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2612 Q Street, Sacramento, CA 95816, Sacramento, 95816 - 5 bed, 4 bath

2612 Q Street, Sacramento, CA 95816 home-pic-0
ACTIVE$1,095,000
2612 Q Street, Sacramento, CA 95816
5Beds
4Baths
2,550Sqft
6,534Lot
Year Built
1930
Close
-
List price
$1.09M
Original List price
-
Price/Sqft
$429
HOA
$0
Days on market
-
Sold On
-
MLS number
225128456
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.09M(67th), sqft - 2550(67th), beds - 5(50th), baths - 4(50th).

RARE Midtown Sacramento Investment or Owner Occupant Opportunity! 2612 Q Street is a beautifully updated Edwardian-era triplex that blends historic charm with modern convenience. Original wood floors, coved ceilings, and built-in cabinetry pair seamlessly with upgraded kitchens featuring granite counters, stainless appliances, and new cabinetry. The property features a downstairs 2bed 1 bath, a downstairs studio, and an upstairs 3bed 2 bath with private deck. Each unit includes or shares laundry, and has their own tankless water heaters, PLUS tastefully remodeled stone and tile bathrooms. Recent upgrades include all new electrical wiring and interior paint. All three units rented for a total of $6,400 but are now vacant to provide you the opportunity to raise rents, live in one and rent the other two, or create your multi-generational family home! With spacious living and dining rooms, ample storage, a large shared backyard with room for another unit or garage, and off-street parking, this property attracts high-quality tenants and strong rental income. Located just minutes to the Capitol, Golden 1 Center, and top Midtown restaurants, this is a turnkey opportunity in the heart of one of Sacramento's most desirable neighborhoods.

Nearby schools

6/10
David Lubin Elementary School
Public,•K-6•0.8mi
6/10
William Land Elementary School
Public,•K-6•1.2mi
/10
Washington Elementary School
Public,•K-6•1.2mi
7/10
Theodore Judah Elementary School
Public,•K-6•1.5mi
8/10
Caleb Greenwood Elementary School
Public,•K-6•2.5mi
3/10
Woodlake Elementary School
Public,•K-6•2.8mi
7/10
Sutter Middle School
Public,•7-8•0.8mi
3/10
Rio Tierra Junior High School
Public,•6-8•4.1mi
5/10
C. K. Mcclatchy High School
Public,•9-12•1.5mi
2/10
Hiram W. Johnson High School
Public,•9-12•3.3mi
4/10
Grant Union High School
Public,•9-12•5.3mi
6/10
Rosemont High School
Public,•9-12•7.5mi

Price History

Date
Event
Price
10/02/25
Price Change
$1,095,000
05/23/22
Sold
$1,150,000
09/18/15
Sold
$635,000
05/13/05
Sold
$500,000
05/13/05
Sold
$500,000
Condition Rating
Excellent
Despite being built in 1930, this property has undergone extensive and recent high-quality renovations. The description explicitly states 'upgraded kitchens featuring granite counters, stainless appliances, and new cabinetry' and 'tastefully remodeled stone and tile bathrooms,' which are clearly visible in the images, showcasing modern finishes and fixtures. Furthermore, 'all new electrical wiring' and individual 'tankless water heaters' are significant system upgrades. The property blends its original Edwardian charm with virtually new, current-standard components, indicating minimal physical depreciation and no deferred maintenance, aligning with an excellent condition score.
Pros & Cons

Pros

Prime Midtown Location: Situated in a highly desirable Midtown Sacramento neighborhood, offering proximity to key attractions like the Capitol, Golden 1 Center, and top restaurants, ensuring strong tenant demand and potential appreciation.
Versatile Investment/Owner-Occupant Opportunity: Functions as a triplex, providing flexibility for an investor seeking strong rental income, an owner-occupant looking to offset mortgage costs, or a multi-generational family home.
Extensive Modern Upgrades with Historic Charm: Seamlessly blends Edwardian-era architectural details (wood floors, coved ceilings) with significant modern updates including upgraded kitchens (granite, stainless steel), remodeled bathrooms, and new electrical wiring and interior paint.
Immediate Value-Add Potential: Currently vacant, allowing a new owner the immediate opportunity to set market-rate rents, optimize income, and select high-quality tenants, building upon its proven track record of attracting strong rental income.
Development Potential & Practical Amenities: Features a large lot with a shared backyard offering space for an additional unit (ADU) or garage, complemented by convenient off-street parking and individual tankless water heaters for each unit.

Cons

Current Vacancy Risk: While offering rent optimization potential, the property's current vacancy across all three units means no immediate rental income, requiring the new owner to actively market and secure tenants, incurring potential carrying costs during this period.
Age-Related Maintenance Considerations: Built in 1930, despite recent upgrades, the Edwardian-era structure may still present unforeseen maintenance challenges or require ongoing upkeep typical of older properties, potentially impacting long-term operational costs.
Recent Price Adjustment: The current listing price is lower than its last sale price in 2022, which might suggest a market adjustment or previous overvaluation, potentially influencing buyer perception of its current market value or future appreciation trajectory.

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