1823 P St, Sacramento, CA 95811
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1823 P St,Sacramento, CA 95811
$1,615,000
- - Beds
- - Baths
- 3,485 sq. ft.
- Multi-family
- Active
Listed by: isaac merritt
Office: alive commercial real estate
MLS#:226097093
Source:MFMLS
Price summary
- Price:$1,615,000
- Price per sq. ft.:$463.41
About this home
1823 P Street, an extensively renovated, five-unit multifamily asset located in the heart of Sacramento's highly sought-after Midtown neighborhood. Rebuilt nearly to the studs, the property has undergone a comprehensive renovation, including new electrical and plumbing systems, a new roof, dual-pane windows, new wood siding, reinforced foundation, in-unit washers and dryers, modern interiors, and new appliances. The result is a turnkey investment that delivers the benefits of new construction while preserving the timeless charm and architectural character that make Midtown so desirable. The thoughtfully renovated units feature spacious layouts, abundant natural light, and select residences offer soaring ceilings and oversized windows that enhance the living experience. Residents also enjoy the convenience of in-unit laundry, contemporary finishes, and a walkable urban lifestyle in one of Sacramento's most vibrant neighborhoods. Ideally situated within walking distance of Midtown's renowned restaurants, cafs, breweries, entertainment venues, medical centers, The Ice Blocks, and countless neighborhood amenities, 1823 P Street offers tenants an exceptional live-work-play environment that continues to drive strong rental demand. For investors, the property presents a rare opportunity to acquire a truly turnkey asset with virtually no deferred maintenance or near-term capital expenditure requirements. Backed by Sacramento's strong employment base, limited multifamily supply, and the growing affordability gap between renting and homeownership, 1823 P Street is well-positioned to provide stable cash flow and long-term appreciation in one of Northern California's most resilient rental markets....
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Home facts
- Year built:1915
- Listing ID #:226097093
- Added:1 day(s) ago
- Updated:August 01, 2026 at 03:07 PM
Rooms and interior
- Flooring:Vinyl, Wood Floors
- Kitchen Description:Dishwasher, Disposal, Electric Cook Top, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Freezer
- Living area:3,485 sq. ft.
Heating and cooling
- Cooling:Multi-Units, Wall Unit(s)
- Heating:Electric, Hot Water
Structure and exterior
- Year built:1915
- Building area:3,485 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Landscape Back, Landscape Front
- Construction Materials:Stucco, Wood Siding
- Foundation Description:Concrete, Slab
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,615,000
- Price per sq. ft.:$463.41
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cook Top, Free Standing Electric Oven, Free Standing Electric Range
- Laundry features:In Common Area, In Each Unit, Washer/Dryer Owned
- Amenities:Formal Entry
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