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Listed price in listed location currency (USD).
$1,495,000

000

MLS® 226072899

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7830 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1962
Avg. Price Per Sqft $190
MLS® Number 226072899

Property Address: 2823 U St, Sacramento, CA, 95817-1132

Average square foot calculated using Size range provided by listing agent.

Description

2823 U Street, a well-located 10-unit apartment community in one of Sacramento's most desirable urban neighborhoods. Situated just blocks from the vibrant Midtown corridor and in close proximity to East Sacramento, the property benefits from strong tenant demand driven by its walkability, access to major employment centers, and proximity to Sacramento's best dining, retail, and entertainment amenities. The property offers a compelling value-add opportunity through continued unit renovations and rent growth. Current operations indicate meaningful upside as units are modernized and rents are aligned with surrounding market-rate properties. The underwriting projects a significant increase in net operating income through a combination of rental upside, utility reimbursements, and operational efficiencies, creating a clear path to enhanced cash flow and long-term appreciation.
MLS® Number226072899
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
Basement
DrivewayCovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
2823 U St, Sacramento, CA

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