1505 E Street | MLS #226036269 | RE/MAX California & Hawaii
 
  • 76 days on site
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Historic triplex opportunity in Sacramento's desirable Mansion Flats. Built in 1900, this classic property showcases timeless architectural character including high ceilings, original built-ins and vintage detailing that reflect the charm of early Sacramento homes. The property features three units, with two currently occupied and one vacant, offering immediate income with the potential to increase rents and add value over time. When fully occupied, the property generates approximately $5,000 per month in rental income. It's ideal for local investors, 1031 exchange buyers or someone who wants to rent two units and live in one. Located in the heart of downtown Sacramento, the home sits near restaurants, coffee shops, nightlife, and the vibrant downtown core, making it an attractive location for tenants seeking walkability and urban convenience. This historic property presents a value-add opportunity for investors looking to restore and improve a classic Sacramento triplex. With some deferred maintenance and cosmetic updates, the property offers significant upside while preserving its historic charm. A rare chance to own a turn-of-the-century income property in one of Sacramento's most character-rich neighborhoods.

Source: MetroList MLS, MLS#: 226036269

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  • Property Type
    Residential Income
  • Lot
    0.07 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 1505 E 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
6/7/2026Source: MetroList MLS Price Reduction
$798,000 -5.9%
4/15/2026Source: MetroList MLS Added to Database
April 15, 2026
Listing provided courtesy of Windermere Signature Properties Downtown- MLS# 226036269MLS Provider