3140 S Street, Sacramento, CA 95816, Sacramento, 95816 - 3 bed, 2 bath
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Sacramento, CA 95816
This Premium Dual-Residence Property offers a rare turnkey opportunity in Midtown Sacramento, listed at $999,900 with a $952,283 Fair Market Value. Holding an Excellent Condition Rating, the property features a permitted 3-bedroom remodel and a newly constructed 2-bedroom rear unit featuring owned solar and EV capability. High-end finishes including quartz counters and European cabinetry define both residences. Located near UC Davis Medical Center, this versatile configuration is ideal for Multi-generational Families or Owner-Occupants seeking a high-quality residence with significant rental income potential.
Property is new construction or fully renovated.
This property consists of two homes, both in excellent condition. The front unit (3140 S Street), though originally built in 1940, has been recently and extensively remodeled with permits, featuring new European cabinets, quartz counters, stainless steel appliances, modern bathrooms, new flooring, updated plumbing, electrical, HVAC, and a tankless water heater. The rear unit (3144 S Street) is newly constructed, boasting owned solar, EV capability, upgraded kitchen appliances, quartz counters, and high-efficiency HVAC. Both kitchens and bathrooms showcase modern styles and high-quality finishes, with all major systems and aesthetic components being new or virtually new, meeting current quality standards.
This rare opportunity features two distinct homes on one lot, offering versatile options for rental income, multi-generational living, or owner-occupancy with supplementary income.
Situated in one of Sacramento's most sought-after neighborhoods, the property boasts excellent proximity to UC Davis Med Center, Mercy General, Sutter Medical Hospitals, vibrant dining, coffee shops, and light rail access.
The 3140 S Street home has undergone a recent, permitted remodel, featuring new European cabinets, quartz counters, stainless steel appliances, modern bathrooms, updated plumbing, electrical, HVAC, and a tankless water heater.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 3140 S Street home is currently tenant-occupied, which may affect immediate owner-occupancy plans or require navigating existing lease agreements.
The listing only specifies the square footage for one unit (1127 sqft), making it difficult for prospective buyers to fully assess the total living space and overall value of both residences combined.
Rare Midtown opportunity! TWO HOMES on one lot in one of Sacramento's most sought-after neighborhoods. Each residence offers its own private entry,separate entries and classic Midtown character. Perfect for multi-generational living, owner-occupy +rental income, or long-term investment. Ideally located near UC Davis Med Center,Mercy General and Sutter Medical Hospitals. Midtown dining, coffee shops, and light rail. 3140 S Street Home is a 3 bedroom/ 2 bath recently remodeled with permits. New European cabinets, New Quartz counters and stainless steel appliances, Indoor laundry area, New modern Bathrooms, Contemporary Floor to ceiling fireplace, New texture and sheetrock, New plumbing, New Electric panel and wiring, New flooring, New Interior Paint, New stucco, LED and water conserving fixtures along with Higher efficiency NEW HVAC and tankless water heater. Tenant Occupied. 3144 S Street is 2 Bed/ 2 Bath, 1 Car garage, Newly constructed home with owned solar and EV capable, Features include Upgraded Kitchen appliances,quartz counters,high efficiency HVAC, Sep. electric meter,energy efficient and water conserving fixtures,spacious bedrooms/bathrooms, Sep. New concrete driveway to garage. A versatile property combining urban convenience. Don't miss this unique Midtown gem
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,127 | 1,449 | 29% |
| Lot Size | 3,920 | 3,690 | 54% |
| Price | $999.9K | $720.0K | 89% |
| Price per sq ft | $887 | $492 | 97% |
| Built year | 1940 | 1928 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 169 | 20% |
Feb 4, 2026
$999,900
Initial Listing
Jul 23, 2024
$348,000
Public Record