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  • $2,000,000

    2313 T St, Sacramento, CA 95816

    8beds
    7,324sqft
    5 or More Units
    Built in 1938
    -- sqft lot
    $1,951,300 Zestimate®
    $273/sqft
    $2,115 Estimated rent

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    $2,115/mo

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    $2,115/mo

    Rent Zestimate®

    Refinance and save

    $12,462/mo

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    $12,462/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: March 14, 2025 at 06:12pm

    Listed by:

    Jeremy Higgins DRE #01484794 530-574-3329,

    Real Brokerage,

    Paul Majestic DRE #02031180 530-220-2924,

    Real Brokerage

    Bought with:

    Stephen Riggs, DRE #01891462

    Windermere Signature Properties Sierra Oaks

    Source: MetroList Services of CA,MLS#: 225012102Originating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Free-Standing Gas Oven, Free-Standing Gas Range
    Features
    • Flooring: Vinyl, Wood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 7,324 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Detached
    • Garage spaces: 7
    Features
    • Stories: 1
    Lot
    • Size: 0.29 Acres
    Details
    • Zoning description: R-3A
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Tudor
    • Property subtype: 5 or More Units
    Materials
    • Stucco, Frame
    • Roof: Composition
    Condition
    • Year built: 1938

    Community & neighborhood

    Location
    • Region: Sacramento
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    Estimated market value
    $1,951,300