
Sacramento, CA 95816
This Historic Boulevard Park Triplex represents a High-Potential Investment Opportunity listed at $1,795,000, reflecting a stable price point aligned with its $1,792,326 Fair Market Value. The property maintains a Condition Rating of 3 with updated electrical and plumbing systems across 4,300 square feet of living space. A rare subdivided buildable back lot provides immediate development upside for townhomes or a carriage house. Situated near Sutter Middle School, this asset combines historic character with significant expansion potential. It is a strategic acquisition for Buy-and-Hold Investors and Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2219 H St Subject 8 bd · 4 ba · 4,300 sqft · $325 | $1,399,000* List Price | 8 | 4 | 4,300 | $325 | - |
A 2526 Capitol Avenue Active 7 bd · 6 ba · 3,700 sqft · $376 · 0.5 mi | $1,390,000 List Price | 7 | 6 | 3,700 | $376 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1910 build date, the property has undergone significant renovations likely within the last 5-15 years. Kitchens feature granite countertops and updated cabinetry, and bathrooms have been modernized with contemporary tiling and fixtures. The listing confirms updated plumbing and electrical systems, and the interior appears well-maintained and move-in ready.
The sale includes a subdivided, buildable back lot with potential for two upscale townhomes or a carriage house, offering significant value-add or separate resale potential.
Situated in the prestigious Boulevard Park quarter of Midtown, the property occupies a highly desirable location that commands premium rents and long-term appreciation.
Boasting over 4,300 square feet with a massive 2,200 square-foot upper flat and a full-footprint basement, the property offers rare volume and expansion potential for a historic asset.
The premium list price combined with the necessary capital for lot development or basement conversion requires a sophisticated investor with significant liquidity.
As a 1910 historic structure, any renovations or new construction on the back lot will likely face stringent city planning oversight and higher maintenance costs associated with aging infrastructure.
Unique Midtown property in prime Boulevard Park location. Great for Owner-occupant seeking additional income and security, like that offered by ADUs. Entire 2nd story is a remodeled, historically stylish 4bd, 2ba, 2200 sq.ft. flat w/ sun porch and office spaces. Two first-story units are approx 1100 sf each, similarly appointed. Units all feature high ceilings, wood floors, historic finishes, great natural light and are separately metered. New Roof and Electric panel in 2024. Updated electrical & plumbing. Recently installed new water heaters. Full-footprint stand-up basement is potential added income or storage. Huge attic space. ********* 2219 H and 2220 Government Aly can also be acquired as a package, $1,679,000. 2220 Govt Aly is a connected, buildable, subdivided back parcel (parcel 003-0184-025-0000 - See MLS listing 226121244). The two properties, together, are 160' deep, curb to alley. Govt Aly is perfect for new high value town-homes or a Carriage House with 2000-3000 sf living space above and 3-4 car garage at ground level. Govt Aly can also be acquired separately. Consult Architect or City Planning for options.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.1 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.5 |
| Baths | 4.0 | 3.5 |
| Square foot | 4,300 | 1,951.727 |
| Lot Size | 6,400 | 6,558.2 |
| Price | $1.40M | $658.0K |
| Price per sq ft | $325 | $327 |
| Built year | 1910 | 1957 |
| HOA | $0 | $304 |
| Days on market | 185 | 52 |
Oct 13, 2026
$1,399,000
$1,479,000
-5% Price Drop
Initial Listing
Sep 28, 2026
$1,479,000
$1,679,000
-12% Price Drop
Initial Listing
Sep 3, 2026
$1,679,000
$1,725,000
-3% Price Drop
Initial Listing
May 26, 2026
$1,725,000
$1,795,000
-4% Price Drop
Initial Listing
Apr 23, 2026
$1,795,000
Initial Listing
Sep 1, 2023
$1,475,000
Public Record