3201 Rio Linda Boulevard, Sacramento, CA 95815
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
3201 Rio Linda Boulevard,Sacramento, CA 95815
$875,000
- - Beds
- - Baths
- 7,124 sq. ft.
- Multi-family
- Active
Listed by: marguerite crespillo
Office: exp realty of california inc
MLS#:226055898
Source:MFMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$122.82
About this home
Mixed-Use Investment Opportunity with Multiple Income Streams! Unique mixed-use property offering a combination of residential units and a freestanding church space on a .79-acre Mixed-zoned parcel, creating strong income potential with room to improve and add value. The property includes a church building of approximately 1,800 sq ft, featuring a kitchen area, two offices, storage room, and two bathrooms, currently leased month-to-month at $1,100/month. This flexible space opens the door for continued use as a place of worship or potential repurposing (buyer to verify). In addition, the property includes multiple residential units: a main house with 3 bedrooms and 1 bathroom (owner-occupied, with market rent upside); a detached 2-bedroom, 1-bath unit currently rented at $1,300/month; a separate 1-bedroom, 1-bath unit (prior rent $650/month); and a triplex consisting of one studio unit rented at $750/month, one 2-bedroom/1-bath unit rented at $950/month, and one 1-bedroom/1-bath unit (prior rent $850/month, currently being prepared for re-lease). Current actual rental income is approximately $4,100/month, with stabilized pro-forma income potential significantly higher once all units are at market rent. Most tenancies are month-to-month, offering flexibility for repositioning. Additional features include eight off-street parking spaces and a shared utility area with water heaters and a designated laundry space offering future income potential. Owner currently pays approximately $1,000/month for city water and garbage. This is a true value-add opportunity with several units producing income and others offering upside through lease stabilization, unit turns, and improved management. Ideal for investors looking to expand their portfolio with a property that has diverse income streams and long-term potential. Convenient Sacramento location with easy access to major roadways, services, and amenities. Buyer to verify all unit counts, square footage, zoning, rents, and condition. Bring your vision this is an opportunity you don't see every day....
Contact an agent
Home facts
- Year built:1962
- Listing ID #:226055898
- Added:100 day(s) ago
- Updated:August 13, 2026 at 03:07 PM
Rooms and interior
- Flooring:Varies by Unit
- Living area:7,124 sq. ft.
Heating and cooling
- Cooling:Varies by Unit
- Heating:Varies by Unit
Structure and exterior
- Roof:Composition Shingle
- Year built:1962
- Building area:7,124 sq. ft.
- Lot area:0.8 Acres
- Construction Materials:Frame
- Foundation Description:Raised Foundation
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$122.82
Features and amenities
- Laundry features:Varies by Unit
Parking
- Total parking spaces:8
New listings near 3201 Rio Linda Boulevard
- New
$899,000Active-- beds -- baths3,612 sq. ft.5555 Keoncrest Circle, SACRAMENTO, CA 95841
MLS# 82057194Listed by: DPL REAL ESTATE - New
$1,675,000Active5 beds 4 baths3,595 sq. ft.440 Mills Road, Sacramento, CA 95864
MLS# 226075357Listed by: RE/MAX GOLD SIERRA OAKS - New
$649,000Active3 beds 2 baths1,702 sq. ft.424 Hartnell Place, Sacramento, CA 95825
MLS# 226084749Listed by: ROGER HACKNEY - New
$499,500Active3 beds 2 baths1,488 sq. ft.435 Cedar River Way, Sacramento, CA 95831
MLS# 226093218Listed by: REDFIN CORPORATION - New
$499,900Active4 beds 2 baths1,438 sq. ft.3301 Huntsman Drive, Sacramento, CA 95826
MLS# 226098717Listed by: COLDWELL BANKER REALTY - New
$299,000Active2 beds 2 baths875 sq. ft.3943 Jasmine Street, Sacramento, CA 95838
MLS# 226099589Listed by: AMERICAN REALTY & FINANCIAL GROUP - New
$598,880Active4 beds 3 baths2,507 sq. ft.8856 Winemaker Way, Sacramento, CA 95828
MLS# 226102142Listed by: TAYLOR MORRISON SERVICES, INC - New
$596,375Active4 beds 3 baths2,449 sq. ft.8860 Winemaker Way, Sacramento, CA 95828
MLS# 226102146Listed by: TAYLOR MORRISON SERVICES, INC - New
$642,290Active4 beds 4 baths3,058 sq. ft.6824 Merlot Way, Sacramento, CA 95828
MLS# 226102151Listed by: TAYLOR MORRISON SERVICES, INC - New
$454,900Active3 beds 3 baths1,414 sq. ft.2055 Freya Walk, Sacramento, CA 95835
MLS# 226101852Listed by: THE ADVANTAGE GROUP