2398 Oakmont Street, Sacramento, CA 95815

$1,200,000
3,230
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,200,000
MLS#
226087458
Status
ACTIVE
Living Sq. Ft
3,230
Square Footage
3230
Type
Single Family Residential
Zip
95815
City
Sacramento

Property Description

Excellent 6-unit investment opportunity in Old North Sacramento! This offering consists of two separate structures on one lot a 4-unit apartment building and a detached duplex giving investors flexibility for financing, management, or future planning. Units are predominantly 1 bedroom/1 bath floor plans with off-street parking for tenants. The property has been recently renovated within the last five years, with updated flooring, kitchens, bathrooms, and lighting throughout most units, offering a turnkey opportunity for a buyer seeking strong cash flow with minimal deferred maintenance. Located near Arden Way and Del Paso Blvd, the property offers tenants convenient access to everyday amenities and major destinations. Nearby shopping centers and the Arden Fair Mall provide a wide range of retailers and dining options, while Discovery Park and the American River offer great outdoor recreation, along with Bannon Creek Parkway and Governor's Mansion State Historic Park close by. Commuters benefit from easy access to Business 80, Highway 99, and Highway 50, keeping Downtown/Midtown Sacramento within easy reach, with the Royal Oaks light rail station conveniently close for those who prefer transit. Kaiser Foundation Hospital - Sacramento and Sacramento International Airport are both easily accessible, and Sacramento City College, American River College, and Sacramento State are all within a short drive as well. With historically strong occupancy and rents currently below market, this property presents immediate cash flow with meaningful upside for the next owner. The two-building configuration on a single lot adds versatility rarely found in properties of this size, whether the buyer's strategy is long-term hold or continued value-add improvements. Don't miss this North Sacramento multifamily opportunity contact the listing agent for financials, rent roll, and to schedule a showing.

Additional Information

Land Area (Acres)
0.1418
Year Built
1961
Subtype
5 or More Units
Subtype Description
Apartments
Construction
Frame, Wood
Foundation
Raised
Stories
2
Garage
Open, Other
Floor Coverings
Luxury Vinyl Plank, Other
Laundry Description
Other
Cooling
Wall Unit(s), Window Unit(s)
Heat
Wall Furnace
Water
Public
Utilities
Sewer In & Connected, Natural Gas Connected
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart ICARE Realty.

metrolist logo

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 .

Terms of Use