Four-Unit Multifamily with
For Sale
$1,075,000
2017 30th St, Sacramento, CA 95817
Renovated triplex plus a newly built 2025 accessory dwelling unit with modern interiors, HVAC, and in-unit laundry.
Property Size2,782 SF
Days on Market111
Property Features for 2017 30th St
General Information
Standard status
Active
Size
2,782 SF
Property subtype
Multifamily
Occupancy
97%
Additional Details
Cap Rate
4.88%
Multifamily Units
4
Amenities
Newly Built ADU - 2025
All Units Renovated with High Quality Upgrades
In-Unit Washers & Dryers
Central Heating & Air
SB721 Certified
Building Details
Building Size
2,782 SF
Units
4
Listing Agency:
Sacramento Office
Listed By:
Ilya Pigman · License #License(s): CA: 02176981
(916) 724-1323
Source:
Marcusmillichap
Added: May 18
Changed: Aug 7
Last Checked: Sep 4 at 2:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sacramento Office
Investment Insights
Based on property information with market context.
This four-unit multifamily property includes a fully renovated triplex with spacious one- and two-bedroom units, along with a newly constructed accessory dwelling unit (ADU) completed in 2025. The triplex renovation features interior and exterior upgrades, including luxury vinyl plank flooring, modern cabinetry, updated bathroom vanities and showers, and contemporary lighting fixtures. The ADU is designed for efficiency and durability with a tankless water heater and a mini-split HVAC system. For the triplex units, each unit is supported by central HVAC, individual water heaters, and in-unit laundry.
The asset is positioned in the East Sacramento submarket near Midtown, providing residents access to major local destinations, including Golden 1 Center and Downtown Commons (DOCO), as well as the Rail Yards Project. It is also close to several healthcare institutions, including Sutter Health (approximately 1.1 miles), UC Davis Health (approximately 1.2 miles), and Mercy General Hospital (approximately 1.8 miles).
The asset is positioned in the East Sacramento submarket near Midtown, providing residents access to major local destinations, including Golden 1 Center and Downtown Commons (DOCO), as well as the Rail Yards Project. It is also close to several healthcare institutions, including Sutter Health (approximately 1.1 miles), UC Davis Health (approximately 1.2 miles), and Mercy General Hospital (approximately 1.8 miles).
Key Highlights
- Four‑unit multifamily asset featuring a fully renovated triplex plus a newly constructed accessory dwelling unit (ADU) completed in 2025
- Triplex upgrades include luxury vinyl plank flooring, modern cabinetry, updated bathroom vanities and showers, and contemporary lighting fixtures
- ADU features tankless water heater and mini‑split HVAC for efficient heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,480
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$949,600
$949.6K
Cap Rate 7%
$678,286
$678.3K
Cap Rate 9%
$527,556
$527.6K
Market Conditions
NOI Build-Up for 2,782 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.8K $25.80/SF
− Vacancy
−$3.9K −$1.42/SF
EGI
$67.8K $24.38/SF
− OpEx
−$20.3K −$7.31/SF
NOI
$47.5K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$949,600
Cap Rate 7%
$678,286
Cap Rate 9%
$527,556
Alternative Uses
Best Use
Multifamily LT 5
$678.3K
$593.5K – $791.3K
NOI $47,480 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$624.3K
$546.3K – $728.3K
NOI $43,700 @ 7.0% cap · market cap 4.07%
Theoretical Best
Specialty Retail
$747.6K
$654.1K – $872.2K
NOI $52,329 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 95817, CA
14,270
Population
7,014
Households
2
Avg Household Size
35
Median Age
48%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
6,204
Density / Sq Mi
$64,621
Median Household Income
$46,117
Median Earnings
$1,511
Median Rent
$500,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Renovated triplex plus a newly built 2025 accessory dwelling unit with modern interiors, HVAC, and in-unit laundry.
Where is this quadplex located?
The property is located at 2017 30th St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Four‑unit multifamily asset featuring a fully renovated triplex plus a newly constructed accessory dwelling unit (ADU) completed in 2025; Triplex upgrades include luxury vinyl plank flooring, modern cabinetry, updated bathroom vanities and showers, and contemporary lighting fixtures; ADU features tankless water heater and mini‑split HVAC for efficient heating and cooling
