
Sacramento, CA 95816
This High-Potential Investment Opportunity is listed at a List Price of $559,950—positioned well below the $576,929 Fair Market Value by 2%. This valuation gap provides $16,979 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new 2023 roof and modern HVAC. Its central location near major medical centers and McKinley Park ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with immediate upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3128 N St Subject 2 bd · 1 ba · 1,115 sqft · $517 | $559,950* List Price | 2 | 1 | 1,115 | $517 | - |
A 1908 27th Street Sold 2 bd · 1 ba · 1,120 sqft · $464 · 0.6 mi | $519,750 | 2 | 1 | 1,120 | $464 | 0.6 mi |
B 1124 34th Street Sold 2 bd · 1 ba · 1,026 sqft · $638 · 0.3 mi | $655,000 | 2 | 1 | 1,026 | $638 | 0.3 mi |
C 2604 S Street Sold 3 bd · 2 ba · 1,244 sqft · $563 · 0.6 mi | $700,000 | 3 | 2 | 1,244 | $563 | 0.6 mi |
D 1035 34th Street Sold 3 bd · 1 ba · 1,050 sqft · $652 · 0.3 mi | $685,000 | 3 | 1 | 1,050 | $652 | 0.3 mi |
E 857 38th Street Sold 2 bd · 1 ba · 992 sqft · $606 · 0.6 mi | $601,000 | 2 | 1 | 992 | $606 | 0.6 mi |
F 2327 N St Sold 2 bd · 1 ba · 892 sqft · $504 · 0.6 mi | $450,000 | 2 | 1 | 892 | $504 | 0.6 mi |
G 1026 37th Street Sold 2 bd · 2 ba · 1,454 sqft · $447 · 0.5 mi | $650,000 | 2 | 2 | 1,454 | $447 | 0.5 mi |
H 1901 39th Street Sold 2 bd · 1 ba · 1,074 sqft · $549 · 0.7 mi | $590,000 | 2 | 1 | 1,074 | $549 | 0.7 mi |
I 3177 O St Pending 2 bd · 1 ba · 1,116 sqft · $538 · 0.1 mi | $599,900 List Price | 2 | 1 | 1,116 | $538 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1922, the property is well-maintained and move-in ready with significant system updates, including a new roof (2023) and a modern HVAC unit. The kitchen features updated appliances and butcher block counters, and the interior shows recent improvements like recessed lighting and refinished hardwoods, placing the renovation age within the 5-15 year range.
Ideally situated between East Sacramento and Midtown, the home offers unparalleled access to three major medical centers, McKinley Park, and a variety of local dining and shopping options.
The property beautifully maintains its 1922 architectural character with original hardwood floors and built-ins, complemented by a brand-new roof installed in 2023.
A long driveway provides ample off-street parking, a rare and highly valuable feature for a home located in the high-demand Midtown/East Sacramento corridor.
The 2-bedroom, 1-bathroom configuration may be a drawback for families or those who frequently host guests, potentially limiting the buyer pool.
With a lot size of just 3,202 square feet, outdoor space is limited, which may restrict future expansion possibilities or large-scale landscaping projects.
Welcome to 3128 N Street, a charming 2 bedroom, 1 bath home offering 1,115 square feet of living space in a convenient location between East Sacramento and Midtown. Combining original architectural character with thoughtful updates, this home offers a comfortable and inviting floor plan. Inside, original hardwood floors, classic trim, and large windows bring warmth and natural light throughout. The living room opens to the formal dining room, highlighted by original built-in cabinetry. The adjoining kitchen offers butcher block countertops, slate tile flooring, updated appliances, and ample workspace. Two bedrooms and a full bathroom complete the interior. The private backyard features a concrete patio, space for outdoor entertaining, and a large storage shed. A long driveway provides ample off-street parking, while a new roof installed in 2023 adds to the home's recent improvements. Ideally located near three major hospitals, including Sutter Medical Center, Mercy General Hospital, and UC Davis Medical Center, the home offers convenient access to Sacramento's medical centers. Enjoy close proximity to highly regarded schools, McKinley Park, neighborhood restaurants, shopping, and the many amenities of East Sacramento and Midtown. A great opportunity to enjoy the character of an established Sacramento neighborhood in a central location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,115 | 1,541.53 |
| Lot Size | 3,202 | 6,320.667 |
| Price | $560.0K | $503.2K |
| Price per sq ft | $502 | $331 |
| Built year | 1922 | 1975 |
| HOA | $0 | $130 |
| Days on market | 3 | 47 |
Oct 21, 2026
$559,950
Initial Listing
Mar 21, 2012
$260,000
Public Record
Jun 8, 2006
$425,000
Public Record
Mar 2, 2005
$350,000
Public Record
Sep 25, 2001
$169,500
Public Record
Jun 3, 1997
$23,000
Public Record