3140 S Street, Sacramento, CA 95816, Sacramento, 95816 - 3 bed, 2 bath
3140 S Street
Sacramento, CA 95816
Property Price
SUMMARY
Analysis of 3140 S Street, Sacramento, CA 95816 reveals a property with a current list price of $999,900, which is 3% above the estimated $964,301 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Potential / Multi-Generational Living
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.
- Prime Midtown Location
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.
- Extensive Modern Renovations (Front Unit)
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Tenant Occupied (Front Unit)
The 3140 S Street home is currently tenant-occupied, which may affect immediate owner-occupancy plans or require navigating existing lease agreements.
- Undisclosed Total Square Footage
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.
About 3140 S Street
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
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,127 | 1,459 | 30% |
| Lot Size | 3,920 | 3,920 | 50% |
| Price | $999.9K | $695.0K | 78% |
| Price per sq ft | $887 | $507 | 98% |
| Built year | 1940 | 1927 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 171 | 3% |
Pricing History
Listed for Sale
Feb 4, 2026
$999,900
Initial Listing
Sold
Jul 23, 2024
$348,000
Public Record