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$340,000
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Property Description
A Rare development opportunity in the heart of downtown Sacramento! Development Highlights: 508 T Street & 509 Salons Alley... This project offers a rare "shovel-ready" opportunity in Sacramento, with major entitlements secured and only minor clerical items remaining for final permit issuance, A prime lot with approved building plans for a duplex and two ADU's on the same lot. Four units total featuring (two) One Bedroom ADU plans (600 SQ. FT. each) and a Two Bedroom Duplex plan with each unit featuring two bedrooms (totaling 1,104 SQ. FT. each). A great practical modern design with smart land planning. Permit ready opportunity with the design and approval process complete. Price of the lot includes architectural plans. The Seller might be open to seller carry terms regarding financing. This is a wonderful location due to being very central along with the close proximity to the State Capital, Freeways, Southside Park, cafes and restaurants. This is an incredible opportunity for a builder or investor whom is looking for a development opportunity or one that wants to build their own investment property portfolio with four rental units. Opportunities like this do not come up very often.
Full Property Details
Full Property Details for 508 Solons Alley
General
- Price: $340,000
- Status: Active
- Type: Residential Lots
- Source: METROLIST_Cali
- MLS ID: 226012860
- Updated: 2/14/2026
- Added to Site: 12 day(s) ago
Location
- County: Sacramento
- Cross Streets: 5th St.
- Driving Directions: 5th street to Solons Ally...
School Information
- School District: Sacramento
- Elem School District: Sacramento Unified
- Midd School District: Sacramento Unified
- High School District: Sacramento Unified
Utilities
- Sewer: Public Sewer, Other
- Water: Public
- Utility Description: Public
Structural Information
- Current Bldg. Use: Other
Lot Features
- Lot Size (Acres): 0.0688
- Lot Size (Sq. Ft.): 2,997
- Frontage: City Street, Paved
- Street/Road Desc.: Paved
- Irrigation System: None
- Topography: Mostly Level
- Development Status: Raw Land, Building Plans Filed, Building Site Cleared, Site Plan Approved, Surveyed
- Present Use: Other
- Potential Use: Residential
- Trees/Vegetation: None
- Crops: None
- Zoning: 2nd Unit Possible, Residential
- Lot Description: Other
Disclosures and Reports
- Special Conditions: Offer As Is, None
- APN: 009-0056-045-0000
Listed by Nick Sadek Sotheby's International Realty
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Schools
Schools serving 508 Solons Alley
School District:Sacramento City Unified School District
| Name | Grades | Distance |
|---|---|---|
William Land Elementary School 2120 12th Street, Sacramento, CA 95818 | K-6 | 0.5 mi |
Miwok Middle 3150 I Street, Sacramento, CA 95816 | 7-8 | 2.2 mi |
C. K. Mcclatchy High School 3066 Freeport Boulevard, Sacramento, CA 95818 | 9-12 | 1.7 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 508 Solons Alley
Date
Details
Price
Change
Source
2/09/2026
Listed
$340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 508 Solons Alley
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,868
—
$247,649
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 Solons Alley
508 Solons Alley, Sacramento, CA 95811 (MLS# 226012860) is a Residential Lots property with a lot size of 0.0688 acres. 508 Solons Alley is currently listed for $340,000 and was received on February 09, 2026. Want to learn more about 508 Solons Alley? Do you have questions about finding other Residential Lots real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.

