
Sacramento, CA 95814
This Colonial Revival triplex represents a High-Potential Investment Opportunity, listed at $1,195,000—positioned slightly above the $1,159,008 Fair Market Value. While the property requires cosmetic updates given its Condition Rating of 4, the historic Alkali Flat location and triplex configuration offer significant rental income potential. The property features a unique layout with three distinct units, including a grand main residence. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a historic, income-generating property in downtown Sacramento.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 10th Street Subject | $1,124,999* List Price | 5 | 5 | 4,025 | $280 | - |
A 425 14th Street Sold | $835,000 | 5 | 4 | 2,422 | $345 | 0.4 mi |
B 620 14th Street Active | $1,280,000 List Price | 4 | 4 | 3,860 | $332 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is functional and habitable but shows clear signs of aging. The kitchens feature dated oak cabinetry, laminate countertops, and older white appliances consistent with a 15-30 year old renovation cycle. Flooring throughout varies from newer laminate to dated, worn carpeting and vinyl that would benefit from modern updates.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Historic character meets multifamily versatility in this Colonial Revival triplex located in Sacramento's historic Alkali Flat neighborhood. Listed on the historic registry, this distinctive property features three separate units, each with its own private entrance, offering flexibility for an owner-occupant, multigenerational living, or investment use. The property also benefits from Mills Act participation, which may provide reduced property taxes for qualifying ownership, adding another potential advantage for the next owner.Unit A offers 2 bedrooms and 1 bathroom with laminate flooring, an open living and dining area, abundant natural light, generous kitchen storage, and laundry. The main residence, Unit B, showcases the architectural character of a turn-of-the-century Colonial Revival home, beginning with a welcoming front porch and continuing inside with a grand staircase, inlaid wood floors, high coved ceilings, and period fixtures. This spacious 3-bedroom, 3-bathroom unit combines historic details with a functional living arrangement.Unit C is a bright top-floor studio filled with natural light, providing additional flexibility for rental income, guests, a home office, or other uses. Together, the three units create a versatile property with multiple possibilities for living and income.Located near downtown Sacramento, this property is close to dining, entertainment, shopping, parks, public transportation, and major commuter routes. With its historic architecture, three-unit configuration, and potential Mills Act tax benefits, 530 10th Street offers an opportunity to own a distinctive piece of Sacramento history with versatile use and long-term potential.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.2 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.6 |
| Baths | 5.0 | 3.6 |
| Square foot | 4,025 | 1,911.465 |
| Lot Size | 3,485 | 6,677.419 |
| Price | $1.12M | $673.8K |
| Price per sq ft | $280 | $336 |
| Built year | 1986 | 1956 |
| HOA | $0 | $304 |
| Days on market | 82 | 55 |
Aug 26, 2026
$1,124,999
$1,195,000
-6% Price Drop
Initial Listing
Jun 19, 2026
$1,195,000
Initial Listing
Sep 9, 2016
$780,000
Public Record
Oct 5, 2004
$789,000
Public Record