- CENTURY 21 Real Estate
- California
- Sacramento
- 2226 Sutterville Road
2226 Sutterville Road, Sacramento, CA 95822
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
2226 Sutterville Road,Sacramento, CA 95822
$2,400,000
- - Beds
- - Baths
- 8,275 sq. ft.
- Multi-family
- Active
Listed by: isaac merritt
Office: alive commercial real estate
MLS#:226006314
Source:MFMLS
Price summary
- Price:$2,400,000
- Price per sq. ft.:$290.03
About this home
Sutterville Apartments is a well-maintained 15-unit multifamily investment offering exceptional value-add potential in an irreplaceable Sacramento location. The property features an attractive unit mix of (5) studios, (9) one-bedroom/one-bath units, and (1) two-bedroom/one-bath unita combination consistently in high demand among renters and supportive of minimal vacancy. With rents currently below market, a new owner has the opportunity to realize significant income upside through modest operational and management improvements, without the need for major capital expenditures. Upon stabilization, the property is projected to deliver north of a 7% cash-on-cash return, making Sutterville Apartments a compelling investment in one of Sacramento's most desirable infill corridors. Sacramento's housing pipeline has slowed considerably, with projected inventory growth of just 1.1% in 2025, even as employment gains and new household formation continue to accelerate. Sutterville Apartments offers investors the opportunity to acquire a well-maintained asset at a meaningful discount to replacement cost, precisely as interest rates begin to decline. Favorable market dynamics are creating positive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical levels.
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Home facts
- Year built:1939
- Listing ID #:226006314
- Added:11 day(s) ago
- Updated:January 31, 2026 at 04:47 PM
Rooms and interior
- Living area:8,275 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1939
- Building area:8,275 sq. ft.
- Lot area:0.32 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$290.03
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