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  • $2,400,000

    2230-2226 Sutterville Rd, Sacramento, CA 95822

    11beds
    8,275sqft
    : 
    5 or More Units
    Built in 1939
    -- sqft lot
    $2,268,900 Zestimate®
    $290/sqft
    $-- HOA

    What's special

    Sutterville Apartments is a well-maintained 15-unit multifamily investment offering exceptional value-add potential in an irreplaceable Sacramento location. The property features an attractive unit mix of (5) studios, (9) one-bedroom/one-bath units, and (1) two-bedroom/one-bath unita combination consistently in high demand among renters and supportive of minimal vacancy. With rents currently below market, a new owner has the opportunity to realize significant income upside through modest operational and management improvements, without the need for major capital expenditures. Upon stabilization, the property is projected to deliver north of a 7% cash-on-cash return, making Sutterville Apartments a compelling investment in one of Sacramento's most desirable infill corridors. Sacramento's housing pipeline has slowed considerably, with projected inventory growth of just 1.1% in 2025, even as employment gains and new household formation continue to accelerate. Sutterville Apartments offers investors the opportunity to acquire a well-maintained asset at a meaningful discount to replacement cost, precisely as interest rates begin to decline. Favorable market dynamics are creating positive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical levels.
    28 days
    |
    1,403
    |
    35
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 20, 2026 at 09:08am

    Listed by:

    Isaac Merritt DRE #02153945 530-401-1885,

    ALIVE Commercial Real Estate

    Source: MetroList Services of CA,MLS#: 226006314Originating MLS: MetroList Services, Inc.

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • Wall Unit(s)
    Features
    • Flooring: Laminate, Vinyl, Luxury Vinyl Plank
    • Has fireplace: No
    Interior area
    • Total interior livable area: 8,275 sqft

    Property

    Parking
    • Total spaces: 15
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 0180021007000
    • Zoning description: c-2
    • Special conditions: Offer As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 or More Units
    Materials
    • Brick, Stucco
    Condition
    • Year built: 1939

    Community & HOA

    Location
    • Region: Sacramento

    Financial & listing details

    • Price per square foot: $290/sqft
    • Price range: $2.4M - $2.4M
    • Date on market: 1/19/2026
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    Estimated market value

    $2,268,900

    $2.16M - $2.38M

    $1,447/mo

    Price history

    Price history
    DateEventPrice
    1/19/2026Listed for sale$2,400,000$290/sqft
    Source: MetroList Services of CA #226006314 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $14,021/mo
    Principal & interest
    $11701
    Property taxes
    $2320

      Climate risks

      Neighborhood: Sacramento City College

      Nearby schools

      GreatSchools rating

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