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2398 Oakmont Street Sacramento, CA $ 1,200,000
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2398 Oakmont Street
$ 1,200,000
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2398 Oakmont Street

Sacramento, CA, 95815
$ 1,200,000
Baths0.0 Sq 3,230

Monthly Estimate*

$ 7,577

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Studio

Multi-Family Home for sale in Sacramento, CA

for $1,200,000. 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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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.1418

Year Built

1961

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

226087458
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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Internal Only
Street Number 1 2398
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* Excluded Features
List By
Homesmart Icare Realty

Broker

breeze@Theteamsingh.com

Email

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$7,577
Per Month
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Monthly Principal & Interest
$7,577
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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
3193726 Elementary School
3193718 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
7/10/2026 $1,200,000 Listed Price

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2398 Oakmont Street, Sacramento, CA, 95815 is a Multi-Family Home for sale at $1,200,000 with 3,230 sqft and a lot size of 0.1418. 2398 Oakmont Street is a studio with 0.0 baths and was built in 1961. The property's zip code is 95815 which is in Sacramento, CA

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