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$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.

$700,000
5 Beds ⋅ 3 Baths ⋅ 1,414 SqFt. ⋅ 226091576 MLS
Adorable 1880 Victorian at the heart of Sacramento's historic Mansion Flats offers a rare chance to restore one of downtown's true architectural gems. NEW ROOF! Currently operated as an income producing room rental with month to month tenants, the home offers built in flexibility: continue the existing use for immediate cash flow, convert it back to a single family residence, or explore other possibilities. Full bathrooms on both levels, high ceilings, and generously scaled rooms bathed in natural light round out an interior full of warmth and character. Beyond the house itself is an exceptional 0.15 acre lot. It is deep and gated, with rear access off Democracy Alley and an extra wide gate suited to off street parking, RV storage, or future development (buyers should verify ADU potential with the City of Sacramento). The location speaks for itself: minutes from the State Capitol, DOCO, Golden 1 Center, and Old Sacramento, with easy freeway, light rail, and bike trail access, all within one of the city's most storied historic districts. Buyer to verify square footage, room count, permits, intended use, and development potential to their satisfaction.

1420 D Street, Sacramento

Listing courtesy of Real Broker Technologies.

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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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