Property Details
About this Property
Discover a rare investment opportunity in the heart of Midtown Sacramento. This captivating property features four single-level duplexes, each showcasing charming Tudor styling and incredible curb appeal. Built in 1938, this well-maintained complex offers a mix of one-bedroom, one-bath units, ranging from approximately 666 to 896 square feet. Seven units include an enclosed one-car garage, a highly desirable amenity in this vibrant urban location. Currently generating $12,245 per month in rental income, the property offers immediate cash flow with significant upside potential. Pro forma rents are estimated at $13,200 or more, presenting a compelling value-add opportunity. Enhance the value further through strategic capital improvements and the implementation of a Ratio Utility Billing System (RUBS). Residents will enjoy unparalleled access to the best of Midtown Sacramento. Easy access to a diverse array of restaurants, cafes, and shops, or explore the vibrant cultural scene. The State Capitol, major freeways, and public transportation are all within easy reach. Conveniently located near Safeway and the Sacramento Natural Foods Co-Op, grocery shopping is a breeze.
MLS Listing Information
MLS #
ME225012102
MLS Source
MetroList Services, Inc.
Interior Features
Appliances
Oven - Gas, Oven Range - Gas
Flooring
Vinyl, Wood
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition, Rolled/Hot Mop
Foundation
Raised
Style
Tudor
Parking, School, and Other Information
Garage/Parking
Detached, Garage: 7 Car(s)
HOA Fee
$0
Zoning
R-3A
Contact Information
Listing Agent
Jeremy Higgins
Real Brokerage
License #: 01484794
Phone: (530) 574-3329
Co-Listing Agent
Christopher Majestic
License #: 02031180
Phone: (530) 220-2924
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 880 | 1 | 1/0 | $1,495 | – | – |
| 2 | 896 | 1 | 1/0 | $1,520 | – | – |
| 3 | 666 | 1 | 1/0 | $1,650 | – | – |
| 4 | 666 | 1 | 1/0 | $1,520 | – | – |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2313 T St is a Residential Income in Sacramento, CA 95816. This 7,324 square foot property sits on a 0.29 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,799,000 and was built in –. This address can also be written as 2313 T St, Sacramento, CA 95816.
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This listing information is up-to-date as of February 27, 2025. For the most current information, please contact Jeremy Higgins, (530) 574-3329
