2398 Oakmont Street
Sacramento, CA, 95815
$
1,200,000
Bedrooms5
Baths4.0
Sq
3,230
Monthly Estimate*
$
7,577
for $1,200,000 with 5 bedrooms and 4 full baths. This 3,230 square foot home was built in 1961 on a lot size of 0.1418.
Excellent 6-unit investment opportunity in Old North Sacramento! This offering consists of two separate structures on one lot a 4-unit apartment building and a detached duplex giving investors flexibility for financing, management, or future planning. Units are predominantly 1 bedroom/1 bath floor plans with off-street parking for tenants. The property has been recently renovated within the last five years, with updated flooring, kitchens, bathrooms, and lighting throughout most units, offering a turnkey opportunity for a buyer seeking strong cash flow with minimal deferred maintenance. Located near Arden Way and Del Paso Blvd, the property offers tenants convenient access to everyday amenities and major destinations. Nearby shopping centers and the Arden Fair Mall provide a wide range of retailers and dining options, while Discovery Park and the American River offer great outdoor recreation, along with Bannon Creek Parkway and Governor's Mansion State Historic Park close by. Commuters benefit from easy access to Business 80, Highway 99, and Highway 50, keeping Downtown/Midtown Sacramento within easy reach, with the Royal Oaks light rail station conveniently close for those who prefer transit. Kaiser Foundation Hospital - Sacramento and Sacramento International Airport are both easily accessible, and Sacramento City College, American River College, and Sacramento State are all within a short drive as well. With historically strong occupancy and rents currently below market, this property presents immediate cash flow with meaningful upside for the next owner. The two-building configuration on a single lot adds versatility rarely found in properties of this size, whether the buyer's strategy is long-term hold or continued value-add improvements. Don't miss this North Sacramento multifamily opportunity contact the listing agent for financials, rent roll, and to schedule a showing.
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Features
General
Sewer
Public Sewer
Heating
Wall Furnace
Cooling
Wall Unit(s)
Window Unit(s)
Utilities
Sewer In & Connected
Natural Gas Connected
Roof
Composition
Unit 4 Rent
1250
Unit 2 Rent
1250
Unit 3 Rent
1250
Unit 1 Rent
1550
HOA Fee
0
Garage Spaces
0.0
Construction Materials
Frame
Wood
Year Built
1961
Stories Count
2
Levels
One
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
Capitol City Freeway (Business 80) to Arden Way exit
go west to Oakmont St
turn right and go to property.
City
Sacramento
High School District
Twin Rivers Unified
Zoning Description
R-1
Open Parking Spaces
0.0
Number Of Units Total
6
MLS Area
10815
Lot Size Square Feet
6177.0
Carport Spaces
0.0
Standard Status
Active
Middle/Junior School District
Twin Rivers Unified
Elementary School District
Twin Rivers Unified
Year Built Source
Assessor Auto-Fill
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Interior
Flooring
Luxury Vinyl Plank
Other
Total Stories
2
Unit 1 Full Baths
1
Unit 2 Full Baths
1
Unit 3 Full Baths
1
Unit1Bedrooms
2
Unit3Bedrooms
1
Laundry Features
Other
Unit 1 Bedroom Units Total
5
Unit 2 Bedroom Units Total
1
Unit 3 Bedroom Units Total
0
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Exterior
Parking Features
Open
Other
Lot Features
Shape Regular
Water Source
Public
Total Parking
6.0
Foundation Details
Raised
Number of Buildings
2
Lot Size Acres
0.1418
Lot Size Source
Assessor Auto-Fill
Covered Spaces
0.0
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* Excluded Features
List By
Homesmart Icare Realty
Broker
breeze@Theteamsingh.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $7,577
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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
Multi-family listings in Sacramento, CA
Average List Price
$995,479
Percent of Sale Price
17%
About Sacramento, CA
501,568
Population
23%
Since 2002
$
54,303
Median Income
35.68
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193726
Elementary School
3193718
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/10/2026
|
$1,200,000
|
|
Listed Price
|