Historic Midtown Craftsman Fourplex + Flex Space Stabilized Income Approaching $120, 000 Annually... Rarely does a property come to market that so perfectly blends historic character, investment performance, and owner-user flexibility. Located in the heart of Midtown Sacramento, 815 17th Street is a landmark Craftsman fourplex offering approximately $120, 000 in stabilized annual rental income, additional garage income, and a versatile lower-level flex space. Originally built in 1900, this architectural gem showcases many of the irreplaceable details that have made Midtown one of Sacramento's most desirable neighborhoods, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors, and remarkable period craftsmanship throughout. The property consists of four income-producing residential units with tenants paying gas and electric, helping create a favorable operating expense profile. Two garages provide additional income and highly desirable off-street parking in a neighborhood where parking is always at a premium. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area, and living area. While not represented as a legal rental unit, it offers exceptional flexibility for owner use, guests, a home office, creative studio, fitness area, storage, or other personal uses. Recent ownership has invested significantly in the property, including exterior improvements, plumbing repairs, siding repairs, gutter work, and the installation of a 50-year roof in 2022, helping reduce deferred maintenance concerns for future ownership. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center, the R Street Corridor, restaurants, coffee shops, parks, nightlife, and Midtown's vibrant arts scene, this property offers an unmatched combination of location, character, flexibility, and income potential. Whether you're an investor seeking stable cash flow, a house-hacker looking to offset ownership costs, or a buyer searching for a truly special historic property, 815 17th Street represents a rare opportunity to own a piece of Sacramento history in one of the city's most desirable neighborhoods.
34 days
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652
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23
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Zillow last checked:
Listing updated:
Listed by:
Heath A. Paulat,
eXp Realty of California, Inc.
Source: eXp Realty,MLS#: 226074712Originating MLS: MetroList Services, Inc.
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Facts & features
Interior
Heating
Central, Gas, Individual, Varies by Unit
Cooling
Central, Varies by Unit, Individual
Appliances
Included: Free Standing Gas Range, Gas Water Heater, Dishwasher, Disposal, Plumbed For Ice Maker, Varies By Unit, Free Standing Electric Range
Laundry: Washer/Dryer Owned, In Each Unit
Features
Flooring: Carpet, Tile, Wood
Windows: Window Coverings, Window Screens
Basement: Apartment In Basement, Storage Area
Interior area
Total interior livable area: 4,630 sqft
Property
Parking
Total spaces: 2
Parking features: Offsite, Street, Garage, Garage Door Opener, Leased
Garage spaces: 2
Features
Stories: 3
Patio & porch: Balcony/Deck, Covered Patio
Exterior features: Fenced Yard, Yard Space
Lot
Size: 3,484 Square Feet
Features: Shape Regular, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
Topography: Level
Details
Parcel number: 00600650010000
Zoning description: R-3A
Construction
Type & style
Home type: MultiFamily
Architectural style: Craftsman, Victorian
Property subtype: Quadruplex
Materials
Block, Shingle Siding, Stone, Frame, Wood Siding
Foundation: Concrete Perimeter, Slab
Roof: Composition
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Natural Gas Connected
Green energy
Energy efficient items: Appliances, Roof, Exposure/Shade, Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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