3516 P Street | MLS #226039628 | RE/MAX California & Hawaii
 
  • 81 days on site
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The dream income property, with one unit vacant and the other generating revenue for you! This duplex is positioned on the edge of Midtown and just moments from the coveted Fab 40s, this rare multi-unit offering is tucked into one of Sacramento's most charming and sought-after pockets where tree-lined streets, character homes, and lifestyle converge. Situated on a single parcel, the property features two well-appointed units, each with its own garage, and thoughtful separation, creating an ideal blend of privacy and functionality. The layout lends itself seamlessly to today's most in-demand living trends, whether you're seeking a high-performing investment, a house-hack opportunity, or a multi-generational living arrangement. The grounds are framed by mature landscaping and complemented by spacious private backyards, offering a sense of retreat that's increasingly hard to find in urban settings. Alley access (for one unit) adds another layer of convenience and long-term flexibility. Located close to all the magic and amenities this part of Sacramento has to offer. For the savvy buyer, this is a versatile asset with strong income potential and long-term upside. For the lifestyle-driven buyer, it presents an opportunity to curate, enhance, and truly elevate the space into something exceptional. Turnkey and ready for immediate use, or a canvas for your next level vision this is the kind of opportunity that aligns with where the market is headed. With one unit soon to be vacant, you could move in or upgrade while generating revenue from the other. Opportunities like this in this location are few and far between.

Source: MetroList MLS, MLS#: 226039628

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  • Property Type
    Residential Income
  • Lot
    0.15 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3516 P Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/17/2026Source: MetroList MLS Price Reduction
$683,000 -1.4%
5/21/2026Source: MetroList MLS Price Reduction
$693,000 -2.4%
5/3/2026Source: MetroList MLS Status Change
Active
4/20/2026Source: MetroList MLS Status Change
Pending
4/9/2026Source: MetroList MLS Added to Database
April 09, 2026
Listing provided courtesy of Dunnigan, REALTORS- MLS# 226039628MLS Provider