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$1,124,999
4,025 SqFt. 226078726 MLS
Historic character meets multifamily versatility in this Colonial Revival triplex located in Sacramento's historic Alkali Flat neighborhood. Listed on the historic registry, this distinctive property features three separate units, each with its own private entrance, offering flexibility for an owner-occupant, multigenerational living, or investment use. The property also benefits from Mills Act participation, which may provide reduced property taxes for qualifying ownership, adding another potential advantage for the next owner.Unit A offers 2 bedrooms and 1 bathroom with laminate flooring, an open living and dining area, abundant natural light, generous kitchen storage, and laundry. The main residence, Unit B, showcases the architectural character of a turn-of-the-century Colonial Revival home, beginning with a welcoming front porch and continuing inside with a grand staircase, inlaid wood floors, high coved ceilings, and period fixtures. This spacious 3-bedroom, 3-bathroom unit combines historic details with a functional living arrangement.Unit C is a bright top-floor studio filled with natural light, providing additional flexibility for rental income, guests, a home office, or other uses. Together, the three units create a versatile property with multiple possibilities for living and income.Located near downtown Sacramento, this property is close to dining, entertainment, shopping, parks, public transportation, and major commuter routes. With its historic architecture, three-unit configuration, and potential Mills Act tax benefits, 530 10th Street offers an opportunity to own a distinctive piece of Sacramento history with versatile use and long-term potential.

530 10th Street, Sacramento

Listing courtesy of KW Sac Metro.

$1,000,000
3 Beds 4 Baths 4,613 SqFt. 226023198 MLS
Rare Historic Gem in the Heart of Downtown Sacramento - 1860 built Former Schoolhouse Ready for Reimagined Living. Step into a piece of Sacramento's storied past with this exceptional 1860-built former schoolhouse, nestled in the vibrant core of Downtown Sacramento. Offering timeless historical charm with its original character: high ceilings, classic architectural details, and the enduring appeal of mid-19th-century craftsmanship. Featuring three stories and more than 4,600 square feet of interior space on a huge 0.3 acre lot (one of the largest in the area). This large lot provides rare outdoor potential, breathing room amid urban density, and significant development upside. Zoned as flexible C-2 (general commercial), this property is versatile for today's buyers. Envision transforming it into a stunning single-family residence (SFR) with a spacious downstairs accessory dwelling unit (ADU) for multigenerational living, rental income, or guest quarters. Alternatively, capitalize on the three distinct floors and separate entrances to create a tri-plex, ideal for income generation, short-term rentals, or a live/work setup in one of Sacramento's most walkable, amenity-rich neighborhoods. The generously sized lot also presents strong potential for a lot split ,opening doors to further development opportunities: mixed-use projects, additional unit(s) (subject to city approval). Whether you're an investor seeking strong rental potential and development upside, a developer looking for a mixed-use project, or a visionary homeowner wanting a one-of-a-kind downtown residence with history and flexibility, this rare opportunity won't last!

1123 D Street, Sacramento

Listing courtesy of Florence Real Estate.

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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 .

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