For Sale
Property Photo

$2,275,000

For Sale

1517 17th St, Sacramento, CA 95811

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Property Highlights

Residential Income

Property Type

5 or More Units

Sub Type

1923

Year Built

5,362

Sq Ft

192

Days On Properkey

0.07

Lot (acres)

226015104

MLS #

METROLIST

MLS Source

Description

We are proud to present 1517 17th Street an exceptional investment opportunity in the Heart of Midtown Sacramento. The subject property is a fully remodeled, turn-key multifamily asset located in one of Midtown Sacramento's most vibrant and desirable neighborhoods. This rare offering provides a compelling combination of stabilized income, recent capital improvements, and significant upside potentialall at an attractive cap rate and below-market basis. The subject property consists of 13 Units Total: (5) Standard Studios, (5) Deluxe Studios, (2) 1BR/1BA Units, and (1) Spacious 1BR/1.5BA Unit. Upgrades include a new roof (TPO, installed 6 months ago), brand-new electrical system ($150,000+ invested), modern HVAC systems (Mini Splits & PTAC). The units include open floor plans, new appliances, refinished original hardwood floors, and updated lighting throughout. As you walk into the front door you will notice the upgrades interior hallways featuring new flooring, fresh paint, LED recessed lighting, and a secured access system. Located below the first floor is an on-site manager's office, full basement for storage, and washer/dryer hookups. Utilities (except water) are already tenant-paid; a RUBS system could add $25-$75/unit monthly by passing along water, sewer, and garbage costs. 1517 17th Street is situated on the corner of 17th & Q Streets, this asset is just one block from Midtown's bustling retail and entertainment core. Residents enjoy walkable access to boutique shops, parks, popular restaurants, breweries, and nightlife. The property also benefits from alley access, mature trees, and low-maintenance landscaping, enhancing its overall curb appeal and livability. Minutes to California State Capitol, Highway 50 & Highway 80, with easy access to Sacramento's best neighborhoods and surrounding desirable areas & employment.

Listed by Matthew S. Sarro • DRE #01942991 • Collier's International

Contact: (916) 616-5267

Contact: [email protected]

MLS #: 226015104
Source: MetroList Services

Property Features

Lot Features: Corner

Building & Construction

Construction Materials
Stucco
Foundation
Concrete

Interior & Comfort

Heating
Varies by Unit
Cooling
Ceiling Fan(s), Wall Unit(s), Ductless, Window Unit(s), Varies by Unit
Flooring
Varies by Unit

Utilities

Nearby

Active Pending Closed Rental

Elementary School

Sacramento Unified District

Middle School

Sacramento Unified District

High School

Sacramento Unified District

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: August 24, 2026 4:26 PM PT
Copyright © 2026 MetroList Services, Inc. All Rights Reserved.

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