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.
Pending
Listed by: Century 21 Masters • Denise Cook • Contact: 916-956-7913
$1,600,000
2711 I St, Sacramento, CA 95816
--beds
--baths
3,852sqft
Multi Family
Built in 1920
-- sqft lot
$1,386,700 Zestimate®
$415/sqft
$-- HOA
What's special
New fixturesSerene pond in backBeautiful fountain in frontTankless water heaters
- 641 days |
- 38 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Denise Cook DRE #01951440 916-956-7913,
Century 21 Masters
Source: CRMLS,MLS#: NDP2408879
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)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
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: $1,437,936
- Annual tax amount: $17,253
- Date on market: 10/10/2024
- Cumulative days on market: 641 days
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 114400
Estimated market value
$1,386,700
$1.26M - $1.53M
$1,807/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 |
|---|---|---|
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Marshall School
Nearby schools
GreatSchools rating
- 8/10Theodore Judah Elementary SchoolGrades: K-6Distance: 1 mi
- 7/10Miwok MiddleGrades: 7-8Distance: 0.3 mi
- 6/10C. K. McClatchy High SchoolGrades: 9-12Distance: 2.2 mi
- $--1 bd1 ba960 sqft2711 I St #A, Sacramento, CA 95816Off Market
- $1,019,1003 bd4 ba2.4k sqft2707 I St, Sacramento, CA 95816Off Market
- $---- bd1 ba-- sqft2707 I St APT 2, Sacramento, CA 95816Off Market
- $1,5001 bd1 ba660 sqft2707 I St APT 3, Sacramento, CA 95816For Rent
- $958,0001 bd1 ba-- sqft2719 I St APT 7, Sacramento, CA 95816Off Market
- $925,5002 bd1 ba-- sqft2719 I St APT 1, Sacramento, CA 95816Off Market
- $779,100-- bd-- ba2k sqft2701 I St, Sacramento, CA 95816Off Market
- $--3 bd1 ba1.2k sqft2721 I St APT 12, Sacramento, CA 95816Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $1,425,0004 bd3 ba2.9k sqft2531 H St, Sacramento, CA 95816For Sale
MLS ID #226085633, Lesa Johnston. MetroList Services of CA - $1,575,0003 bd3 ba2.2k sqft725 33rd St, Sacramento, CA 95816For Sale
MLS ID #226079871, Tina Suter. MetroList Services of CA - $1,280,0004 bd4 ba3.8k sqft620 14th St, Sacramento, CA 95814For SaleMLS ID #226090970, Sean Work. MetroList Services of CA
- $1,680,0006 bd4 ba4.6k sqft815 17th St, Sacramento, CA 95811For Sale
MLS ID #226074712, Heath Paulat. MetroList Services of CA - $1,500,0004 bd2 ba3.6k sqft1306 19th St, Sacramento, CA 95811For SaleMLS ID #226076957, David Hall Iniguez-Hall. MetroList Services of CA
- $1,585,0004 bd5 ba3.1k sqft2765 14th St, Sacramento, CA 95818For SaleMLS ID #226081801, Hilary Devine. MetroList Services of CA
- $999,0004 bd4 ba3.6k sqft1717 26th St, Sacramento, CA 95816For SaleMLS ID #226079577, Dimi Lentsev. MetroList Services of CA
- $1,095,0004 bd2 ba1.9k sqft3124 D Street, Sacramento, CA 95816For SaleMLS ID #226085005, Adriana Ponce, Keller Williams Realty-East Ba. BAREIS
- $1,499,99812 bd6 ba4.9k sqft2944 Del Paso Blvd, Sacramento, CA 95815For SaleMLS ID #226076287, Ben Marmol. MetroList Services of CA
- $1,195,0007 bd5 ba4k sqft530 10th St, Sacramento, CA 95814For SaleMLS ID #226078726, Parm Atwal. MetroList Services of CA
- $1,825,0006 bd1 ba2.3k sqft2401 24th St, Sacramento, CA 95818For SaleMLS ID #226064880, David DeLoney. MetroList Services of CA
- $1,495,0005 bd3 ba2.7k sqft405 Crocker Rd, Sacramento, CA 95864For SaleMLS ID #226086371, Angela Heinzer. MetroList Services of CA
- $1,200,0007 bd7 ba4.1k sqft4819 Orange Grove Ave, Sacramento, CA 95841For SaleMLS ID #226091195, Chris Jones. MetroList Services of CA
- $998,0003 bd2 ba2.3k sqft1045 35th St, Sacramento, CA 95816For SaleMLS ID #226064074, Heather Cox. MetroList Services of CA
- $849,9004 bd2 ba2.1k sqft2200 2nd Ave, Sacramento, CA 95818For SaleMLS ID #226091033, Mairin Haley. MetroList Services of CA
- $1,985,0004 bd3 ba2.8k sqft840 Coronado Blvd, Sacramento, CA 95864For SaleMLS ID #226090516, Jamie Rich. MetroList Services of CA
- $1,349,0004 bd2 ba2.6k sqft1501 Joby Ln, Sacramento, CA 95864For SaleMLS ID #226083401, Dana Gray. MetroList Services of CA
- $2,195,0008 bd6 ba4.8k sqft2017 10th St, Sacramento, CA 95818For SaleMLS ID #225144121, Sean Work. MetroList Services of CA
- $1,075,0004 bd4 ba3.4k sqft1120 G St, Sacramento, CA 95814For SaleMLS ID #226071806, Lisa Barrier. MetroList Services of CA
- $1,249,9904 bd2 ba2k sqft2755 25th St, Sacramento, CA 95818For SaleMLS ID #226063749, Steffan Brown. MetroList Services of CA
Local buyer's agents are ready to help
