Home | Sacramento County | Sacramento | 95817 | 2823 U St
MLS: ME226072899 | Status: | Price: $1,495,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 7,830 | 6,534 | – |
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.
| Field | Value |
|---|---|
| MLS # | ME226072899 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Flooring | Vinyl |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Foundation | Raised |
| Feature | Details |
|---|---|
| Garage/Parking | Covered Parking, Garage: 0 Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Zoning | RES |
David DeLoney
Marcus & Millichap Real Estate
License #: 02045150
Phone: (916) 832-8571
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 10 | 10 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 700 | 1 | 1/0 | $1,190 | – | – |
School data provided by GreatSchools.org
| 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 |
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This listing information is up-to-date as of June 08, 2026. For the most current information, please contact David DeLoney, (916) 832-8571.