Browse All Sacramento CA Multi-Family Properties for Sale

Major Price Improvement Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats neighborhood. Now fully occupied and generating $4,470 per month / $53,640 annually in gross rental income, this value-add opportunity is ideal for investors, contractors, or 1031 exchange buyers looking for immediate income with future upside. Current rents are Unit A: $1,425/month, Unit B: $1,050/month, and Unit C: $1,995/month. Original built-ins, high ceilings and vintage architectural details provide the foundation for a thoughtful restoration, while future improvements offer an opportunity to enhance the property's long-term value. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants and entertainment, this property offers a compelling combination of location, character and income potential. Whether you're looking to renovate, reposition or hold as a long-term investment, this fully occupied triplex presents a unique opportunity in Sacramento's central city.

1505 E Street, Sacramento

Listing courtesy of Windermere Signature Properties Downtown.

$390,000

1,820 SqFt. ⋅ 226045597 MLS

This is a great investment property located at 694-698 Eleanor Ave. At 1,820 sq ft., this duplex has 2 bedrooms and 1 bath 910sf with laundry room/hookups on each side. The property has seen several updates over the last three years. Unit 694 includes kitchen cabinets, laminate flooring in the bedrooms, and a refrigerator. Additionally, a water heater has been installed, complete with a permit and inspection. Unit 698 includes carpet in the bedrooms. Current rents are below market potential for upside!

698 Eleanor Avenue, Sacramento

Listing courtesy of GUIDE Real Estate.

$377,000

776 SqFt. ⋅ 226045539 MLS

Unique opportunity to own two homes on one lot. 5130 Mascot Ave is 1 bed 1 bath with fenced front and backyard. 3871 26th Ave is 2 bedroom 1 bath with carport and detached storage building. Great for investor or owner occupied with rental income.

5130 Mascot Avenue, Sacramento

Listing courtesy of Advance Real Estate Management.

$625,000

2,124 SqFt. ⋅ 226043047 MLS

Well-maintained, move-in ready duplex on a desirable corner lot in Bandaccari Terrace, featuring two spacious 2 bed / 2 bath units. Both units boast open, functional floor plans with expansive great rooms, cozy fireplaces, and seamless flow into the kitchen and dining areas. Sliding glass doors lead to large, private, fully fenced backyards, providing plenty of space for outdoor entertaining, relaxation, or potential upgradesan uncommon feature that truly sets this property apart. Each unit includes a generously sized primary suite with a full bath, along with a second bedroom serviced by a full hall bath. Interiors have been thoughtfully updated with newer luxury vinyl plank flooring in main living areas, newer carpet in bedrooms, and durable flooring in bathrooms. Comfort-focused features include central heating & air, LED lighting, and new attic insulation for improved energy efficiency. Each unit also enjoys access to an oversized two-car garage (~462 sq ft) with direct interior entry and laundry hookups. Ideally located near Rutter Park, within the highly regarded Elk Grove Unified School District, and just minutes from Florin Towne Centre, Costco, Kaiser Permanente South Sacramento Medical Center, and Cosumnes River Collegethis property offers exceptional convenience in a high-demand rental area. Excellent investment opportunity with strong, consistent rental income.

7496 Bruno Way, Sacramento

Listing courtesy of White House Real Estate.

$740,000

2,041 SqFt. ⋅ 226041517 MLS

Curtis Park duplex features two spacious units, each with 2 bedrooms, 1 bath, bonus rooms, updated kitchens with granite countertops & dishwashers, dual pane windows, for energy efficiency. Upstairs unit has CH&A, downstairs unit has newer mini-splits. Drought tolerant landscaping and walking distance to Curtis Park, the farmer's market, restaurants, cafes, & McGeorge School of Law. Great tenants!

3043 Marshall Way, Sacramento

Listing courtesy of Compass.

$311,000

226039873 MLS

This fixer is ready for your finishing touches. Seller has completed the legalization of the duplex.

308 Anderson, Sacramento

Listing courtesy of Slatecreek Realty.

$1,250,000

1,650 SqFt. ⋅ 226038165 MLS

Welcome to Mansion Flats, a rare opportunity to own a classic 1890 Victorian duplex in the heart of Downtown Sacramento. This 1,700 sq ft front duplex blends historic charm with modern updates, including updated plumbing and electrical, fresh interior and exterior paint, and newly built, permitted wood stairs brought up to code. The downstairs unit has been fully renovated with new flooring, paint, and appliances, while the upstairs unit is occupied by great tenants, providing immediate income. In addition, a newly completed 930 sq ft ADU (March 2026) adds two more units, each offering 1 bedroom and 1 bathroom, significantly increasing the property's income potential. Located just minutes from the Capitol, DOCO, top restaurants, parks, and entertainment, this property offers strong cash flow potential and an unbeatable urban lifestyle. Ideal for investors or owner-occupants looking to offset their mortgage with multiple income streams. Unit 1,226 $2195 per month and the upstairs $1417 will increase to $1525 on June 1st. Downstairs ADU $1850 per month and upstairs is vacant.

1226 E Street, Sacramento

Listing courtesy of eXp Realty of California Inc..

$795,000

226036927 MLS

Welcome to the Heart of Midtown Sacramento Discover timeless elegance and unbeatable location with this Prime Midtown Victorian, a rare gem offering both historic charm and exceptional investment opportunity. Situated just blocks from the State Capitol, this centrally located property boasts unparalleled walkability and bike access to Sacramento's finest restaurants, boutiques, and entertainment venues. Midtown is celebrated for its vibrant culture, tree lined streets, and rich architectural heritage making it one of the city's most sought-after neighborhoods. With classic character this property has been owned and maintained by the same owners for over 40 years, this Victorian home retains its original charm with features such as: Gleaming hardwood floors, built-in cabinetry, authentic pocket doors and intricate woodwork throughout. Recent upgrades include a newer roof and fresh exterior paint, ensuring both beauty and durability. Endless Possibilities Whether you're dreaming of restoring a historic residence, generating rental income, this property offers versatile potential and strong long-term value. Its proximity to public transit, major employment hubs, and top-tier amenities makes it a prime candidate for consistent appreciation and reliable returns.

1212 23rd, Sacramento

Listing courtesy of Amy M. Pickart, Broker.

$695,000

2,298 SqFt. ⋅ 226036913 MLS

Welcome to the heart of Midtown Sacramento! Prime Midtown Victorian Historic Charm & Investment opportunity. This centrally located property offers unbeatable walkability and bike access to the city's top restaurants, shops, and entertainment. Just blocks from the State Capitol, this location is ideal for anyone seeking vibrant urban living. Owned and maintained by the same owners for over 40 years, this classic Victorian retains its original character throughout, featuring: crown molding, hardwood floors, built-in cabinetry, authentic pocket doors and detailed craftsman woodwork. Whether you're looking to restore a historic home or generate rental income, this property offers strong long-term value in one of Sacramento's most desirable and high-demand neighborhoods. Midtown is one of Sacramento's most unique neighborhoods, known for its vibrant culture and historic architecture, The property's location places it within easy reach of public transit, major employment centers, and the city's best amenities making it a prime candidate for long-term appreciation and consistent rental income.

1214 23rd Street, Sacramento

Listing courtesy of Amy M. Pickart, Broker.

$835,000

3,612 SqFt. ⋅ 226033298 MLS

Turnkey Northrop Estates 4-Plex Remodeled, New Roof, Stabilized Income 785 Carro Drive, Sacramento CA 95825 Exceptional investment opportunity in Sacramento's desirable Northrop Estates neighborhood. This well-maintained McCuen-style fourplex sits on a quiet street and offers an ideal mix of unit types two 2BD/1BA townhomes, one 1BD/1BA townhome, and one spacious 3BD/2BA upstairs unit providing natural rent diversification and broad tenant appeal. Major capital improvements have been completed, significantly reducing near-term capex risk for the new owner: three of four units have been fully remodeled with new flooring, two-tone paint, and updated appliances; the building exterior has been freshly painted; the roof has been replaced; and both furnaces and the water heater have been updated within the last 3-5 years. Additional features include on-site laundry, carport parking, LVP flooring, air conditioning, and refrigerators and electric stoves included in all units. The property is professionally managed and currently generating rental income with four active leases in place. An ideal value-add or stabilized hold for the discerning investor. Do not disturb tenants. All showings by appointment.

785 Carro Drive, Sacramento

Listing courtesy of All Inclusive Real Estate Group.

$589,000

2,000 SqFt. ⋅ 226025478 MLS

Excellent value-add opportunity in a submarket with very strong occupancy. Four 1BEDROOM/1BATHROOM UNITS with month to month tenants, 100% OCCUPIED. Purchase as an owner / user, FHA or low down payment program. Low maintenance property with extreme upside in rents.

3836 43rd Avenue, Sacramento

Listing courtesy of Collier's International.

$1,275,000

2,859 SqFt. ⋅ 226027672 MLS

Triplex in Curtis Park! This spacious 9-bedroom, 7-bathroom property at 2657 2nd Ave in Sacramento offers a rare opportunity in one of the city's historic neighborhoods. The main unit features 5 bedrooms and 3 bathrooms, including a convenient downstairs bedroom and bath, ideal for guests, extended family, or a home office. Two additional units each offer 2 bedrooms and 2 bathrooms, approximately 740 sq ft, with comfortable and functional layouts. This beautifully updated property showcases new cabinetry, quartz countertops, stylish lighting, durable vinyl flooring, and updated appliances throughout. Exterior features include a private backyard, off-street parking, and R4 zoning, providing flexibility and long-term potential. With one unit already rented, income has begun while still allowing opportunity for additional rental income or owner occupancy. Located just minutes from local shops, dining, and the iconic Gunther's Ice Cream, this property offers style, versatility, and strong income potential.

2657 2nd Avenue, Sacramento

Listing courtesy of Realty ONE Group Complete.

$749,888

3,665 SqFt. ⋅ 226021710 MLS

Rare Multi-Family Investment Opportunity sitting on nearly a 1/2 acre with approved plans to build another ADU! Annual rent revenue of over $76,000 per year. Four Income producing rentals across 3 buildings, plus Three detached support structures (Garage, Laundry, Storage). The package includes a standalone renovated 3-Bed/1 Bath unit, a stand alone 2 bed/1 bath and a duplex featuring a 1 bed/1 bath and a 2 bed/1 bath. Recently upgraded property including a new roof. Conveniently located minutes from shopping, grocery, hwy 80 and local schools, this property is well positioned for consistent tenant demand. Efficiently configured for low-complexity management with upside through rent optimization and laundry income. At asking, this asset offers a compelling return with a projected cap rate of over 9% - Ideal for investors and 1031 exchange buyers.

921 Rivera Drive, Sacramento

Listing courtesy of ERA Carlile Realty Group.

$825,000

2,164 SqFt. ⋅ 226018153 MLS

Excellent Investment Opportunity - Strong Cash Flow Near Curtis Park! Turnkey, income-producing duplex generating over $60,000 per year in rental income! Each well-maintained unit features 2 bedrooms and 1.5 bathrooms, offering desirable layouts and modern updates throughout. Extensively updated in 2017 with permits, including: Granite kitchen countertops & newer cabinetry New roof and siding New HVAC systems New water heaters And more Each unit includes a private one-car garage, separate driveway parking, and a fenced backyard a rare find that adds strong tenant appeal. Utilities are separately metered for added convenience and efficiency. Situated on a spacious corner lot just one block from some of the area's most popular spots including Gunther's Ice Cream, Pangaea Bier Caf, Hop Gardens Taproom, Caf Dantorels, and other neighborhood favorites. Close to parks, public transportation, freeway access, and just minutes to downtown. Both units are currently tenant-occupied at $2,500 and $2,600 per month, providing immediate, reliable income. A truly turnkey opportunity in a highly desirable location.

2686 Franklin Boulevard, Sacramento

Listing courtesy of Hall & Associates Real Estate.

$649,000

2,052 SqFt. ⋅ 226015624 MLS

3 large 2 Bedroom, 1 Bath Units (triplex) with laundry hookups in each unit. Below Market Rent. Off-street parking. Large Corner Lot. Delivered with 2 vacant units so Buyer can select new tenants. Close to everything. Make offer subject to inspection. Seller will look at all offers.

1685 Glenrose Avenue, Sacramento

Listing courtesy of Worley Real Estate Inc..

$550,000

1,888 SqFt. ⋅ 225144893 MLS

Back on the market at no fault to the seller or property. Welcome to 5351-5349 Whittier Dr. in Sacramento, a well-updated corner-lot duplex offering an exceptional investment opportunity or flexible multi-family living. Both units feature fresh interior and exterior paint, private gated entrances, and separate SMUD meters ideal for maximizing rental income and minimizing shared expenses. The larger unit (5351) offers 3 bedrooms, 2 bathrooms, 1,256 square feet of living space, and an attached garage. Its upgrades include a bright kitchen with quartz countertops and white cabinetry, a cozy fireplace, dual-pane windows, a composition roof, an updated HVAC system with ducts, modern bathrooms, and a mix of tile and luxury vinyl plank flooring. The second unit (5349) provides 696 square feet of thoughtfully designed space with an open, contemporary kitchen, LVP flooring, a mini-split HVAC system, a large walk-in closet, in-unit laundry, spacious bathroom, and charming open-beam ceilings. Located near UC Davis Medical Center, Sacramento State, shopping, public transportation, and freeway access, this property offers strong rental potential in a high-demand area. A rare chance to own a turnkey duplex in a prime location don't miss it.

5351 Whittier Drive, Sacramento

Listing courtesy of Keller Williams Realty.

$1,045,000

2,868 SqFt. ⋅ 225142152 MLS

1106 G Street, Sacramento, CA is a stunning fourplex in the heart of Midtown Sacramento. Built in 1880/1986, But has been completely remodeled and converted to Central Heat and air within the last 5-10 years. The subject property features two 2-bedroom/2-bath units and two studio units, with three units thoughtfully remodeled with modern finishes. The building boasts a charming Victorian exterior with intricate details, complemented by private gated entry and a brick-paved courtyard. Its proximity to Golden 1 Center, Downtown Commons (DOCO), City Plaza Park, and an abundance of dining, shopping, and entertainment options makes it an attractive choice for both professionals and tourists. Residents and guests benefit from easy access to major employers, government offices, cultural landmarks, and convenient public transportation.

1106 G Street, Sacramento

Listing courtesy of Collier's International.

$699,000

2,568 SqFt. ⋅ 225133935 MLS

Fantastic Investment Opportunity! Own this income-generating 4-plex with three units already rented and one vacant, ready for an owner-occupant or new tenant! Current tenants are on a month to month rental agreement. Each unit has been updated with stylish laminate flooring and fresh interior paint (prior to current tenants), offering a modern and inviting feel. Conveniently located with easy access to the freeway, shopping, and public transportation, this property is perfect for investors looking for steady rental income in a prime Sacramento location. Don't miss out on this chance to build your portfolio.

3711 46th Avenue, Sacramento

Listing courtesy of Coldwell Banker Realty.

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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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