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2230-2226 Sutterville Rd, Sacramento, CA, 95822

11beds
2baths
8,275sqft
$2,295,000
$277price/sqft
$15,469/moest. monthly cost
$618,760/yrincome needed

About This Home

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.

Getting Around

84
WalkingVery Walkable
46
TransitSome Transit
94
BikeBiker's Paradise

Schools

4/10
California Middle SchoolGrades 7-81.0 mi
6/10

Construction

Condition

  • Year built: 1939

Materials

  • Construction materials: Brick,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: 5 or More Units

Interior

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate,Vinyl,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall Unit(s)

Interior Area

  • Total interior livable area: 8,275 sqft

Property

Details

  • Parcel number: 0180021007000
  • Zoning description: c-2
  • Special condition: Offer As Is

Lot

  • Lot size: 0.32 Acres

Parking

  • Total spaces: 15
  • Parking features: Open