---
listing_id: ME226072899
status: Active
price: 1495000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 7830
sqft_lot: 6534
lot_acres: 
year_built: 
property_type: Residential Income
property_subtype: 
address: "2823 U St"
city: Sacramento
state: CA
zip: 95817
county: "Sacramento County"
lat: 38.5618146
lng: -121.473471
days_on_market: 0
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "David DeLoney"
list_office: "Marcus & Millichap Real Estate"
list_agent_phone: "(916) 832-8571"
list_agent_license: 02045150
mls_source: REMTRO
modified: 2026-06-08
transaction_type: buy
---

Home | Sacramento County | Sacramento | 95817 | 2823 U St

2823 U St, Sacramento, CA 95817

MLS: ME226072899 | Status: | Price: $1,495,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
7,830 6,534

Remarks

2823 U Street, a well-located 10-unit apartment community in one of Sacramento's most desirable urban neighborhoods. Situated just blocks from the vibrant Midtown corridor and in close proximity to East Sacramento, the property benefits from strong tenant demand driven by its walkability, access to major employment centers, and proximity to Sacramento's best dining, retail, and entertainment amenities. The property offers a compelling value-add opportunity through continued unit renovations and rent growth. Current operations indicate meaningful upside as units are modernized and rents are aligned with surrounding market-rate properties. The underwriting projects a significant increase in net operating income through a combination of rental upside, utility reimbursements, and operational efficiencies, creating a clear path to enhanced cash flow and long-term appreciation.

MLS Listing Information

Field Value
MLS # ME226072899
MLS Source MetroList Services, Inc.
Days on Site 0

Features

Interior Features

Feature Details
Appliances Other
Flooring Vinyl
Cooling Window/Wall Unit
Heating Wall Furnace

Exterior Features

Feature Details
Foundation Raised

Parking, School, and Other Information

Feature Details
Garage/Parking Covered Parking, Garage: 0 Car(s)
Sewer Public Sewer
Water Public
HOA Fee $0
Zoning RES

Contact Information

David DeLoney
Marcus & Millichap Real Estate
License #: 02045150
Phone: (916) 832-8571

Property Units

# Buildings # Leased Units # Total Units
1 10 10

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 700 1 1/0 $1,190

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
David Lubin Elementary School public K-6 0.88 mi 9
Miwok Middle public 7-8 0.94 mi 7
American Legion High (Continuation) School public 9-12 1.05 mi 2
Bret Harte Elementary School public K-6 1.23 mi 7
C. K. McClatchy High School public 9-12 1.29 mi 6
William Land Elementary School public K-6 1.31 mi 9
California Middle School public 7-8 1.41 mi 4
Father Keith B. Kenny Elementary School public K-6 1.45 mi 6
Washington Elementary public K-6 1.48 mi 4
Theodore Judah Elementary School public K-6 1.60 mi 8
Omoja International Academy public 7-12 1.79 mi 4
Crocker/Riverside Elementary School public K-6 1.83 mi 10
Ethel Phillips Elementary School public K-6 1.98 mi 4
Oak Ridge Elementary School public K-6 1.99 mi 5
Arthur A. Benjamin Health Professions High School public 9-12 2.02 mi 6
Leataata Floyd Elementary School public K-6 2.13 mi 2
Phoebe A. Hearst Elementary School public K-6 2.20 mi 10
Hollywood Park Elementary School public K-6 2.24 mi 5
Leonardo Da Vinci School public K-8 2.29 mi 7
Tahoe Elementary School public K-6 2.32 mi 5

Nearby Homes

Address Price Beds Baths Sq Ft Status
2006 U St $1,497,500 3,090 Active
1808 P St $1,399,000 5,431
2219 H St $1,725,000 4,301 Active
2018 G St $1,295,000 3,456 Active

Disclosures

©2026 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of June 08, 2026. For the most current information, please contact David DeLoney, (916) 832-8571.