Pending

Listed by: Century 21 Masters • Denise Cook • 916-956-7913

$1,600,000

2711 I St, Sacramento, CA 95816

--beds

--baths

3,852sqft

$10,514/mo

Get pre-qualified

Multi Family

Built in 1920

-- sqft lot

$1,340,400 Zestimate^®

$415/sqft

$-- HOA

What's special

New fixturesSerene pond in backBeautiful fountain in frontTankless water heaters

Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.

740 days
39
0

Facts & features

Interior

Cooling

Central Air

Appliances

Included: Dishwasher, Gas Cooking, Disposal, Refrigerator, Tankless Water Heater
Laundry: Common Area, Inside

Features

Windows: Double Pane Windows
Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,852
Total interior livable area: 3,852 sqft

Video & virtual tour

View virtual tour

Property

Features

Entry location: 1
Pool features: None

Lot

Size: 6,534 Square Feet
Features: Front Yard, Garden, Landscaped, Near Park, Near Public Transit

Details

Additional structures: Storage
Parcel number: 00700410200000
Zoning: R-3A-SPD
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Victorian
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1920

Community & HOA

Community

Features: Storm Drain(s), Street Lights, Sidewalks, Park

Location

Region: Sacramento

Financial & listing details

Price per square foot: $415/sqft
Tax assessed value: $1,466,694
Date on market: 10/10/2024
Cumulative days on market: 740 days
Listing terms: Cash,Conventional,1031 Exchange
Total actual rent: 114400

Estimated market value

$1,340,400

$1.22M - $1.47M

$2,278/mo

Price history

Date	Event	Price
12/11/2025	Pending sale	$1,600,000$415/sqft
Source: MetroList Services of CA #224114687 Report a problem
7/22/2025	Listing removed	$1,900
Source: Zillow Rentals Report a problem
7/4/2025	Listed for rent	$1,900+11.8%
Source: Zillow Rentals Report a problem
1/16/2025	Price change	$1,600,000-3%$415/sqft
Source: CRMLS #NDP2408879 Report a problem
10/10/2024	Listed for sale	$1,650,000$428/sqft
Source: CRMLS #NDP2408879 Report a problem
2/23/2023	Listing removed	--
Source: Zillow Rentals Report a problem
2/6/2023	Listed for rent	$1,700
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,466,694 +2%
2025	$17,253 +1.4%	$1,437,936 +2%
2024	$17,011 +2.4%	$1,409,742 +2%
2023	$16,611 +479.7%	$1,382,100 +364.4%
2022	$2,865 +4.3%	$297,636 +2%
2021	$2,746 -0.1%	$291,801 +1%
2020	$2,750 +2%	$288,810 +2%
2019	$2,697 +2.6%	$283,148 +2%
2018	$2,629 +1.4%	$277,597 +2%
2017	$2,592 +5.2%	$272,155 +2%
2016	$2,465 +3.8%	$266,820 +1.5%
2015	$2,375	$262,813 +2%
2014	$2,375	$257,666 +0.5%
2013	--	$256,502 +2%
2012	--	$251,473 +2%
2011	--	$246,543 +0.8%
2010	--	$244,701 +1.8%
2008	--	$240,475 +2%
2007	--	$235,761 +2%
2006	--	$231,140 +2%
2005	--	$226,609 +2%
2004	--	$222,167 +1.9%
2003	--	$218,096 +2%
2002	--	$213,821 +2%
2001	--	$209,630 +2%
2000	--	$205,520