1921 21st Street, Sacramento, CA 95811, Sacramento, 95811 - 5 bed, 3 bath
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Sacramento, CA 95811
This Midtown duplex represents a High-Potential Investment Opportunity, listed at $1,090,000—positioned slightly above the $1,042,795 Fair Market Value. While the property requires modernization, its Fair Condition Rating is offset by a massive 7,841 sq. ft. lot with alley access, offering significant ADU development potential. Located steps from the R Street Corridor, this asset provides versatile rental configurations for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through strategic value-add renovations in a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1921 21st Street Subject | $1,089,999* List Price | 5 | 3 | 2,628 | $397 | - |
A 815 18th St Sold | $1,140,000 | 7 | 4 | 3,000 | $380 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1933, the property is well-maintained but significantly dated. The bathrooms feature vintage tile and fixtures likely exceeding 30 years in age, and the presence of window AC units indicates a lack of modern central HVAC systems. While functional and move-in ready for tenants, the property requires cosmetic and system updates to meet modern 'Good' or 'Excellent' standards.
Situated steps from the R Street Corridor and Ice Blocks, the property offers exceptional walkability to Sacramento's premier dining, coffee shops, and entertainment hubs.
The generous 7,841 sq. ft. lot with alley access and detached garages provides a rare opportunity for ADUs or further residential expansion in a high-demand area.
With a 3BD/2BA and a 2BD/1BA unit featuring private fenced yards, the property is perfectly suited for both high-yield rental portfolios and owner-occupants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Built in 1933, the property may require ongoing maintenance or costly upgrades to major systems to meet modern efficiency and safety standards.
At a list price of nearly $1.1M, the initial cap rate may be compressed for investors until value-add development or significant rent increases are implemented.
Prime Midtown duplex just steps from Sacramento's vibrant R Street Corridor, Tower 24, Ice Blocks, award-winning restaurants, coffee shops, breweries, and entertainment. This well-maintained property features a spacious 3BD/2BA unit and a 2BD/1BA unit, each with private fenced yards, detached two-car garages, and convenient alley access. Situated on a generous 7,841 sq. ft. lot, the property offers outstanding income potential today with possible future value-add opportunities through ADUs, garage conversion, or additional residential development (subject to City approval). Ideal for investors, owner-occupants, or those seeking long-term upside in one of Sacramento's most sought-after neighborhoods. Buyer to verify all development potential with the City of Sacramento.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,628 | - |
| Lot Size | 7,841 | - |
| Price | $1.09M | $694.2K |
| Price per sq ft | $415 | $325 |
| Built year | 1933 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 69 |
Jul 7, 2026
$1,089,999
Initial Listing
Mar 30, 2016
$630,000
Public Record