
Sacramento, CA 95811
This downtown Sacramento fourplex represents a High-Potential Investment Opportunity with a List Price of $849,900—positioned well below the $878,491 Fair Market Value by 3%. This valuation gap offers $28,591 in Instant Equity. Featuring a Fair Condition Rating (1905 build), the asset provides immediate cash flow from four occupied units. The cleared rear lot offers significant ADU Development Potential. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a prime urban location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1917 10th St Subject 0 bd · 0 ba · 2,700 sqft · $325 | $849,900* List Price | 0 | 0 | 2,700 | $325 | - |
A 1921 21st Street Active 5 bd · 3 ba · 2,628 sqft · $381 · 0.9 mi | $999,999 List Price | 5 | 3 | 2,628 | $381 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905 with no evidence of recent major renovations. Interior images reveal dated finishes, older cabinetry, and an obsolete wall-vented heating unit, suggesting systems and interiors are well over 30 years old and require significant rehabilitation to meet modern standards.
Situated in the heart of Sacramento near the State Capitol, DOCO, and Golden 1 Center, the property offers exceptional walkability and high rental demand.
The fourplex is fully occupied with established tenants across all four units, providing a turnkey investment with immediate income generation.
The cleared rear area with alley access presents a significant value-add opportunity for an ADU or additional development, subject to city permits.
Built in 1905, the property may require ongoing capital expenditures for aging infrastructure and systems typical of century-old structures.
The demolition of the former garage leaves the property without protected parking, which may be a drawback for tenants in a dense urban environment.
This classic downtown Sacramento fourplex is fully occupied, with two studios and two one-bedroom units leased to established tenants. The well-kept architectural character sits close to the Capitol, DOCO, Golden 1 Center, dining, transit, and freeway access. The former garage has been demolished, leaving a cleared area with rear alley access and potential for an ADU or additional development, subject to City of Sacramento zoning, permits, and site requirements. Buyer to verify. Financial package available to qualified buyers. Do not disturb tenants.
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 | 2,700 | 1,951.727 |
| Lot Size | 3,485 | 6,558.2 |
| Price | $849.9K | $658.0K |
| Price per sq ft | $315 | $327 |
| Built year | 1905 | 1957 |
| HOA | $0 | $304 |
| Days on market | 11 | 52 |
Oct 13, 2026
$849,900
Initial Listing