Sacramento CA Multi-Family Real Estate, Homes for Sale

Attention all investors!! Rare opportunity to purchase an updated fully occupied duplex in the heart of desirable East Sacramento. The larger unit is 2 bedroom 1.5 baths and rents for $2,400 per month. The smaller 1 bedroom 1 bath unit rents for $1,875 per month.

4451 C Street, Sacramento

Listing courtesy of Grand Realty Group.

$735,000

3,152 SqFt. ⋅ 226091646 MLS

Stylish Duplex in Sacramento - Live in One, Rent the Other! Welcome to 2653 Princeton St, Sacramento where charm, convenience, and opportunity come together in one of Sacramento's most connected neighborhoods. this versatile duplex delivers on every level. unit 1 unit features 3 spacious bedrooms and 2 bathroom, offering comfort and flexibility. The 2 unit both has been fully renovated 3 years ago and shines with modern touches flooring and fresh paint to updated cabinetry and a beautifully remodeled bathroom. The open-concept living space is light, bright, and move-in ready.35x45 shop The property located just 7 minutes from Costco, Cal Expo, and Arden Fair, and only 12 minutes to downtown Sacramento. Whether you're looking to live in one unit and rent out the other.

2653 Princeton Street, Sacramento

Listing courtesy of Better Homes Realty.

$1,200,000

4,150 SqFt. ⋅ 226091195 MLS

Rare opportunity to own a completely updated 2-unit property offering true flexibility and privacy, perfect for those seeking separate living quarters under one roof. Both units have been fully renovated with no expense spared: Unit A features a beautifully remodeled kitchen, renovated bathrooms, and updated flooring. Unit B has just undergone a full renovation including brand-new flooring, a completely remodeled kitchen, and updated bathrooms. The entire exterior has been freshly painted in a modern, updated color palette for outstanding curb appeal. Beyond the cosmetic updates, this property offers real long-term value with a 3-year-old roof and newer HVAC systems serving both units giving buyers added peace of mind on major maintenance items for years to come. Each unit offers its own private entrance, full kitchen, and separate living space. Ideal for those seeking independent living arrangements, or for investors seeking strong rental income from two fully updated units. This 4,150 sq ft duplex sits on a 0.25 acre lot in a convenient Sacramento County location, close to shopping, schools, and freeway access.

4819 Orange Grove Avenue, Sacramento

Listing courtesy of USKO Realty.

$469,500

1,250 SqFt. ⋅ 226091002 MLS

Great opportunity for both investors and owner-occupants, this well-maintained duplex offers strong income potential, recent updates, and a desirable Sacramento location. Features a newer roof, along with updated kitchens, bathrooms, and flooring completed within the past five years. Both units offer the convenience of interior laundry, enhancing tenant appeal. The vacant 2-bedroom unit has a projected market rent of $1,976 per month based on a popular rental search portal, while the long-term tenant in the 1-bedroom unit currently pays $1,505 per month, providing immediate income with additional upside potential. Conveniently located near Aggie Square, UC Davis Medical Center, Shriners Hospital, downtown Sacramento, dining, shopping, and public transportation, this turnkey property offers an exceptional investment opportunity in one of Sacramento's strongest rental markets.

3736 6th Ave, Sacramento

Listing courtesy of RDH Diversified Properties, Inc.

$555,000

226090962 MLS

Welcome to 6330 Cushing Way, a well-maintained duplex in a prime Sacramento location! This income-producing property features a 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, each with central heating and air, its own private two-car garage, and a spacious backyard. Conveniently located near Kaiser Permanente South Sacramento Medical Center, shopping, dining, parks, and major commuter routes, and located within the highly regarded Elk Grove Unified School District, this duplex is an excellent opportunity for investors or owner-occupants seeking strong rental potential in a desirable neighborhood.

6330 Cushing Way, Sacramento

Listing courtesy of Windermere Signature Properties Natomas.

$999,000

2,610 SqFt. ⋅ 226090524 MLS

Excellent investment opportunity in the desirable Central Sacramento/Midtown area. This well-maintained fourplex features four 1-bedroom, 1-bathroom units with long-term tenants who would like to remain, providing stable rental income. Each unit has been updated within the past 10 years with remodeled kitchens featuring newer cabinets, countertops, stove, refrigerator, and flooring, plus updated bathrooms with newer shower-over-tub, vanity, sink, toilet, flooring, and shower doors. Original hardwood floors run throughout the living rooms, bedrooms, and hallways, and all units have dual-pane windows, mirrored closet doors, wall furnaces, and window air conditioners. Additional improvements include a newer electrical panel and a 3-year-old commercial-sized water heater serving all four units. Amenities include a shared coin-operated laundry room and three off-street parking spaces. Conveniently located near Midtown, downtown Sacramento, restaurants, shopping, parks, and public transportation, this is an outstanding opportunity to own a quality income property in a highly desirable location.Home, pest and roof inspections available.

1725 V Street, Sacramento

Listing courtesy of Sathre Real Estate.

$835,000

1,784 SqFt. ⋅ 226090308 MLS

Rare 1986-Built Midtown Duplex Turnkey Investment Producing $5,300 Per Month! Appraisal in April came in at $920,000 market approach and $927,500 income approach. Beautifully updated duplex offering the advantages of newer construction in a central Sacramento location where many comparable properties were built decades earlier. Featuring one townhouse-style 2-bedroom unit and one upper-level 2-bedroom flat, both residences have been updated with shaker cabinetry, solid surface countertops, stainless steel appliances, remodeled bathrooms, luxury vinyl plank flooring, dual-pane windows, fireplaces, private laundry, attached one-car garages, and private fenced outdoor spaces. Current rents of $2,800 and $2,500 per month generate $5,300 monthly ($63,600 annually) with a GRM of approximately 13.34. Additional features include newer HVAC systems.

1805 V Street, Sacramento

Listing courtesy of LPT Realty, Inc.

$1,000,000

226088668 MLS

614 17th Street, a thoughtfully renovated four-unit multifamily investment opportunity ideally situated in the highly desirable Boulevard Park neighborhood of Midtown Sacramentothe region's most established and sought-after rental market. The property consists of four spacious one-bedroom, one-bathroom apartments, each offering approximately 600 rentable square feet. Residents enjoy the convenience of gated off-street parking and on-site laundry facilities, amenities that continue to drive resident demand. Recent improvements include new carpet, fresh interior & exterior paint, new tile flooring in the entryways, kitchens, and bathrooms, energy-efficient lighting, and additional interior upgrades. With one unit currently vacant, investors have an immediate opportunity to increase cash flow by leasing the apartment at current market rents or by utilizing the vacancy for owner occupancy.

614 17th Street, Sacramento

Listing courtesy of Marcus & Millichap Real Estate.

$530,000

2,264 SqFt. ⋅ 226088255 MLS

Excellent investment opportunity to own a well-located triplex on approximately 0.54 acres in Sacramento. The property includes a 1 bedroom, 1 bath unit, a 2 bedroom, 1 bath unit and a 2 bedroom, 1.5 bath unit, offering a versatile opportunity for investors or owner-occupants seeking rental income. The spacious lot provides ample outdoor space and adds to the property's overall appeal. Conveniently located near shopping, dining, schools, parks, public transportation and major commuter routes, this property also offers easy access to downtown Sacramento, UC Davis Medical Center and Highway 50. Whether you're looking to expand your investment portfolio or purchase your first multi-unit property, this triplex offers a desirable combination of location, unit mix and long-term potential.

1933 Los Robles Boulevard, Sacramento

Listing courtesy of LPT Realty, Inc.

$950,000

2,080 SqFt. ⋅ 226083047 MLS

ATTENTION INVESTORS: Here are the numbers - $63,600 annual income which represents a GRM of 15. That is a good enough return for a duplex by itself but this listing comes with an additional 6400 sqft vacant lot! That alone comps at around $200,000 in Tahoe Park. If you were to remove the value of the land, the GRM drops to 11.8! This is a private, gated compound offering incredible versatility, immediate cash flow, and massive future upside. The duplex is situated just a short walk from fabulous local restaurants and the expanding, multi-billion-dollar UC Davis Medical Center campus. You can build your own family compound here. This listing for $950,000 represents the Duplex + Vacant lot. The Duplex has been renovated and is in incredible condition, currently collecting $5,300 per month ($2,650 per unit). Current zoning allows for additional dwelling units making it an ideal opportunity to build and maximize your income-producing potential. Whether you are looking for a high-performing addition to your portfolio, a multi-generational family compound, or a development project to capitalize on Sacramento's increasing housing density, this Tahoe Park property delivers.

5652 Broadway, Sacramento

Listing courtesy of Sac Platinum Realty.

$799,950

1,871 SqFt. ⋅ 226087772 MLS

Welcome to this exceptional Elmhurst property featuring two well-maintained 2-bedroom residences on one lot, offering an excellent opportunity for owner-occupants, multigenerational living, or rental income. The front residence features beautiful hardwood floors, a comfortable living room, and a dining area that opens to the updated kitchen with quartz countertops, stainless steel appliances, a breakfast bar, ample cabinetry, and generous counter space. Two bedrooms, an updated bathroom, indoor laundry, and a private fenced backyard with a spacious patio provide comfortable everyday living. The detached rear residence offers an open living and dining area with a functional floor plan and plenty of natural light. The kitchen features granite countertops, stainless steel appliances, a gas range, ample cabinetry, and a breakfast bar. Two bedrooms are situated away from the main living area for added privacy, and both bathrooms include a tiled tub/shower surround and an updated vanity. The private fenced backyard features a large patio, mature shade trees, and low-maintenance landscaping. A detached one-car garage, covered carport, and additional off-street parking complete the property. Conveniently located near UC Davis Medical Center, parks, restaurants, shopping, Midtown, and downtown Sacramento.

2195 57th Street, Sacramento

Listing courtesy of Coldwell Banker Realty.

$314,900

770 SqFt. ⋅ 226087759 MLS

Excellent investment opportunity with performing tenants already in place. Property features a main residence plus an additional unit, offering strong potential for rental income. The property provides a functional layout and added flexibility for investors seeking a multi-unit setup. Situated on a spacious lot and conveniently located near schools, shopping, and commuter routes, this property is well positioned for long-term rental demand. Ideal for investors looking to expand their portfolio with a property that offers both stability and upside potential.

450 Peralta Avenue, Sacramento

Listing courtesy of LPT Realty, Inc.

$879,900

2,005 SqFt. ⋅ 226083508 MLS

Welcome to 1513-1515 Eggplant Alley, a beautifully designed, all-electric Modern Craftsman single family home residence with an attached ADU in the heart of Sacramento's sought-after Mansion Flats neighborhood. Built in Summer 2023, this property offers a rare opportunity for owner-occupants, investors, and multi-generational households alike. This property consists of a single-family residence with an attached ADU, offering two distinct living spaces under one ownership. The main residence (1515 Eggplant Alley) offers approximately 1,458 sq. ft. across three levels and features 2 bedrooms, 2 bathrooms, a private garage with EV charging capability, and a rooftop terrace showcasing stunning views of downtown Sacramento. The attached ADU (1513 Eggplant Alley) offers approximately 547 sq. ft. with 1 bedroom, 1 bathroom, a private entrance, and its own backyard, making it ideal for rental income, multi-generational living, or guest accommodations. Designed by Hausman Architecture, this energy-efficient property features separately metered electricity, no HOA, and an unbeatable location just minutes from Golden 1 Center, DOCO, the R Street Corridor, Target, Mikuni, Milka Coffee Roasters, and the future MLS Stadium at the Railyards.

1515 Eggplant Alley, Sacramento

Listing courtesy of Garner Real Estate.

$823,000

3,390 SqFt. ⋅ 226086257 MLS

Over the last 2 years, this Quadplex has been cared for with large upgrades including a newer roof, exterior paint and removal of carpet throughout all units. With a large lot and lots of open space around the building, this property now opens the opportunity to build ADUs while collecting rent from the stabilized units. This property is already boasting $77,000 a year in market rent, big cost upgrades are already taken care of, and a future owner can verify the potential to build 1 ADU per existing unit. Fruitridge Terrace is a well established neighborhood for renters due to proximity to jobs, shopping, and connection to freeways. This investment property is set up in a strategic location to maximize cash flow and keep these units consistently occupied. The two downstairs units have fully fenced back yards and the two upstairs units have front facing balconies. All units have central air conditioning and appliances provided.

5644 Odea Drive, Sacramento

Listing courtesy of Windermere Signature Properties LP.

$650,000

2,224 SqFt. ⋅ 226081209 MLS

Presenting 3624 Willow St, Sacramento--an updated 4-plex with tremendous potential. Each unit offers 2 bedrooms and 1 bath, with one unit rented at $1250/month. With 3 units vacant, the possibilities are endless--ideal for an owner-occupant or savvy investor looking to set their own rents. Don't miss this rare opportunity!

3624 Willow, Sacramento

Listing courtesy of Stone Real Estate.

$650,000

2,292 SqFt. ⋅ 226082503 MLS

Introducing 3620 Willow St, Sacramento--an exceptional investment opportunity! This fully leased 4-plex features four 2-bed, 1-bath units, each providing steady cash flow with a gross monthly rental income of $5,085. Don't miss your chance on this investment!

3620 Willow Street, Sacramento

Listing courtesy of Stone Real Estate.

$1,089,999

2,624 SqFt. ⋅ 226085419 MLS

Prime Midtown duplex just steps from Sacramento's vibrant R Street Corridor, Tower 24, Ice Blocks, award-winning restaurants, coffee shops, breweries, and entertainment. This well-maintained property features a spacious 3BD/2BA unit and a 2BD/1BA unit, each with private fenced yards, detached two-car garages, and convenient alley access. Situated on a generous 7,841 sq. ft. lot, the property offers outstanding income potential today with possible future value-add opportunities through ADUs, garage conversion, or additional residential development (subject to City approval). Ideal for investors, owner-occupants, or those seeking long-term upside in one of Sacramento's most sought-after neighborhoods. Buyer to verify all development potential with the City of Sacramento.

1923 21st Street, Sacramento

Listing courtesy of Sutter Properties.

$515,000

2,160 SqFt. ⋅ 226085340 MLS

Excellent investment opportunity in Sacramento! Two-story duplex featuring 2 units with a total building size of approximately 2,160 sq. ft. on a 7,000 sq. ft. lot. Unit 1 offers 2 bedrooms and 1.5 bathrooms and is currently rented at $1,655/month. Unit 2 features 3 bedrooms and 1.5 bathrooms. Convenient location near shopping, public transportation, and easy freeway access. Great opportunity for owner-occupants or investors seeking rental income potential.

7806 68th Avenue, Sacramento

Listing courtesy of eXp Realty of California, Inc..

$1,100,000

2,836 SqFt. ⋅ 226084821 MLS

RARE TURNKEY MULTIFAMILY INVESTMENT WITH EXCEPTIONAL UPSIDE! Rare opportunity to own a fully renovated fourplex offering immediate rental income, low-maintenance ownership, and outstanding future development potential. The property underwent a comprehensive renovation in October 2022, featuring modern finishes, updated systems, and improved functionality that provide today's tenants with comfort and convenience while offering investors a turnkey asset. Each of the four units features 2 bedrooms, 1 bathroom, and its own stackable washer and dryer, providing an amenity that is highly desirable in today's rental market. Tenants pay their own electricity and gas, helping reduce owner operating expenses and improve investment performance. During the 2022 renovation, the owner completed extensive improvements, including a new roof, HVAC systems, plumbing, electrical, windows, stucco, framing, kitchens, bathrooms, and bedrooms. The extensive upgrades make this an attractive, low-maintenance investment with strong long-term rental appeal. Situated on a large lot, this property offers exceptional upside beyond its current income. Potential opportunities may include splitting the lot to construct an additional fourplex or retaining the existing improvements while adding up to three Accessory Dwelling Units (ADUs), creating multiple opportunities to increase future value and cash flow. Buyer to independently verify all zoning, lot split potential, ADU opportunities, permits, development feasibility, and intended uses with the City of Sacramento and all applicable governmental agencies. Whether you are completing a a 1031 Exchange, expanding your multifamily portfolio, or searching for a quality investment with long-term appreciation potential, this property offers a rare combination of modern improvements, immediate income, and future development possibilities. Conveniently located near shopping, restaurants, schools, parks, Downtown Sacramento, Sacramento International Airport, public transportation, and major commuter routes, this property is well positioned in one of Sacramento's strongest rental markets.

431 Harding Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$525,000

1,414 SqFt. ⋅ 226084507 MLS

New Price Adjustment-3031 U Street 2/1 2024 Alhambra 1/1 studio.Rare opportunity to own two homes on one lot in the highly desirable Midtown/Alhambra Triangle area, less than one mile from UC Davis Medical Center. Whether you're an owner-occupant looking to live in one home and offset your mortgage by renting the other, or an investor seeking strong income potential, this unique property offers exceptional flexibility. The front home features approximately 814 sq. ft. with 2 bedroom, 1 bath, a spacious living room, separate dining room, fresh interior paint, and new flooring. The living room offers the potential to serve as a second bedroom with its walk-in closet. The rear home offers approximately 600 sq. ft. with 1 bedroom, 1 bath, and a kitchenette, making it ideal for rental income, extended family, or a home office. Both homes are separately metered and present an excellent value-add opportunity for buyers looking to build equity with light improvements. Commercial zoning opens the door to additional possibilities (buyer to verify permitted uses). Conveniently located near public transit, restaurants, shopping, and major medical facilities, this is a rare investment opportunity in one of Sacramento's most sought-after central neighborhoods.Pictures reflect condition from 2017 and has deferred maintenance

3031 U Street, Sacramento

Listing courtesy of Darren Brown, Broker.

$949,000

2,060 SqFt. ⋅ 226084322 MLS

Modern urban hideaway in Midtown Sacramento! The ultimate walkable location for coffee, groceries, restaurants, nightlife and transit. The architectural design features light and bright open spaces with skyline views framed by floor to ceiling windows, an exposed cinder block wall and great flow. Adaptable floor plan allows for use as a single family home with guest area or duplex setup with two separate entries, kitchens, living, laundry and outdoor entertaining spaces. Secured access with driveway gate leads to a parking spot and an enclosed garage. Must see to appreciate!

2020 Rice Alley, Sacramento

Listing courtesy of Keller Williams Realty.

$440,000

1,410 SqFt. ⋅ 226083025 MLS

Rare opportunity to own a centrally located duplex offering exceptional flexibility for both investors and owner-occupants. This residential income property features two 2-bedroom, 1-bath units totaling approximately 1,410 square feet, with each unit offering 705 square feet of comfortable living space. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property presents an outstanding opportunity. Built in 1949, the duplex showcases timeless ranch-style architecture with classic curb appeal. Each unit features a private yard, attached one-car garage, laundry hookups, and inviting patio and porch areas that create comfortable outdoor living spaces for relaxing or entertaining. Conveniently located near shopping, restaurants, parks, schools, and major commuter routes, the property offers broad appeal to both homeowners and tenants alike. With move-in ready condition, functional layouts, private outdoor space, and excellent income-producing potential, this is a fantastic opportunity to build long-term wealth through real estate.

5227 Gordon Drive, Sacramento

Listing courtesy of Keller Williams Realty.

$724,999

2,026 SqFt. ⋅ 226082910 MLS

Welcome to 409 11th St. where this Eastlake-influenced Folk Victorian duplex has been lovingly maintained, preserved, and is now ready to take on new owners or investors or a bit of both. Period details lovingly preserved on the exterior and modern updates including laundry inside each 2 bed, 1 bath unit provide modern day functionality for living in the present. Offering over 1,000 square feet of living space both upstairs and downstairs. Upstairs unit has recent tenants paying market rents while DOWNSTAIRS IS VACANT! Neighborhood anchors include: the always active and event-filled dynamic DOCO. And for a unique take on a caffeinated break, Milka! 409 11th St... where the past meets the present for your future! This is the time, be a part of it!

409 11th Street, Sacramento

Listing courtesy of GUIDE Real Estate.

$750,000

1,650 SqFt. ⋅ 226072856 MLS

Rare opportunity to own a duplex in the highly desirable Arden Park area! Situated on a spacious corner lot, this property offers excellent investment potential with two separate 2 bedroom, 1 bath units, each featuring its own private backyard with a patio and grassy area. The front yard is generously sized, adding to the property's curb appeal and outdoor space. Each side also features a one car garage with their own laundry space. One unit is currently occupied, providing immediate rental income, while the second unit is vacant and has been fully remodeled with modern updates throughout. Conveniently located near shopping, dining and parks, this duplex presents a fantastic opportunity for investors, first-time buyers looking to house hack, or anyone seeking a valuable income-producing property in a desirable Sacramento location.

1501 Eastern Avenue, Sacramento

Listing courtesy of House Real Estate.

$449,000

720 SqFt. ⋅ 226080973 MLS

Sacramento Property Featuring Two Homes on One Lot (The first home has two bedrooms and one bathroom and 636 square feet, the second home has two bedrooms and one bathroom and 720 square feet)! This property includes two separate residences on a spacious lot. The primary home has been remodeled with a beautifully updated kitchen featuring modern cabinetry, stylish countertops, updated finishes, and newer appliances. Additional upgrades include updated flooring, baseboards, lighting, and a remodeled bathroom with attractive finishes and fixtures. The second home is clean, functional, and well-maintained, providing immediate rental income. Both homes feature laminate and tile flooring, and laundry hookups for added convenience. The kitchens are equipped with a stove, oven, and dishwasher. Step outside to enjoy the fenced yard, detached garage and property featuring ample parking, and spacious lot with plenty of room for outdoor enjoyment, gardening, or entertaining. With the size and layout of the property, buyers may wish to explore the potential for an ADU conversion or other value-add opportunities (buyer to verify). Conveniently located near shopping, dining, schools, and commuter routes, this versatile property presents a rare opportunity for investors.

2299 Beaumont Street, Sacramento

Listing courtesy of Frey And Associates.

$1,195,000

3,008 SqFt. ⋅ 226062109 MLS

Remodeled fourplex which boasts a total of 3,008 square feet of meticulously crafted living space. Unit 1 is currently leased for $1,445, Unit 2 for $1395, Unit 3 for $1,600, and Unit 4 for $1,700. Conveniently situated in the sought-after Oak Park neighborhood, within walking distance to the UC Davis Medical Center. Featuring on-site laundry, this property offers both comfort and convenience.

3448 Y Street, Sacramento

Listing courtesy of Fathom Realty Group, Inc..

$1,124,999

4,025 SqFt. ⋅ 226078726 MLS

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.

530 10th Street, Sacramento

Listing courtesy of KW Sac Metro.

$599,000

1,869 SqFt. ⋅ 226078467 MLS

*OFFER DEADLINE 8/26* 3260 V Street just became an even more compelling investment opportunity. With two units, rental income already in place, an owner's unit delivered vacant at closing, and a spacious backyard with potential for an ADU, there are multiple ways to make this property work for you and now at an even more attractive price! Whether you're looking to expand your portfolio, house hack, or secure a property with long-term appreciation potential, this beautifully updated duplex checks all the boxes. Each spacious unit offers 2 bedrooms and 1 full bath and has been thoughtfully remodeled with today's tenants and homeowners in mind. Modern updates include central HVAC and low-maintenance flooring throughout, while the downstairs unit also features the added convenience of in-unit laundry. The downstairs unit will be delivered vacant at close of escrow, while the upstairs unit is tenant-occupied, providing immediate rental income from day one. Outside, the expansive backyard offers endless possibilities to create your dream outdoor retreat. With its generous footprint and low-maintenance landscaping, there's ample room to entertain, garden, add a play area, or explore the potential for an ADU (buyer to verify with the City of Sacramento), creating the opportunity for a third income-producing unit and increased cash flow. Perfectly situated in highly sought-after North Oak Park, you're just minutes from Midtown, Downtown Sacramento, and the UC Davis Medical Centerone of the region's largest employment centers. The area's continued revitalization and strong demand from medical professionals, staff, students, and young professionals make this an ideal location for stable occupancy and strong rental demand. Whether you're looking to live in one unit while offsetting your mortgage with rental income, or add a turnkey asset to your portfolio, this property delivers immediate income today with outstanding upside for tomorrow.

3260 V Street, Sacramento

Listing courtesy of LPT Realty, Inc.

$1,350,000

3,694 SqFt. ⋅ 226076957 MLS

Located in the heart of Sacramento's highly desirable Midtown urban core, this mixed-use investment property presents a rare opportunity to acquire a high-quality, low-maintenance asset in one of the region's strongest rental markets. Built in 2014, the property offers investors the advantages of newer construction, reduced near-term capital expenditure risk, and strong tenant appeal compared to the surrounding aging housing stock. The three-story building consists of a ground-floor commercial space and two spacious residential units above, each approximately 1,150 square feet with 2 bedrooms, 1 bathroom, and large private balconies. The residential units feature open-concept floor plans, central HVAC, granite countertops, stainless steel appliances, and premium finishes designed to attract and retain quality tenants. This property's construction date positions it favorably relative to California's rent control regulations, providing investors with greater operational flexibility than many older multifamily assets. Its modern infrastructure, including zonal fire sprinklers, surplus insulation, dual-pane windows, and fire-resistant siding, contribute to energy efficiency, lower maintenance demands and long-term ownership confidence. With its modern construction, favorable regulatory positioning, mixed-use income potential, limited near-term capital expenditure risk, possible return to office for state employees and prime Midtown location, this is an exceptional acquisition for your investment portfolio.

1306 19th Street, Sacramento

Listing courtesy of Coldwell Banker Realty.

$1,599,000

4,630 SqFt. ⋅ 226074712 MLS

NEW PRICE - $1,599,000 Historic Midtown Craftsman Fourplex + Flex Space $121,740 Annualized Scheduled Income A rare opportunity to acquire a stabilized multifamily property in the heart of Midtown Sacramento offering a compelling combination of income, historic character and flexibility. This 4,630 SF Craftsman fourplex generates $121,740 in annualized scheduled income, including garage income, with tenants paying their own gas and electric. At the new price, the property offers an approx. 4.9% cap rate based on normalized operating expenses. Originally built in 1900, 815 17th Street showcases the craftsmanship that makes Midtown properties so difficult to replicate, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors and extensive period millwork. The property consists of four income-producing residential units plus two income-producing garages, providing valuable off-street parking in the heart of Midtown. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area and living area. While not represented as a legal rental unit, the space provides exceptional flexibility for owner use, guests, home office, studio, fitness area, storage or other personal uses. The property has benefited from numerous improvements and ongoing maintenance, highlighted by the installation of a 50-year roof in 2022. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center and the R Street Corridor, with Midtown's restaurants, coffee shops, parks, nightlife and arts scene nearby. Now offered at $1,599,000, 815 17th Street presents a unique opportunity for investors, 1031 exchange buyers and owner-users seeking stabilized income, substantial square footage and irreplaceable historic character in one of Sacramento's most desirable urban neighborhoods.

815 17th Street, Sacramento

Listing courtesy of eXp Realty of California, Inc..

$664,900

1,780 SqFt. ⋅ 226072148 MLS

Don't miss out on this move-in-ready 1895 Victorian duplex in Mansion Flats, one of the central city's fastest-changing corners. Both units are updated and turnkey, with change happening all around them. Inside, recent updates include ductless mini-split heating and cooling in both units (2024), new luxury vinyl plank upstairs and new flooring downstairs, fresh paint throughout, and meticulously maintained wood windows that preserve the best parts of the Victorian while remaining functional. Each unit lives like its own home with 2 bedrooms, 1 bath, an updated kitchen with stainless appliances, a remodeled bath, in-unit laundry, and separate gas and electric meters plus a low-maintenance paver patio out back. Just a couple of blocks away are two of Sacramento's largest projected redevelopment sites: the Sacramento Railyards ($1 billion Kaiser Permanente medical campus, a planned Republic FC stadium, housing, and retail) and 35 acres of the former Blue Diamond campus with the potential for a mixed-use plan. You're steps away from coffee, restaurants, parks, and Downtown Sacramento.

325 15th Street, Sacramento

Listing courtesy of Grounded R.E..

$500,000

628 SqFt. ⋅ 226069019 MLS

Three unit property with tremendous income potential. Property has issues with the city Code enforcement. Property is listed for sale in As is condition. Seller will not be responsible for repairs. Property is located close to public transportation and shopping centers. No HOA.

1643 Kathleen Avenue, Sacramento

Listing courtesy of Global Realty & Investment.

$490,000

1,636 SqFt. ⋅ 226067892 MLS

Each unit features 2 bedrooms and 1 bathroom with a comfortable, functional floor plan designed for everyday living. The vacant unit has been thoughtfully updated with fresh paint, newer flooring, and refreshed kitchen and bathroom finishes, creating a clean and inviting space ready for immediate occupancy. The adjacent unit is tenant-occupied, offering instant rental income from day one. Whether you're looking to owner-occupy while offsetting your mortgage with rental income, expand your investment portfolio, or secure a dependable income-producing property, this duplex offers flexibility and long-term potential. Conveniently located near shopping, dining, schools, and major commuter routes, this is an excellent opportunity for both investors and owner-occupants alike. A smart investment with endless possibilities!

8010 Loucreta Drive, Sacramento

Listing courtesy of Family Realty Group.

$419,999

1,152 SqFt. ⋅ 226067409 MLS

Remodeled and Rent Ready! You can reap the benefit of the investment already made by the previous owners and purchase this duplex just south of the UC Davis bio tech campus. These units are the perfect size to optimize cashflow from your investment or to live in one while renting the other. The interior has been given a modern designer makeover with white quartz counters, farmhouse sink, new craftsman style cabinets and dark mahogany like floors, shining stainless steel appliances and lots of light filled open space. Each unit has its own detached garage and enclosed back yard with a long driveway. Plenty of room in the back yard to put in a garden or let the dogs run. This is a great deal for a new or seasoned investor.

5114 Gordon Drive, Sacramento

Listing courtesy of eXp Realty of California Inc.

$1,295,000

3,456 SqFt. ⋅ 226064776 MLS

An exceptional, high-yield addition to your investment portfolio! Situated in the highly desirable Boulevard Park/Mansion Flats area of Midtown Sacramento, this turnkey fourplex offers a rare blend of historic charm, modern updates, and strong, immediate cash flow. Generating an impressive $7,680 per month in gross rental income, this stabilized asset is perfect for savvy investors or an owner-occupant looking to house-hack in one of the city's most rental-resilient neighborhoods. The property has been thoughtfully maintained and updated to command premium rents. Each of the four spacious units features a highly rentable layout with modern finishes, independent washers and dryers, and fully equipped kitchens with gas ranges and dishwashers. To top it off, tenants enjoy the ultimate Midtown luxury: private outdoor decks and designated off-street, uncovered parking located securely at the back of the building. Walkable and bikeable to the grid's finest dining, local coffee shops, and entertainment hubs. This property has been meticulously maintained, dramatically lowering future capital expenditure liabilities for its next owner. Over $39,000 has been reinvested across structural, cosmetic, mechanical, and safety upgrades. Midtown fourplexes of this caliber rarely hit the market fully stabilized with this level of strong cash flow. Don't miss the chance to acquire a premium piece of the Sacramento grid.

2018 G Street, Sacramento

Listing courtesy of Metro Financial Services Inc.

$1,095,000

3,361 SqFt. ⋅ 226064328 MLS

Located in the highly desirable South Land Park neighborhood, this well-maintained duplex sitting on a large corner lot presents a rare opportunity for both investors and owner-occupants alike. Live in one unit and rent out the other while offsetting your mortgage, or lease up both units and appreciate a stable rental asset in a highly desirable neighborhood. This duplex at 1449 Claremont & 4730 Monterey Way offers two spacious 2-bedroom units designed with comfort and functionality in mind. Both residences feature abundant natural light, high ceilings, in-unit laundry, private backyard, dedicated garages, and flexible den/office space ideal for remote work or additional living needs. 4730 Monterey Way is currently vacant and immediately available for an owner to occupy or re lease at a suggested market rent of $3,000 per month. This unit consists of 2 bedrooms, 1 full bathroom with shower and jetted tub, 2 half bathrooms, open living room & kitchen, den, and a private backyard with carport and detached garage. 1449 Claremont Way is a 2 bedroom, 2.5 bathroom unit currently leased at $2,600 per month which also features its own private garage, backyard, additional laundry room, and a thoughtfully designed living space with ample storage. With separate amenities for each unit, strong rental appeal, and a prime South Land Park location near William Land Park, neighborhood Sprouts shopping center, local dining, and convenient downtown Sacramento access, this is an exceptional opportunity to acquire a versatile income-producing property in one of Sacramento's most established neighborhoods.

1449 Claremont Way, Sacramento

Listing courtesy of Ken Turton, Broker.

$999,500

1,704 SqFt. ⋅ 226063443 MLS

NEW CONSTRUCTION. WILL BE FOUR HOMES ON ONE EXPANSIVE LOT WHEN FINISHED. Front home features 4 bedrooms with 2 1/2 baths and a thoughtfully designed, open spacious floor plan. With all new stainless steel appliances, new luxury vinyl flooring, custom shaker style cabinets, elegant counter tops, new paint in and out, this quality built home is your invitation to value and practicality. Second home is all new 3 bedrooms and 2 baths and two car garage. Both homes have inside laundry rooms. Two new homes are being built and will have 2 bedrooms and 1 bath. and another with 1 bedroom, 1 bath. Live in one and rent the others. If bought has an investment, pro forma cap is 6.0!

3530 26th Avenue, Sacramento

Listing courtesy of Phuong Nguyen Real Estate.

$639,995

1,882 SqFt. ⋅ 226059774 MLS

Great opportunity and location! This charming 4-bedroom, 2-bathroom duplex offers 1,882 sp ft of living space on large corner lot. Each unit has 2 spacious bedrooms and 1 full bathroom. Both units feature a central heating and air with fireplace, fenced yard and original wood floors. The property is located in the desirable Binet Woods subdivision, close to schools and amenities.

3701 Jo Ann Drive, Sacramento

Listing courtesy of Real Life Real Estate.

$450,000

1,747 SqFt. ⋅ 226058759 MLS

Beautifully located duplex offering strong investment potential in a high‑demand rental corridor. The property features two legally permitted units: one 2‑bedroom/1‑bath unit and one 1‑bedroom/1‑bath unit, both providing steady rental appeal and convenient layouts for long‑term occupancy. In addition to the permitted units, the property includes a converted garage area that has been previously used as an unpermitted third living space. This area is not recognized as a legal dwelling unit and is not included in the bedroom/bathroom count or reported square footage. Buyers are advised to verify all potential uses with the appropriate city and county agencies. The property is centrally situated adjacent to Christian Brothers High School, offering excellent proximity to shopping, dining, and major transportation routes. With opportunities for cosmetic improvements and income optimization, this duplex presents a compelling option for investors seeking both stability and future upside.

3878 17th Avenue, Sacramento

Listing courtesy of Real Estate Source Inc.

$705,000

2,174 SqFt. ⋅ 226058350 MLS

Step beneath the dappled light of old sycamores and into a piece of Sacramento's architectural history. This stately 1920's brick duplex features two updated residences. Unit 1 was updated previous to current tenant. From the street, arched porches welcome you like a vintage postcard-each entrance offering privacy, and personality. Inside, original hardwood floors glow with age and grace, leading to living rooms framed by classic coved ceilings and stunning brick fireplaces. New designer lighting in unit 1 casts a soft glow. The kitchen in unit 1 has newer crisp white cabinetry, sleek black granite counters, stainless steel appliances, and period-style bead board ceilings. Archways lead to cozy dining areas and hallways lined with statement fixtures-industrial black sconces and warm, minimal pendants that echo the home's craftsman roots. The dining rooms feature original craftsman built in cabinets. Updated bathrooms features charming black-and-white tile floors and pedestal sinks. Thoughtful upgrades blend seamlessly with the original layout and design. Out back, unit 1 enjoys a large private fenced yard while unit 2 has a small, private yard. The basement for unit 1 is partially finished. Could be an office or master suite.

3851 3rd Avenue, Sacramento

Listing courtesy of Roselle Weatherford Real Estate.

$425,000

2,024 SqFt. ⋅ 226056981 MLS

This former model duplex, unique in its own right, is now available for new ownership. Situated on a desirable corner lot, the property features vaulted ceilings, convenient first floor living, and an open concept kitchen that overlooks the living room with views of a spacious backyard. The reverse unit offers an excellent opportunity for rental income or multigenerational living, making this property both versatile and inviting.

89 Olmstead, Sacramento

Listing courtesy of HomeSmart ICARE Realty.

$545,000

1,800 SqFt. ⋅ 226056204 MLS

Huge Price Reduction! Motivated Seller! Exceptional Investment Opportunity! Take advantage of this outstanding opportunity to own a fully occupied, income-producing duplex in the desirable Parkway Estates neighborhood of Sacramento. With reliable rental income already in place, this property is an excellent addition to any investment portfolio. Each well-maintained unit offers 2 bedrooms, 1 full bathroom, approximately 900 square feet of living space, a cozy brick fireplace, and a private single-car garage. The property also features a gated backyard for added privacy and security, plus convenient off-street parking. Ideally located near shopping, restaurants, coffee shops, schools, parks, and major commuter routes, this desirable location continues to attract quality tenants and supports long-term rental demand. Recent updates have already been completed, and pride of ownership is evident throughout. Whether you're expanding your investment portfolio or purchasing your first income property, this turnkey duplex offers immediate cash flow with excellent long-term appreciation potential. Huge Price ReductionMotivated Seller! Don't miss this exceptional opportunity to own a well-maintained, income-producing property in one of Sacramento's established rental markets. Interior photos are of unit 4615 were taken prior to rental occupancy.

4617 A Parkway, Sacramento

Listing courtesy of California Gold Rush Real Est..

$695,000

1,090 SqFt. ⋅ 226055618 MLS

Exceptional Turnkey Income Property $5,000/Month Fully Leased New Construction ADU Rare opportunity to acquire a fully stabilized, income-producing property generating approximately $5,000 per month ($60,000 annually) with strong in-place tenants and immediate cash flow from day one. The property consists of a 3 bedroom / 2 full bathroom main residence, a detached 1 bedroom / 1 full bathroom ADU, and a separately rented garage, creating three distinct income streams on one parcel. All units are currently leased, providing consistent, reliable income with no vacancy exposure. This property has undergone extensive upgrades, including: -Brand new construction ADU (1 bed / 1 bath). -Fully remodeled main house with updated kitchen and bathrooms. -New roof, HVAC system, and water heater. -Fresh interior and exterior improvements. -Separate garage rental adding additional income stream. From an investment standpoint, this is a true turnkey assetno deferred maintenance, no repositioning needed, and no capital improvements required. Simply acquire and collect income. Ideal for investors seeking a low-maintenance park your money'' opportunity, particularly those completing a 1031 exchange and looking for a clean, stable replacement property with immediate returns. Properties offering this combination of new construction, renovated primary residence, multiple income streams, and full occupancy are increasingly difficult to find in today's market. Fully leased. Fully upgraded. Fully performing.

3926 Ivy Street, Sacramento

Listing courtesy of RE/MAX Gold.

$1,250,000

3,684 SqFt. ⋅ 226054893 MLS

Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5372 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,350,000

3,900 SqFt. ⋅ 226054886 MLS

Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5364 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$729,000

2,350 SqFt. ⋅ 226053010 MLS

New multi-family construction like this is hard to come by,especially duplexes with higher-end finishes designed to command stronger rents. This particular opportunity is one of four duplexes to be built on a private lane, adding a sense of exclusivity and making it well worth a closer look. Estimated for completion in December 2026, the property features two well-designed units. The main home offers approximately 1,350 square feet with 3 bedrooms, 2.5 bathrooms, and a 2-car garage. The second unit includes about 992 square feet with 2 bedrooms, 2.5 bathrooms, and a 1-car garage. Both units are thoughtfully laid out with all bedrooms upstairs, two full bathrooms on the upper level, and a convenient powder room downstairs. Each residence also includes a private yard and indoor laundry, enhancing comfort and rental appeal.

2764 Oakmont, Sacramento

Listing courtesy of Scott L. Williams Real Estate.

$1,150,000

3,037 SqFt. ⋅ 226051729 MLS

Remodeled, stylish, fully leased Victorian triplex tucked into a special corner of midtown Sacramento's tree-lined urban setting. The entire top floor is an expansive, remodeled, 1,500 square foot, 3 bed, 1.5 bath flat with wood floors and historic finishes, bathed in natural light filtered through surrounding trees. Includes sun room and back balcony. Ground level consists of two remodeled units, each 2 bedrooms, 1 bath and surrounded by plenty of outdoor space. Midtown's social, restaurant, entertainment, art and business world is all in easy walking or biking distance. Three parks nearby. Shopping and public transit at hand. Interstate Freeways less than 10 min away. Sac Metro Airport about 15 min. Property and area always in high demand. New Elec panel to be installed on 4/27/26.

215 25th Street, Sacramento

Listing courtesy of RE/MAX Gold Midtown.

$880,000

3,612 SqFt. ⋅ 226047418 MLS

Golden investment, an opportunity to build your portfolio with this fourplex (quadruplex) in a well established community of Cypress Meadow and located in the heart of town which seldom comes on the market. Each unit is 2 bedroom,1 bath are occupied with reliable tenants providing immediate stable cash flow income. The property is well maintained. Come and take advantage of this opportunity of the desirable investment.

2941 Norcade Circle, Sacramento

Listing courtesy of Windermere Signature Properties Fair Oaks.

$489,000

1,650 SqFt. ⋅ 226034420 MLS

Incredible investment opportunity! This well kept and fully rented duplex offers 2 bedrooms, 1 full bath on each side. Features include a large corner lot with onsite parking with garages. Conveniently located within walking distance to schools, shopping and minutes to Highway 99. Perfect investment with growth potential!

7363 29th Street, Sacramento

Listing courtesy of S & S Realty.

$1,679,000

4,301 SqFt. ⋅ 226051114 MLS

Unique Historic triplex; The largest individual living quarters you'll see in a historic multi-family property. Buildable, subdivided back parcel included. Outstanding Midtown location in prime Boulevard Park quarter, on alley-deep lot. Over 4300 square-feet of updated living space with high ceilings, wood floors, historic finishes and great natural light. Onsite parking for up to 4 cars. Entire upstairs is one large flat, approx 2200 square-ft. Triplex to be sold, together, with 2220 Government Aly (parcel 003-0184-025-0000). Front and back parcels together are 160' deep, curb to alley. Added value is projected for an owner who wants to build on the subdivided back parcel, either upscale town-homes or Carriage House with 3-4 car garage at ground level and large living quarters on 2nd and 3rd floors. The subdivided back parcel can be sold separately, either developed or undeveloped. Consult your Architect or City Planning for options. New Roof and new Electric panel in 2024. Updated electrical & plumbing. New, recently installed water heaters. Full-footprint basement is walkable, has approximately 6'6 ceilings with potential for added income or storage.

2219 H Street, Sacramento

Listing courtesy of RE/MAX Gold Midtown.

Browse All Sacramento CA Multi-Family Properties for Sale

Sacramento Multi-Family Real Estate