
Sacramento, CA 95815
Analysis of 2749 Fairfield Street, Sacramento, CA 95815 is currently available with a list price of $1,285,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1958, this multi-family property is dated but functional. The kitchen features older flat-panel cabinetry and laminate countertops consistent with a refresh that is over 20 years old. While the roof appears to be in decent condition from aerial views and the units are move-in ready for tenants, the overall aesthetic and aging systems require modernization and minor repairs to meet current market standards.
The six-unit configuration with Section 8 eligibility provides a reliable and consistent cash flow, catering to a high-demand rental segment in the Sacramento market.
Sitting on a generous 17,049 square foot lot, the property offers rare expansion potential or the possibility to add Accessory Dwelling Units (ADUs) to increase total yield.
The property is well-positioned near major employment centers and transportation corridors, ensuring long-term desirability and low vacancy rates due to urban accessibility.
Built in 1958, the property may require significant capital expenditures for deferred maintenance or upgrades to major systems like plumbing and electrical to remain competitive.
The uniform 1-bedroom, 1-bathroom layout limits the tenant pool to individuals or couples, potentially missing out on the stability and higher rents associated with multi-bedroom family units.
Presenting an exceptional multifamily investment opportunity at 2749 Fairfield Avenue, a well-positioned six-unit apartment community located within one of Sacramento's established residential neighborhoods. Each unit is 1 bedroom 1 bathroom and section 8 welcomed. This attractive asset offers investors the rare combination of stable income potential, strong rental demand, and long-term appreciation prospects in California's thriving capital city. Ideally situated with convenient access to major employment centers, transportation corridors, retail amenities, dining destinations, and recreational attractions, the property benefits from Sacramento's continued population growth and expanding economic base. Residents enjoy a desirable balance of neighborhood charm and urban accessibility, making the location highly appealing to a diverse tenant demographic. The six-unit configuration provides an efficient and manageable scale for both seasoned investors and those seeking to expand their multifamily portfolio. With Sacramento's robust housing fundamentals and ongoing demand for quality rental accommodations, the property is well-positioned to deliver reliable cash flow while offering opportunities for future value enhancement.2749 Fairfield Avenue represents a compelling opportunity to acquire a strategically located multifamily asset in a market recognized for its resilience, affordability relative to coastal California markets, and strong long-term growth trajectory. Investors will appreciate the property's income-producing characteristics, desirable location, and potential to capitalize on Sacramento's continued economic and residential expansion.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 20% |
| Baths | 0.0 | 2.0 | 20% |
| Square foot | 3,186 | 2,159 | 80% |
| Lot Size | 17,049 | 7,841 | 80% |
| Price | $1.28M | $395.5K | 80% |
| Price per sq ft | $403 | $403 | 50% |
| Built year | 1958 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 186 | 20% |
Jun 3, 2026
$1,285,000
Initial Listing
Apr 22, 2015
$230,000
Public Record