2315 Cambridge Street, Sacramento, CA 95815, Sacramento, 95815 - 3 bed, 2 bath
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Sacramento, CA 95815
This High-Potential Investment Opportunity is a Duplex listed at $299,888—positioned well below the $288,958 Fair Market Value by -3%. While the property carries a Poor Condition Rating due to its age and deferred maintenance, it offers a rare, low-barrier entry point for investors. The dual-unit configuration provides immediate rental flexibility, allowing for significant upside through cosmetic renovations. This asset is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to build equity in the Sacramento market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2315 Cambridge Street Subject | $299,888* List Price | 3 | 2 | 840 | $344 | - |
A 2585 beaumont Street Active | $375,000 List Price | 4 | 2 | 1,100 | $341 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and marketed as an 'Investor Special' fixer, the property features boarded-up windows and exterior neglect. While the bathroom shows some recent cosmetic updates, the overall age (>60 years) and the need for significant rehab to address security and potential system issues place it in the poor category.
Listed under $300,000, this duplex offers a rare, low-barrier entry point for investors looking to acquire multi-unit residential income property in the Sacramento market.
The two-unit configuration, featuring a 2-bedroom and a 1-bedroom unit, provides immediate cash flow opportunities and flexibility for house-hacking or traditional rental strategies.
Described as a light cosmetic fixer, the property presents significant upside potential to build equity quickly through minor renovations and market-rate rent adjustments.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 840 total square feet divided between two units, the living quarters are exceptionally compact, which may limit the tenant pool and long-term occupancy comfort.
The 2,614 square foot lot offers very little outdoor space or yard area, which could be a drawback for tenants with pets or those requiring additional off-street parking.
Investor Special! 2 Unit opportunity in Sacramento listed for under $300,000! UNIT 1: 2BEDROOM x 1Bath. UNIT 2: 1BEDROOM x 1BATH. Light cosmetic fixer with excellent upside potential. Perfect for investors seeking their next value-add project or rental property. Great opportunity to build equity and generate cash flow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 840 | - |
| Lot Size | 2,614 | - |
| Price | $299.9K | $694.2K |
| Price per sq ft | $357 | $325 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 69 |
Jul 18, 2026
$299,888
Initial Listing
Nov 27, 2024
$315,000
Public Record
Apr 27, 2023
$305,000
Public Record
Aug 16, 2022
$196,000
Public Record