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2230 Sutterville Road

Sacramento, CA 95822
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SqFt8,275

Sqft(Lot)

Acres

Acres (Lot)

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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 a 10% cash-on-cash return, making Sutterville Apartments a compelling investment in one of Sacramento's most desirable infill corridors. Sacramento's housing p ipeline 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,295,000

AD Id : 74341938

MLS Id : 226006314

Living Area Size : 8,275

County : Sacramento

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Laminate, Vinyl, Luxury Vinyl Plank
  • Interior Features

    Laundry Features: Washer/Dryer Leased, In Common Area
  • Heating & Cooling

    Heating: Wall Furnace Cooling: Wall Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1939 Stories: 2 Construction Materials: Brick, Stucco Basement: Storage Area Foundation Details: Raised
  • Exterior Features

    Foundation Details: Raised
  • Laundry Features

    Washer/Dryer Leased, In Common Area

  • Lot Information

    Lot Description: Shape Regular Lot Square Feet: 13,939 Main Square Feet: 8,275

    Property Information

    Property Type: Residential Income Sub Type: 5 or More Units SQ ft (Living Area): 8,275 Construction Materials: Brick,Stucco Property Age: 87 Cross Street: Freeport Source Neighborhood: 10822 Area: Sacramento S: 95822 Zoning: c-2 Living Area Source: Not Verified Structure Type: Apartments

    Farm Info

    Irrigation Source: Public District

  • Listing Price Information

    Listing Id: 226006314 List Price: $2,295,000 List Price Tot SqFt: $277

  • Tax Information

    Parcel Number: 018-0021-007-000

  • Parking Information

    Parking Total: 15 Open

  • Elementary School District: Sacramento Unified
    Junior High School District: Sacramento Unified
    Senior High School District: Sacramento Unified
  • Utility Information

    Sewer Connected, City, Electric
  • Location Information

    Direction: Directly across from Sacramento City College. Between the cross streets of Freeport Blvd and 24th St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Riverside Boulevard, Sacramento, CA, 95822 $345,000 -- -- -- Acres (Lot)--
43rd Avenue, Sacramento, CA, 95822 $2,095,000 -- -- 8,615 Acres (Lot)--

ByOwner last updated this listing 06/10/2026 @ 00:18

MLS: 226006314 LISTED BY: Isaac Merritt, ALIVE Commercial Real Estate SOURCE: MLS Metrolist

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