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$2,800,000
4,739 SqFt. ⋅ 226113912 MLS
5.6% ASSUMABLE LOAN! Welcome to 1928 21st Street a newly constructed, turnkey 6-unit apartment building located in the highly desirable and walkable Poverty Ridge neighborhood of Midtown Sacramento. Completed in November 2024, this fully leased investment property offers a rare opportunity to own modern multifamily real estate in a premium Sacramento location. Each of the six thoughtfully designed one-bedroom units features soaring ceilings, custom doors and windows, abundant natural light, efficient floor plans, and high-end finishes throughout. Every unit includes its own washer and dryer hookups as well as private outdoor space, with each residence offering a patio or balcony and select units featuring multiple balconies. The approximately 4,739-square-foot building generates strong, stabilized rental income totaling $16,500 per month, providing investors with an attractive income-producing asset with the benefits of newer construction and reduced near-term maintenance. Perfectly situated in historic Poverty Ridge, the property is within walking distance of light rail, Downtown Sacramento, restaurants, cafs, shopping, entertainment, and local parks. The combination of modern construction, private outdoor spaces, desirable unit amenities, strong rental income, and an exceptional central location makes 1928 21st Street a standout investment opportunity. Whether you're expanding an existing multifamily portfolio or seeking a low-maintenance, high-performing Sacramento asset, 1928 21st Street offers an exceptional combination of location, quality, and income.

1928 21st Street, Sacramento

Listing courtesy of eXp Realty of California Inc..

$575,000
11,000 SqFt. ⋅ 226114001 MLS
City of Sacramento has agreed to allow the building to be demolished for expanded building opportunities! Current zoning is SPA, but previously had plans to rehab into a 13-unit multi-family. Buyer to do due diligence for potential uses (Mixed use, condos, town-homes, ground-up multi-family, commercial, retail, etc.) Development opportunity on roughly 3/4 of an acre with major street frontage to Florin Road. MOTIVATED SELLER will carry!

8330 Florin Road, Sacramento

Listing courtesy of RE Dynamic.

$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.

$2,395,000
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.

$1,195,000
3,272 SqFt. ⋅ 226100832 MLS
609-611 16th St is a mixed use building consisting of 4 apartments and retail coffee shop. The retail space signed a new 3 year lease. 2 of the units are 1 bed 1 bath, completely remodeled. The other 2 units are furnished studios operating as midterm rentals, completely remodeled. The roof was replaced within the last 7 years. The electrical has been updated. The property has new dual pane windows. The apartments have mini split units providing central heat and air. The units are separately metered for gas and electric. There is a common laundry area for tenants convenience.

611 16th Street, Sacramento

Listing courtesy of North Coast Commercial, Inc..

$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.

$1,900,000
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.

$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 6.82% 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 8.25%+ 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.

$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.

$1,995,000
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.

$1,499,998
4,998 SqFt. ⋅ 226076287 MLS
This turnkey investment gem features six spacious 2bd/1ba units (~833 sqft each) that have been completely upgraded with premium finishes, granite kitchens, new flooring, HVAC, plumbing, electrical, designer touches, and modern amenities throughout. Recent $172k+ in capital improvements include on-site coin-op laundry, gated parking for 9 vehicles, new fencing, landscaping, and exterior enhancements. Fully stabilized with strong, long-term tenants on updated leases averaging $2k a month per unit (through 2026-2027) plus reliable laundry income. Delivers immediate, hassle-free cash flow in a high-demand Sacramento rental market. Prime location in a rapidly growing corridor with excellent access to downtown, light rail, employment centers, shopping, and major highways. Additional opportunities include ADU development potential on the large front setback & alley access, future rent growth, and strong appreciation in this revitalizing Sacramento neighborhood. Rare opportunity to acquire a clean, professionally renovated, income-producing asset with low maintenance and significant built-in equity. Ideal for investors seeking strong returns and long-term value. Don't miss this one!

2944 Del Paso Boulevard, Sacramento

Listing courtesy of Intero Real Estate Services.

$5,450,000
4,420 SqFt. ⋅ 226070613 MLS
a well-maintained 29-unit multifamily community located in the heart of Sacramento's highly desirable Midtown neighborhood. The property offers a mix of studio, one-, and two-bedroom floor plans with an average unit size of approximately 600 rentable square feet. Rio Terrace represents a rare opportunity to acquire a stabilized asset with proven rental upside in one of the most sought-after submarkets in the region. Long-term ownership has systematically renovated units upon turnover, investing heavily in high-quality finishes. Renovated units feature restored original hardwood floors, quartz countertops, custom decorative cabinetry, stainless steel appliances, and dual-pane windows throughout.

2811 F Street, Sacramento

Listing courtesy of Marcus & Millichap Real Estate.

$4,980,000
13,296 SqFt. ⋅ 226070497 MLS
Braden Manor Apartments (2323-2325 H Street) Brittain Commercial is pleased to present Braden Manor Apartments, a 24‑unit apartment community located at 2323-2325 H Street in Sacramento, California. Situated in the highly desirable and vibrant Boulevard Park area of Midtown Sacramento, Braden Manor is a stunning community offering easy freeway access, on‑site laundry, on‑site parking, and well‑maintained interiors. This is a truly charming, standout property with vintage style and craftsmanship, complemented by numerous modern touches. Each home features unique qualities, including: Picture frame windows Roomy living spaces Huge wardrobe closets and excellent wall space Cooking‑friendly gas stoves Dining space off the kitchen Original wood flooring and/or modern carpeting with wood‑inspired kitchen flooring Updated window treatments and warm interior paint Modern appliances and interior lighting The community is close to freeway access and only blocks from Old Soul at the Weatherstone, Rick's Dessert Diner, Midtown's Cantina Alley, Chicago Fire, Tres Hermanas, Temple Coffee, Sutter's Fort State Historic Park, McKinley Park, Memorial Auditorium, and Marshall Park. The location offers a Bike Score of 90 and a Walk Score of 80, providing residents with exceptional access to Midtown's amenities and lifestyle. Braden Manor includes 12 off‑street covered parking spaces that generate additional revenue. Residents contribute to common area maintenance costs and benefit from an on‑site app‑based laundry facility for added convenience. As Sacramento continues to experience rapid population growth and rising property values, Braden Manor Apartments represent an exceptional investment opportunity, well‑positioned to capitalize on the region's ongoing economic expansion.

2325 H Street, Sacramento

Listing courtesy of Brittain Commercial.

$1,875,000
5,000 SqFt. ⋅ 226057959 MLS
Located in the Heart of Downtown Sacramento steps away from Golden 1 Arena and the new Downtown Commons Entertainment District. This unique 17 unit complex contains a spacious full size large private studio and 16 junior studio SRO units all individually addressed with all long term leases. The whole complex has been completely remodeled throughout with own private coin operated laundry. Conveniently located near business 80 and I-5 one block away from the light rail. Across the street from the award winning Creamery roof top development in the Alkali Flats neighborhood, near restaurants and shops.

1106 E, Sacramento

Listing courtesy of Mid Valley Funding and Investment.

$2,000,000
9,120 SqFt. ⋅ 226054018 MLS
Colliers is pleased to present 6820 7th Ave a 14-Unit Apartment Complex in Rio Linda, CA. A stable submarket just North of Sacramento with limited multifamily inventory available. The subject property is a well-maintained 14-Unit community in one of Sacramento County's most practical and tenant-friendly suburban pockets. 6820 7th Ave (Rio Linda Apartments) is a classic 1959-built, 2-story complex on nearly half an acre. The property is constructed with a stucco exterior, dual pane windows throughout and a pitched roof. Tenants have ample parking spaces at the back of the property and directly across the street. Conveniently situated within a short walk of family parks, community bike and hiking trails, a fitness center, grocery stores, as well as preschool, middle school, and high school. This 14-unit community features 100% 2-bedrooms, 1-bath layouts that are approximately 650sq ft and appeal perfectly to working families, young professionals, and commuters who want affordable housing without sacrificing convenience. Many units have been tastefully updated with modern laminate flooring, bright kitchens, ceiling fans, and efficient wall-unit air conditioning. Residents enjoy on-site ample parking, a shared courtyard, and professional management that keeps occupancy high and turnover low. Within a 6-mile radius, tenants have steady employment options from Twin Rivers Unified School District roles (teachers, staff, and support positions), retail and food-service jobs at nearby chains and construction/trade opportunities. Grocery shopping couldn't be easier with Food 4 Less, WinCo, Safeway, Raley's, and local markets like Archway Market and Nu-Way all close by. This walkable, everyday convenience keeps residents rooted and rents reliable. Nestled in residential Rio Linda (ZIP 95673), the complex offers peace and quiet just minutes from downtown Sacramento's larger job centers. It's the ideal home for the blue-collar and service workforce that powers this area - people who value affordability, safety, and proximity to schools, shopping, and work. This is the complete investor package: built-in tenant stability (1 of only 10 apartment complexes in a 3-mile radius), and clear paths to increase returns. Whether you're a seasoned multifamily owner looking to add a performing asset or an investor stepping into Sacramento-area apartments, 6820 7th Ave checks every box.

6820 7th Avenue, Rio Linda

Listing courtesy of Collier's International.

$1,025,000
226056620 MLS
Brittain Commercial is proud to present 1416 22nd Street Apartments, a charming 5 unit Craftsman bungalow originally built in 1910 and tastefully updated over time. Located in one of Midtown/Downtown Sacramento's most dynamic and sought after neighborhoods, this A+ location places residents just blocks from the State Capitol and Capitol Park, Golden 1 Center, DOCO, Memorial Auditorium, and light rail. The property is also surrounded by some of Sacramento's most popular dining and nightlife destinations, including Magpie, Passa Notte, Zcalo, Aioli Bodega, Iron Horse Tavern, Jack's Urban Eats, Alaro Craft Brewery, Temple Coffee, and Paesanos. The community offers residents the comfort of limited access entry and has been self managed and well maintained by current ownership. Recent improvements include a new roof and updated interiors, making this an attractive and well cared for asset. 1416 22nd Street is more than just an apartment building. It is an opportunity to acquire a well positioned, income producing community in the heart of Sacramento's cultural core.

1416 22nd Street, Sacramento

Listing courtesy of Brittain Commercial.

$875,000
7,124 SqFt. ⋅ 226055898 MLS
Mixed-Use Investment Opportunity with Multiple Income Streams! Unique mixed-use property offering a combination of residential units and a freestanding church space on a .79-acre Mixed-zoned parcel, creating strong income potential with room to improve and add value. The property includes a church building of approximately 1,800 sq ft, featuring a kitchen area, two offices, storage room, and two bathrooms, currently leased month-to-month at $1,100/month. This flexible space opens the door for continued use as a place of worship or potential repurposing (buyer to verify). In addition, the property includes multiple residential units: a main house with 3 bedrooms and 1 bathroom (owner-occupied, with market rent upside); a detached 2-bedroom, 1-bath unit currently rented at $1,300/month; a separate 1-bedroom, 1-bath unit (prior rent $650/month); and a triplex consisting of one studio unit rented at $750/month, one 2-bedroom/1-bath unit rented at $950/month, and one 1-bedroom/1-bath unit (prior rent $850/month, currently being prepared for re-lease). Current actual rental income is approximately $4,100/month, with stabilized pro-forma income potential significantly higher once all units are at market rent. Most tenancies are month-to-month, offering flexibility for repositioning. Additional features include eight off-street parking spaces and a shared utility area with water heaters and a designated laundry space offering future income potential. Owner currently pays approximately $1,000/month for city water and garbage. This is a true value-add opportunity with several units producing income and others offering upside through lease stabilization, unit turns, and improved management. Ideal for investors looking to expand their portfolio with a property that has diverse income streams and long-term potential. Convenient Sacramento location with easy access to major roadways, services, and amenities. Buyer to verify all unit counts, square footage, zoning, rents, and condition. Bring your vision this is an opportunity you don't see every day.

3201 Rio Linda Boulevard, Sacramento

Listing courtesy of eXp Realty of California Inc.

$1,899,000
6,838 SqFt. ⋅ 226051290 MLS
eXp Commercial is pleased to present an 11-unit multifamily property located at 3911 Watt Avenue in Sacramento, California. The property consists of four two-bedroom, one-bathroom units and seven one-bedroom, one-bathroom units. Interior renovations have been completed in the majority of units, with one unit remaining in unrenovated condition. The property is currently fully occupied, offering in-place income with a mix of lease terms. Located along Watt Avenue, the property provides access to nearby retail, dining, employment centers, and public transportation. This offering presents an opportunity to acquire a multifamily asset with existing income and recent unit improvements in the Sacramento market.

3911 Watt Avenue, Sacramento

Listing courtesy of Exp Commercial of California, Inc..

$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.

$1,200,000
5,209 SqFt. ⋅ 226045511 MLS
Blundenhouse Apartments is in Fair Oaks, California, a suburb east of Sacramento, known as a desirable bedroom community with highly rated schools. The property features eight apartment units featuring studio, one bedroom, and two bedrooms floorplans. Originally Built in 1950, Blundenhouse was built in Fair Oaks historic downtown district, which is home to numerous restaurants, boutique shops, and Village Park. Residents enjoy being walking distance to the Downtown amenities and the American River Parkway / Jedidiah Smith Bike Trail. Five of the Eight Units are in the central building of the property that was originally built as a single family home in the 1950's. In approximately 1990, the building was permitted to separate the building into five apartment units and added three more units elsewhere on the grounds. Because of the different construction phases and peculiar ways the units were created, no floorplan is the same and vary greatly in square footage. Adding to the property's unique nature, the property has a pool and a very large sundeck for residents to enjoy, a very rare amenity for a property of its size. Existing rents are approximately 17% under market, allowing the next savvy investor to maximize property value through more aggressive management and the proven renovation model. Between the charm of the property itself, the immediate surrounding area, and robust submarket fundamentals, Blundenhouse is poised for continued rent growth and upward trajectory.

4224 Crestline, Fair Oaks

Listing courtesy of Marcus & Millichap Real Estate.

$1,095,000
4,000 SqFt. ⋅ 226025467 MLS
2 SEPERATE 4PLEXES ON CONTIGUOUS PARCELS. 8 Units total. Great opportunity to purchase 8 units with a residential loan on each separate parcel. Parking on site with plenty of vacant land behind the buildings for a possible ADU project. Each unit is a 1bed/bathroom unit. Currently 1 Vacant unit and potentially another coming up for any FHA or VA buyers.

3445 Altos Avenue, Sacramento

Listing courtesy of Collier's International.

$2,249,000
5,362 SqFt. ⋅ 226015104 MLS
We are proud to present 1517 17th Street an exceptional investment opportunity in the Heart of Midtown Sacramento. The subject property is a fully remodeled, turn-key multifamily asset located in one of Midtown Sacramento's most vibrant and desirable neighborhoods. This rare offering provides a compelling combination of stabilized income, recent capital improvements, and significant upside potentialall at an attractive cap rate and below-market basis. The subject property consists of 13 Units Total: (5) Standard Studios, (5) Deluxe Studios, (2) 1BR/1BA Units, and (1) Spacious 1BR/1.5BA Unit. Upgrades include a new roof (TPO, installed 6 months ago), brand-new electrical system ($150,000+ invested), modern HVAC systems (Mini Splits & PTAC). The units include open floor plans, new appliances, refinished original hardwood floors, and updated lighting throughout. As you walk into the front door you will notice the upgrades interior hallways featuring new flooring, fresh paint, LED recessed lighting, and a secured access system. Located below the first floor is an on-site manager's office, full basement for storage, and washer/dryer hookups. Utilities (except water) are already tenant-paid; a RUBS system could add $25-$75/unit monthly by passing along water, sewer, and garbage costs. 1517 17th Street is situated on the corner of 17th & Q Streets, this asset is just one block from Midtown's bustling retail and entertainment core. Residents enjoy walkable access to boutique shops, parks, popular restaurants, breweries, and nightlife. The property also benefits from alley access, mature trees, and low-maintenance landscaping, enhancing its overall curb appeal and livability. Minutes to California State Capitol, Highway 50 & Highway 80, with easy access to Sacramento's best neighborhoods and surrounding desirable areas & employment.

1517 17th Street, Sacramento

Listing courtesy of Collier's International.

$7,400,000
23,706 SqFt. ⋅ 225127365 MLS
Midtown Sacramento Sutter House Apartment Building presents a premium 34-unit opportunity featuring 31 1-bedroom, 1-bath units and 3 stylish studio apartments. The building spans 23,706 sq ft with enhanced accessibility and income generating amenities: a laundry facility leased parking, and secure entrances. Recent upgrades include a new elevator, new electrical systems and central HVAC installations for floors 2-4, ensuring tenant comfort year-round. Emphasizing desirability, the exterior and interior common areas have been freshly painted. Ideally located, these apartments offer quick access to major city hotspots: just 1 mile from the state capital, less than 5 miles to Sacramento State University, and under 2 miles from the Golden 1 Center, fostering a thriving Midtown community.

2320 P Street, Sacramento

Listing courtesy of Intero Real Estate Services.

$850,000
2,960 SqFt. ⋅ 225118830 MLS
Great opportunity to own five unit building of vintage American colonial style. Originally built as a fourplex, the 5th unit is an easy-to-rent roomy attic studio with its own exterior entrance. The other four spacious units have a mix of one-bedroom and two-bedroom floorplans that flow between living room, dining room, bedroom, and kitchen areas. Possible upsides to income include regular rent increases and developing off-street parking from the alley in the rear. These desirable apartments are rarely vacant.

3106 1st Avenue, Sacramento

Listing courtesy of Grounded R.E..

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