2824 D Street, Sacramento, CA 95816, Sacramento, 95816 - 9 bed, 6 bath
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Sacramento, CA 95816
This Modern Multifamily Asset is listed at $1,250,000, offering exceptional price stability at its $1,250,000 Fair Market Value. Boasting a Condition Rating of 2, the property features high-end contemporary finishes across a high-density 9-bedroom, 6-bathroom configuration. Each level includes Private Balconies and dedicated laundry, ensuring strong tenant retention and premium rents. Situated near Sutter Middle School and Theodore Judah Elementary, the property’s new-construction status eliminates immediate capital expenditures. This turnkey asset is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, low-maintenance investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2824 D Street Subject | $1,250,000* List Price | 9 | 6 | 2,966 | $421 | - |
A 910 38th Street Sold | $1,350,000 | 7 | 5 | 2,950 | $458 | 0.8 mi |
B 2711 I Street Active | $1,600,000 List Price | 0 | 0 | 3,852 | $415 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property appears to be a new or very recent construction featuring high-end contemporary finishes throughout. The interior boasts a modern kitchen with stainless steel appliances and stone countertops, updated bathrooms with designer tile work, luxury vinyl plank flooring, and large windows. All major systems and components appear new, meeting current quality standards with no visible deferred maintenance.
With a 9-bedroom, 6-bathroom configuration across nearly 3,000 square feet, this property offers an exceptional unit mix designed to maximize rental yield and accommodate high-occupancy demand.
The inclusion of dedicated on-site laundry on every level and private balconies for each unit provides modern conveniences that reduce tenant turnover and justify premium market rents.
The architectural design features 8-foot ceilings and expansive windows throughout, creating bright, airy living spaces that enhance the property's aesthetic appeal and tenant satisfaction.
The property sits on a very small 1,854-square-foot lot, which leaves virtually no room for common outdoor areas, additional parking, or future footprint expansion.
The three-story layout without an elevator may limit the potential tenant pool to those comfortable with stairs and increases the logistical difficulty of moving furniture and performing exterior maintenance.
Income-Producing Multifamily Gem with Endless Potential. This three-story building is designed for strong rental income and long-term growth. Each level features convenient on-site laundry and private balconies, giving tenants the modern comforts they're looking for. Inside, you'll find 8-foot ceilings and tall windows that bring in abundant natural light, creating bright and airy living spaces. With multiple units stacked for efficiency, the property offers a great mix of functionality and appealperfect for both short-term leasing strategies or stable long-term tenants. Whether you're an investor expanding your portfolio or looking for a value-add opportunity, this multifamily has all the fundamentals to generate huge income potential.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 4.0 | 89% |
| Baths | 6.0 | 4.0 | 89% |
| Square foot | 2,966 | 2,950 | 56% |
| Lot Size | 1,854 | 4,792 | 11% |
| Price | $1.25M | $1.20M | 56% |
| Price per sq ft | $421 | $423 | 44% |
| Built year | 0 | 1920 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 237 | 201 | 78% |
Aug 28, 2025
$1,250,000
Initial Listing