Coldwell Banker Commercial G.R. is pleased to present 2323 W Street, an 8-unit multifamily property located in Sacramento’s desirable Newton Booth neighborhood, adjacent to Midtown—one of the region’s most vibrant and supply-constrained rental submarkets. Built in 1972 and well maintained by long-term ownership, the property features eight (8) spacious 1-bedroom, 1-bathroom units (±670 SF each) with updated interiors, durable vinyl flooring, and abundant natural light. Each unit includes one on-site parking space located in the back of the building, and the building offers a leased on-site laundry facility. The average rent is currently $1,149/month—approximately 20% below market—creating a significant value-add opportunity. One unit is vacant and in rent-ready condition, offering immediate upside potential. Based on the projected rent of $1,500/month for the vacant unit, the offering reflects a 5.43% cap rate. With modest CPI + 5% rent growth (approx. 7.7%), the yield improves to 5.84%, and full stabilization supports a projected 7.14% cap rate. Located minutes from the State Capitol, Downtown Sacramento, and major employment centers, 2323 W Street is ideally positioned for long-term appreciation and rent growth.