P Street
Sacramento, CA 95816
2615 P Street represents one of Midtown's most premier multifamily offerings in the GRID, with stable cash flow and additional value-add opportunity through ADU (Accessory Dwelling Unit) development on the back half of the 0.15 acre parcel. The Property is being offered for sale at $1,500,000.00, reflective of a 4.87% capitalization rate on actual income and operating expenses, with reassessed property taxes. The fourplex consists of four, nearly identical, one bedroom one bathroom units with spacious 900 square foot floor plates consisting of living room, dining room, kitchen, bathroom, bedroom, and laundry room. The Property has had several tasteful renovations made to modernize the residents living experience while retaining the craftsman charm of this 1924 build. All units boast an
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| O Street, Sacramento, CA, 95816 | $1,650,000 | -- | -- | 2,834 | 2,834 SqFt |
| 26th Street, Sacramento, CA, 95816 | $1,095,000 | -- | -- | 3,600 | 3,600 SqFt |
| 2611 D Street, Sacramento, CA, 95816 | $1,040,000 | -- | -- | 3,655 | 3,655 SqFt |
| 38th Street, Sacramento, CA, 95816 | $1,475,000 | -- | -- | 3,003 | 3,003 SqFt |
| 26th Street, Sacramento, CA, 95816 | $695,000 | -- | -- | 1,885 | 1,885 SqFt |
| 1729 36th Street, Sacramento, CA, 95816 | $829,000 | -- | -- | 1,431 | 1,431 SqFt |
| 330 27th Street, Sacramento, CA, 95816 | $799,000 | -- | -- | 1,904 | 1,904 SqFt |
| 23rd Street, Sacramento, CA, 95816 | $845,000 | -- | -- | -- | |
| N Street, Sacramento, CA, 95816 | $1,150,000 | -- | -- | 2,500 | 2,500 SqFt |
| G Street, Sacramento, CA, 95816 | $1,080,000 | -- | -- | 4,000 | 4,000 SqFt |
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Nearby For Sale
ByOwner last updated this listing 06/09/2026 @ 05:24
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