1805 V Street, Sacramento, CA 95818, Sacramento, 95818 - 4 bed, 3 bath
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Sacramento, CA 95818
This 1986-built duplex represents a Prime Investment Opportunity, listed at a List Price of $849,000—positioned well below the $920,000 Fair Market Value by 8%. This valuation gap provides $71,000 in Instant Equity. Featuring a Turnkey Condition Rating with modern shaker cabinetry and newer HVAC systems, the property generates a robust $5,300 monthly income. With rare amenities like attached garages and private outdoor spaces, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, low-maintenance income property in Midtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1805 V Street Subject | $849,000* List Price | 4 | 3 | 1,686 | $489 | - |
A 2431 Binnen Lane Sold | $690,000 | 4 | 3 | 1,270 | $543 | 0.8 mi |
B 1014 Uptown Alley Sold | $770,000 | 3 | 3 | 1,520 | $507 | 0.6 mi |
C 1409 Victorian Alley Sold | $886,000 | 2 | 4 | 2,001 | $443 | 0.3 mi |
D 1413 Victorian Alley Active | $890,000 List Price | 2 | 4 | 2,001 | $445 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1986, the property has undergone a comprehensive recent renovation (likely <5 years) featuring modern shaker cabinetry, solid surface countertops, stainless steel appliances, and remodeled bathrooms. With new luxury vinyl plank flooring, fresh paint, and updated HVAC systems, the units are in mint, turnkey condition with no immediate maintenance required.
Built in 1986, this duplex is significantly newer than the typical Midtown inventory and features extensive modern updates, including shaker cabinetry, LVP flooring, and newer HVAC systems, minimizing immediate capital expenditure.
The property generates a robust $5,300 monthly income with a GRM of 13.34, and is strategically listed at $849,000—well below the recent April appraisal of $920,000+.
Both units offer highly sought-after features rare for the area, including attached one-car garages, private laundry facilities, fireplaces, and dedicated fenced outdoor spaces.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1686, other record living area = 1784.
The 3,049 sqft lot is relatively compact, which limits the potential for future footprint expansion or the addition of an Accessory Dwelling Unit (ADU).
At approximately $503 per square foot, the acquisition cost is high relative to the total living area, which may be a consideration for investors focused strictly on square footage valuation.
Rare 1986-Built Midtown Duplex Turnkey Investment Producing $5,300 Per Month! Appraisal in April came in at $920,000 market approach and $927,500 income approach. Beautifully updated duplex offering the advantages of newer construction in a central Sacramento location where many comparable properties were built decades earlier. Featuring one townhouse-style 2-bedroom unit and one upper-level 2-bedroom flat, both residences have been updated with shaker cabinetry, solid surface countertops, stainless steel appliances, remodeled bathrooms, luxury vinyl plank flooring, dual-pane windows, fireplaces, private laundry, attached one-car garages, and private fenced outdoor spaces. Current rents of $2,800 and $2,500 per month generate $5,300 monthly ($63,600 annually) with a GRM of approximately 13.34. Additional features include newer HVAC systems.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,686 | - |
| Lot Size | 3,049 | - |
| Price | $849.0K | $694.2K |
| Price per sq ft | $504 | $325 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 69 |
Jul 16, 2026
$849,000
Initial Listing
Apr 5, 2024
$778,000
Public Record