Multifamily Property for Sale in Sacramento, CA

  • Price: $1.4M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Sacramento, CA 95832

Description

If you're scouting for raw potential, 3.3 acres of adjacent land at that corner is currently for sale (~$1.45M), zoned R1 but easily re-zoneable to C-2 (commercial). It’s a high-visibility site, near I-5 and part of a historically underserved "green zone" in need of amenities like grocery services. Prime location for Multi-unit development. Land Size: 3.4 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Sacramento, CA is listed for sale at $1,450,000. It has been on the market for 39 days. Compare it against other multifamily listings for sale in Sacramento, CA — <a href="/search/sale/multifamily/california/sacramento">view the full market</a>.

As of Q3 2023, the Sacramento multifamily market showed a 3.8% vacancy rate. Source: Consensus Q3 2023 market report.

Tight vacancy keeps competition for quality space elevated.

Multifamily market FAQ

Is the Sacramento multifamily market tightening or softening?
Vacancy is around 3.8% (Q3 2023).

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