberg Group of Marcus & Millichap is pleased to present 60 Sandy Way, a four-unit apartment property consisting of four 2-bedroom, 1-bathroom units. Located at the end of a quiet cul-de-sac in Red Bluff, the property offers added privacy and a desirable residential setting. Each unit features washer and dryer hookups, and tenants enjoy beautifully landscaped grounds that enhance the property's curb appeal and overall living environment. Offered as-is, this property presents an excellent opportunity for an owner-user or first-time multifamily investor seeking stable rental housing in a well-located neighborhood. 60 Sandy Way can be purchased individually or together with the nearby fourplex located at 90 Mina Ave.

60 Sandy Way, Red Bluff

Listing courtesy of Marcus & Millichap Real Estate.

$1,270,000
3,824 SqFt. 226109999 MLS
770 Bowles Street presents a rare opportunity to acquire six income-producing residences on an expansive, fully fenced 0.71-acre parcel. The property features five bungalow-style two-bedroom units plus one larger residence configured for co-living, creating a diversified rental portfolio in one location. Highlights include abundant off-street parking, on-site laundry, storage, a pool and generous shared outdoor space. With approximately 31,102 square feet of land, multiple residences and an established rental operation, this distinctive property subtly known as Bella Court offers the space, versatility and long-term potential investors are looking for. Please do not disturb occupants. Tours are available by appointment only.

770 Bowles Street, Sacramento

Listing courtesy of Capital City Real Estate.

$2,450,000
6,050 SqFt. 226107393 MLS
The Heitzeberg Group of Marcus & Millichap is pleased to present 828 D Street Apartments (the Davis Bungalows), an 8-unit multifamily community located in the heart of Davis, California. Built in 1964 and comprehensively renovated in 2023-2024, this well-maintained asset offers investors the opportunity to acquire a stabilized, income-producing property in one of Northern California's most supply-constrained rental markets, anchored by the University of California, Davis. The Davis Bungalows consist of a diverse unit mix, including four 1-bedroom/1 bathroom units averaging 600 square feet, three 2-bedroom/1-bathroom units averaging 850 square feet, and one 3-bedroom/2-bathroom unit spanning 1,100 square feet, totaling 6,050 rentable square feet on a 12,632 square-foot lot. This range of unit types allows the property to serve a broad spectrum of renters from single UC Davis graduate students and staff to small families while supporting stable occupancy, currently running at 96.5%, and consistent demand.

828 D Street, Davis

Listing courtesy of Marcus & Millichap Real Estate.

$3,199,999
8,221 SqFt. 226097083 MLS
Looking for an investment opportunity in Sacramento? This 14-unit garden apartment building boasts a prime location, just two blocks from the Capital and downtown attractions. Key Features: * Diverse unit Mix: 4 studios, 8 One-Bedroom units, 1 Two-Bedroom unit, 1 Three-Bedroom/Two-Bathroom (1490 sq. ft. two story, currently renting for $2649/month) * Additional income streams: On-site parking and owner-owned coin-operated washer/dryer contribute to the income * Low Maintenance: no on-site property manager is needed * Recent Upgrades: New 100-gallon High Efficiency water heater for the entire building partially remodeled two-bedroom unit Fresh exterior paint Brand new roof and dry rot associated with roof completed last month (1/2026) All new windows being installed and to be completed by (7/2026) *Income Growth Potential: Rents are increased as leases expire. The property offers a fantastic opportunity for investors seeking a well-maintained building with strong rental income and future potential in a highly desirable location.

1720 N Street, Sacramento

Listing courtesy of Wildwood Properties.

$1,995,000
7,191 SqFt. 226079708 MLS
Massive opportunity to be the new owner The Villanova Garden Apartments! 100% occupied, Arden-Arcade 8-plex building. The property offers (8) two-bedroom, one-bathroom units, each unit is ~891 sq ft, and a total of ~7191sq ft on a ~.35acre lot. 6 of 8 units have been remodeled within the last 10 years. Updates to the remodeled units include new kitchens and bathrooms, counters and cabinets, tub and shower, a stand alone gas range w/ventilation, refrigerator/freezer, dishwasher, garbage disposal, all new flooring (tile, laminate, carpet, LVP). 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. The new owner can bump rents day 1.

2312 Villanova Circle, Sacramento

Listing courtesy of Cobalt Real Estate.

$860,000
3,000 SqFt. 226066987 MLS
PRICE REDUCED & GREAT CONDITION: 3237 Francis Avenue, a rare updated 4-unit, all 2bed, investment opportunity in the historic Gold Country community of Placerville, CA. Three year old roof, new electrical meters, new propane tanks, all washouts and main water lines recently cleaned! Situated just a short walk from the shops and restaurants of downtown Placerville, the property benefits from an irreplaceable location with strong tenant appeal. The building consists of four (2) two-bedroom, one-bathroom units, each averaging approximately 750 square feet. The spacious floor plans and walkable location have fostered long-term tenancy, providing a stable foundation with meaningful upside through repositioning and rent growth. Placerville's multifamily market is uniquely supply-constrained. With a population of 10,656 residents and zero new market-rate multifamily construction underway or planned, the city faces a severe shortage of rental housing. At the same time, high barriers to homeownershipdriven by elevated purchase prices and interest ratesfurther constrain mobility and reinforce demand for quality rental product. This dynamic creates a favorable environment for landlords, where the cost of renting continues to represent a meaningful discount to owning.

3237 Francis Avenue, Placerville

Listing courtesy of ALIVE Commercial Real Estate.

$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.

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