1829 H St — Sale in Sacramento, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Sacramento, CA 95811

Photos

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Investment Figures

Cap rate
4.83%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present fee simple interest in 1829 H Street, a 4-unit multifamily dwelling located in the renowned Boulevard Park neighborhood of Midtown Sacramento. This property is comprised of all two-bedroom/one-bathroom units with 855 net rentable square feet. Residents are attracted to the superb location in the heart of Midtown Sacramento, while enjoying the comfort of large units with central HVAC. Within a short walking distance is the thriving J street corridor with boutique shops, retail stores, restaurants, and some of Sacramento's most popular nightlife venues. Besides the weekend pleasures, 1829 H Street is in the region's job center, with close proximity to both Capitol Mall and the State Capitol. Current ownership has replaced the roof at the tail-end of 2025 alongside replacing two HVAC units and repainting the whole property. All four units have been improved throughout resident turnover, with most recently having installed new carpet in all units, upgraded lighting, and upgrading countertops in select units. With one unit currently vacant, investors have an opportunity to fill the vacancy at market rents to increase cashflow or utilize the vacancy for owner occupancy. The next investor will enjoy the opportunity to purchase a turn-key investment with high demand, and an option to maximize rent potential by deploying funds into updated appliances, updated finishes, and capitalize on an empty yet ready laundry room. All tours must be scheduled through the listing agents. Please do not disturb management. Investment Highlights: • Highly Desirable 2 Bed / 1 Bath Units with Central A/C • Irreplaceable Location in Boulevard Park of Midtown Sacramento • Roof Replaced in 2025 • 2 out of 4 HVAC Units replaced in 2025 • Walk-in Closets

Market Context

This multifamily in Sacramento, CA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Sacramento, CA — view the full market.

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