U Street
Sacramento, CA 95817
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 e
Property Details
Map
Map
Features
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Water/Sewer
Sewer: Public Sewer -
Flooring Information
Vinyl -
Interior Features
Laundry Features: Other -
Heating & Cooling
Heating: Wall Furnace Cooling: Wall Unit(s) WaterSource: Public
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Building Information
Year Built: 1962 Stories: 2 Construction Materials: Stucco Foundation Details: Raised -
Exterior Features
Foundation Details: Raised -
Laundry Features
Other
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Lot Information
Lot Description: Landscape Back, Landscape Front Lot Square Feet: 6,534 Stories: 2 Main Square Feet: 7,830Property Information
Property Type: Residential Income Sub Type: 5 or More Units SQ ft (Living Area): 7,830 Construction Materials: Stucco Property Age: 64 Cross Street: 29th Street Source Neighborhood: 10817 Area: Sacramento S: 95817 Zoning: RES Structure Type: ApartmentsFarm Info
Irrigation Source: Irrigation District
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Listing Price Information
Listing Id: 226072899 List Price: $1,495,000 List Price Tot SqFt: $191
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Tax Information
Parcel Number: 010-0123-014-0000
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Parking Information
Covered
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Elementary School District: Sacramento UnifiedJunior High School District: Sacramento UnifiedSenior High School District: Sacramento Unified
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Utility Information
City -
Location Information
Direction: South on Business 80, exit P Street, turn left onto 29th Street, Right onto U Street.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 12th Avenue, Sacramento, CA, 95817 | $389,999 | 3 | 1 | 1,222 | -- |
| Y Street, Sacramento, CA, 95817 | $2,495,000 | -- | -- | 9,600 | -- |
| San Jose Way, Sacramento, CA, 95817 | $379,000 | 3 | 2 | 1,134 | -- |
| Y Street, Sacramento, CA, 95817 | $475,000 | 2 | 1 | 1,039 | -- |
| 35th Street, Sacramento, CA, 95817 | $430,000 | 2 | 1 | 850 | -- |
| Shankar Alley, Sacramento, CA, 95817 | $699,000 | 3 | 3 | 2,082 | -- |
| San Jose Way, Sacramento, CA, 95817 | $450,000 | 3 | 2 | 1,394 | -- |
| 36th Street, Sacramento, CA, 95817 | $499,000 | 3 | 2 | 1,038 | -- |
| 40th Street, Sacramento, CA, 95817 | $360,000 | 2 | 1 | 1,008 | -- |
| 12th Avenue, Sacramento, CA, 95817 | $314,900 | 2 | 1 | 887 | -- |
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ByOwner last updated this listing 09/14/2026 @ 07:07
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