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2228 Edison Avenue, Sacramento, CA 95821

Sacramento
Local realty services provided by:CENTURY 21 Baldini Real Estate, Inc.
2228 Edison Avenue,Sacramento, CA 95821
$11,650,000
  • 100 Beds
  • 3 Baths
  • 51,120 sq. ft.
  • Multi-family
  • Active
Listed by: michael mathios
Office: cushman & wakefield
MLS#:225148783
Source:CABCREIS

Price summary

  • Price:$11,650,000
  • Price per sq. ft.:$227.9

About this home

The Marion Apartments is well-maintained 69-unit multi-family community located in the Arden Arcade submarket. Approximately 80% of the units have upgraded interiors, the exterior was recently painted within the last 3 years, and there is a great opportunity to increase the income stream by converting all the units to Section 8 tenants over time. The property's quality and current income being collected make it an attractive investment day one with future growth potential. We have a call for offers scheduled for December 16th.

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Home facts

  • Year built:1986
  • Listing ID #:225148783
  • Added:98 day(s) ago
  • Updated:March 12, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:100
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:3
  • Kitchen Description:Dishwasher, Disposal, Free-Standing Electric Range, Gas Water Heater
  • Living area:51,120 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1986
  • Building area:51,120 sq. ft.
  • Lot area:2.62 Acres
  • Lot Features:Irregular Lot, Sidewalk
  • Construction Materials:Frame, Wood Siding
  • Exterior Features:Balcony/Deck, Uncovered Patio
  • Foundation Description:Concrete, Slab
  • Levels:2 Story

Utilities

  • Water:Water District
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$11,650,000
  • Price per sq. ft.:$227.9

Features and amenities

  • Appliances:Dishwasher, Disposal, Free-Standing Electric Range, Gas Water Heater, Washer/Dryer Leased
  • Laundry features:Common Area, Washer/Dryer Leased

Parking

  • Total parking spaces:105
  • Parking description:Carport, Off Street, Open
  • Carport spaces:69
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