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  • Price cut: $105K (3/4)
    $2,295,000

    2230-2226 Sutterville Rd, Sacramento, CA 95822

    11beds
    8,275sqft
    : 
    5 or More Units
    Built in 1939
    -- sqft lot
    $2,179,300 Zestimate®
    $277/sqft
    $-- HOA

    What's special

    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.
    63 days
    |
    800
    |
    31
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 09:38am

    Listed by:

    Isaac Merritt DRE #02153945 530-401-1885,

    ALIVE Commercial Real Estate

    Source: MetroList Services of CA,MLS#: 226006314Originating MLS: MetroList Services, Inc.

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Wall Furnace
      Cooling
      • Wall Unit(s)
      Features
      • Flooring: Laminate, Vinyl, Luxury Vinyl Plank
      • Has fireplace: No
      Interior area
      • Total interior livable area: 8,275 sqft

      Property

      Parking
      • Total spaces: 15
      • Parking features: Open
      Lot
      • Size: 0.32 Acres
      Details
      • Parcel number: 0180021007000
      • Zoning description: c-2
      • Special conditions: Offer As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5 or More Units
      Materials
      • Brick, Stucco
      Condition
      • Year built: 1939

      Community & HOA

      Location
      • Region: Sacramento

      Financial & listing details

      • Price per square foot: $277/sqft
      • Price range: $2.3M - $2.3M
      • Date on market: 1/19/2026
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        Estimated market value

        $2,179,300

        $2.07M - $2.29M

        $1,724/mo

        Price history

        Price history
        DateEventPrice
        3/4/2026Price change$2,295,000-4.4%$277/sqft
        Source: MetroList Services of CA #226006314 Report a problem
        1/19/2026Listed for sale$2,400,000$290/sqft
        Source: MetroList Services of CA #226006314 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $13,660/mo
        Principal & interest
        $11442
        Property taxes
        $2218
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          Climate risks

          Neighborhood: Sacramento City College

          Getting around

          84 / 100
          Very Walkable
          46 / 100
          Some Transit
          94 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

          Local experts in 95822