The Deloney Group of Marcus & Millichap is pleased to present 2514 O Street, an 11-unit multifamily community located in Midtown Sacramento. Originally constructed in 1962, this property features (11) one-bedroom/one-bathroom units, an onsite laundry facility, and off street parking.
Nestled within the grid of Midtown/Downtown Sacramento and walking distance to major urban developments like the Golden 1 Center, DOCO, and the forthcoming rail yards project, this property is positioned for strong long-term growth in a supply constrained market. In addition to the entertainment scene, the property is located in the heart of the region’s key employment center, offering close proximity to the State Capitol, Capitol Mall, and the vibrant restaurant and business scene in Midtown/Downtown—factors that enhance its appeal to both residents and investors.
As rents in Sacramento continue to rise, 2514 O Street presents a significant investment opportunity. Current market data indicates a 26% loss-to-lease on today’s rent roll, offering the next investor a clear path to add value by continuing to renovate units, and aligning rents with the neighborhood level.
All tours must be scheduled through listing agents. Do not disturb management or residents.