Prime investment opportunity in the heart of Midtown Sacramento. The property features four 1-bedroom/1-bath units. Units 1 and 4 are currently operating as short-term rentals, each generating approximately $2,200 per month. Unit 3 is leased to a long-term tenant at $1,540, while Unit 2 is currently vacant. As a long-term rental, the property has the potential to generate a total monthly income of $7,090. The building showcases historic charm with its columned entryway, classic architectural detailing, and wood siding construction. It also benefits from recent upgrades including a new roof and gutter, replaced just one year ago. Interiors have been thoughtfully updated with modern kitchens that include white cabinets, quartz countertops, recessed lighting, and stainless-steel appliances. The open living areas feature durable laminate or hardwood flooring, large windows that provide abundant natural light, and ceiling fans to enhance comfort and airflow. Wall A/C units are installed in units 1, 2, and 3, while unit 4 is equipped with a mini split system for efficient heating and cooling.
Active
Price cut: $495 (7/27)
$999,500
1515 22nd St, Sacramento, CA 95816
4beds
3,200sqft
Est.:
Quadruplex
Built in 1912
-- sqft lot
$982,800 Zestimate®
$312/sqft
$-- HOA
What's special
- 134 days
- on Zillow |
- 661 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: July 27, 2025 at 08:52am
Listed by:
DRE #01942991 916-616-5267,
Collier's International CA, Inc.
Source: MetroList Services of CA,MLS#: 225039883Originating MLS: MetroList Services, Inc.
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Varies by Unit
Cooling
- Varies by Unit
Features
- Flooring: Laminate, Wood
- Has fireplace: No
Interior area
- Total interior livable area: 3,200 sqft
Property
Features
- Stories: 2
Lot
- Size: 3,049.2 Square Feet
Details
- Parcel number: 00702540010000
- Zoning description: R-3A-SPD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Redwood Siding
Condition
- Year built: 1912
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $806,309
- Price range: $1M - $1M
- Date on market: 4/12/2025
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