2616 Q Street, Sacramento, CA 95816, Sacramento, 95816 - 3 bed, 1 bath
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2616 Q Street
Sacramento, CA 95816
ACTIVE
CONDITION: EXCELLENT
3Beds
1Baths
1,300Sq Ft
3,049Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$620,272
3% BelowMARKET VALUE
SUMMARY
This Turnkey Highwater Bungalow is a Prime Investment Opportunity, listed at $599,000—positioned well below the $620,272 Fair Market Value by 3%. This valuation gap offers $21,272 in Instant Equity. Featuring a Mint Condition Rating with a new roof, HVAC, and updated electrical, this home offers a worry-free lifestyle. Located in Midtown near top-rated schools like Caleb Greenwood, it provides a perfect balance of historic charm and modern efficiency. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Estimated Market Value
$620,272+$21,272 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2616 Q Street Subject | $599,000* List Price | 3 | 1 | 1,300 | $477 | - |
A 1908 27th Street Sold | $519,750 | 2 | 1 | 1,120 | $464 | 0.2 mi |
B 2327 N St Sold | $450,000 | 2 | 1 | 892 | $504 | 0.3 mi |
C 2604 S Street Active | $710,000 List Price | 3 | 2 | 1,244 | $571 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, including a brand-new roof, HVAC system, updated plumbing, and new electrical wiring/panel. The kitchen was fully refreshed with new cabinetry and appliances within the past 5 years, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive System Upgrades
The property features a brand-new roof, HVAC system, updated electrical wiring, and modern plumbing, providing the peace of mind of a new build within a classic 1910 structure.
- Prime Midtown Location
Situated in a highly desirable Sacramento neighborhood, this home offers exceptional walkability to local restaurants, coffee shops, and urban amenities.
- Preserved Historic Character
This Highwater Bungalow maintains its vintage charm and architectural integrity while being thoughtfully updated to meet current city building codes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 6534.
- Limited Bathroom Count
With three bedrooms and only one bathroom, the home's layout may pose a challenge for families or those accustomed to modern multi-bath configurations.
- Compact Lot Size
The 3,049-square-foot lot is relatively small, offering limited private outdoor space and restricted potential for future structural expansions or ADU additions.
About 2616 Q Street
Charming Highwater Bungalow at 2616 Q Street, thoughtfully updated to meet current city building codes while preserving its classic character. This beautifully remodeled home features major system upgrades, including a brand-new roof and HVAC system, updated water drainage plumbing, new electrical wiring, and a modern electrical panel, offering peace of mind for years to come. The kitchen has been refreshed with appliances and cabinetry installed within the past five years, blending functionality with style. Enjoy the perfect balance of vintage charm and modern improvements in a prime Midtown location, just minutes from restaurants, coffee shops, and local amenities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
David Lubin Elementary School
Grades K-6 • 0.8 mi
6/10
William Land Elementary School
Grades K-6 • 1.2 mi
6/10
Washington Elementary School
Grades K-6 • 1.2 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,300 | 1,540.857 |
| Lot Size | 3,049 | 6,330.116 |
| Price | $599.0K | $508.1K |
| Price per sq ft | $461 | $333 |
| Built year | 1910 | 1975 |
| HOA | $0 | $128 |
| Days on market | 15 | 45 |
Pricing History
Listed for Sale
Aug 25, 2026
$599,000
Initial Listing
Sold
Jun 24, 2024
$477,500
Public Record