Sacramento Area Real Estate Search

Investment Property - Sacramento Metro

The Peterson Team is a huge advocate for building wealth through real estate investing. James has been investing in real estate since 2005 and has an incredible knowledge in many types of investment holdings.

There are multiple avenues of real estate investing and we suggest becoming well versed and knowledgeable about one market and type of investment in order to become a successful investor.

Some of the hottest ways to find investments is through these types of property:

  • Bank Owned Property (REO)
  • Short Sales
  • HUD Homes (HUD owned homes)
  • Multi-Family Property 

Not many agents have experience in negotiations for these types of properties or have the ability to analyze investment property returns.  We have helped many investors source investment property, negotiate excellent terms and close successfully.

Investment Types and Searches:

Foreclosures

Foreclosures have become a fairly scarce investment option as the inventory has really diminished with the market value increases.  Most foreclosures today are put in auction and there are multiple sites that these foreclosures are placed on for the sales process.  The Peterson team can guide you to the specific guidelines on how to buy any of the listed foreclosure properties.  

Search Foreclosures

Short Sales

Short sales occur typically when a homeowner must sell because of finances, relocation or some other reason yet owes more money to the lender than the net proceeds from the sale may bring in.  The lender will often agree to a short sale in lieu of a foreclosure because a short sale will typically net the lender more money than having to go through the arduous and expensive foreclosure process.  Short Sales can take 3-6 months to close so patience is required but can often represent great deals!

Short Sale Search

Multi-Family Investment Property

One of the hottest investment types for buy and hold investors, multi-family investments offer a greater return on investment than single family homes and offer greater protection from vacancies and market downturns.  Look for opportunities to add value and cash in with higher returns and equity position.

Multi-Family Search

Commercial Investment Property

Large multi-family, office, land for developement, hotels and more fall into the commercial property investment category.  You will find some commercial opportunities within the search below but for a custom commercial search, please contact us at 916-500-4410.

James is willing to meet with new and experienced investors 1-on-1 to discuss investment strategy in-depth.

Call Today (916) 500-4410

 

Popular Investment Properties

$2,398,000
2,640 SqFt. 226104122 MLS
Rising above the rooftops of Old Town Auburn, The Park Victorian is a beautifully preserved piece of Auburn's Victorian heritage, offering a rare blend of architectural history, acreage, and access to the heart of town. Built in 1896 and thoughtfully restored, the residence overlooks the iconic Auburn Courthouse, train trestle and surrounding Sierra foothills, while feeling distinctly removed from the activity just below. Inside, the estate's heritage remains beautifully evident, with original character and period craftsmanship taking center stage. Refinished fir floors, marble fireplaces, period millwork, original wallpaper, and exposed brick honor its past, while updated finishes and modern conveniences make it equally suited for today. Six individually appointed bedrooms each feature an ensuite bath, providing exceptional options for private living, extended family, or continued hospitality use. Graciously proportioned gathering spaces and a beautifully updated kitchen complement the home's 19th-century character. Currently operated as a boutique whole-house rental and intimate event space, the property also lends itself beautifully to use as a private residence. A separate 900 +/-SQFT, two-bedroom guest house adds another layer of versatility for family, guests, caretakers, or additional accommodations. Outside, mature oaks, lawns and garden areas create inviting places to entertain, gather or simply enjoy the surroundings. The adjoining parcels are included, bringing the total offering to 6+/- acres just moments from dining, shops and the historic district. Few properties place this much land, architectural character and possibility so close to the center of Auburn. Secured Access and No Trespassing.

195 Park Street, Auburn

Listing courtesy of Nick Sadek Sotheby's International Realty.

$1,599,000
4,630 SqFt. 226074712 MLS
NEW PRICE - $1,599,000 Historic Midtown Craftsman Fourplex + Flex Space $121,740 Annualized Scheduled Income A rare opportunity to acquire a stabilized multifamily property in the heart of Midtown Sacramento offering a compelling combination of income, historic character and flexibility. This 4,630 SF Craftsman fourplex generates $121,740 in annualized scheduled income, including garage income, with tenants paying their own gas and electric. At the new price, the property offers an approx. 4.9% cap rate based on normalized operating expenses. Originally built in 1900, 815 17th Street showcases the craftsmanship that makes Midtown properties so difficult to replicate, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors and extensive period millwork. The property consists of four income-producing residential units plus two income-producing garages, providing valuable off-street parking in the heart of Midtown. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area and living area. While not represented as a legal rental unit, the space provides exceptional flexibility for owner use, guests, home office, studio, fitness area, storage or other personal uses. The property has benefited from numerous improvements and ongoing maintenance, highlighted by the installation of a 50-year roof in 2022. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center and the R Street Corridor, with Midtown's restaurants, coffee shops, parks, nightlife and arts scene nearby. Now offered at $1,599,000, 815 17th Street presents a unique opportunity for investors, 1031 exchange buyers and owner-users seeking stabilized income, substantial square footage and irreplaceable historic character in one of Sacramento's most desirable urban neighborhoods.

815 17th Street, Sacramento

Listing courtesy of eXp Realty of California, Inc..

$1,350,000
3,694 SqFt. 226076957 MLS
Located in the heart of Sacramento's highly desirable Midtown urban core, this mixed-use investment property presents a rare opportunity to acquire a high-quality, low-maintenance asset in one of the region's strongest rental markets. Built in 2014, the property offers investors the advantages of newer construction, reduced near-term capital expenditure risk, and strong tenant appeal compared to the surrounding aging housing stock. The three-story building consists of a ground-floor commercial space and two spacious residential units above, each approximately 1,150 square feet with 2 bedrooms, 1 bathroom, and large private balconies. The residential units feature open-concept floor plans, central HVAC, granite countertops, stainless steel appliances, and premium finishes designed to attract and retain quality tenants. This property's construction date positions it favorably relative to California's rent control regulations, providing investors with greater operational flexibility than many older multifamily assets. Its modern infrastructure, including zonal fire sprinklers, surplus insulation, dual-pane windows, and fire-resistant siding, contribute to energy efficiency, lower maintenance demands and long-term ownership confidence. With its modern construction, favorable regulatory positioning, mixed-use income potential, limited near-term capital expenditure risk, possible return to office for state employees and prime Midtown location, this is an exceptional acquisition for your investment portfolio.

1306 19th Street, Sacramento

Listing courtesy of Coldwell Banker Realty.

$1,295,000
3,456 SqFt. 226064776 MLS
An exceptional, high-yield addition to your investment portfolio! Situated in the highly desirable Boulevard Park/Mansion Flats area of Midtown Sacramento, this turnkey fourplex offers a rare blend of historic charm, modern updates, and strong, immediate cash flow. Generating an impressive $7,680 per month in gross rental income, this stabilized asset is perfect for savvy investors or an owner-occupant looking to house-hack in one of the city's most rental-resilient neighborhoods. The property has been thoughtfully maintained and updated to command premium rents. Each of the four spacious units features a highly rentable layout with modern finishes, independent washers and dryers, and fully equipped kitchens with gas ranges and dishwashers. To top it off, tenants enjoy the ultimate Midtown luxury: private outdoor decks and designated off-street, uncovered parking located securely at the back of the building. Walkable and bikeable to the grid's finest dining, local coffee shops, and entertainment hubs. This property has been meticulously maintained, dramatically lowering future capital expenditure liabilities for its next owner. Over $39,000 has been reinvested across structural, cosmetic, mechanical, and safety upgrades. Midtown fourplexes of this caliber rarely hit the market fully stabilized with this level of strong cash flow. Don't miss the chance to acquire a premium piece of the Sacramento grid.

2018 G Street, Sacramento

Listing courtesy of Metro Financial Services Inc.

$1,200,000
2,025 SqFt. 226100125 MLS
Permitted three houses on the lot: Main house with 3 bed/2 bath, ADU with 1 bed/1 bath, and a pool house, which is a studio with a bath (refer to attached building plans). There is also a pool structure with a separate bathroom. Exceptional opportunity to create a luxury short-term rental, wedding venue, event center, or private multigenerational estate. There is a potential 18.5% pro forma cap rate (refer to the attached OM) This fully remodeled 10-acre property features three separate residences, including a main home and two detached guest suites, with accommodations for up to 16 guests. The centerpiece of the property is an extraordinary 150,000-gallon swimming pool, one of the largest residential pools in the county. Adjacent to the pool is a dedicated bathroom, making it ideal for entertaining, private events, and weddings. The expansive grounds offer endless possibilities for outdoor ceremonies, receptions, and gatherings. A large barn provides additional flexibility and can be converted into guest accommodations, an entertainment space, a bar, a workshop, or continue to serve as storage. A substantial solar system helps reduce operating costs while complementing the property's sustainable design. Whether you're looking to build a thriving hospitality business or enjoy a private estate with income-producing potential, this unique property offers exceptional versatility. The expansive 10 acres create a peaceful retreat while still providing convenient access to hiking, biking, fishing, nearby parks, and Red Hawk Casino.

1781 Springvale Road, Placerville

Listing courtesy of eXp Realty of California Inc..

$1,150,000
3,876 SqFt. 226108183 MLS
Four-Unit Apartment Complex Investor Opportunity Well-maintained four-unit apartment complex featuring four spacious 2-bedroom, 2-bath units, each thoughtfully designed with a kitchen, separate dining area, and excellent private outdoor space. Upper units offer private patios, while lower units feature sliding glass doors leading to covered private front patios plus private fenced backyards an attractive feature for tenants. Each unit includes a master bathroom with separate vanity area, split-system heating and air conditioning installed in 2022, and a private covered storage unit measuring approximately 4' x 12'. Three of the four units have newly installed ceiling fans. One upper unit features newer showers and toilets, approximately one year old. Two units were remodeled approximately five years ago with durable commercial-strength vinyl flooring, new kitchen cabinets and countertops, and new dishwashers, ovens, and range hoods. Unit #6 also features a brand-new dishwasher. Additional property amenities include a community laundry room with space for one washer and one dryer; the washer and dryer are not currently provided and would need to be supplied by the property owner. The property also features a newer roof, approximately seven years old, with a favorable recent roof inspection. Eight total parking spaces are available, including covered assigned parking. The low-maintenance grounds feature an outdoor common area, established landscaping with drip irrigation, and no grass to mow. A side yard offers potential for a community or residential garden area. Conveniently located near schools and public transportation, this well-maintained property offers desirable unit layouts, private outdoor spaces, storage, parking, and numerous recent improvements make this an appealing investment opportunity.

4184 Oro Lane, El Dorado

Listing courtesy of Vista Sotheby's International Realty.

$1,124,999
4,025 SqFt. 226078726 MLS
Historic character meets multifamily versatility in this Colonial Revival triplex located in Sacramento's historic Alkali Flat neighborhood. Listed on the historic registry, this distinctive property features three separate units, each with its own private entrance, offering flexibility for an owner-occupant, multigenerational living, or investment use. The property also benefits from Mills Act participation, which may provide reduced property taxes for qualifying ownership, adding another potential advantage for the next owner.Unit A offers 2 bedrooms and 1 bathroom with laminate flooring, an open living and dining area, abundant natural light, generous kitchen storage, and laundry. The main residence, Unit B, showcases the architectural character of a turn-of-the-century Colonial Revival home, beginning with a welcoming front porch and continuing inside with a grand staircase, inlaid wood floors, high coved ceilings, and period fixtures. This spacious 3-bedroom, 3-bathroom unit combines historic details with a functional living arrangement.Unit C is a bright top-floor studio filled with natural light, providing additional flexibility for rental income, guests, a home office, or other uses. Together, the three units create a versatile property with multiple possibilities for living and income.Located near downtown Sacramento, this property is close to dining, entertainment, shopping, parks, public transportation, and major commuter routes. With its historic architecture, three-unit configuration, and potential Mills Act tax benefits, 530 10th Street offers an opportunity to own a distinctive piece of Sacramento history with versatile use and long-term potential.

530 10th Street, Sacramento

Listing courtesy of KW Sac Metro.

$1,100,000
2,792 SqFt. 226107990 MLS
Welcome to this charming Spanish-style duplex in East Sacramento, just a few blocks from McKinley Park. Offering two separate 2-bedroom, 1-bath flats, one upstairs and one downstairs, this property is surrounded by mature trees and features a stucco exterior with original 1930s architectural details. The two-unit configuration offers a great opportunity for investors, multigenerational living, or an owner-occupant looking to offset their mortgage with rental income. Each residence offers about 1,400 square feet of living space with hardwood floors, high ceilings, lots of light, and a blend of original character and thoughtful updates. The living rooms feature exposed wood ceiling beams, fireplaces, built-in shelving, and arched details. Formal dining rooms lead to updated kitchens with generous cabinetry and tile countertops. Each flat also includes a separate laundry room and an additional room ideal for a home office or guest space. The bathrooms retain their vintage character with honeycomb tile flooring, period-style tile, soaking tubs, and separate tiled showers. The front bedrooms offer ample closet space, including a walk-in closet downstairs, and the back bedrooms feature vintage built-ins and garden views. Downstairs, a beautiful leaded-glass window accents a nook off the extra room, and an approximately 350- square-foot basement provides additional storage or flexible-use space. Upstairs, French doors from the living room open to a private terrace overlooking the surrounding trees. Important improvements include newer furnaces for both units, new air conditioning for both flats in 2023, and electrical, lighting, and plumbing upgrades added over the years. Recent additions include an electric fire, a ceiling fan, and a newer oven upstairs, plus a new dishwasher downstairs. Outside, the fenced backyard features a wrought-iron entry gate, mature privacy hedge, orange tree, patio area, storage shed, and room for gardening and entertaining. Two off- street parking places complete the picture. With two separate residences, established outdoor spaces, original architectural character, and regular maintenance and improvements, this duplex offers flexibility for a variety of living or investment options.

451 Santa Ynez Way, Sacramento

Listing courtesy of Coldwell Banker Realty.

$1,100,000
2,836 SqFt. 226084821 MLS
RARE TURNKEY MULTIFAMILY INVESTMENT WITH EXCEPTIONAL UPSIDE! Rare opportunity to own a fully renovated fourplex offering immediate rental income, low-maintenance ownership, and outstanding future development potential. The property underwent a comprehensive renovation in October 2022, featuring modern finishes, updated systems, and improved functionality that provide today's tenants with comfort and convenience while offering investors a turnkey asset. Each of the four units features 2 bedrooms, 1 bathroom, and its own stackable washer and dryer, providing an amenity that is highly desirable in today's rental market. Tenants pay their own electricity and gas, helping reduce owner operating expenses and improve investment performance. During the 2022 renovation, the owner completed extensive improvements, including a new roof, HVAC systems, plumbing, electrical, windows, stucco, framing, kitchens, bathrooms, and bedrooms. The extensive upgrades make this an attractive, low-maintenance investment with strong long-term rental appeal. Situated on a large lot, this property offers exceptional upside beyond its current income. Potential opportunities may include splitting the lot to construct an additional fourplex or retaining the existing improvements while adding up to three Accessory Dwelling Units (ADUs), creating multiple opportunities to increase future value and cash flow. Buyer to independently verify all zoning, lot split potential, ADU opportunities, permits, development feasibility, and intended uses with the City of Sacramento and all applicable governmental agencies. Whether you are completing a a 1031 Exchange, expanding your multifamily portfolio, or searching for a quality investment with long-term appreciation potential, this property offers a rare combination of modern improvements, immediate income, and future development possibilities. Conveniently located near shopping, restaurants, schools, parks, Downtown Sacramento, Sacramento International Airport, public transportation, and major commuter routes, this property is well positioned in one of Sacramento's strongest rental markets.

431 Harding Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,095,000
3,361 SqFt. 226064328 MLS
Located in the highly desirable South Land Park neighborhood, this well-maintained duplex sitting on a large corner lot presents a rare opportunity for both investors and owner-occupants alike. Live in one unit and rent out the other while offsetting your mortgage, or lease up both units and appreciate a stable rental asset in a highly desirable neighborhood. This duplex at 1449 Claremont & 4730 Monterey Way offers two spacious 2-bedroom units designed with comfort and functionality in mind. Both residences feature abundant natural light, high ceilings, in-unit laundry, private backyard, dedicated garages, and flexible den/office space ideal for remote work or additional living needs. 4730 Monterey Way is currently vacant and immediately available for an owner to occupy or re lease at a suggested market rent of $3,000 per month. This unit consists of 2 bedrooms, 1 full bathroom with shower and jetted tub, 2 half bathrooms, open living room & kitchen, den, and a private backyard with carport and detached garage. 1449 Claremont Way is a 2 bedroom, 2.5 bathroom unit currently leased at $2,600 per month which also features its own private garage, backyard, additional laundry room, and a thoughtfully designed living space with ample storage. With separate amenities for each unit, strong rental appeal, and a prime South Land Park location near William Land Park, neighborhood Sprouts shopping center, local dining, and convenient downtown Sacramento access, this is an exceptional opportunity to acquire a versatile income-producing property in one of Sacramento's most established neighborhoods.

1449 Claremont Way, Sacramento

Listing courtesy of Ken Turton, Broker.

$999,900
3,765 SqFt. 226103716 MLS
Two high quality custom homes built by Faszer, a well-respected architect/builder known for building spectacular properties! Dumfries is a 1-story 3/2 with indoor atrium, resurfaced built-in pool, large rooms and 3-car garage, something you rarely find! Primary bedroom has 2 closets (1 walk-in) and tons of storage throughout the home/garage. Wood shutters. A room in the garage with HVAC can be used as wine storage, pantry, or converted to a bathroom (shares wall with Eider side bathroom/laundry room). 2025: LVP floors, washer/dryer, dishwasher. 2020 pool solar. Eider is a 2-story 2/2.5 with 2-car garage, low-maintenance patio, and large bedrooms. 2026: New carpet/pad and LVP in both upstairs bathrooms. Both homes have high-quality roofs (2020), HVACs (2023), and water heaters (2023 & 2019). 2026 updates include high-quality painted cabinets, high-end interior/exterior paint, interior/exterior lights, mirrors, switches/outlets, resurfaced walls/ceilings/beams, and tile chemically cleaned with refreshed grout on counters/floors. Attractive landscaping with sprinklers and gorgeous rock fireplaces. Thoughtful updates preserve the original charm. Natural light floods through expansive windows. This duplex is situated in one of the most desired areas of Greenhaven/Pocket. Within the boundaries of highly rated Genevieve Didion School (K-8th), an area where people buy or rent homes for the school. Located a few homes from the Sacramento River for walking, biking, jogging or enjoying the sunset. Incredible interior cul-de-sac location on a corner, so it feels like a single-family home. Peaceful and quiet. Faszer was a well-known, highly regarded Architect/Builder and pioneer in modernism. A Berkeley-trained architect, he built modern, high-quality custom homes with expansive glass, strong indoor/outdoor connections, atriums, high craftsmanship and more. This spectacular Faszer-built property exhibits these highly desired qualities!

2 Dumfries Court, Sacramento

Listing courtesy of Dunnigan, REALTORS.

$995,000
1,856 SqFt. 226035867 MLS
Turn-key downtown Auburn triplex with strong income potential and fully modernized systems. Located in the heart of downtown Auburn, 124, 126 & 128 Oakwood Drive offer a rare opportunity to acquire a fully reimagined multi-unit property in a highly walkable, high-demand rental location. Originally a commercial office building, this property has been thoughtfully converted into three residential units with permits and final approvals, featuring a desirable unit mix: one spacious 2-bedroom, 2-bathroom unit on the lower level and two 1-bedroom, 1-bathroom units upstairs. This flexible layout appeals to both investors and owner-occupants seeking a live-and-income opportunity. The property has undergone a comprehensive, high-quality renovation with major system upgrades throughout. Improvements include new plumbing, upgraded electrical, a new roof, new energy-efficient windows and doors, new HVAC systems for each unit, new water heaters, updated insulation, drywall, and flooring, along with exterior enhancements such as landscaping, walkways, and access improvements. As part of the permitted conversion, the property was upgraded with a residential fire sprinkler system (NFPA 13R) and enhanced utility infrastructure, supporting modern safety standards and long-term reliability. The upstairs flooring structure has been thoughtfully upgraded using enhanced sound-reducing construction methods, including insulation and sound-dampening materials, to help minimize noise transfer between levels. Each unit is equipped with brand-new appliances and updated finishes, minimizing near-term capital expenses and ongoing maintenance. Off-street parking is available, providing added convenience for tenants. Situated just moments from Auburn's shops, dining, and local amenities, the location supports strong rental demand and long-term value. This is an exceptional opportunity for an investor seeking a low-maintenance, income-producing property with modernized systems, strong rental appeal, and upside potential in a desirable foothill market.

128 Oakwood Drive, Auburn

Listing courtesy of eXp Realty of Northern California, Inc..

$959,000
1,632 SqFt. 226098032 MLS
North Lake Tahoe multi-unit home in Kings Beach! This charming cabin features faux rustic wood siding for that classic Tahoe feel, paired with sleek, modern interiors. The gourmet kitchen shines with stainless steel appliances, stunning Calacatta Gold quartz countertops, and a large island with a breakfast bar - perfect for gatherings. Cozy up to the wood burning stove on snowy nights in the expansive family room or step out to the spacious backyard, ideal for entertaining friends and family. Thoughtful upgrades include waterproof wood-veneer flooring, new central heat system and a tankless water heater for endless hot water and efficiency. The oversized parking area accommodates four cars, plus an extra-deep pad for boats, RVs or snowmobiles. Two large storage sheds provide ample space for all your skis, bikes, paddleboards and more. A separate ADU studio with a private entrance and updated appliances offers excellent flexibility for guests, in-laws, or potential rental income. Enjoy a short stroll to the Kings Beach Recreation Area, featuring a sandy beach, boat launch, restaurants, equipment rentals, playground, volleyball, Safeway, Old Brockway Golf Course, parks, cafes, and boutiques are all nearby. Kings Beach Elementary is just around the corner, kids can easily walk or bike. Most days, you won't even need the car. Move-in ready and full of Tahoe charm!

8682 Dolly Varden Avenue, Kings Beach

Listing courtesy of Morrison Real Estate.

$950,000
2,232 SqFt. 226096298 MLS
*Endless Possibilities on Two Parcels come in total 4.54 Acres with Two Homes in One Lot, Vacant land, Barn & Income Potential!* A rare opportunity to own an exceptional multi-parcel property offering incredible flexibility for homeowners, investors, multi-generational living, or those seeking space for a home-based business or hobby farm. Situated on two separate parcels, this unique property features two homes, a massive 40' x 60' permitted barn with electricity, multiple outbuildings, and a separate vacant lot 1.08 Acres with future potential. The primary residence at 111 Delano Street offers approximately 1,632 square feet with 4 bedrooms and 2 bathrooms, including a beautifully added bedroom and bathroom completed in 2021. Additional improvements include a new HVAC system (2019), new septic system (2011), updated electrical, and numerous upgrades that provide comfort and peace of mind. The second home at 109 Delano Street has its own separate septic system, separate electrical meter, and shares the property's well, creating excellent opportunities for rental income, extended family, or guest accommodations. The property also features a permitted 40' x 60' barn with electricity, three storage sheds, and abundant space for equipment, RVs, boats, workshops, animals, or future expansion. The separate vacant parcel offers even more possibilities, making this an outstanding long-term investment. Whether you're looking to generate rental income, accommodate multiple generations under one property, or simply enjoy the freedom of country-style living with room to grow, opportunities like this are incredibly rare. Schedule your private tour today and discover the endless potential this one-of-a-kind property has to offer.

111 DELANO Street, Elverta

Listing courtesy of Portfolio Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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