Estimated payment $9,834/month
Highlights
- 0.15 Acre Lot
- Property is near a park
- No HOA
- Miwok Middle School Rated A-
- Victorian Architecture
- 1-minute walk to James Marshall Park
About This Home
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 6,534 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Garden
- Front Yard
Home Design
- Victorian Architecture
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,852 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Laundry Room
Kitchen
- Gas Oven or Range
- Dishwasher
- Disposal
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Location
- Property is near a park
- Property is near public transit
Utilities
- Central Air
- No Heating
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 00700410200000
- $1 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 5 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Cable TV Expense $3,500
- Electric Expense $3,500
- Fuel Expense $3,000
- Insurance Expense $6,600
- Professional Management Expense $6,000
- Trash Expense $3,000
- Water Sewer Expense $3,000
- New Taxes Expense $16,600
- Operating Expense $36,800
- Gross Income $114,400
- Net Operating Income $77,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,011 | $1,437,936 | $376,728 | $1,061,208 |
| 2024 | $17,011 | $1,409,742 | $369,342 | $1,040,400 |
| 2023 | $16,611 | $1,382,100 | $362,100 | $1,020,000 |
| 2022 | $2,865 | $297,636 | $60,319 | $237,317 |
| 2021 | $2,746 | $291,801 | $59,137 | $232,664 |
| 2020 | $2,750 | $288,810 | $58,531 | $230,279 |
| 2019 | $2,697 | $283,148 | $57,384 | $225,764 |
| 2018 | $2,629 | $277,597 | $56,259 | $221,338 |
| 2017 | $2,592 | $272,155 | $55,156 | $216,999 |
| 2016 | $2,465 | $266,820 | $54,075 | $212,745 |
| 2015 | $2,427 | $262,813 | $53,263 | $209,550 |
| 2014 | $2,375 | $257,666 | $52,220 | $205,446 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | Price Changed | $1,600,000 | -3.0% | $415 / Sq Ft |
| 10/18/2024 10/18/24 | Price Changed | $1,650,000 | +3.1% | $428 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $1,600,000 | -- | $415 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2408879
APN: 007-0041-020