We are proud to present 1517 17th Street an exceptional investment opportunity in the Heart of Midtown Sacramento. The subject property is a fully remodeled, turn-key multifamily asset located in one of Midtown Sacramento's most vibrant and desirable neighborhoods. This rare offering provides a compelling combination of stabilized income, recent capital improvements, and significant upside potentialall at an attractive cap rate and below-market basis. The subject property consists of 13 Units Total: (5) Standard Studios, (5) Deluxe Studios, (2) 1BR/1BA Units, and (1) Spacious 1BR/1.5BA Unit. Upgrades include a new roof (TPO, installed 6 months ago), brand-new electrical system ($150,000+ invested), modern HVAC systems (Mini Splits & PTAC). The units include open floor plans, new appliances, refinished original hardwood floors, and updated lighting throughout. As you walk into the front door you will notice the upgrades interior hallways featuring new flooring, fresh paint, LED recessed lighting, and a secured access system. Located below the first floor is an on-site manager's office, full basement for storage, and washer/dryer hookups. Utilities (except water) are already tenant-paid; a RUBS system could add $25-$75/unit monthly by passing along water, sewer, and garbage costs. 1517 17th Street is situated on the corner of 17th & Q Streets, this asset is just one block from Midtown's bustling retail and entertainment core. Residents enjoy walkable access to boutique shops, parks, popular restaurants, breweries, and nightlife. The property also benefits from alley access, mature trees, and low-maintenance landscaping, enhancing its overall curb appeal and livability. Minutes to California State Capitol, Highway 50 & Highway 80, with easy access to Sacramento's best neighborhoods and surrounding desirable areas & employment.
Active
Price cut: $26K (8/31)
$2,249,000
1517 17th St, Sacramento, CA 95811
3beds
5,362sqft
5 or More Units
Built in 1923
-- sqft lot
$2,112,300 Zestimate®
$419/sqft
$-- HOA
What's special
Mature treesFresh paintRefinished original hardwood floorsNew appliancesUpdated lighting throughoutLed recessed lightingAlley access
- 204 days
- 358
- 13
Zillow last checked:
Listing updated:
Listed by:
Matthew Sarro DRE #01942991 916-616-5267,
Collier's International
Source: MetroList Services of CA,MLS#: 226015104Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 10
- Full bathrooms: 9
- Partial bathrooms: 1
Heating
- Varies by Unit
Cooling
- Ceiling Fan(s), Wall Unit(s), Ductless, Window Unit(s), Varies by Unit
Appliances
- Laundry: Washer/Dryer Hookups
Features
- Flooring: Varies
- Has fireplace: No
Interior area
- Total structure area: 0
- Total interior livable area: 5,362 sqft
Property
Parking
- Parking features: Off Site, See Remarks
Lot
- Size: 3,049 Square Feet
- Features: Corner Lot
Details
- Parcel number: 0060236019
- Zoning: R-3A-SPD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco
- Foundation: Concrete
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Meter on Site
- Utilities for property: Other
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $419/sqft
- Price range: $2.2M - $2.2M
- Date on market: 2/13/2026
- Income includes: Rent Only, See Remarks
Estimated market value
$2,112,300
$2.01M - $2.22M
$2,220/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $2,249,000-1.1%$419/sqft |
Source: MetroList Services of CA #226015104 Report a problem | ||
| 3/11/2026 | Price change | $2,275,000-4.7%$424/sqft |
Source: MetroList Services of CA #226015104 Report a problem | ||
| 2/13/2026 | Listed for sale | $2,388,000$445/sqft |
Source: MetroList Services of CA #226015104 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Midtown - Winn Park Capital Avenue
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