Presenting a rare investment opportunity in the heart of vibrant Midtown Sacramento: 916-918 24th Street. This mixed-use property boasts a winning combination of retail potential and consistent rental income. Two comfortable 2-bedroom/1-bathroom units and two spacious 1-bedroom/1-bathroom units, all attracting a steady stream of renters seeking the Midtown lifestyle. Two practical 800 sq ft retail spaces on the ground floor, perfect for local businesses to capitalize on the neighborhood's foot traffic. A recently replaced roof (2018) ensures peace of mind and minimizes maintenance costs. Unbeatable location offers long term stability and potential rental upside. On-site laundry facilities provide an attractive amenity for tenants, while a secure and gated rear yard adds an extra layer of security and potential outdoor space. This is your chance to own a property that thrives amid a flourishing community.
Closed
$1,062,000
916 24th St, Sacramento, CA 95816
6beds
4,558sqft
5 or More Units
Built in 1905
-- sqft lot
$1,042,500 Zestimate®
$233/sqft
$2,722 Estimated rent
Home value
$1,042,500
$938,000 - $1.16M
$2,722/mo
Zestimate® history
Owner options
List your home for rent
$2,722/mo
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$2,722/mo
Rent Zestimate®
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$6,783/mo
Est. payment
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$6,783/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jonathan Hunt DRE #01309254 916-747-8229,
J.A. Hunt
Bought with:
Salvador Puente, DRE #02009304
TSG Premier Realty
Source: MetroList Services of CA,MLS#: 224128993Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Varies by Unit, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Gas Range, Microwave, Dishwasher
- Laundry: Common Area
Features
- Flooring: Carpet, Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 0
- Total interior livable area: 4,558 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: Three
- Stories: 3
- Fencing: Fenced
Lot
- Size: 3,049 Square Feet
- Features: Zero Lot Line
- Topography: Level,Level
Details
- Parcel number: 00700260130000
- Zoning: C-2-MC
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: 5 or More Units
Materials
- Shingle Siding, Lap Siding
- Foundation: Brick/Mortar
- Roof: Composition,Elastomeric
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Electric
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $760,786
- Annual tax amount: $9,674
- Price range: $1.1M - $1.1M
- Date on market: 11/25/2024
- Tenant pays: Cable TV, Electricity, Gas
- Income includes: Rent Only
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2025 | Sold | $1,062,000-7.7%$233/sqft |
Source: MetroList Services of CA #224128993 Report a problem | ||
| 11/30/2024 | Pending sale | $1,150,000$252/sqft |
Source: MetroList Services of CA #224128993 Report a problem | ||
| 11/25/2024 | Listed for sale | $1,150,000-16.4%$252/sqft |
Source: MetroList Services of CA #224128993 Report a problem | ||
| 7/31/2024 | Listing removed | $1,375,000$302/sqft |
Source: MetroList Services of CA #224063421 Report a problem | ||
| 7/9/2024 | Listed for sale | $1,375,000+167%$302/sqft |
Source: MetroList Services of CA #224063421 Report a problem | ||
| 6/27/2002 | Sold | $515,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,674 +1.4% | $760,786 +2% |
| 2024 | $9,537 +2.4% | $745,869 +2% |
| 2023 | $9,310 +1.8% | $731,245 +2% |
| 2022 | $9,148 +4.9% | $716,908 +2% |
| 2021 | $8,725 -0.6% | $702,852 +1% |
| 2020 | $8,780 +2.1% | $695,646 +2% |
| 2019 | $8,596 +2.7% | $682,007 +2% |
| 2018 | $8,373 +1.4% | $668,636 +2% |
| 2017 | $8,254 +2.2% | $655,527 +2% |
| 2016 | $8,075 +5.6% | $642,675 +1.5% |
| 2015 | $7,649 | $633,023 +2% |
| 2014 | $7,649 | $620,624 +12.7% |
| 2013 | -- | $550,771 +17% |
| 2012 | -- | $470,745 |
| 2011 | -- | $470,745 -4% |
| 2010 | -- | $490,361 -15.3% |
| 2008 | -- | $579,214 +2% |
| 2007 | -- | $567,858 +2% |
| 2006 | -- | $556,724 +2% |
| 2005 | -- | $545,809 +2% |
| 2004 | -- | $535,107 +1.9% |
| 2003 | -- | $525,300 +242.6% |
| 2002 | -- | $153,307 +2% |
| 2001 | -- | $150,302 +2% |
| 2000 | -- | $147,356 |
Find assessor info on the county website
Neighborhood: Boulevard Park
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Nearby schools
GreatSchools rating
- 8/10Theodore Judah Elementary SchoolGrades: K-6Distance: 1.3 mi
- 7/10Miwok MiddleGrades: 7-8Distance: 0.6 mi
- 6/10C. K. McClatchy High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$1,042,500
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Estimated market value
$1,042,500
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