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$499,000
1,802 SqFt. 226113015 MLS
Presenting an exceptional investment opportunity at 1311-1309 F St, Sacramento, CA, USA. This multi-family property, encompassing 1802 square feet of living area plus a grandfather ADU, stands as a prime option for investors and a compelling prospect for handy homeowners. This property is a great investment opportunity, poised for those seeking to enhance their portfolio or embark on a rewarding renovation project. The inherent flexibility of a multi-family dwelling provides diverse avenues for income generation or multi-generational living arrangements. This property represents a strategic acquisition for discerning investors or those seeking a project to transform into a personalized residence. We invite you to explore the potential of this property.

1311 F Street, Sacramento

Listing courtesy of TerraNova Realty.

$1,000,000
2,400 SqFt. 226111102 MLS
Great opportunity in an established Sacramento neighborhood! This well-located fourplex sits directly across from Southside Park and just blocks from downtown. The park offers tennis courts (calling all pickleballers) and a swimming pool. Three of four units are currently rented two month-to-month and one on a one-year lease. The vacant upstairs unit overlooks the park and offers a peaceful, treehouse-like setting among mature trees, making it ideal for an owner-occupant or potential short-term rental. Features include shared on-site laundry and easy access to I-80, Highway 50, and I-5. Conveniently located near the R Street Corridor, DOCO, Broadway, the Sunday Farmers Market, restaurants, coffee shops, and entertainment. Excellent opportunity for investors and owner-occupants seeking income potential in a prime downtown-adjacent location.

627 T Street, Sacramento

Listing courtesy of Windermere Signature Properties LP.

$889,000
3,536 SqFt. 226108185 MLS
Excellent Investment Opportunity in the Heart of Carmichael! Unlock immediate rental income and cash-flow potential with this well-maintained fourplex, ideally situated in a desirable area surrounded by single-family homes. The property features four spacious 2-bedroom, 1-bathroom units, all currently occupied providing an investor with income from day one. Each unit offers the convenience of its own washer and dryer, central heating and air conditioning. The decks and stairs are SB 326 and SB 721 compliant, providing added peace of mind. Two of the four kitchens have been tastefully updated with new cabinets, countertops, appliances, and flooring. Additional highlights include new exterior paint and large backyard areas for the lower units. Conveniently located near American River College, with easy access to shopping, dining, transportation, and other amenities. Please do not disturb the occupants.

6043 Northcrest Circle, Carmichael

Listing courtesy of Berkshire Hathaway HomeServices-Drysdale Properties.

$1,165,000
3,667 SqFt. 226105993 MLS
A Beautifully Designed Modern Fourplex Built in 1987 in a Great area of Carmichael with Recently Remodeled units! This Approximately 3667 SF 4 Unit Townhome-Building consists of Two 2 Bedrooms 1 Bathroom and Two 3 Bedrooms and 1-1/2 Bathrooms, All with a 2 Car Garage that is Rare for a Fourplex, Central HVAC and Washer/Dryer hookup! Remodeling includes: New Roof & Gutters, December 2025 that is less than a Year! Unit #4: 2026; All New MailGuard Windows with Lifetime Warranty. All New Kitchen Cabinets, Quartz Counter tops, Plumbing Fixtures, Stainless Steel Appliances and more, New Tile, Laminate and Carpet Floors, Freshly Paint and More! Unit #2: 2026; All New MailGuard Windows with Lifetime Warranty. All New Kitchen Cabinets, Quartz Counter tops, Plumbing Fixtures, Stainless Steel Appliances and more, New Tile, Laminate and Carpet Floors, Freshly Paint and More! The interior pictures are belong to #2 unit. Conveniently Located in a Walking Distance to Major Grocery Stores, Banks, Restaurants, 38-acre Carmichael Park, Public Transportation and More! A Great Investment!

5720 Engle Road, Carmichael

Listing courtesy of Realty ONE Group Complete.

$1,195,000
3,063 SqFt. 226105543 MLS
2801 D Street is a fully renovated fourplex located in Sacramento's desirable Midtown area. The property consists of four spacious 1-bedroom, 1-bathroom units, each thoughtfully remodeled with updated kitchens, bathrooms, flooring, and finishes throughout. Each unit also features its own washer and dryer, providing a highly desirable amenity for tenants. The property is 100% occupied and benefits from strong in-place rents totaling approximately $7,670 per month, offering an investor immediate cash flow with minimal near-term capital improvements needed. Additional upside exists through the detached garage, with plans to convert the space into a 1-bedroom, 1-bathroom ADU, providing the opportunity to add a fifth income-producing unit and further increase the property's revenue potential. Located in a quiet residential pocket of Midtown near East Sacramento, McKinley Park, restaurants, shopping, and employment centers, 2801 D Street offers investors a rare combination of turnkey condition, strong existing income, and additional value-add potential.

2801 D Street, Sacramento

Listing courtesy of North Coast Commercial, Inc..

$929,000
4,744 SqFt. 226101102 MLS
This stunning, historically preserved Victorian fourplex in Sacramento's premier Mansion Flats neighborhood combines timeless 19th-century elegance with exceptional investment flexibility. Featuring dramatic 10 to 12-foot ceilings, intricately restored architectural details, and unique split-flat layouts, these easy-to-rent units amplify natural light and attract steady tenant interest. Positioned in a highly walkable urban core, the property sits blocks from the Capitol, DOCO and the Golden 1 Center, and is perfectly poised to benefit from nearby major urban revitalization projects like The Railyards development and the new soccer stadium. The immediate neighborhood includes historic architecture in a mature tree canopy with vibrant local coffee houses, live music venues and acclaimed fine and casual dining spots. Current rents on these spacious units provide upside potential for immediate value-add income growth as the area continues to thrive. Plus, this 140 year old building comes with a clear section 1 pest report...A true unicorn. Currently the lowest price per square foot in the Central City. Huge upside potential.

521 15th Street, Sacramento

Listing courtesy of Better Homes and Gardens RE.

$999,000
2,610 SqFt. 226090524 MLS
Excellent investment opportunity in the desirable Central Sacramento/Midtown area. This well-maintained fourplex features four 1-bedroom, 1-bathroom units with long-term tenants who would like to remain, providing stable rental income. Each unit has been updated within the past 10 years with remodeled kitchens featuring newer cabinets, countertops, stove, refrigerator, and flooring, plus updated bathrooms with newer shower-over-tub, vanity, sink, toilet, flooring, and shower doors. Original hardwood floors run throughout the living rooms, bedrooms, and hallways, and all units have dual-pane windows, mirrored closet doors, wall furnaces, and window air conditioners. Additional improvements include a newer electrical panel and a 3-year-old commercial-sized water heater serving all four units. Amenities include a shared coin-operated laundry room and three off-street parking spaces. Conveniently located near Midtown, downtown Sacramento, restaurants, shopping, parks, and public transportation, this is an outstanding opportunity to own a quality income property in a highly desirable location.Home, pest and roof inspections available.

1725 V Street, Sacramento

Listing courtesy of Sathre Real Estate.

$1,000,000
226088668 MLS
614 17th Street, a thoughtfully renovated four-unit multifamily investment opportunity ideally situated in the highly desirable Boulevard Park neighborhood of Midtown Sacramentothe region's most established and sought-after rental market. The property consists of four spacious one-bedroom, one-bathroom apartments, each offering approximately 600 rentable square feet. Residents enjoy the convenience of gated off-street parking and on-site laundry facilities, amenities that continue to drive resident demand. Recent improvements include new carpet, fresh interior & exterior paint, new tile flooring in the entryways, kitchens, and bathrooms, energy-efficient lighting, and additional interior upgrades. With one unit currently vacant, investors have an immediate opportunity to increase cash flow by leasing the apartment at current market rents or by utilizing the vacancy for owner occupancy.

614 17th Street, Sacramento

Listing courtesy of Marcus & Millichap 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.

$1,100,000
2,836 SqFt. 226084821 MLS
RARE TURNKEY MULTIFAMILY INVESTMENT WITH EXCEPTIONAL UPSIDE! Rare opportunity to own a fully renovated fourplex offering immediate rental income, low-maintenance ownership, and outstanding future development potential. The property underwent a comprehensive renovation in October 2022, featuring modern finishes, updated systems, and improved functionality that provide today's tenants with comfort and convenience while offering investors a turnkey asset. Each of the four units features 2 bedrooms, 1 bathroom, and its own stackable washer and dryer, providing an amenity that is highly desirable in today's rental market. Tenants pay their own electricity and gas, helping reduce owner operating expenses and improve investment performance. During the 2022 renovation, the owner completed extensive improvements, including a new roof, HVAC systems, plumbing, electrical, windows, stucco, framing, kitchens, bathrooms, and bedrooms. The extensive upgrades make this an attractive, low-maintenance investment with strong long-term rental appeal. Situated on a large lot, this property offers exceptional upside beyond its current income. Potential opportunities may include splitting the lot to construct an additional fourplex or retaining the existing improvements while adding up to three Accessory Dwelling Units (ADUs), creating multiple opportunities to increase future value and cash flow. Buyer to independently verify all zoning, lot split potential, ADU opportunities, permits, development feasibility, and intended uses with the City of Sacramento and all applicable governmental agencies. Whether you are completing a a 1031 Exchange, expanding your multifamily portfolio, or searching for a quality investment with long-term appreciation potential, this property offers a rare combination of modern improvements, immediate income, and future development possibilities. Conveniently located near shopping, restaurants, schools, parks, Downtown Sacramento, Sacramento International Airport, public transportation, and major commuter routes, this property is well positioned in one of Sacramento's strongest rental markets.

431 Harding Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,599,000
4,630 SqFt. 226074712 MLS
NEW PRICE - $1,599,000 Historic Midtown Craftsman Fourplex + Flex Space $121,740 Annualized Scheduled Income A rare opportunity to acquire a stabilized multifamily property in the heart of Midtown Sacramento offering a compelling combination of income, historic character and flexibility. This 4,630 SF Craftsman fourplex generates $121,740 in annualized scheduled income, including garage income, with tenants paying their own gas and electric. At the new price, the property offers an approx. 4.9% cap rate based on normalized operating expenses. Originally built in 1900, 815 17th Street showcases the craftsmanship that makes Midtown properties so difficult to replicate, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors and extensive period millwork. The property consists of four income-producing residential units plus two income-producing garages, providing valuable off-street parking in the heart of Midtown. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area and living area. While not represented as a legal rental unit, the space provides exceptional flexibility for owner use, guests, home office, studio, fitness area, storage or other personal uses. The property has benefited from numerous improvements and ongoing maintenance, highlighted by the installation of a 50-year roof in 2022. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center and the R Street Corridor, with Midtown's restaurants, coffee shops, parks, nightlife and arts scene nearby. Now offered at $1,599,000, 815 17th Street presents a unique opportunity for investors, 1031 exchange buyers and owner-users seeking stabilized income, substantial square footage and irreplaceable historic character in one of Sacramento's most desirable urban neighborhoods.

815 17th Street, Sacramento

Listing courtesy of eXp Realty of California, Inc..

$1,295,000
3,456 SqFt. 226064776 MLS
An exceptional, high-yield addition to your investment portfolio! Situated in the highly desirable Boulevard Park/Mansion Flats area of Midtown Sacramento, this turnkey fourplex offers a rare blend of historic charm, modern updates, and strong, immediate cash flow. Generating an impressive $7,680 per month in gross rental income, this stabilized asset is perfect for savvy investors or an owner-occupant looking to house-hack in one of the city's most rental-resilient neighborhoods. The property has been thoughtfully maintained and updated to command premium rents. Each of the four spacious units features a highly rentable layout with modern finishes, independent washers and dryers, and fully equipped kitchens with gas ranges and dishwashers. To top it off, tenants enjoy the ultimate Midtown luxury: private outdoor decks and designated off-street, uncovered parking located securely at the back of the building. Walkable and bikeable to the grid's finest dining, local coffee shops, and entertainment hubs. This property has been meticulously maintained, dramatically lowering future capital expenditure liabilities for its next owner. Over $39,000 has been reinvested across structural, cosmetic, mechanical, and safety upgrades. Midtown fourplexes of this caliber rarely hit the market fully stabilized with this level of strong cash flow. Don't miss the chance to acquire a premium piece of the Sacramento grid.

2018 G Street, Sacramento

Listing courtesy of Metro Financial Services Inc.

$1,250,000
3,684 SqFt. 226054893 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5372 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,350,000
3,900 SqFt. 226054886 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5364 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,250,000
1,650 SqFt. 226038165 MLS
Welcome to Mansion Flats, a rare opportunity to own a classic 1890 Victorian duplex in the heart of Downtown Sacramento. This 1,700 sq ft front duplex blends historic charm with modern updates, including updated plumbing and electrical, fresh interior and exterior paint, and newly built, permitted wood stairs brought up to code. The downstairs unit has been fully renovated with new flooring, paint, and appliances, while the upstairs unit is occupied by great tenants, providing immediate income. In addition, a newly completed 930 sq ft ADU (March 2026) adds two more units, each offering 1 bedroom and 1 bathroom, significantly increasing the property's income potential. Located just minutes from the Capitol, DOCO, top restaurants, parks, and entertainment, this property offers strong cash flow potential and an unbeatable urban lifestyle. Ideal for investors or owner-occupants looking to offset their mortgage with multiple income streams. Unit 1,226 $2195 per month and the upstairs $1417 will increase to $1525 on June 1st. Downstairs ADU $1850 per month and upstairs is vacant.

1226 E Street, Sacramento

Listing courtesy of eXp Realty of California Inc..

$795,000
226036927 MLS
Welcome to the Heart of Midtown Sacramento Discover timeless elegance and unbeatable location with this Prime Midtown Victorian, a rare gem offering both historic charm and exceptional investment opportunity. Situated just blocks from the State Capitol, this centrally located property boasts unparalleled walkability and bike access to Sacramento's finest restaurants, boutiques, and entertainment venues. Midtown is celebrated for its vibrant culture, tree lined streets, and rich architectural heritage making it one of the city's most sought-after neighborhoods. With classic character this property has been owned and maintained by the same owners for over 40 years, this Victorian home retains its original charm with features such as: Gleaming hardwood floors, built-in cabinetry, authentic pocket doors and intricate woodwork throughout. Recent upgrades include a newer roof and fresh exterior paint, ensuring both beauty and durability. Endless Possibilities Whether you're dreaming of restoring a historic residence, generating rental income, this property offers versatile potential and strong long-term value. Its proximity to public transit, major employment hubs, and top-tier amenities makes it a prime candidate for consistent appreciation and reliable returns.

1212 23rd, Sacramento

Listing courtesy of Amy M. Pickart, Broker.

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