Sutterville Apartments is a well-maintained 15-unit multifamily investment offering exceptional value-add potential in an irreplaceable Sacramento location. The property features an attractive unit mix of (5) studios, (9) one-bedroom/one-bath units, and (1) two-bedroom/one-bath unita combination consistently in high demand among renters and supportive of minimal vacancy. With rents currently below market, a new owner has the opportunity to realize significant income upside through modest operational and management improvements, without the need for major capital expenditures. Upon stabilization, the property is projected to deliver a 10% cash-on-cash return, making Sutterville Apartments a compelling investment in one of Sacramento's most desirable infill corridors. Sacramento's housing pipeline has slowed considerably, with projected inventory growth of just 1.1% in 2025, even as employment gains and new household formation continue to accelerate. Sutterville Apartments offers investors the opportunity to acquire a well-maintained asset at a meaningful discount to replacement cost, precisely as interest rates begin to decline. Favorable market dynamics are creating positive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical levels.
Active
$2,295,000
2230-2226 Sutterville Rd, Sacramento, CA 95822
11beds
8,275sqft
5 or More Units
Built in 1939
-- sqft lot
$2,180,800 Zestimate®
$277/sqft
$-- HOA
What's special
- 157 days |
- 285 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Isaac Merritt DRE #02153945 530-401-1885,
ALIVE Commercial Real Estate
Source: MetroList Services of CA,MLS#: 226006314Originating MLS: MetroList Services, Inc.
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Features
- Flooring: Laminate, Vinyl, Luxury Vinyl Plank
- Has fireplace: No
Interior area
- Total interior livable area: 8,275 sqft
Property
Parking
- Total spaces: 15
- Parking features: Open
Lot
- Size: 0.32 Acres
Details
- Parcel number: 0180021007000
- Zoning description: c-2
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Brick, Stucco
Condition
- Year built: 1939
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $277/sqft
- Price range: $2.3M - $2.3M
- Date on market: 1/19/2026
Estimated market value
$2,180,800
$2.07M - $2.29M
$1,533/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Price change | $2,295,000-4.4%$277/sqft |
Source: MetroList Services of CA #226006314 Report a problem | ||
| 1/19/2026 | Listed for sale | $2,400,000$290/sqft |
Source: MetroList Services of CA #226006314 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Carelton Tract
Nearby schools
GreatSchools rating
- 5/10Hollywood Park Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10California Middle SchoolGrades: 7-8Distance: 1 mi
- 6/10C. K. McClatchy High SchoolGrades: 9-12Distance: 0.7 mi
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- California
- Sacramento County
- Sacramento
- 95822
- Carelton Tract
- 2230-2226 Sutterville Rd





