Home | Sacramento County | Sacramento | 95814 | 1505 E St
MLS: ME226036269 | Status: Active | Price: $715,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,336 | 3,049 | – |
Major Price Improvement Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats neighborhood. Now fully occupied and generating $4,470 per month / $53,640 annually in gross rental income, this value-add opportunity is ideal for investors, contractors, or 1031 exchange buyers looking for immediate income with future upside. Current rents are Unit A: $1,425/month, Unit B: $1,050/month, and Unit C: $1,995/month. Original built-ins, high ceilings and vintage architectural details provide the foundation for a thoughtful restoration, while future improvements offer an opportunity to enhance the property's long-term value. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants and entertainment, this property offers a compelling combination of location, character and income potential. Whether you're looking to renovate, reposition or hold as a long-term investment, this fully occupied triplex presents a unique opportunity in Sacramento's central city.
| Field | Value |
|---|---|
| MLS # | ME226036269 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 155 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Oven - Gas, Refrigerator |
| Flooring | Other |
| Cooling | Ceiling Fan, Central Forced Air, Varies by Unit, Window/Wall Unit |
| Heating | Central Forced Air, Varies by Unit, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Raised |
| Style | Bungalow |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Garage: 0 Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Zoning | RES |
Zaida Gilwee
Windermere Signature Properties Downtown
License #: 01956019
Phone: (916) 330-0490
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 0 | 1 | 1/0 | $1,425 |
| 2 | 0 | 1 | 1/0 | $1,050 |
| 3 | 0 | 2 | 1/0 | $1,995 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1214 23rd St | $695,000 | – | – | 2,298 | Active |
©2026 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 10, 2026. For the most current information, please contact Zaida Gilwee, (916) 330-0490.