1505 E Street, Sacramento, CA 95814
Local realty services provided by:CENTURY 21 Masters
1505 E Street,Sacramento, CA 95814
$715,000
- - Beds
- - Baths
- 2,336 sq. ft.
- Multi-family
- Active
Listed by: zaida gilwee
Office: windermere signature properties downtown
MLS#:226036269
Source:MFMLS
Price summary
- Price:$715,000
- Price per sq. ft.:$306.08
About this home
Major Price Improvement Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats neighborhood. Now fully occupied and generating $4,470 per month / $53,640 annually in gross rental income, this value-add opportunity is ideal for investors, contractors, or 1031 exchange buyers looking for immediate income with future upside. Current rents are Unit A: $1,425/month, Unit B: $1,050/month, and Unit C: $1,995/month. Original built-ins, high ceilings and vintage architectural details provide the foundation for a thoughtful restoration, while future improvements offer an opportunity to enhance the property's long-term value. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants and entertainment, this property offers a compelling combination of location, character and income potential. Whether you're looking to renovate, reposition or hold as a long-term investment, this fully occupied triplex presents a unique opportunity in Sacramento's central city....
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Home facts
- Year built:1900
- Listing ID #:226036269
- Added:154 day(s) ago
- Updated:September 16, 2026 at 03:14 PM
Rooms and interior
- Kitchen Description:Dishwasher, Free Standing Gas Oven, Free Standing Refrigerator
- Living area:2,336 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central, Varies by Unit, Window Unit(s)
- Heating:Central, Varies by Unit, Wall Furnace
Structure and exterior
- Roof:Composition Shingle
- Year built:1900
- Building area:2,336 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Landscape Front, Shape Regular
- Construction Materials:Wood
- Exterior Features:Covered Deck, Uncovered Patio
- Foundation Description:Raised Foundation
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$715,000
- Price per sq. ft.:$306.08
Features and amenities
- Appliances:Dishwasher
- Laundry features:In Each Unit
Parking
- Total parking spaces:3
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