1823 P St, Sacramento, CA

$1,515,000

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0.15

Acres

About 1823 P St

1823 P Street, an extensively renovated, five-unit multifamily asset located in the heart of Sacramento's highly sought-after Midtown neighborhood. Rebuilt nearly to the studs, the property has undergone a comprehensive renovation, including new electrical and plumbing systems, a new roof, dual-pane windows, new wood siding, reinforced foundation, in-unit washers and dryers, modern interiors, and new appliances. The result is a turnkey investment that delivers the benefits of new construction while preserving the timeless charm and architectural character that make Midtown so desirable. The thoughtfully renovated units feature spacious layouts, abundant natural light, and select residences offer soaring ceilings and oversized windows that enhance the living experience. Residents also enjoy the convenience of in-unit laundry, contemporary finishes, and a walkable urban lifestyle in one of Sacramento's most vibrant neighborhoods. Ideally situated within walking distance of Midtown's renowned restaurants, cafs, breweries, entertainment venues, medical centers, The Ice Blocks, and countless neighborhood amenities, 1823 P Street offers tenants an exceptional live-work-play environment that continues to drive strong rental demand. For investors, the property presents a rare opportunity to acquire a truly turnkey asset with virtually no deferred maintenance or near-term capital expenditure requirements. Backed by Sacramento's strong employment base, limited multifamily supply, and the growing affordability gap between renting and homeownership, 1823 P Street is well-positioned to provide stable cash flow and long-term appreciation in one of Northern California's most resilient rental markets.

Features of 1823 P St

MLS® # 226097093
Price $1,515,000
Acres 0.15
Year Built 1915
Type Residential Income
Sub-Type 5 or More Units
Status Pending

Community Information

Address 1823 P St
Area 10811
City Sacramento
County Sacramento
State CA
Zip Code 95811

Amenities

Parking Street
Has Pool No

Interior

Interior Vinyl,Wood
Appliances Dishwasher,Disposal,Electric Cook Top,Varies By Unit,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Freezer
Heating Electric,Hot Water
Cooling Wall Unit(s),MultiUnits
Fireplace No

Exterior

Lot Description Curbs/Gutters,Sidewalk,Landscape Back,Landscape Front
Foundation Concrete, Slab

School Information

District Sacramento Unified
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Additional Information

Zoning R-3A

Listing Details

OfficeALIVE Commercial Real Estate

Listing Map

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