1212 23rd, Sacramento, CA 95816, Sacramento, 95816 - 4 bed, 5 bath
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Sacramento, CA 95816
This Prime Midtown Victorian Quadruplex is a high-demand multi-unit asset listed at $825,000, reflecting a location-based premium over the $685,122 Fair Market Value. Currently holding a Condition Rating of 4, the property retains its historic integrity with original hardwood floors and authentic pocket doors, offering a significant value-add opportunity through interior modernization. Situated in a highly walkable corridor near the State Capitol and top-rated Sutter Middle School, the property is positioned for long-term appreciation and consistent occupancy. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1212 23rd Subject | $825,000* List Price | 4 | 5 | 2,650 | $259 | - |
A 1515 24th Street Sold | $750,000 | 4 | 4 | 3,358 | $223 | 0.3 mi |
B 1212 23rd Active | $825,000 List Price | 4 | 5 | 2,650 | $311 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This Victorian quadruplex is well-maintained with a newer roof and fresh exterior paint, preserving its historic charm and original woodwork. However, having been under the same ownership for over 40 years, the property likely features kitchens and bathrooms that are functional but dated, requiring modernization to meet current luxury standards. It fits the criteria of an aged property maintained through regular upkeep but showing signs of being outdated.
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.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 78% |
| Square foot | 2,650 | 2,650 | 50% |
| Lot Size | 3,049 | 4,792 | 33% |
| Price | $825.0K | $825.0K | 50% |
| Price per sq ft | $311 | $423 | 22% |
| Built year | 0 | 1920 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 241 | 201 | 78% |
Aug 24, 2025
$825,000
Initial Listing