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Multi-Family

509 T Street

509 T St, Sacramento, CA 95811

Listing Price: $799,999

Lot Size
0.15 acres
Price/Acre
$5,333,327
Land Type
Land
Buildable Square Feet
6,456

Investment Overview

Marcus & Millichap is pleased to present 509 T Street, an 8-unit multifamily development opportunity comprising two separate parcels (509 T St, 508 Solons Alley). Each parcel includes a duplex and two ADUs, totaling four units per parcel:

• Two 2-bed/2-bath units (1,014 SF each)
• Two 1-bed/1-bath ADU units (600 SF each)

The owner anticipates Permit Ready plans by Q1 2026 or sooner, with plan check review and approval nearing completion. This replicated 8-unit design is favored by local builders for the full 40’x160’ street-to-alley parcel configuration and will benefit from its Opportunity Zone designation.

Located just blocks from Sacramento’s Central Business District, future tenants will enjoy walkable access to premier destinations including Downtown Commons (DOCO), Golden 1 Center (Home of the Sacramento Kings), Sutter Health Park (Home of the River Cats and temporary Oakland Athletics till 2027), top-tier restaurants, and vibrant nightlife.

This offering is ideal for experienced developers seeking a manageable project or new builders entering the development market.

For due diligence materials, please contact the listing agent directly.

Investment Highlights

  • Located in an Opportunity Zone
  • Approved plans in place with "Permit Ready" estimation in Q1 2026
  • Flexibility to build or sell all 8 units at one time, or as separate 4-Plex's

Exclusively Listed By

Multi-Family

509 T Street

Listing Price: $799,999

Lot Size
0.15 acres
Price/Acre
$5,333,327
Land Type
Land
Buildable Square Feet
6,456

Investment Highlights

  • Located in an Opportunity Zone
  • Approved plans in place with "Permit Ready" estimation in Q1 2026
  • Flexibility to build or sell all 8 units at one time, or as separate 4-Plex's

Investment Overview

Marcus & Millichap is pleased to present 509 T Street, an 8-unit multifamily development opportunity comprising two separate parcels (509 T St, 508 Solons Alley). Each parcel includes a duplex and two ADUs, totaling four units per parcel: • Two 2-bed/2-bath units (1,014 SF each) • Two 1-bed/1-bath ADU units (600 SF each) The owner anticipates Permit Ready plans by Q1 2026 or sooner, with plan check review and approval nearing completion. This replicated 8-unit design is favored by local builders for the full 40’x160’ street-to-alley parcel configuration and will benefit from its Opportunity Zone designation. Located just blocks from Sacramento’s Central Business District, future tenants will enjoy walkable access to premier destinations including Downtown Commons (DOCO), Golden 1 Center (Home of the Sacramento Kings), Sutter Health Park (Home of the River Cats and temporary Oakland Athletics till 2027), top-tier restaurants, and vibrant nightlife. This offering is ideal for experienced developers seeking a manageable project or new builders entering the development market. For due diligence materials, please contact the listing agent directly.

Exclusively Listed By

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