Prime 8-Unit Multifamily Investment Opportunity - Located near I-80, this 8-unit apartment community provides steady rental income with significant potential for future appreciation. Situated on a 0.24-acre lot with 4,326 rentable square feet, the property consists of two buildings. The front building features a spacious 3-bed, 1-bath unit facing Connie Dr, plus a separate studio apartment. The back building is a two-story structure with six 1-bed, 1-bath apartments three on the ground level and three upstairs, all with exterior access. Amenities include onsite parking, storage sheds, and a small indoor space for laundry machines. Tenant-occupied with below-market rents, this Sacramento property generates $9,825/month with a 7.29% cap rate. With remodeling and rent upside, it offers strong investment potential in a convenient Sacramento location!
Accepting backups
$1,095,000
2612 Connie Dr, Sacramento, CA 95815
4beds
4,326sqft
Est.:
5 or More Units
Built in 1953
-- sqft lot
$1,038,800 Zestimate®
$253/sqft
$-- HOA
What's special
Separate studio apartmentTwo-story structureOnsite parkingStorage shedsExterior access
- 59 days
- on Zillow |
- 148 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 09:30am
Listed by:
DRE #02019200 916-761-1481,
Realty ONE Group Complete,
Sidney Bazett DRE #02024834 530-306-8791,
Realty ONE Group Complete
Source: MetroList Services of CA,MLS#: 225025366
Originating MLS: MetroList Services, Inc.

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air, Window Unit(s)
Features
- Flooring: Carpet, Linoleum
Interior area
- Total structure area: 4,326
- Total interior livable area: 4,326 sqft
Property
Parking
- Total spaces: 7
- Parking features: Uncovered
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 10,454.4 Square Feet
Details
- Zoning: R-1
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco
- Roof: Composition,Tar/Gravel,Flat
Condition
- Year built: 1953
Community & HOA
HOA
- Has HOA: No
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $253/sqft
- Price range: $1.1M - $1.1M
- Date on market: 3/21/2025
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