1823 P St, Sacramento, CA 95811
- $1,615,000
- 3,485
- SqFt
- List Price
- $1,615,000
- MLS#
- 226097093
- Status
- ACTIVE
- Living Sq. Ft
- 3,485
- Square Footage
- 3485
- Type
- Single Family Residential
- Zip
- 95811
- City
- Sacramento
Property Description
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.
Additional Information
- Land Area (Acres)
- 0.1469
- Year Built
- 1915
- Subtype
- 5 or More Units
- Subtype Description
- Apartments
- Construction
- Stucco, Wood Siding
- Foundation
- Slab, Concrete
- Stories
- 2
- Garage
- Street
- Floor Coverings
- Vinyl, Wood
- Laundry Description
- In Common Area, Washer/Dryer Owned, In Each Unit
- Kitchen Appliances
- Dishwasher, Disposal, Electric Cook Top, Varies By Unit, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Freezer
- Cooling
- Wall Unit(s), MultiUnits
- Heat
- Electric, Hot Water
- Water
- Water District, Public
- Utilities
- Sewer Connected, City, Electric, Natural Gas Connected
- Sewer
- Public Sewer
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Listing courtesy of ALIVE Commercial Real Estate.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .