1808 P St 9 Unit Apartment Building $1,988,530 CAD ($220,948 CAD/Unit) 6.01% Cap Rate Sacramento, CA 95811

ALIVE Commercial Real Estate is proud to present 1808 P Street, a charming nine-unit multifamily investment opportunity located in the heart of Sacramento’s strongest and most desirable rental submarket—Midtown. The property consists of five one-bedroom/one-bath units and four studio units, blending timeless architectural character with today’s sought-after urban lifestyle. Each residence features high ceilings, large windows providing abundant natural light, as well as the convenience of on-site laundry. Ideally situated within walking distance to Sacramento’s most notable restaurants, bars, medical centers, The Ice Blocks, and the full spectrum of Midtown amenities, 1808 P Street offers residents an unmatched live-work-play environment. The next owner will benefit from a well-performing, fully occupied asset with significant upside potential through rent growth, achievable without the need for immediate capital expenditures. Supported by Sacramento’s strong rental fundamentals, limited new supply, and widening gap between the cost to rent and the cost to own, 1808 P Street represents a stable, long-term investment in one of the region’s most resilient multifamily markets.