Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
For sale
Listing Provided by:
Denise Cook DRE #01951440 800-463-0977,
Century 21 Masters
$1,600,000
2711 I St, Sacramento, CA 95816
--beds
--baths
3,852sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$415/sqft
$-- HOA
What's special
New fixturesSerene pond in backBeautiful fountain in frontTankless water heaters
- 319 days
- on Zillow |
- 359 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: August 16, 2025 at 11:29am
Listing Provided by:
Denise Cook DRE #01951440 800-463-0977,
Century 21 Masters
Source: CRMLS,MLS#: NDP2408879
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Cooking, Disposal, Refrigerator, Tankless Water Heater
- Laundry: Common Area, Inside
Features
- Windows: Double Pane Windows
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,852
- Total interior livable area: 3,852 sqft
Video & virtual tour
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,534 Square Feet
- Features: Front Yard, Garden, Landscaped, Near Park, Near Public Transit
Details
- Additional structures: Storage
- Parcel number: 00700410200000
- Zoning: R-3A-SPD
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1920
Community & HOA
Community
- Features: Storm Drain(s), Street Lights, Sidewalks, Park
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $1,437,936
- Date on market: 10/10/2024
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 114400
- Loading
- Loading