2612 Connie Drive, Sacramento, CA 95815

Local realty services provided by:ERA Carlile Realty Group
2612 Connie Drive,Sacramento, CA 95815
$1,015,000
  • - Beds
  • - Baths
  • 4,326 sq. ft.
  • Multi-family
  • Pending
Listed by:megan kelley
Office:realty one group complete
MLS#:225025366
Source:MFMLS

Price summary

  • Price:$1,015,000
  • Price per sq. ft.:$234.63

About this home

Prime 8-Unit Multifamily Investment Opportunity - Now priced at $1,015,000 with an estimated cap rate of 6.4%-7.1%, depending on buyer's ownership costs. Current expenses remain low due to legacy ownership, creating room for buyers to optimize returns with modern management. Located near I-80 on a 0.24-acre lot, this 4,326 SF property features two buildings: a front structure with a 3-bed/1-bath unit and a studio, plus a rear two-story building with six 1-bed/1-bath units (three up, three down). Unit 2 is now vacant and receiving updates, offering immediate rental upside. Gross scheduled income is $9,825/month with below-market rents throughout. Amenities include onsite parking, storage sheds, and a small laundry room. Recent improvements include a new water heater installed in May 2025 on the front house and balcony WDO clearance completed in June 2025. In-place cash flow with clear value-add potential in a convenient Sacramento location.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1953
  • Listing ID #:225025366
  • Added:194 day(s) ago
  • Updated:October 01, 2025 at 07:18 AM

Rooms and interior

  • Living area:4,326 sq. ft.

Heating and cooling

  • Cooling:Central, Window Unit(s)
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingle, Flat, Tar/Gravel
  • Year built:1953
  • Building area:4,326 sq. ft.
  • Lot area:0.24 Acres

Finances and disclosures

  • Price:$1,015,000
  • Price per sq. ft.:$234.63
MLS LogoMetroList MLS 2025. 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: October 1, 2025. 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.

New listings near 2612 Connie Drive