Sold on Aug 31, 2026 for $2,110,000

2230 Sutterville Rd, Sacramento, CA 95822

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8,275 sqft · $255/sqft · 0.32 acres

Residential Income · Multi Family · Built 1939

Description

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 pipeline 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.

Agent & source

Listed by
Isaac Merritt
Brokerage
ALIVE Commercial Real Estate
DRE
#02153945
MLS # 226006314 Source MetroList Services

Property details

Rooms & Layout

Laundry
Washer/Dryer Leased, In Common Area
Basement
Storage Area

Property Features

Lot features
Shape Regular

Building & Construction

Construction Materials
Brick, Stucco
Foundation
Raised

Exterior & Parking

Parking
Open

Interior & Comfort

Heating
Wall Furnace
Cooling
Wall Unit(s)
Flooring
Laminate, Vinyl, Luxury Vinyl Plank

Utilities

Water Source
Public
Sewer
Public Sewer
Sewer Connected, City, Electric
Irrigation
Public District

Nearby

Active Pending Closed Rental
Elementary
Sacramento Unified District
Middle
Sacramento Unified District
High
Sacramento Unified District

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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: October 19, 2026 5:20 PM PT
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