Property Details
About this Property
Rio Terrace Apartments is a well-maintained 29-unit multifamily community located in the heart of Sacramento's highly desirable Midtown neighborhood. The property offers a mix of studio, one-, and two-bedroom floor plans with an average unit size of approximately 600 rentable square feet. Rio Terrace represents a rare opportunity to acquire a stabilized asset with proven rental upside in one of the most sought-after submarkets in the region. Long-term ownership has systematically renovated units upon turnover, investing heavily in high-quality finishes. Renovated units feature restored original hardwood floors, quartz countertops, custom decorative cabinetry, stainless steel appliances, and dual-pane windows throughout. The property distinguishes itself from competing assets by offering gated off-street parking, on-site laundry facilities, and a spacious courtyard with mature landscaping, amenities that are increasingly rare in Midtown. One studio unit is currently utilized as a management office; converting this unit back to residential use provides the next owner with immediate income upside.
MLS Listing Information
MLS #
ME226012301
MLS Source
MetroList Services, Inc.
Days on Site
2
Interior Features
Appliances
Microwave
Flooring
Wood
Laundry
Coin Operated
Cooling
Ceiling Fan, Central Forced Air, Varies by Unit, Window/Wall Unit
Heating
Varies by Unit, Wall Furnace
Exterior Features
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Attached Garage, Carport, Carport(s) - Awning, Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Complex Amenities
Community Security Gate
Zoning
Residential
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 28 | 29 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 625 | 1 | 1/0 | $1,750 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2811 F St is a Residential Income in Sacramento, CA 95816. This 17,400 square foot property sits on a 6,534 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,775,000 and was built in –. This address can also be written as 2811 F St, Sacramento, CA 95816.
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This listing information is up-to-date as of February 02, 2026. For the most current information, please contact David DeLoney, (916) 832-8571
