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2823 U Street Sacramento, CA $ 1,495,000
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2823 U Street
$ 1,495,000
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2823 U Street

Sacramento, CA, 95817
$ 1,495,000
Baths0.0 Sq 7,830

Monthly Estimate*

$ 9,205

2823 U Street, Sacramento, CA 95817 - Image 1
2823 U Street, Sacramento, CA 95817 - Image 2
2823 U Street, Sacramento, CA 95817 - Image 3
2823 U Street, Sacramento, CA 95817 - Image 4
2823 U Street, Sacramento, CA 95817 - Image 5
2823 U Street, Sacramento, CA 95817 - Image 6
2823 U Street, Sacramento, CA 95817 - Image 7
Studio

Multi-Family Home for sale in Sacramento, CA

for $1,495,000. This 7,830 square foot home was built in 1962 on a lot size of 0.15.

2823 U Street, a well-located 10-unit apartment community in one of Sacramento's most desirable urban neighborhoods. Situated just blocks from the vibrant Midtown corridor and in close proximity to East Sacramento, the property benefits from strong tenant demand driven by its walkability, access to major employment centers, and proximity to Sacramento's best dining, retail, and entertainment amenities. The property offers a compelling value-add opportunity through continued unit renovations and rent growth. Current operations indicate meaningful upside as units are modernized and rents are aligned with surrounding market-rate properties. The underwriting projects a significant increase in net operating income through a combination of rental upside, utility reimbursements, and operational efficiencies, creating a clear path to enhanced cash flow and long-term appreciation.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.15

Year Built

1962

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

226072899
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall Unit(s)
Utilities City
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 1190
HOA Fee 0
Garage Spaces 0.0
Construction Materials Stucco
Year Built 1962
Stories Count 2
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 South on Business 80 exit P Street turn left onto 29th Street Right onto U Street.
City Sacramento
High School District Sacramento Unified
Zoning Description RES
Open Parking Spaces 0.0
Number Of Units Total 10
MLS Area 10817
Lot Size Square Feet 6534.0
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
Flooring Vinyl
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 1
Unit3Bedrooms 0
Laundry Features Other
Unit 1 Bedroom Units Total 6
Unit 2 Bedroom Units Total 3
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Covered
Lot Features Landscape Back Landscape Front
Water Source Public
Total Parking 0.0
Foundation Details Raised
Number of Buildings 1
Lot Size Acres 0.15
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 2823
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* Excluded Features
List By
Marcus & Millichap Real Estate

Broker

David.DeLoney@marcusmillichap.com

Email

Affordability Calculator

$9,205
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,205
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
6/8/2026 $1,495,000 Listed Price

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2823 U Street, Sacramento, CA, 95817 is a Multi-Family Home for sale at $1,495,000 with 7,830 sqft and a lot size of 0.15. 2823 U Street is a studio with 0.0 baths and was built in 1962. The property's zip code is 95817 which is in Sacramento, CA

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