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3516 P Street, 
Sacramento, CA 95816

$693,000


Bed


Bath


1,720

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Tyler Monk

Dunnigan, Realtors

Last updated:

May 28, 2026, 02:51 PM

MLS#

226039628

Source:

MFMLS

About This Home

3516 P Street

The dream income property, with one unit vacant and the other generating revenue for you! This duplex is positioned on the edge of Midtown and just moments from the coveted Fab 40s, this rare multi-unit offering is tucked into one of Sacramento's most charming and sought-after pockets where tree-lined streets, character homes, and lifestyle converge. Situated on a single parcel, the property features two well-appointed units, each with its own garage, and thoughtful separation, creating an ideal blend of privacy and functionality. The layout lends itself seamlessly to today's most in-demand living trends, whether you're seeking a high-performing investment, a house-hack opportunity, or a multi-generational living arrangement. The grounds are framed by mature landscaping and complemented by spacious private backyards, offering a sense of retreat that's increasingly hard to find in urban settings. Alley access (for one unit) adds another layer of convenience and long-term flexibility. Located close to all the magic and amenities this part of Sacramento has to offer. For the savvy buyer, this is a versatile asset with strong income potential and long-term upside. For the lifestyle-driven buyer, it presents an opportunity to curate, enhance, and truly elevate the space into something exceptional. Turnkey and ready for immediate use, or a canvas for your next level vision this is the kind of opportunity that aligns with where the market is headed. With one unit soon to be vacant, you could move in or upgrade while generating revenue from the other. Opportunities like this in this location are few and far between.

Home Facts

Multi-Family

Built in 1953

Price Summary

693,000

$402 per Sq. Ft.

MLS #:

226039628

Last Updated:

May 28, 2026, 02:51 PM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

1,720 Sq. Ft.


Structure

Structure

Year Built:

1953


Lot

Lot Size (Sq. Ft):

6,399


Finances & Disclosures

Finances

Price:

$693,000

Price per Sq. Ft:

$402 per Sq. Ft.

MLS Logo
MetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: May 28, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.