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  • $2,275,000

    1517 17th St, Sacramento, CA 95811

    3beds
    5,362sqft
    : 
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    5 or More Units
    Built in 1923
    -- sqft lot
    $2,137,700 Zestimate®
    $424/sqft
    $-- HOA

    What's special

    Mature treesFresh paintRefinished original hardwood floorsNew appliancesUpdated lighting throughoutLed recessed lightingAlley access
    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.
    158 days
    |
    537
    |
    12
    |

    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: $424/sqft
      • Price range: $2.3M - $2.3M
      • Date on market: 2/13/2026
      • Income includes: Rent Only, See Remarks

        Estimated market value

        $2,137,700

        $2.03M - $2.24M

        $2,131/mo

        Price history

        DateEventPrice
        3/11/2026Price change$2,275,000-4.7%$424/sqft
        Source: MetroList Services of CA #226015104 Report a problem
        2/13/2026Listed 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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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown - Winn Park Capital Avenue

        Getting around

        96 / 100
        Walker's Paradise
        61 / 100
        Good Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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