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Triplex Co-Housing Opportunity
For Sale
Contact for pricing
Pending

2271 Grove Avenue, Sacramento, CA 95815

Three-unit income property with an updated main home and mini-split HVAC across the residences.

Property SizeContact for details
Days on Market147

Property Features for 2271 Grove Avenue

General Information

Standard status Pending
Property subtype Special Purpose, Land
Listing Agency: Compass
Listed By: Paloma Begin · License #CA 01254423
Source: Crexi
Added: Apr 12 Changed: Aug 26 Last Checked: Sep 2 at 10:28AM

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 Compass

Investment Insights

Based on property information with market context.

This three-unit triplex includes a spacious main house with 3 bedrooms, 1 updated bathroom, a high-quality updated kitchen, and hardwood floors. The home also features a new electrical panel and new mini-split HVAC, plus a full basement with a second bath. The property further offers a cozy 1-bedroom apartment and a separate 1-bedroom cottage, each with new mini-split HVAC, and the cottage includes a new roof and gutters as well as its own laundry.

An oversized garage/workshop/storage structure with alley access adds additional flexibility. Outside, the property sits on an approximately 0.31-acre irrigated lot with fruit trees, many flowers and shrubs, and both sunny and shaded outdoor spaces.

Located near Southpaw Sushi, King Cong’s Brewery, Artspace1616, Shift Coffee, Schiff’s Antiques, Fringe, and the Light Rail, the layout suits buyers looking for an on-site co-housing style arrangement with multiple separate residences.

Key Highlights

  • Three‑unit income property featuring an updated main home plus a 1‑bed apartment and a large 1‑bedroom cottage
  • Main house includes 3 bedrooms, 1 updated bath, a high‑quality updated kitchen, hardwood floors, and a full basement with a 2nd bath
  • Main home upgrades include a new electrical panel and new mini split HVAC

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store Plumbing Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby

Demographics for 95815, CA

27,838
Population
10,527
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
3,615
Density / Sq Mi
$58,590
Median Household Income
$37,199
Median Earnings
$1,448
Median Rent
$298,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit income property with an updated main home and mini-split HVAC across the residences.
Where is this triplex located?
The property is located at 2271 Grove Avenue Sacramento, CA.
What are key features of this property?
This property features: Three‑unit income property featuring an updated main home plus a 1‑bed apartment and a large 1‑bedroom cottage; Main house includes 3 bedrooms, 1 updated bath, a high‑quality updated kitchen, hardwood floors, and a full basement with a 2nd bath; Main home upgrades include a new electrical panel and new mini split HVAC
More about this property
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