1808 P Street, Sacramento, CA 95811
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
1808 P Street,Sacramento, CA 95811
$1,225,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: isaac merritt
Office: alive commercial real estate
MLS#:226028861
Source:MFMLS
Sorry, we are unable to map this address
Price summary
- Price:$1,225,000
About this home
1808 P St is a charming nine-unit multifamily investment opportunity located in the heart of Sacramento's strongest and most desirable rental submarketMidtown. The property consists of five one-bedroom/one-bath units and four studio units, blending timeless architectural character with today's sought-after urban lifestyle. Each residence features high ceilings, large windows providing abundant natural light, as well as the convenience of on-site laundry. Ideally situated within walking distance to Sacramento's most notable restaurants, bars, medical centers, The Ice Blocks, and the full spectrum of Midtown amenities, 1808 P Street offers residents an unmatched live-work-play environment. The next owner will benefit from a well-performing, fully occupied asset with significant upside potential through rent growth, achievable without the need for immediate capital expenditures. Supported by Sacramento's strong rental fundamentals, limited new supply, and a widening gap between the cost to rent and the cost to own, 1808 P Street represents a stable, long-term investment in one of the region's most resilient multifamily markets. Well-Maintained Nine-Unit Property. Charming Early-1900s Architecture with Historic Character. Fully Occupied, Reflecting Strong and Consistent Rental Demand. Attractive 6.01% In-Place Cap Rate with Significant Rent-Growth Potential. Tenant-Friendly Amenities Including On-Site Laundry and a Tranquil Shared Backyard Space. Excellent Location in Midtown, Close to the Ice Blocks....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:226028861
- Added:189 day(s) ago
- Updated:September 17, 2026 at 01:44 AM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Dishwasher, Gas Cook Top, Microwave
Heating and cooling
- Cooling:Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Heating:Gas
Structure and exterior
- Roof:Composition Shingle
- Year built:1900
- Lot Features:Landscape Back, Landscape Front
- Construction Materials:Stucco, Wood, Wood Siding
- Exterior Features:Balcony/Deck
- Foundation Description:Concrete
- Levels:3 Story
Utilities
- Sewer:Sewer in Street
Finances and disclosures
- Price:$1,225,000
Features and amenities
- Appliances:Dishwasher, Microwave
- Laundry features:In Common Area
Parking
- Total parking spaces:2
New listings near 1808 P Street
- New
$398,000Active2 beds 1 baths1,168 sq. ft.5013 63rd Street, Sacramento, CA 95820
MLS# 226116756Listed by: KISMET REAL ESTATE - New
$459,900Active3 beds 2 baths1,615 sq. ft.1416 Lomas Way, Sacramento, CA 95822
MLS# 226113452Listed by: CAPITOL REAL ESTATE GROUP - New
$599,000Active3 beds 2 baths1,610 sq. ft.8082 Caribbean Way, Sacramento, CA 95826
MLS# 226115858Listed by: RE/MAX GOLD - New
$549,000Active5 beds 3 baths2,492 sq. ft.2956 Red Hawk Way, Sacramento, CA 95833
MLS# 226116028Listed by: WINDERMERE SIGNATURE PROPERTIES DOWNTOWN - New
Listed by ERA$1,880,088Active3 beds 3 baths3,379 sq. ft.400 Crocker Road, Sacramento, CA 95864
MLS# 226116165Listed by: ERA CARLILE REALTY GROUP - New
$550,000Active7 beds 3 baths3,746 sq. ft.1241 Arcade Boulevard, Sacramento, CA 95815
MLS# 226116512Listed by: NICK SADEK SOTHEBY'S INTERNATIONAL REALTY - New
$509,000Active3 beds 3 baths1,663 sq. ft.8095 Calle Royale Way, Sacramento, CA 95823
MLS# 226116513Listed by: COMPASS - New
$480,000Active3 beds 2 baths1,261 sq. ft.7993 Windgate Way, Sacramento, CA 95828
MLS# 226116540Listed by: EXP REALTY OF CALIFORNIA INC. - New
$559,990Active3 beds 3 baths1,546 sq. ft.2 Kierland Place, Elk Grove, CA 95758
MLS# 226116556Listed by: THE ADVANTAGE GROUP - New
$375,000Active2 beds 1 baths1,029 sq. ft.6315 34th Avenue, Sacramento, CA 95824
MLS# 226116602Listed by: COMPASS