1517 17th Street, Sacramento, CA 95811
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1517 17th Street,Sacramento, CA 95811
$2,388,000
- - Beds
- - Baths
- 5,362 sq. ft.
- Multi-family
- Active
Listed by: matthew sarro
Office: collier's international
MLS#:226015104
Source:MFMLS
Price summary
- Price:$2,388,000
- Price per sq. ft.:$445.36
About this home
We are proud to present 1517 17th Street an exceptional investment opportunity in the Heart of Midtown Sacramento. The subject property is a fully remodeled, turn-key multifamily asset located in one of Midtown Sacramento's most vibrant and desirable neighborhoods. This rare offering provides a compelling combination of stabilized income, recent capital improvements, and significant upside potentialall at an attractive cap rate and below-market basis. The subject property consists of 13 Units Total: (5) Standard Studios, (5) Deluxe Studios, (2) 1BR/1BA Units, and (1) Spacious 1BR/1.5BA Unit. Upgrades include a new roof (TPO, installed 6 months ago), brand-new electrical system ($150,000+ invested), modern HVAC systems (Mini Splits & PTAC). The units include open floor plans, new appliances, refinished original hardwood floors, and updated lighting throughout. As you walk into the front door you will notice the upgrades interior hallways featuring new flooring, fresh paint, LED recessed lighting, and a secured access system. Located below the first floor is an on-site manager's office, full basement for storage, and washer/dryer hookups. Utilities (except water) are already tenant-paid; a RUBS system could add $25-$75/unit monthly by passing along water, sewer, and garbage costs. 1517 17th Street is situated on the corner of 17th & Q Streets, this asset is just one block from Midtown's bustling retail and entertainment core. Residents enjoy walkable access to boutique shops, parks, popular restaurants, breweries, and nightlife. The property also benefits from alley access, mature trees, and low-maintenance landscaping, enhancing its overall curb appeal and livability. Minutes to California State Capitol, Highway 50 & Highway 80, with easy access to Sacramento's best neighborhoods and surrounding desirable areas & employment.
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Home facts
- Year built:1923
- Listing ID #:226015104
- Added:1 day(s) ago
- Updated:February 24, 2026 at 03:52 PM
Rooms and interior
- Living area:5,362 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Varies by Unit, Wall Unit(s), Window Unit(s)
- Heating:Varies by Unit
Structure and exterior
- Year built:1923
- Building area:5,362 sq. ft.
- Lot area:0.07 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,388,000
- Price per sq. ft.:$445.36
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