1517 17th Street, Sacramento, CA 95811
- $2,275,000
- 5,362
- SqFt
- List Price
- $2,275,000
- Price Change
- ▼ $113,000 1773270190
- MLS#
- 226015104
- Status
- ACTIVE
- Living Sq. Ft
- 5,362
- Square Footage
- 5362
- Type
- Single Family Residential
- Zip
- 95811
- City
- Sacramento
Property 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.
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Additional Information
- Land Area (Acres)
- 0.07
- Year Built
- 1923
- Subtype
- 5 or More Units
- Subtype Description
- Apartments
- Construction
- Stucco
- Foundation
- Concrete
- Stories
- 2
- Garage
- Offsite, See Remarks
- Floor Coverings
- Varies by Unit
- Laundry Description
- Washer/Dryer Owned, Washer/Dryer Hookups
- Cooling
- Ceiling Fan(s), Wall Unit(s), Ductless, Window Unit(s), Varies by Unit
- Heat
- Varies by Unit
- Water
- Meter on Site
- Utilities
- Other
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Collier's International.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .