815 17th Street, Sacramento, CA 95811
Local realty services provided by:CENTURY 21 Masters
815 17th Street,Sacramento, CA 95811
$1,599,000
- - Beds
- - Baths
- 4,630 sq. ft.
- Multi-family
- Active
Listed by: heath paulat
Office: exp realty of california, inc.
MLS#:226074712
Source:MFMLS
Price summary
- Price:$1,599,000
- Price per sq. ft.:$345.36
About this home
NEW PRICE - $1,599,000 Historic Midtown Craftsman Fourplex + Flex Space $121,740 Annualized Scheduled Income A rare opportunity to acquire a stabilized multifamily property in the heart of Midtown Sacramento offering a compelling combination of income, historic character and flexibility. This 4,630 SF Craftsman fourplex generates $121,740 in annualized scheduled income, including garage income, with tenants paying their own gas and electric. At the new price, the property offers an approx. 4.9% cap rate based on normalized operating expenses. Originally built in 1900, 815 17th Street showcases the craftsmanship that makes Midtown properties so difficult to replicate, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors and extensive period millwork. The property consists of four income-producing residential units plus two income-producing garages, providing valuable off-street parking in the heart of Midtown. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area and living area. While not represented as a legal rental unit, the space provides exceptional flexibility for owner use, guests, home office, studio, fitness area, storage or other personal uses. The property has benefited from numerous improvements and ongoing maintenance, highlighted by the installation of a 50-year roof in 2022. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center and the R Street Corridor, with Midtown's restaurants, coffee shops, parks, nightlife and arts scene nearby. Now offered at $1,599,000, 815 17th Street presents a unique opportunity for investors, 1031 exchange buyers and owner-users seeking stabilized income, substantial square footage and irreplaceable historic character in one of Sacramento's most desirable urban neighborhoods....
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Home facts
- Year built:1900
- Subdivision & Development:Lake Canyon Estates
- Listing ID #:226074712
- Added:96 day(s) ago
- Updated:September 16, 2026 at 03:14 PM
Rooms and interior
- Flooring:Carpet, Tile Floor, Wood Floors
- Kitchen Description:Dishwasher, Disposal, Free Standing Electric Range, Free Standing Gas Range, Plumbed For Ice Maker
- Living area:4,630 sq. ft.
Heating and cooling
- Cooling:Central, Varies by Unit
- Heating:Central, Gas, Individual, Varies by Unit
Structure and exterior
- Roof:Composition Shingle
- Year built:1900
- Building area:4,630 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Landscape Back, Landscape Front, Shape Regular
- Construction Materials:Block, Frame, Masonry, Shingle Siding, Stone, Wood Siding
- Exterior Features:Balcony/Deck, Covered Patio
- Foundation Description:Concrete, Concrete Perimeter, Slab
- Levels:3 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$345.36
Features and amenities
- Appliances:Dishwasher, Disposal, Free Standing Electric Range, Plumbed For Ice Maker
- Laundry features:In Each Unit, Washer/Dryer Owned
Parking
- Total parking spaces:2
- Garage spaces:2
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