1123 D St, Sacramento, CA 95814

• 3 beds |
• 4 baths |
• 4,613 sqft

Property Description

Rare Historic Gem in the Heart of Downtown Sacramento - 1860 built Former Schoolhouse Ready for Reimagined Living. Step into a piece of Sacramento's storied past with this exceptional 1860-built former schoolhouse, nestled in the vibrant core of Downtown Sacramento. Offering timeless historical charm with its original character: high ceilings, classic architectural details, and the enduring appeal of mid-19th-century craftsmanship. Featuring three stories and more than 4,600 square feet of interior space on a huge 0.3 acre lot (one of the largest in the area). This large lot provides rare outdoor potential, breathing room amid urban density, and significant development upside. Zoned as flexible C-2 (general commercial), this property is versatile for today's buyers. Envision transforming it into a stunning single-family residence (SFR) with a spacious downstairs accessory dwelling unit (ADU) for multigenerational living, rental income, or guest quarters. Alternatively, capitalize on the three distinct floors and separate entrances to create a tri-plex, ideal for income generation, short-term rentals, or a live/work setup in one of Sacramento's most walkable, amenity-rich neighborhoods. The generously sized lot also presents strong potential for a lot split ,opening doors to further development opportunities: mixed-use projects, additional unit(s) (subject to city approval). Whether you're an investor seeking strong rental potential and development upside, a developer looking for a mixed-use project, or a visionary homeowner wanting a one-of-a-kind downtown residence with history and flexibility, this rare opportunity won't last!

Listing Status:

Active

Data Last Updated:

April 15, 2026 at 9:30PM

Listing Office:

Florence Real Estate : 8037202

Listing Agent:

Chris Firenze : 916 8037202

MLS ID:

226023198

Interior

• General: Cathedral Ceiling
• Rooms: Bedroom(s)
• Kitchen: Other Counter
• Dining: Other
• Living Room: Great Room
• Laundry: Inside Area
• Flooring: LaminateTile
• A/C: Ceiling Fan(s)CentralWall Unit(s)Window Unit(s)
• Heating: Central
• Fireplace: OtherFireplaces: 4

Exterior

• General: Balcony
• Style: Victorian
• Parking: Alley AccessParking spaces: 0

Construction

• Roofing: Flat
• General: FrameWoodThreeOrMoreRaised

Location

• HOA Amenities: 0.0
• Originating MLS: MLS Metrolist
• School District: Sacramento
• County: Sacramento

Lot

• Zoning: 002-0075-026-0000

Utilities

• Utilities: PublicElectricNatural Gas Connected220 Volts
• Water: Public
• Sewer: Public Sewer

Financial

• Source: MLS Metrolist