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Renovated Four-Unit Multifamily Investment
For Sale
$1,000,000

614 17th St, Sacramento, CA 95811

Renovated four-unit building with one-bedroom apartments, gated off-street parking, and on-site laundry facilities.

Property Size2,416 SF
Price / SF$1,666
Days on Market52

Property Features for 614 17th St

General Information

Standard status Active
Size 2,416 SF
Property subtype Multifamily
Occupancy 95%

Additional Details

Multifamily Units 4

Amenities

Located in Boulevard Park of Midtown Sacramento
Well Maintained & Recently Renovated
Off-Street Parking
Onsite Laundry Facility

Building Details

Building Size 2,416 SF
Units 4
Tenancy Multi
Listing Agency: Marcus & Millichap - Sacramento
Listed By: Ilya Pigman · License #License(s): CA: 02176981
Source: Marcusmillichap
Added: Jul 10 Changed: Aug 8 Last Checked: Aug 29 at 5:49AM

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 Marcus & Millichap - Sacramento

Investment Insights

Based on property information with market context.

Marcus & Millichap presents 614 17th Street, a thoughtfully renovated four-unit multifamily property featuring four spacious one-bedroom, one-bathroom apartments. Each unit offers approximately 600 rentable square feet. Residents benefit from gated off-street parking and on-site laundry facilities. Recent improvements include new carpet, fresh interior and exterior paint, new tile flooring in the entryways, kitchens, and bathrooms, energy-efficient lighting, and additional interior upgrades.

One unit is currently vacant, creating an immediate leasing opportunity. The three occupied units provide in-place income. As noted in the remarks, current market comparables indicate approximately 20% loss-to-lease on the occupied units. Tours must be scheduled through the listing agents, and management or residents should not be disturbed.

Key Highlights

  • Four‑unit multifamily property with four one‑bedroom, one‑bath units
  • Approximately 600 rentable SF per apartment
  • Gated off‑street parking plus on‑site laundry facilities for residents

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Locksmith Tanning Salon Fish Market

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,744
Businesses Nearby

Demographics for 95811, CA

12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
Median Home Value

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?
Quadplex - Renovated four-unit building with one-bedroom apartments, gated off-street parking, and on-site laundry facilities.
Where is this quadplex located?
The property is located at 614 17th St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four‑unit multifamily property with four one‑bedroom, one‑bath units; Approximately 600 rentable SF per apartment; Gated off‑street parking plus on‑site laundry facilities for residents
More about this property
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