2801 D Street, Sacramento, CA 95816, Sacramento, 95816 - 4 bed, 4 bath
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2801 D Street
Sacramento, CA 95816
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
800Sq Ft
3,049Lot Size
Property Price
LIST PRICE$1,195,000
EST. MARKET VALUE
$1,255,046
4% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Turnkey Fourplex listed at $1,195,000—positioned well below the $1,255,047 Fair Market Value by 4%. This valuation gap offers $60,047 in Instant Equity. Featuring a Mint Condition Rating with modern finishes and in-unit laundry, the property generates $7,670 in monthly income. With Value-Add ADU Potential via the detached garage, this asset is ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking immediate cash flow and long-term appreciation in Midtown Sacramento.
Estimated Market Value
$1,255,046+$60,046 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 |
|---|---|---|---|---|---|---|
★ 2801 D Street Subject | $1,195,000* List Price | 4 | 4 | 800 | $1,569 | - |
A 2409 I Street Active | $1,400,000 List Price | 3 | 3 | 867 | $1,615 | 0.5 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.
Fully renovated fourplex with modern kitchens, bathrooms, and flooring. The property is in turnkey, mint condition following a comprehensive remodel (<5 years) including updated finishes and in-unit laundry.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovation
The property is fully renovated with updated kitchens, bathrooms, and in-unit laundry, minimizing immediate capital expenditure and maintenance for new owners.
- Strong Immediate Cash Flow
With 100% occupancy and a robust monthly rental income of approximately $7,670, this asset provides reliable and immediate returns in a high-demand Midtown location.
- Value-Add ADU Potential
Existing plans to convert the detached garage into a 1-bedroom ADU offer a clear path to increasing the unit count to five, significantly boosting the property's revenue and valuation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 3063.
- High Density/Small Lot
The 3,049 sqft lot is relatively compact for a fourplex, which may result in limited private outdoor space and potential parking constraints for tenants.
- Historic Infrastructure Risks
Originally built in 1900, the property may still harbor aging structural or utility components typical of century-old buildings that were not addressed in the cosmetic renovations.
About 2801 D Street
2801 D Street is a fully renovated fourplex located in Sacramento's desirable Midtown area. The property consists of four spacious 1-bedroom, 1-bathroom units, each thoughtfully remodeled with updated kitchens, bathrooms, flooring, and finishes throughout. Each unit also features its own washer and dryer, providing a highly desirable amenity for tenants. The property is 100% occupied and benefits from strong in-place rents totaling approximately $7,670 per month, offering an investor immediate cash flow with minimal near-term capital improvements needed. Additional upside exists through the detached garage, with plans to convert the space into a 1-bedroom, 1-bathroom ADU, providing the opportunity to add a fifth income-producing unit and further increase the property's revenue potential. Located in a quiet residential pocket of Midtown near East Sacramento, McKinley Park, restaurants, shopping, and employment centers, 2801 D Street offers investors a rare combination of turnkey condition, strong existing income, and additional value-add potential.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1900
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Washington Elementary School
Grades K-6 • 0.8 mi
0/10
Theodore Judah Elementary School
Grades K-6 • 0.9 mi
7/10
Sutter Middle School
Grades 7-8 • 0.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 4.0 | 3.6 |
| Square foot | 800 | 1,911.465 |
| Lot Size | 3,049 | 6,677.419 |
| Price | $1.20M | $673.8K |
| Price per sq ft | $1.5K | $336 |
| Built year | 1900 | 1956 |
| HOA | $0 | $304 |
| Days on market | 20 | 55 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,195,000
Initial Listing
Sold
Jul 30, 2021
$890,000
Public Record