916 U Street, Sacramento, CA 95818, Sacramento, 95818 - 2 bed, 2 bath
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Sacramento, CA 95818
This 1915 Victorian duplex represents a High-Potential Investment Opportunity, listed at $729,000—positioned well above the $684,518 Fair Market Value. While the property lacks immediate equity, it offers significant long-term upside through its Condition Rating of 3 and a basement with existing utility access, ideal for an ADU conversion. Located in a high-demand Midtown rental market, this Residential Income asset provides immediate cash flow. It is a strategic acquisition for Buy-and-Hold Investors or House Hackers seeking to maximize value through future expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 916 U Street Subject | $724,999* List Price | 2 | 2 | 1,488 | $462 | - |
A 1014 Uptown Alley Sold | $770,000 | 3 | 3 | 1,520 | $507 | 0.1 mi |
B 2701 Marty Way Sold | $651,000 | 2 | 2 | 1,674 | $389 | 0.8 mi |
C 2107 3rd Street Sold | $794,000 | 4 | 2 | 1,712 | $464 | 0.5 mi |
D 1409 Victorian Alley Sold | $886,000 | 2 | 4 | 2,001 | $443 | 0.4 mi |
E 1514 19th Street Sold | $730,000 | 0 | 4 | 1,524 | $479 | 0.9 mi |
F 2431 Binnen Lane Active | $699,000 List Price | 3 | 3 | 1,270 | $550 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1915, the property has undergone significant modern renovations. The kitchens are updated with stainless steel appliances and modern cabinetry, and the living spaces feature fresh paint and well-maintained hardwood floors. The addition of modern mini-split HVAC systems indicates updated mechanicals. While the basement is in poor, unfinished condition, the primary living units are move-in ready and functional.
Situated in a high-demand rental market near Southside Park and the State Capitol, this property ensures strong long-term occupancy and proximity to top-tier amenities.
The basement features existing power and water access, offering a rare opportunity to develop a third income-producing unit or ADU to maximize ROI.
Both units are currently rented at market value and feature a blend of preserved 1915 Victorian character and modern updates like stainless steel appliances.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property consists exclusively of 1-bedroom units, which may restrict the tenant pool and limit appeal for families or those requiring more living space.
With a lot size of only 2,614 square feet, there is limited private outdoor space and restricted flexibility for exterior expansion or additional parking.
Own a piece of Sacramento history with built in cash flow and incredible upside potential. This stunning 1915 Victorian duplex in the heart of Midtown Sacramento is the kind of investment opportunity that rarely hits the market. Located at 916-918 U Street, this charming property features two spacious 1 bedroom, 1 bathroom units, both currently rented at market value, creating immediate income from day one. Rich in original character and timeless architectural details, this property blends historic charm with modern updates in one of Sacramento's most desirable neighborhoods. The downstairs unit showcases beautiful Craftsman details including original built ins, decorative pillars separating the living and dining rooms, large sun filled windows, hardwood floors and an updated kitchen with stainless steel appliances. A private staircase leads directly to the backyard, adding convenience and outdoor access. The upstairs unit offers a private landing entry, wood floors, fresh paint that makes the original trim pop, a spacious living room with an alcove perfect for a reading nook, and a generously sized bedroom with walk in closet. The updated kitchen also features stainless steel appliances and natural light throughout. The exterior boasts classic Victorian curb appeal with a steep gabled roofline, covered front porch, raised foundation, and beautifully updated sage green paint with crisp white trim. The real hidden gem is the basement. Previously used as a third unit, the space already has power and water access in place, offering incredible potential for future expansion. Investors may choose to develop the basement into an additional income producing unit, expand usable living space, create storage, or explore other value add opportunities. Located just blocks from Southside Park, Midtown restaurants, famous shaved ice, coffee shops, nightlife, entertainment, and the California State Capitol, this property sits in a prime rental location with strong long term demand. Perfect for investors, house hackers, or buyers looking for a unique historic property with income potential and future upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.5 | 44% |
| Baths | 2.0 | 3.5 | 38% |
| Square foot | 1,488 | 1,865 | 13% |
| Lot Size | 2,614 | 3,230 | 31% |
| Price | $725.0K | $739.9K | 38% |
| Price per sq ft | $487 | $413 | 75% |
| Built year | 1915 | 1928 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 205 | 6% |
May 29, 2026
$724,999
$729,000
-1% Price Drop
Initial Listing
May 19, 2026
$729,000
Initial Listing
Apr 14, 2022
$699,000
Public Record
Sep 20, 2016
$425,000
Public Record
Jan 11, 2002
$170,000
Public Record