1505 E Street, Sacramento, CA 95814

Sacramento
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
1505 E Street,Sacramento, CA 95814
$715,000
  • - Beds
  • - Baths
  • 2,336 sq. ft.
  • Multi-family
  • Active
Listed by: zaida gilwee
Office: windermere signature properties downtown
MLS#:226036269
Source:MFMLS

Price summary

  • Price:$715,000
  • Price per sq. ft.:$306.08

About this home

Major Price Improvement Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats neighborhood. Now fully occupied and generating $4,470 per month / $53,640 annually in gross rental income, this value-add opportunity is ideal for investors, contractors, or 1031 exchange buyers looking for immediate income with future upside. Current rents are Unit A: $1,425/month, Unit B: $1,050/month, and Unit C: $1,995/month. Original built-ins, high ceilings and vintage architectural details provide the foundation for a thoughtful restoration, while future improvements offer an opportunity to enhance the property's long-term value. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants and entertainment, this property offers a compelling combination of location, character and income potential. Whether you're looking to renovate, reposition or hold as a...

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Home facts

  • Year built:1900
  • Listing ID #:226036269
  • Added:155 day(s) ago
  • Updated:September 17, 2026 at 03:52 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Free Standing Gas Oven, Free Standing Refrigerator
  • Living area:2,336 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central, Varies by Unit, Window Unit(s)
  • Heating:Central, Varies by Unit, Wall Furnace

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1900
  • Building area:2,336 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Landscape Front, Shape Regular
  • Construction Materials:Wood
  • Exterior Features:Covered Deck, Uncovered Patio
  • Foundation Description:Raised Foundation
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$715,000
  • Price per sq. ft.:$306.08

Features and amenities

  • Appliances:Dishwasher
  • Laundry features:In Each Unit

Parking

  • Total parking spaces:3
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 17, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules. MFMLS Member Broker: William Aboumrad

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