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$1,515,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3,485 Sq. Ft.
  • Updated 3 days ago
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1823 P Street, an extensively renovated, five-unit multifamily asset located in the heart of Sacramento's highly sought-after Midtown neighborhood. Rebuilt nearly to the studs, the property has undergone a comprehensive renovation, including new electrical and plumbing systems, a new roof, dual-pane windows, new wood siding, reinforced foundation, in-unit washers and dryers, modern interiors, and new appliances. The result is a turnkey investment that delivers the benefits of new construction while preserving the timeless charm and architectural character that make Midtown so desirable. The thoughtfully renovated units feature spacious layouts, abundant natural light, and select residences offer soaring ceilings and oversized windows that enhance the living experience. Residents also enjoy the convenience of in-unit laundry, contemporary finishes, and a walkable urban lifestyle in one of Sacramento's most vibrant neighborhoods. Ideally situated within walking distance of Midtown's renowned restaurants, cafs, breweries, entertainment venues, medical centers, The Ice Blocks, and countless neighborhood amenities, 1823 P Street offers tenants an exceptional live-work-play environment that continues to drive strong rental demand. For investors, the property presents a rare opportunity to acquire a truly turnkey asset with virtually no deferred maintenance or near-term capital expenditure requirements. Backed by Sacramento's strong employment base, limited multifamily supply, and the growing affordability gap between renting and homeownership, 1823 P Street is well-positioned to provide stable cash flow and long-term appreciation in one of Northern California's most resilient rental markets.

Full Property Details for 1823 P St

General

  • Price: $1,515,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226097093
  • Updated: 8/25/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Formal Entry
  • Appliances: Dishwasher, Disposal, Electric Cook Top, Varies By Unit, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Freezer
  • Flooring: Vinyl, Wood

Rooms

Other Rooms

  • Laundry: In Common Area, Washer/Dryer Owned, In Each Unit

Parking

  • Parking: Street

Location

  • Area: 10811
  • County: Sacramento
  • Cross Streets: 19th St
  • Driving Directions: From Highway 50, take the 16th Street exit and head north. Turn right onto P Street and continue east to the property, located between 18th and 19th Streets in the heart of Midtown Sacramento. The property is conveniently located near Interstate 5, Business 80, Downtown Sacramento, the California State Capitol, and UC Davis Health.

School Information

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

Heating & Cooling

  • Cooling Type: Wall Unit(s), MultiUnits
  • Heating Type: Electric, Hot Water

Utilities

  • Sewer: Public Sewer
  • Water: Water District, Public
  • Utility Description: Sewer Connected, City, Electric, Natural Gas Connected

Structural Information

  • Construction: Stucco, Wood Siding
  • Foundation: Concrete, Slab
  • Stories/Levels: 2
  • Square Feet: 3,485
  • Sq. Ft. Source: Assessor Agent-Fill
  • Year Built: 1915

Unit Information

  • Studio/Effic Units: 1

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 1

Lot Features

  • Property View: City, City Lights, Downtown
  • Lot Size (Acres): 0.1469
  • Lot Size (Sq. Ft.): 6,399
  • Irrigation System: Public District, Irrigation District
  • Topography: Level
  • Zoning: R-3A
  • Lot Description: Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front

Disclosures and Reports

  • Special Conditions: Offer As Is
  • APN: 007-0242-018-0000

Listed by ALIVE Commercial Real Estate

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— 1823 P St —

  • ALIVE Commercial Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1823 P St

School District:Sacramento City Unified School District
NameGradesDistance
Theodore Judah Elementary School, Sacramento, CA
3919 McKinley Boulevard, Sacramento, CA 95819
K-61.9 mi
Miwok Middle
3150 I Street, Sacramento, CA 95816
7-81.2 mi
C. K. Mcclatchy High School
3066 Freeport Boulevard, Sacramento, CA 95818
9-121.6 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 1823 P St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2026
Listed
$1,515,000
83.64%
MLS
10/30/2025
Sold
$825,000
—
Public Record
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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 1823 P St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,186
—
$825,000
160%
2025
$4,186
4%
$317,919
2%
2023
$4,033
—
$311,687
2%
2023
$4,033
2%
$305,577
2%
2022
$3,963
5%
$299,586
2%
2021
$3,785
-1%
$293,713
1%
2020
$3,806
2%
$290,702
2%
2019
$3,729
3%
$285,003
2%
2018
$3,635
1%
$279,416
2%
2017
$3,586
5%
$273,939
2%
2016
$3,423
1%
$268,568
2%
2015
$3,374
8%
$264,535
2%
2014
$3,122
—
$259,354
—
2013
$3,120
—
$258,183
—
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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Listed by ALIVE Commercial Real Estate

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1823 P St, Sacramento, CA 95811 (MLS# 226097093) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1823 P St is currently listed for $1,515,000 and was received on August 25, 2026. Want to learn more about 1823 P St? Do you have questions about finding other Single Family real estate for sale in Sacramento Downtown? You can browse all Sacramento Downtown real estate or contact a Coldwell Banker agent to request more information.

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