
Sacramento, CA 95818
This 5-unit multi-family property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well above the $828,857 Fair Market Value by -2%. Featuring a Condition Rating of 5, this asset requires significant rehabilitation to unlock its full revenue potential. The property includes a new 2024 roof and 4 off-street parking spaces, providing a solid foundation for value-add strategies. This is an ideal acquisition for Buy-and-Hold Investors or experienced developers targeting long-term rental growth in the Midtown/Downtown Sacramento market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1717 U St Subject 0 bd · 0 ba · 3,478 sqft · $238 | $795,000* List Price | 0 | 0 | 3,478 | $238 | - |
A 1123 W Street Pending 10 bd · 3 ba · 4,310 sqft · $244 · 0.5 mi | $1,050,000 List Price | 10 | 3 | 4,310 | $244 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910 and explicitly listed as a fixer-upper, the property requires significant rehabilitation. Interior images show a heavily worn kitchen with peeling cabinets, dated finishes, and reliance on window AC units rather than updated central HVAC systems. While the roof was replaced in 2024, the units need extensive remodeling.
This 5-unit multi-family property offers significant upside for investors through strategic remodeling and the ability to bring below-market rents to current market rates.
A brand-new roof installed in 2024 reduces immediate capital expenditure requirements and provides long-term structural protection for the investment.
Situated in a highly desirable Midtown/Downtown Sacramento area, the property features rare off-street parking for four vehicles, increasing tenant demand and retention.
The property is identified as a fixer-upper, requiring substantial initial capital investment for updates and repairs to realize its full market potential.
Current rents are significantly below market value due to long-term tenancies, which may impact immediate cash flow and debt service coverage ratios.
Charming fixer consist of 5 units with tons of upside potential. Ideal for investors who will update / remodel the property. Front unit (2 br / 1 ba), 4 one bedroom units. Lot goes from the U Street to the back alley. Roof installed in 2024. 4 off street parking spaces. Rents are low - long term tenants. Easy access to popular downtown / midtown. Minutes from stores, parks, restaurants, shopping, freeway and more
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 3,478 | 1,951.727 |
| Lot Size | 6,534 | 6,558.2 |
| Price | $795.0K | $658.0K |
| Price per sq ft | $229 | $327 |
| Built year | 1910 | 1957 |
| HOA | $0 | $304 |
| Days on market | 56 | 52 |
Oct 14, 2026
$795,000
$850,000
-6% Price Drop
Initial Listing
Aug 29, 2026
$850,000
Initial Listing