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1808 P Street Sacramento, CA $ 1,450,000
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1808 P Street
$ 1,450,000
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1808 P Street

Sacramento, CA, 95811
$ 1,450,000
Baths0.0 Sq 5,431

Monthly Estimate*

$ 8,928

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Studio

Multi-Family Home for sale in Sacramento, CA

for $1,450,000. This 5,431 square foot home was built in 1900 on a lot size of 0.1215.

1808 P St is a charming nine-unit multifamily investment opportunity located in the heart of Sacramento's strongest and most desirable rental submarketMidtown. The property consists of five one-bedroom/one-bath units and four studio units, blending timeless architectural character with today's sought-after urban lifestyle. Each residence features high ceilings, large windows providing abundant natural light, as well as the convenience of on-site laundry. Ideally situated within walking distance to Sacramento's most notable restaurants, bars, medical centers, The Ice Blocks, and the full spectrum of Midtown amenities, 1808 P Street offers residents an unmatched live-work-play environment. The next owner will benefit from a well-performing, fully occupied asset with significant upside potential through rent growth, achievable without the need for immediate capital expenditures. Supported by Sacramento's strong rental fundamentals, limited new supply, and a widening gap between the cost to rent and the cost to own, 1808 P Street represents a stable, long-term investment in one of the region's most resilient multifamily markets. Well-Maintained Nine-Unit Property. Charming Early-1900s Architecture with Historic Character. Fully Occupied, Reflecting Strong and Consistent Rental Demand. Attractive 6.01% In-Place Cap Rate with Significant Rent-Growth Potential. Tenant-Friendly Amenities Including On-Site Laundry and a Tranquil Shared Backyard Space. Excellent Location in Midtown, Close to the Ice Blocks.

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.1215

Year Built

1900

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

226028861
Features
General
Sewer Sewer in Street
Heating Gas
Cooling Ceiling Fan(s) Wall Unit(s) Window Unit(s)
Utilities Sewer Connected Electric Natural Gas Connected
Roof Composition
Appliances Gas Cook Top Dishwasher Microwave
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 1500
HOA Fee 0
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Construction Materials Stucco Wood Wood Siding
Year Built 1900
Tenant Pays Electricity Gas
Stories Count 3
Levels Two
Property Subtype 5 or More Units
Elevation 0
County Sacramento
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions P and 19th.
City Sacramento
High School District Sacramento Unified
Zoning Description R-3A
Open Parking Spaces 0.0
Number Of Units Total 9
MLS Area 10811
Lot Size Square Feet 5293.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Year Built Source Assessor Auto-Fill
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Interior
Basement Storage Area
Flooring Laminate
Total Stories 3
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 1
Unit3Bedrooms 0
Window Features Dual Pane Full Varies by Unit
Laundry Features Coin Operated Washer/Dryer Leased In Common Area
Unit 1 Bedroom Units Total 5
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 0
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Exterior
Exterior Amenities Fenced Yard Yard Space
Parking Features Attached Off Street Garage
Lot Features Sidewalk Landscape Back Landscape Front
Water Source Water District
Total Parking 2.0
Foundation Details Concrete
Number of Buildings 1
Lot Size Acres 0.1215
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 1808
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* Excluded Features
List By
Alive Commercial Real Estate

Broker

imerritt@alivecre.com

Email

Affordability Calculator

$8,928
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/11/2026 $1,450,000 Listed Price

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1808 P Street, Sacramento, CA, 95811 is a Multi-Family Home for sale at $1,450,000 with 5,431 sqft and a lot size of 0.1215. 1808 P Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 95811 which is in Sacramento, CA

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