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$875,000
7,124 SqFt. 226055898 MLS
Mixed-Use Investment Opportunity with Multiple Income Streams! Unique mixed-use property offering a combination of residential units and a freestanding church space on a .79-acre Mixed-zoned parcel, creating strong income potential with room to improve and add value. The property includes a church building of approximately 1,800 sq ft, featuring a kitchen area, two offices, storage room, and two bathrooms, currently leased month-to-month at $1,100/month. This flexible space opens the door for continued use as a place of worship or potential repurposing (buyer to verify). In addition, the property includes multiple residential units: a main house with 3 bedrooms and 1 bathroom (owner-occupied, with market rent upside); a detached 2-bedroom, 1-bath unit currently rented at $1,300/month; a separate 1-bedroom, 1-bath unit (prior rent $650/month); and a triplex consisting of one studio unit rented at $750/month, one 2-bedroom/1-bath unit rented at $950/month, and one 1-bedroom/1-bath unit (prior rent $850/month, currently being prepared for re-lease). Current actual rental income is approximately $4,100/month, with stabilized pro-forma income potential significantly higher once all units are at market rent. Most tenancies are month-to-month, offering flexibility for repositioning. Additional features include eight off-street parking spaces and a shared utility area with water heaters and a designated laundry space offering future income potential. Owner currently pays approximately $1,000/month for city water and garbage. This is a true value-add opportunity with several units producing income and others offering upside through lease stabilization, unit turns, and improved management. Ideal for investors looking to expand their portfolio with a property that has diverse income streams and long-term potential. Convenient Sacramento location with easy access to major roadways, services, and amenities. Buyer to verify all unit counts, square footage, zoning, rents, and condition. Bring your vision this is an opportunity you don't see every day.

3201 Rio Linda Boulevard, Sacramento

Listing courtesy of eXp Realty of California Inc.

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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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Richardson Village Sacramento Homes for Sale

Richardson Village Real Estate & Market Trends

If you are looking for accessible homeownership in North Sacramento, richardson village sacramento homes for sale offer some of the most competitively priced options in the region. This well-established, diverse neighborhood is highly sought after by first-time homebuyers and investors looking for excellent value just minutes from the city center.

Affordable Homes in the 95815 ZIP Code

The Richardson Village real estate market is known for its affordability compared to the broader Sacramento area. Median home prices typically range from the mid-$300,000s to the low-$400,000s, providing an excellent entry point into the market. The neighborhood features a mix of housing, making it a great place to find value without sacrificing proximity to urban amenities.

Cozy Mid-Century Home Styles

Unlike the sprawling new builds of the outer suburbs, Richardson Village is defined by its cozy, established mid-century architecture. Buyers here will find classic single-story homes on mature, tree-lined streets, offering great potential for customization, renovation, and long-term equity growth.

Living in Richardson Village

Residents appreciate this community for its dense, suburban feel, community diversity, and highly convenient location.

Richardson Village Park & Outdoor Activities

A major highlight of the neighborhood is the 7.4-acre Richardson Village Park. Located right in the community, it provides a serene green space for residents to enjoy. The park features well-maintained walking and jogging trails, a playground for children, and open spaces surrounded by lush trees, making it a perfect spot for weekend recreation.

Commuting to Downtown & Highway 80 Access

For commuters, Richardson Village is exceptionally convenient. Located in the 95815 ZIP code, residents enjoy immediate access to both Highway 80 and the Capital City Freeway. This prime location allows for a fast, straightforward drive into Downtown Sacramento for work, dining, and entertainment, as well as easy travel to the Sacramento International Airport.