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$715,000

  • For Sale
  • Active
  • Single Family
  • 2,336 Sq. Ft.
  • Updated 4 days ago
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Major Price Improvement Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats neighborhood. Now fully occupied and generating $4,470 per month / $53,640 annually in gross rental income, this value-add opportunity is ideal for investors, contractors, or 1031 exchange buyers looking for immediate income with future upside. Current rents are Unit A: $1,425/month, Unit B: $1,050/month, and Unit C: $1,995/month. Original built-ins, high ceilings and vintage architectural details provide the foundation for a thoughtful restoration, while future improvements offer an opportunity to enhance the property's long-term value. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants and entertainment, this property offers a compelling combination of location, character and income potential. Whether you're looking to renovate, reposition or hold as a long-term investment, this fully occupied triplex presents a unique opportunity in Sacramento's central city.

Full Property Details for 1505 E St

General

  • Price: $715,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226036269
  • Updated: 9/10/2026
  • Added to Site: 153 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Appliances: Free Standing Gas Oven, Free Standing Refrigerator, Dishwasher
  • Flooring: Other

Rooms

Other Rooms

  • Laundry: In Each Unit

Exterior

  • Exterior Features: Fenced Yard

Parking

  • Total Spaces: 3
  • Parking: Attached, Varies by Unit

Location

  • Area: 10814
  • County: Sacramento
  • Cross Streets: 16th Street
  • Driving Directions: North on 16th Street and then west on E Street

School Information

  • School District: Sacramento
  • Elem School District: Sacramento Unified
  • Midd School District: Sacramento Unified
  • High School District: Sacramento Unified

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central, Window Unit(s), Varies by Unit
  • Heating Type: Central, Wall Furnace, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Sewer Connected, Internet Available

Structural Information

  • Architectural Style: Two Story Bungalow
  • Construction Status: Varies by Unit
  • Construction: Wood
  • Foundation: Raised
  • Roof: Composition
  • Windows: Dual Pane Partial
  • Stories/Levels: 2
  • Square Feet: 2,336
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1900

Unit Information

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 2

Lot Features

  • Property View: Downtown
  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Irrigation System: None
  • Topography: Level
  • Zoning: RES
  • Lot Description: Shape Regular, Curbs/Gutters, Sidewalk, Landscape Front

Financial Considerations

  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Special Conditions: None
  • APN: 002-0131-019-0000

Listed by Windermere Signature Properties Downtown

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Listing agent

— 1505 E St —

  • Windermere Signature Properties Downtown

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1505 E St

School District:Sacramento City Unified School District
NameGradesDistance
Washington Elementary
520 18th St., Sacramento, CA 95814
K-60.2 mi
Miwok Middle
3150 I Street, Sacramento, CA 95816
7-81.3 mi
C. K. Mcclatchy High School
3066 Freeport Boulevard, Sacramento, CA 95818
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1505 E St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2026
Price Reduced
$715,000
-15.68%
MLS
4/15/2026
Listed
$848,000
109.38%
MLS
12/23/2005
Sold
$405,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1505 E St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,142
—
$519,268
2%
2025
$7,142
4%
$509,087
2%
2024
$6,888
3%
$499,106
2%
2023
$6,717
2%
$489,320
2%
2022
$6,590
5%
$479,726
2%
2021
$6,288
—
$470,321
1%
2020
$6,308
12%
$465,500
2%
2019
$5,656
3%
$456,374
2%
2018
$5,509
1%
$447,426
2%
2017
$5,433
3%
$438,654
2%
2016
$5,263
2%
$430,053
2%
2015
$5,185
3%
$423,594
2%
2014
$5,049
-7%
$415,297
-7%
2013
$5,433
—
$448,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Windermere Signature Properties Downtown

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1505 E Street, Sacramento, CA 95814 (MLS# 226036269) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1505 E Street is currently listed for $715,000 and was received on April 15, 2026. Want to learn more about 1505 E Street? Do you have questions about finding other Single Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.

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