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3140 S Street, Sacramento, CA 95816, Sacramento, 95816 - 3 bed, 2 bath

3140 S Street, Sacramento, CA 95816 home-pic-0
ACTIVE$999,900
3140 S Street, Sacramento, CA 95816
3Beds
2Baths
1,127Sqft
3,920Lot
Year Built
1940
Close
-
List price
$1,000K
Original List price
-
Price/Sqft
$887
HOA
$0
Days on market
-
Sold On
-
MLS number
225140173
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 4 Cons,5 Pros. Rank: price - $999.9K(71th), sqft - 1127(33th), beds - 3(50th), baths - 2(50th).

Rare Midtown opportunity! Two Homes on one lot in one of Sacramento's most sought-after neighborhoods. Each residence offers its own private entry,separate entries and classic Midtown character. Perfect for multi-generational living, owner-occupy +rental income, or long-term investment. Ideally located near UC Davis Med Center,Mercy General and Sutter Medical Hospitals. Midtown dining, coffee shops, and light rail. 3140 S Street Home is a 3 bedroom/ 2 bath recently remodeled with permits. New European cabinets, New Quartz counters and stainless steel appliances, Indoor laundry area, New modern Bathrooms, Contemporary Floor to ceiling fireplace, New texture and sheetrock, New plumbing, New Electric panel and wiring, New flooring, New Interior Paint, New stucco, LED and water conserving fixtures along with Higher efficiency NEW HVAC and tankless water heater. Tenant Occupied. 3144 S Street is 2 Bed/ 2 Bath, 1 Car garage, Newly constructed home with owned solar and EV capable, Features include Upgraded Kitchen appliances,quartz counters,high efficiency HVAC, Sep. electric meter,energy efficient and water conserving fixtures,spacious bedrooms/bathrooms, Sep. New concrete driveway to garage. A versatile property combining urban convenience. Don't miss this unique Midtown gem

Price History

Date
Event
Price
11/03/25
Price Change
$999,900
07/23/24
Sold
$348,000
Condition Rating
Excellent
This property consists of two homes on one lot. The main house (built 1940) has been 'recently remodeled with permits,' including new European cabinets, quartz counters, stainless steel appliances, modern bathrooms, new plumbing, electrical panel/wiring, new HVAC, tankless water heater, and new flooring. The second unit is a 'Newly constructed home' with owned solar, upgraded kitchen appliances, quartz counters, and high-efficiency HVAC. Both units feature modern aesthetics, new systems, and high-quality finishes, indicating all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Dual Income & Versatile Living: Features two distinct homes on one lot, offering significant potential for multi-generational living, owner-occupancy with rental income, or a robust long-term investment. The main house is already tenant-occupied, providing immediate cash flow.
Prime Midtown Location: Situated in one of Sacramento's most sought-after Midtown neighborhoods, with excellent proximity to UC Davis Med Center, Mercy General, Sutter Medical Hospitals, vibrant dining, coffee shops, and light rail access.
Extensive Modern Renovation (Main House): The 3140 S Street home has been recently and extensively remodeled with permits, featuring new European cabinets, quartz counters, stainless steel appliances, modern bathrooms, new plumbing, electrical, HVAC, and a tankless water heater.
Newly Constructed ADU with Premium Features: The 3144 S Street residence is a newly constructed home with owned solar, EV charging capability, upgraded kitchen appliances, high-efficiency HVAC, separate electric meter, and energy/water-conserving fixtures, ensuring modern comfort and lower utility costs.
Updated Infrastructure & Energy Efficiency: Both homes benefit from significant infrastructure upgrades including new plumbing, electrical panels/wiring, high-efficiency HVAC systems, and energy-saving features like owned solar (ADU) and LED/water-conserving fixtures, reducing maintenance and operating expenses.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Ambiguous Total Square Footage: The listed 1127 sqft likely pertains only to the main house (3140 S Street), leaving the total combined living area for both residences unclear, which could impact buyer perception and valuation.
Compact Lot Size: With a lot size of 3920 sqft, the property is relatively small for accommodating two separate homes, potentially limiting private outdoor space or future expansion opportunities.
Tenant Occupancy in Main Unit: While beneficial for investors, the main residence being tenant-occupied could present a challenge or delay for owner-occupants wishing to move into that specific unit immediately, requiring adherence to lease terms and tenant rights.

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