1209 U St Immeuble residentiel 8 lots 1 557 540 € (194 692 €/Lot) Taux de capitalisation 4,32 % Sacramento, CA 95818

Marcus & Millichap is pleased to present 1209-1213 U Street Apartments for sale in Sacramento, CA. This charming 8-unit property features eight 1Bed/1Bath units spanning 600 square feet each.
Situated in the heart of Downtown Sacramento, 1209-1213 Street offers a unique opportunity for investors to acquire a well-located community with significant value-add potential. Single story duplex-style cottages with garages are difficult to find in Downtown Sacramento, especially on a double wide .29-acre lot. Adding garages and laundry hookups to the mix makes this a true gem. The average home payment at the end of 2024 in Sacramento was $3,752, a whopping $1,770 higher than the average apartment rent ($1,982). Demand for housing like provided at 1209-1213 U Street will remain strong and continue to put upward pressure on rental rates given the lack of Multifamily construction starts forecasted.
Original hardwood floors? Check. Vintage bathroom tile? Check. No upstairs noise, individual water heaters, pitched roofs and garages? Check. Downtown walkability out your adorable front white gate? Check. These units beg for a new owner to bring retro appliances and fixtures back to the kitchen to complete the appeal.
This offering is ideal for investors seeking a value-add opportunity in one of Sacramento’s most desirable submarkets.
For access to due diligence materials or to schedule a site tour, please contact the listing agents directly.