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1123 D Street, Sacramento, CA 95814

$1,000,000
3
BD
4
BA
4,613
SqFt

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List Price
$1,000,000
MLS#
226023198
Status
ACTIVE
Bedrooms
3
Bathrooms
4
Living Sq. Ft
4,613
Square Footage
4613
Type
Single Family Residential
Zip
95814
City
Sacramento

Property Description

Rare Historic Gem in the Heart of Downtown Sacramento - 1860 built Former Schoolhouse Ready for Reimagined Living. Step into a piece of Sacramento's storied past with this exceptional 1860-built former schoolhouse, nestled in the vibrant core of Downtown Sacramento. Offering timeless historical charm with its original character: high ceilings, classic architectural details, and the enduring appeal of mid-19th-century craftsmanship. Featuring three stories and more than 4,600 square feet of interior space on a huge 0.3 acre lot (one of the largest in the area). This large lot provides rare outdoor potential, breathing room amid urban density, and significant development upside. Zoned as flexible C-2 (general commercial), this property is versatile for today's buyers. Envision transforming it into a stunning single-family residence (SFR) with a spacious downstairs accessory dwelling unit (ADU) for multigenerational living, rental income, or guest quarters. Alternatively, capitalize on the three distinct floors and separate entrances to create a tri-plex, ideal for income generation, short-term rentals, or a live/work setup in one of Sacramento's most walkable, amenity-rich neighborhoods. The generously sized lot also presents strong potential for a lot split ,opening doors to further development opportunities: mixed-use projects, additional unit(s) (subject to city approval). Whether you're an investor seeking strong rental potential and development upside, a developer looking for a mixed-use project, or a visionary homeowner wanting a one-of-a-kind downtown residence with history and flexibility, this rare opportunity won't last!

Additional Information

Land Area (Acres)
0.30160000000000003
Year Built
1860
Subtype
Single Family Residence
Subtype Description
Detached
Style
Victorian
Construction
Frame, Wood
Foundation
Raised
Stories
3
Garage
Alley Access
Baths Other
See Remarks
Floor Coverings
Laminate, Tile
Laundry Description
Inside Area
Dining Description
Other
Kitchen Description
Other Counter
Number of Fireplaces
4
Fireplace Description
Other
Misc
Balcony
Cooling
Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)
Heat
Central
Water
Public
Utilities
Public, Electric, Natural Gas Connected
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Florence Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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