10-Unit Apartment Community with Garage Parking

2401-2409 24th Street, Sacramento, CA 95818

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Well-maintained 10-unit mix of studios and 1- and 2-bed units near downtown, with garage parking.

Type:Multifamily

Property size:

5,400 SF

Price / SF:

$337/SF

HighLights

10‑unit apartment community built in 1923 with a studio and 1- and 2‑bedroom unit mix
Well‑maintained property with select units recently renovated to help reduce immediate capital expenditure
Average rent is below market, offering potential for revenue growth through rent alignment
Garage parking on‑site, a sought‑after amenity where secure parking is limited in Midtown Sacramento
Located just minutes from Downtown Sacramento and the California State Capitol

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Listing Contact

David DeLoney

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For Sale

Contact for pricing

Well-maintained 10-unit mix of studios and 1- and 2-bed units near downtown, with garage parking.

Type:Multifamily

Property size:

5,400 SF

Price / SF:

$337/SF

Added:: Jun 17, 2026
Days on Market:: 4
Last Refresh:: Jun 20 at 7:50 am

Property Features for 2401-2409 24th Street

General Information

Standard status: Active
Size: 5,400 SF
Property subtype: Multifamily

Building Details

Year Built: 1923

We can help!

Listing Contact

David DeLoney

Listing agent David DeLoney License #CA 02045150

Listing office Marcus & Millichap - Sacramento

Listing date Jun 17, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Sacramento

HighLights

10‑unit apartment community built in 1923 with a studio and 1- and 2‑bedroom unit mix
Well‑maintained property with select units recently renovated to help reduce immediate capital expenditure
Average rent is below market, offering potential for revenue growth through rent alignment
Garage parking on‑site, a sought‑after amenity where secure parking is limited in Midtown Sacramento
Located just minutes from Downtown Sacramento and the California State Capitol

Overview

2401-2409 24th Street is a well-maintained 10-unit apartment community offering a diverse unit mix that includes studio, one-bedroom, and two-bedroom floor plans. The property is reported to be in excellent physical condition, with select units recently renovated, helping reduce immediate capital expenditure needs. Parking is provided via garage spaces, an amenity highlighted as particularly desirable in Midtown Sacramento where secure parking is limited.

The community is located just minutes from Downtown Sacramento and the California State Capitol, supporting convenient access to major employment and government destinations. Tours must be scheduled in advance, and prospective visitors are asked not to disturb management or residents.

For buyers seeking a manageable multifamily acquisition, the property’s combination of stable in-place operations and physical integrity may support a practical operating plan. The offering notes that average rent is below market, with the stated pathway to growth through strategic management and unit interior upgrades upon turnover, along with thoughtful rent realignment to market levels.

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Local Demand

City: Sacramento
County: Sacramento
State: California
Longitude: -121.48449
Latitude: 38.492932

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For sale
Apartment buildings
CA
Sacramento
95818
2401-2409 24th Street

What type of property is this?

Apartment building - Well-maintained 10-unit mix of studios and 1- and 2-bed units near downtown, with garage parking.

Where is this apartment building located?

The property is located at 2401-2409 24th Street Sacramento, CA.

What is the asking price?

The asking price for this property is $1,825,000.

What are key features of this property?

This property features: 10‑unit apartment community built in 1923 with a studio and 1- and 2‑bedroom unit mix; Well‑maintained property with select units recently renovated to help reduce immediate capital expenditure; Average rent is below market, offering potential for revenue growth through rent alignment