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$995,000

  • Sold
  • Closed
  • Multi-Family
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Prime 8-Unit Multifamily Investment Opportunity - Now priced at $1,015,000 with an estimated cap rate of 6.4%-7.1%, depending on buyer's ownership costs. Current expenses remain low due to legacy ownership, creating room for buyers to optimize returns with modern management. Located near I-80 on a 0.24-acre lot, this 4,326 SF property features two buildings: a front structure with a 3-bed/1-bath unit and a studio, plus a rear two-story building with six 1-bed/1-bath units (three up, three down). Unit 2 is now vacant and receiving updates, offering immediate rental upside. Gross scheduled income is $9,825/month with below-market rents throughout. Amenities include onsite parking, storage sheds, and a small laundry room. Recent improvements include a new water heater installed in May 2025 on the front house and balcony WDO clearance completed in June 2025. In-place cash flow with clear value-add potential in a convenient Sacramento location.

Full Property Details for 2612 Connie Dr

General

  • Sold For: $995,000
  • Status: Closed
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 225025366
  • Added to Site: 303 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Flooring: Carpet, Linoleum

Rooms

Other Rooms

  • Laundry: Coin Operated, Washer/Dryer Leased, In Common Area, Washer/Dryer Owned

Parking

  • Total Spaces: 7
  • Parking: Uncovered

Location

  • Area: 10815
  • County: Sacramento
  • Cross Streets: El Camino Ave
  • Driving Directions: El Camino Ave to Connie Dr

School Information

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

Heating & Cooling

  • Cooling Type: Central, Window Unit(s)
  • Heating Type: Central

Utilities

  • Water: Water District
  • Utility Description: Sewer In & Connected, Other

Structural Information

  • Construction: Stucco
  • Foundation: Raised
  • Roof: Composition, Tar/Gravel, Flat
  • Stories/Levels: 2
  • Square Feet: 4,326
  • Year Built: 1953

Unit Information

  • Studio/Effic Units: 1

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,454
  • Irrigation System: Public District
  • Zoning: R-1
  • Lot Description: None

Disclosures and Reports

  • Special Conditions: Offer As Is
  • APN: 266-0332-007-0000

Listed by Realty ONE Group Complete
Sold by Real Estate Source Inc

Listing agents

— 2612 Connie Dr —

  • Realty ONE Group Complete

  • Realty ONE Group Complete

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 2612 Connie Dr

School District:Twin Rivers Unified School District
NameGradesDistance
D. W. Babcock Elementary School
2400 Cormorant Way, Sacramento, CA 95815
K-60.4 mi
Martin Luther King Jr. Technology Academy
3051 Fairfield Street, Sacramento, CA 95815
7-81.9 mi
Grant Union High School
1400 Grand Avenue, Sacramento, CA 95838
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2612 Connie Dr

Date
Details
Price
Change
Source
10/10/2025
Sold
$995,000
-1.97%
MLS
7/21/2025
Price Reduced
$1,015,000
-7.31%
MLS
3/20/2025
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty ONE Group Complete
Sold by Real Estate Source Inc

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2612 Connie Drive, Sacramento, CA 95815 (MLS# 225025366) is a Multi-Family property that was sold at $995,000 on October 10, 2025. Want to learn more about 2612 Connie Drive? Do you have questions about finding other Multi-Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.