1808 P Street, Sacramento, CA 95811
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1808 P Street,Sacramento, CA 95811
$1,450,000
- - Beds
- - Baths
- 5,431 sq. ft.
- Multi-family
- Active
Listed by: isaac merritt
Office: alive commercial real estate
MLS#:226028861
Source:MFMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$266.99
About this home
1808 P St is a charming nine-unit multifamily investment opportunity located in the heart of Sacramento's strongest and most desirable rental submarketMidtown. The property consists of five one-bedroom/one-bath units and four studio units, blending timeless architectural character with today's sought-after urban lifestyle. Each residence features high ceilings, large windows providing abundant natural light, as well as the convenience of on-site laundry. Ideally situated within walking distance to Sacramento's most notable restaurants, bars, medical centers, The Ice Blocks, and the full spectrum of Midtown amenities, 1808 P Street offers residents an unmatched live-work-play environment. The next owner will benefit from a well-performing, fully occupied asset with significant upside potential through rent growth, achievable without the need for immediate capital expenditures. Supported by Sacramento's strong rental fundamentals, limited new supply, and a widening gap between the cost to rent and the cost to own, 1808 P Street represents a stable, long-term investment in one of the region's most resilient multifamily markets. Well-Maintained Nine-Unit Property. Charming Early-1900s Architecture with Historic Character. Fully Occupied, Reflecting Strong and Consistent Rental Demand. Attractive 6.01% In-Place Cap Rate with Significant Rent-Growth Potential. Tenant-Friendly Amenities Including On-Site Laundry and a Tranquil Shared Backyard Space. Excellent Location in Midtown, Close to the Ice Blocks....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:226028861
- Added:63 day(s) ago
- Updated:May 14, 2026 at 02:55 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Dishwasher, Gas Cook Top, Microwave
- Living area:5,431 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Heating:Gas
Structure and exterior
- Roof:Composition Shingle
- Year built:1900
- Building area:5,431 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Landscape Back, Landscape Front
- Construction Materials:Stucco, Wood, Wood Siding
- Exterior Features:Balcony/Deck
- Foundation Description:Concrete
- Levels:3 Story
Utilities
- Sewer:Sewer in Street
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$266.99
Features and amenities
- Appliances:Dishwasher, Microwave
- Laundry features:In Common Area
Parking
- Total parking spaces:2
New listings near 1808 P Street
- New
$519,990Active3 beds 3 baths1,303 sq. ft.6 Kierland Place, Elk Grove, CA 95758
MLS# 226060395Listed by: THE ADVANTAGE GROUP - Open Sat, 12 to 3pmNew
$629,000Active4 beds 3 baths2,804 sq. ft.3001 Bergamo Court, Sacramento, CA 95833
MLS# 226057789Listed by: COMPASS - New
$2,000,000Active3 beds 3 baths3,372 sq. ft.400 Crocker Road, Sacramento, CA 95864
MLS# 226036908Listed by: NICK SADEK SOTHEBY'S INTERNATIONAL REALTY - Open Sat, 11am to 2pmNew
$597,000Active3 beds 2 baths1,780 sq. ft.4380 Briarwood Drive, Sacramento, CA 95821
MLS# 226043643Listed by: COLDWELL BANKER REALTY - Open Sat, 4 to 6pmNew
$650,000Active3 beds 2 baths1,883 sq. ft.450 Forastera Circle, Sacramento, CA 95834
MLS# 226045973Listed by: KW SAC METRO - Open Sat, 1 to 3pmNew
$2,050,000Active4 beds 3 baths3,159 sq. ft.640 Lake Wilhaggin Drive, Sacramento, CA 95864
MLS# 226056539Listed by: HOUSE REAL ESTATE - Open Fri, 4 to 6pmNew
$499,999Active3 beds 2 baths1,323 sq. ft.3402 Zalema Way, Sacramento, CA 95834
MLS# 226057345Listed by: KW SAC METRO - New
$255,000Active2 beds 1 baths897 sq. ft.8613 La Riviera Dr #A, Sacramento, CA 95826
MLS# 226059961Listed by: FIRST INTEGRITY REALTY - New
$475,000Active4 beds 3 baths1,605 sq. ft.167 Creekside Circle, Sacramento, CA 95823
MLS# 226060497Listed by: ALL CITY HOMES - Open Sat, 11am to 2pmNew
$709,000Active4 beds 3 baths1,708 sq. ft.4285 65th Street, Sacramento, CA 95820
MLS# 226060660Listed by: BLAKEHILL REAL ESTATE