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  • $1,200,000

    2398 Oakmont St, Sacramento, CA 95815

    7beds
    3,230sqft
    : 
    $8,020/mo
    Get pre-qualified
    5 or More Units
    Built in 1961
    -- sqft lot
    $1,159,200 Zestimate®
    $372/sqft
    $-- HOA

    What's special

    Updated flooringOff-street parking for tenants
    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.
    30 days
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    168
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Breeze Singh DRE #01981870 916-995-9754,

    HomeSmart ICARE Realty,

    Raj Singh DRE #01998314 916-529-3172,

    HomeSmart ICARE Realty

    Source: MetroList Services of CA,MLS#: 226087458Originating MLS: MetroList Services, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Wall Furnace
      Cooling
      • Wall Unit(s), Window Unit(s)
      Appliances
      • Laundry: Other
      Features
      • Flooring: Luxury Vinyl Plank, Other
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Total interior livable area: 3,230 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Open, Other
      Features
      • Levels: One,Two
      • Stories: 2
      Lot
      • Size: 6,176 Square Feet
      • Features: Shape Regular
      Details
      • Zoning: R-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5 or More Units
      Materials
      • Frame, Wood
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer In & Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Sacramento

      Financial & listing details

      • Price per square foot: $372/sqft
      • Price range: $1.2M - $1.2M
      • Date on market: 7/10/2026
      • Income includes: Rent Only

        Estimated market value

        $1,159,200

        $1.10M - $1.22M

        $1,948/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$1,200,000+60.2%$372/sqft
        Source: MetroList Services of CA #226087458 Report a problem
        10/28/2019Sold$749,000-0.1%$232/sqft
        Source: MetroList Services of CA #19053640 Report a problem
        9/26/2019Price change$749,9980%$232/sqft
        Source: eXp Realty of California Inc. #21920158 Report a problem
        8/3/2019Listed for sale$750,000+42.9%$232/sqft
        Source: eXp Realty of California Inc. #21920158 Report a problem
        8/3/2019Listing removed$1,195
        Source: Cornette Property Mgmt Report a problem
        7/28/2019Listed for rent$1,195+25.8%
        Source: Cornette Property Mgmt Report a problem
        5/4/2019Listing removed$950
        Source: Real Assist Consulting & Servicing Company Report a problem
        3/14/2019Listed for rent$950
        Source: Real Assist Consulting & Servicing Company Report a problem
        10/12/2018Sold$525,000-2.8%$163/sqft
        Source: MetroList Services of CA #18027858 Report a problem
        6/6/2018Pending sale$540,000$167/sqft
        Source: RE/MAX Gold #18027858 Report a problem
        5/22/2018Listed for sale$540,000$167/sqft
        Source: RE/MAX Gold #18027858 Report a problem
        5/17/2018Pending sale$540,000$167/sqft
        Source: RE/MAX Gold #18027858 Report a problem
        5/3/2018Listed for sale$540,000+227.3%$167/sqft
        Source: RE/MAX Gold #18027858 Report a problem
        6/1/2001Sold$165,000$51/sqft
        Source: MetroList Services of CA #142000294 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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: Old North Sacramento

        Getting around

        89 / 100
        Very Walkable
        49 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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