
Sacramento, CA 95811
This Residential Income Asset represents a strategic acquisition in Midtown Sacramento, featuring a List Price of $875,000 which reflects the stability of its $859,250 Fair Market Value. Holding a Condition Rating of 4, this 1898 triplex provides substantial Value-Add potential through interior modernization and the utilization of its large private backyard and private deck for further development. Its proximity to the Golden 1 Center ensures consistent rental demand and long-term appreciation. This multi-unit property is an ideal opportunity for Buy-and-Hold Investors or Developers seeking to maximize urban density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1827 T Street Subject | $830,000 | 6 | 3 | 1,000 | $859 | - |
A 1708 16th Street Sold | $700,000 | 4 | 4 | 800 | $875 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1898, this triplex is aged but functional, fitting the 'fair' criteria. While it features some recent maintenance like a newer roof (2019) and partial bathroom updates, the kitchens remain significantly outdated with older cabinetry and tile. The presence of surface-mounted electrical conduits and wall/window cooling units indicates that major systems have not been fully modernized. The property is sold 'as-is' and requires cosmetic and system updates to meet current market standards.
Situated in a highly desirable Midtown Sacramento neighborhood, the property offers exceptional walkability to Safeway, dining, entertainment, and major landmarks like the Golden 1 Center.
The property features a large private backyard with alley access, providing a significant opportunity for further development or the addition of an Accessory Dwelling Unit (ADU).
With a combination of one, two, and three-bedroom units, the triplex offers a diverse rental strategy that can appeal to a wide range of tenant profiles and maximize income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 2744. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Being sold in as-is condition and originally built in 1898, the property likely requires substantial capital for interior modernization and potential updates to century-old systems.
The presence of only a one-car garage for a triplex with six total bedrooms presents a challenge for tenant parking in a high-density urban area where street parking is competitive.
Location, Location! Prime investment opportunity in a highly desirable area in Midtown Sacramento. A Triplex and a largo private backyard with development potential. It features an exceptional unit mix with a spacious 2-bedroom/1-bath & 1-bedroom/1-bath units downstairs, a spacious 3-bedroom/1-bath with a sunroom upstairs. A big size one car garage access in the back alley. It just half block from Safeway Center & Wells Fargo Bank, minutes from Golden 1 Center, Downtown Commons, Midtown's top dining and entertainment, and nearby freeways. New stairs and new porch. Newer roof and gutters installed in 2019. Laundry room in the back. Outdoor access to backyard. Property to be sold AS-IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 3.0 | 4.0 | 33% |
| Square foot | 1,000 | 1,100 | 50% |
| Lot Size | 6,534 | 3,202 | 67% |
| Price | $830.0K | $935.0K | 50% |
| Price per sq ft | $830 | $830 | 50% |
| Built year | 1898 | 1903 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 201 | 220 | 50% |
Dec 1, 2025
$830,000
Public Record