Turnkey Cash Flow Meets Value-Add Potential An incredible investment opportunity in one of Sacramento's most desirable, high-demand rental pockets! Nestled right near Land Park, Sacramento City College, and Hughes Stadium, this 4-plex offers immediate rental income paired with huge upside potential for an investor or owner-occupant looking to house-hack. Key Highlights & Unit Breakdown Turnkey Income: 1 unit is currently occupied by a great tenant paying $2,033/month, delivering immediate, predictable cash flow on day one. Blank Canvas for Top-Tier Market Rents: 3 units have been newly remodeled and delivered vacant! Choose your own qualified tenants at current market rents or move into one unit while letting the remaining three pay your mortgage. Spacious Layouts: Consistent 2 Bed / 1 Bath layouts (~768 sq. ft. per unit) with open living spaces, modern updates, fresh paint, and renovated interiors. Location, Location, Location Walkability & Commute: Steps from Sacramento City College and light rail access for an effortless Downtown/Midtown commute. Amenities: Minutes to William Land Park, Sacramento Zoo, local breweries, and nearby shopping centers. High-Demand Area: Extremely low-vacancy pocket with strong, continuous tenant interest from students, healthcare workers, and downtown professionals.
Closed
$900,000
2205 15th Ave, Sacramento, CA 95822
8beds
3,072sqft
Quadruplex
Built in 1979
-- sqft lot
$899,800 Zestimate®
$293/sqft
$2,132 Estimated rent
Home value
$899,800
$828,000 - $981,000
$2,132/mo
Zestimate® history
Owner options
List your home for rent
$2,132/mo
Rent Zestimate®
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$2,132/mo
Rent Zestimate®
Refinance and save
$5,872/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,872/mo
Est. payment
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List your homeWhat's special
Renovated interiorsModern updatesFresh paintOpen living spacesSpacious layouts
Zillow last checked:
Listing updated:
Listed by:
Lien Tran DRE #02029536 916-720-2556,
Property Depot Realty Services, Inc
Bought with:
Samantha Olazabal, DRE #01709548
House Of Joy
Source: MetroList Services of CA,MLS#: 226052491Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Refrigerator, Free-Standing Electric Range
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 0
- Total interior livable area: 3,072 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Open, On Street, Uncovered, Guest
- Uncovered spaces: 5
Lot
- Size: 7,000 Square Feet
- Features: Auto Sprinkler F&R, Shape Regular, Curbs/Gutters, Garden, Landscape Front
Details
- Parcel number: 01800210280000
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Frame, Wood
- Foundation: Concrete
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Meter on Site
- Utilities for property: Cable Available, City, Sewer In & Connected
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $969,000
- Price range: $900K - $900K
- Date on market: 7/27/2026
- Income includes: Rent Only
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listing removed | $1,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2026 | Listed for rent | $1,695+126%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2026 | Sold | $900,000-5.3%$293/sqft |
Source: MetroList Services of CA #226052491 Report a problem | ||
| 8/18/2026 | Pending sale | $950,000$309/sqft |
Source: MetroList Services of CA #226052491 Report a problem | ||
| 7/27/2026 | Listed for sale | $950,000$309/sqft |
Source: MetroList Services of CA #226052491 Report a problem | ||
| 12/6/2024 | Sold | $950,000+0.1%$309/sqft |
Source: MetroList Services of CA #224109193 Report a problem | ||
| 11/26/2024 | Pending sale | $949,000$309/sqft |
Source: MetroList Services of CA #224109193 Report a problem | ||
| 9/27/2024 | Listed for sale | $949,000+46%$309/sqft |
Source: MetroList Services of CA #224109193 Report a problem | ||
| 10/5/2018 | Sold | $650,000+170.8%$212/sqft |
Source: Public Record Report a problem | ||
| 12/16/2011 | Listing removed | $750 |
Source: Alpha Property Management Report a problem | ||
| 12/15/2011 | Listed for rent | $750 |
Source: Alpha Property Management Report a problem | ||
| 10/25/2011 | Sold | $240,000-4%$78/sqft |
Source: MetroList Services of CA #11051833 Report a problem | ||
| 10/31/2008 | Sold | $250,000+9.7%$81/sqft |
Source: MetroList Services of CA #80084868 Report a problem | ||
| 8/28/2008 | Price change | $227,900-44.9%$74/sqft |
Source: foreclosure.com Report a problem | ||
| 8/20/2008 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 6/16/2008 | Sold | $413,883+136.5%$135/sqft |
Source: Public Record Report a problem | ||
| 4/8/2002 | Sold | $175,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $969,000 +2% |
| 2025 | $11,539 +30.6% | $950,000 +33.6% |
| 2024 | $8,837 -4.2% | $710,866 +2% |
| 2023 | $9,224 +8.8% | $696,929 +2% |
| 2022 | $8,482 +4.9% | $683,265 +2% |
| 2021 | $8,086 -0.7% | $669,868 +1% |
| 2020 | $8,145 +2.1% | $663,000 +2% |
| 2019 | $7,974 +123.9% | $650,000 +145.3% |
| 2018 | $3,562 +1.5% | $264,932 +2% |
| 2017 | $3,510 +4.4% | $259,738 +2% |
| 2016 | $3,362 +1.6% | $254,646 +1.5% |
| 2015 | $3,310 +2.5% | $250,822 +2% |
| 2014 | $3,229 | $245,910 +0.5% |
| 2013 | -- | $244,800 +2% |
| 2012 | -- | $240,000 -4.5% |
| 2011 | -- | $251,283 +0.8% |
| 2010 | -- | $249,406 -11.3% |
| 2008 | -- | $281,168 +2% |
| 2007 | -- | $275,656 +2% |
| 2006 | -- | $270,252 +2% |
| 2005 | -- | $264,954 +2% |
| 2004 | -- | $259,760 +1.9% |
| 2003 | -- | $255,000 +48.4% |
| 2002 | -- | $171,852 +2% |
| 2001 | -- | $168,483 +2% |
| 2000 | -- | $165,181 |
Find assessor info on the county website
Neighborhood: Carelton Tract
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Nearby schools
GreatSchools rating
- 5/10Hollywood Park Elementary SchoolGrades: K-6Distance: 0.4 mi
- 4/10California Middle SchoolGrades: 7-8Distance: 1 mi
- 6/10C. K. McClatchy High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$899,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$899,800
