Rare Midtown opportunitytwo homes on one lot in one of Sacramento's most sought-after neighborhoods! Located at 3140 and 3144 S Street, each residence has its own private entrance and combines modern comfort with exceptional income potential. Ideal for multigenerational living, an owner-occupied investment, or a long-term rental portfolio. Conveniently located near UC Davis Medical Center, Mercy General Hospital, Sutter Medical Center, Midtown dining, coffee shops, shopping, and light rail. The main residence at 3140 S Street is a beautifully remodeled 3-bedroom, 2-bath home that is currently rented with a move in date of 11-1-26, for $3,000 per month, plus 150.00 for utilities. Completed with permits, the extensive renovation includes European-style cabinetry, quartz countertops, stainless steel appliances, indoor laundry, modern bathrooms, and a contemporary floor-to-ceiling fireplace. Additional upgrades include new drywall and texture, plumbing, electrical panel and wiring, flooring, interior paint, exterior stucco, LED lighting, water-conserving fixtures, a high-efficiency HVAC system, and a tankless water heater. Tenant occupied. The second residence at 3144 S Street is a newly constructed 2-bedroom, 2-bath home with a one-car garage, owned solar, EV capability, a separate electric meter, and its own new concrete driveway. The thoughtfully designed interior features upgraded kitchen appliances, quartz countertops, spacious bedrooms and bathrooms, high-efficiency HVAC, and energy- and water-conserving fixtures. Currently rented for $2,500 per month, plus 150.00 for utilities, with a lease through July 2027. This distinctive income-producing property offers two updated residences, strong rental income, and outstanding urban convenienceall in the heart of Midtown Sacramento. Don't miss this unique opportunity!Perfect for 1031 exchange. Tenants in place!