7,152 sqft · $294/sqft · 0.26 acres
Residential Income · Multi Family · Built 1907 · 12 days on Properkey
Rare Midtown investment opportunity on iconic Capitol Avenue. This six‑unit residential income property offers classic Sacramento character, long‑term tenancy, and exceptional walkability in one of the city's most desirable urban neighborhoods. Just steps from cafes, restaurants, boutique shops, and the Capitol grounds, this location consistently attracts strong renter demand. The building features six well kept units with original charm and reliable in place income. Tenants enjoy off‑street parking a valuable amenity in Midtown and a fenced yard that adds privacy and usable outdoor space. With stable occupancy and a prime location, the property presents a compelling value add opportunity for investors looking to enhance rents over time through strategic improvements or gradual turnover. Midtown remains one of Sacramento's strongest rental markets, driven by proximity to downtown employers, public transit, major freeways, and year‑round cultural amenities. Properties of this size and location seldom come available 2408 Capitol Ave is a standout addition to any Sacramento portfolio.
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Data last updated: October 20, 2026 7:12 PM PT
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