Three-Floor Multifamily
For Sale
$1,249,000
2822 D St, Sacramento, CA 95816
New construction offers separate floor access and flexible rental configurations in Sacramento.
Property Size2,965 SF
Price / SF$421.25
Days on Market17
Property Features for 2822 D St
General Information
Standard status
Active
Size
2,965 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
2026
Stories
3
Listing Agency:
USKO Realty
Listed By:
Dmitrii Lentsev · License #02211555
(415) 910-9560
Source:
Homesofgreatersacramento
Added: Aug 18
Changed: Sep 2
Last Checked: Sep 2 at 6:27PM
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 USKO Realty
Investment Insights
Based on property information with market context.
Built in 2026, this 2,965-square-foot multifamily property includes three floors, each with a private exterior entrance. Every floor provides three bedrooms and two bathrooms, allowing the building to be leased by floor or configured for room-by-room rentals. Interior details include tiled bathrooms, imperfect smooth wall texture, and contemporary finishes throughout.
Located at 2822 D St in Sacramento, the property is designed around flexible occupancy options and multiple rental formats. Its floor-by-floor arrangement gives each level a distinct entry while maintaining a consistent residential layout across the building.
Located at 2822 D St in Sacramento, the property is designed around flexible occupancy options and multiple rental formats. Its floor-by-floor arrangement gives each level a distinct entry while maintaining a consistent residential layout across the building.
Key Highlights
- 2,965‑square‑foot multifamily property built in 2026
- Three floors, each with a private exterior entrance
- Each floor includes 3 bedrooms and 2 bathrooms
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
$46,574
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
3.73%
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%
$931,480
$931.5K
Cap Rate 7%
$665,343
$665.3K
Cap Rate 9%
$517,489
$517.5K
Market Conditions
NOI Build-Up for 2,965 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
$89.0K $30.00/SF
− Vacancy
−$4.3K −$1.44/SF
EGI
$84.7K $28.56/SF
− OpEx
−$38.1K −$12.85/SF
NOI
$46.6K $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 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%
$931,480
Cap Rate 7%
$665,343
Cap Rate 9%
$517,489
Alternative Uses
Best Use
Apartment 5plus
$665.3K
$582.2K – $776.2K
NOI $46,574 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$796.7K
$697.2K – $929.5K
NOI $55,772 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,624
Businesses Nearby
Explore this area
Business Placement
Demographics for 95816, CA
18,606
Population
11,553
Households
1.6
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
6,891
Density / Sq Mi
$90,521
Median Household Income
$61,407
Median Earnings
$1,647
Median Rent
$789,700
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?
Multifamily property - New construction offers separate floor access and flexible rental configurations in Sacramento.
Where is this multifamily property located?
The property is located at 2822 D St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: 2,965‑square‑foot multifamily property built in 2026; Three floors, each with a private exterior entrance; Each floor includes 3 bedrooms and 2 bathrooms
