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Six-Unit Apartment Building
For Sale
$1,285,000

2749 Fairfield Street, Sacramento, CA 95815

Residential Income, Sacramento, CA

Property Size3,186 SF
Lot Size0.39 Acres
Price / SF$403.33
Days on Market132

Property Features for 2749 Fairfield Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-1
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
Parking 6
Lot features Sidewalk, Curb(s)
Elementary school district Sacramento Unified
Middle school district Sacramento Unified
High school district Sacramento Unified
Directions From Altos Ave, turn left on Eleanor Ave. then right on Fairfield St.
Subdivision Sacto Arden/Arcade Creek/Vicinity:10815
Standard status Active
APN 26301320330000
Size 3,186 SF
Lot size 0.39 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Building Details

Year built 1958
Floors in Building 1
Number of units 6
Flooring type Laminate
Building materials Wood Siding, Wood
Listing Agency: Luxe Places International Realty
Listed By: Julio Caceres · License #01863748
Added: Jun 5 Changed: Sep 13 Last Checked: Oct 14 at 6:06PM
MLS# 226062640

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property contains six units, with each residence configured as one bedroom and one bathroom. The 3,186-square-foot building was constructed in 1958 and features wood siding, laminate flooring, and central heating. Public water and public sewer serve the property, which occupies a 0.3914-acre lot in Sacramento, California.

The property is zoned R-1. Section 8 is welcomed, providing a stated leasing consideration for prospective residents. Its six-unit format and consistent one-bedroom, one-bathroom layout offer a clearly defined residential configuration for multifamily ownership.

Key Highlights

  • Six apartment units, each with 1 bedroom and 1 bathroom
  • 3,186 square feet on a 0.3914‑acre lot
  • Constructed in 1958 with wood siding

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,046
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,920 $1.0M
Cap Rate 7%
$714,943 $714.9K
Cap Rate 9%
$556,067 $556.1K
Market Conditions
NOI Build-Up for 3,186 SF
Gross rent
$95.6K $30.00/SF
− Vacancy
−$4.6K −$1.44/SF
EGI
$91.0K $28.56/SF
− OpEx
−$40.9K −$12.85/SF
NOI
$50.0K $15.71/SF
Area
Sacramento, CA
Vacancy
4.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,920
Cap Rate 7%
$714,943
Cap Rate 9%
$556,067

Alternative Uses

Best Use
Apartment 5plus
$714.9K
$625.6K – $834.1K (±1% cap)
NOI $50,046 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$856.1K
$749.1K – $998.8K (±1% cap)
NOI $59,929 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic HVAC Service

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

570
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Wood-sided property with central heating, laminate flooring, and public water and sewer service.
Where is this apartment building located?
The property is located at 2749 Fairfield Street Sacramento, CA.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Six apartment units, each with 1 bedroom and 1 bathroom; 3,186 square feet on a 0.3914‑acre lot; Constructed in 1958 with wood siding
More about this property
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