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$1,350,000

  • Sold
  • Closed
  • Single Family
  • 7,830 Sq. Ft.
See This Home
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2823 U Street, a well-located 10-unit apartment community in one of Sacramento's most desirable urban neighborhoods. Situated just blocks from the vibrant Midtown corridor and in close proximity to East Sacramento, the property benefits from strong tenant demand driven by its walkability, access to major employment centers, and proximity to Sacramento's best dining, retail, and entertainment amenities. The property offers a compelling value-add opportunity through continued unit renovations and rent growth. Current operations indicate meaningful upside as units are modernized and rents are aligned with surrounding market-rate properties. The underwriting projects a significant increase in net operating income through a combination of rental upside, utility reimbursements, and operational efficiencies, creating a clear path to enhanced cash flow and long-term appreciation.

Full Property Details for 2823 U St

General

  • Sold For: $1,350,000
  • Status: Closed
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226072899
  • Added to Site: 103 day(s) ago

Interior

  • Flooring: Vinyl

Rooms

Other Rooms

  • Laundry: Other

Parking

  • Parking: Covered

Location

  • Area: 10817
  • County: Sacramento
  • Cross Streets: 29th Street
  • Driving Directions: South on Business 80, exit P Street, turn left onto 29th Street, Right onto U 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: Wall Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: City

Structural Information

  • Construction: Stucco
  • Foundation: Raised
  • Stories/Levels: 2
  • Square Feet: 7,830
  • Year Built: 1962

Unit Information

  • Studio/Effic Units: 1

Unit 1

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Irrigation System: Irrigation District
  • Zoning: RES
  • Lot Description: Landscape Back, Landscape Front

Disclosures and Reports

  • Special Conditions: None
  • APN: 010-0123-014-0000

Listed by Marcus & Millichap Real Estate
Sold by Non-MLS Office

Listing agent

— 2823 U St —

  • Marcus & Millichap Real Estate

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 2823 U St

School District:Sacramento City Unified School District
NameGradesDistance
Theodore Judah Elementary School, Sacramento, CA
3919 McKinley Boulevard, Sacramento, CA 95819
K-61.6 mi
Miwok Middle
3150 I Street, Sacramento, CA 95816
7-81 mi
C. K. Mcclatchy High School
3066 Freeport Boulevard, Sacramento, CA 95818
9-121.3 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 2823 U St

Date
Details
Price
Change
Source
9/23/2026
Sold
$1,350,000
-9.7%
MLS
7/07/2026
Listed
$1,495,000
—
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 Marcus & Millichap Real Estate
Sold by Non-MLS Office

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2823 U Street, Sacramento, CA 95817 (MLS# 226072899) is a Single Family property that was sold at $1,350,000 on September 23, 2026. Want to learn more about 2823 U 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.