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    Morro Bay, CA Duplexes for Sale

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    Los Osos, CA Cayucos, CA San Luis Obispo, CA
    Vintage Duplex with Development Plans
    $1,030,000
    Vintage Duplex with Development Plans

    260 Pacific St, Morro Bay, CA 93442

    A vintage duplex with replaced roofing and approved plans to add a third unit, plus possible ADUs and a short-term license option.
    • Vintage duplex built in 1935 in the downtown core of Morro Bay.
    • Approved plans to add a 3rd unit.
    • Current unit mix includes a 2/1 and a 1/1 free‑standing unit, each with its own yard.
    • Rear two‑car garage on the property.
    • Roof and rain gutters were recently replaced.
    Updated: May 16
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    Morro Bay Development Opportunity
    $1,075,000
    Morro Bay Development Opportunity

    260 Pacific, Morro Bay, CA 93442

    Vintage duplex with approved plans for a 3rd unit.
    • Approved plans for a 3rd unit, offering immediate development potential.
    • Potential for an additional ADU and a Jr. ADU, maximizing rental income.
    • Qualifies for a short term vacation rental license, increasing revenue possibilities.
    • Existing duplex with a 2/1 and a 1/1 unit, providing current rental income.
    • Prime downtown core location in Morro Bay, close to the Embarcadero.
    Updated: Oct 6, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Dual Residence in San Luis Obispo
    $1,645,000
    1,714 SF
    Dual Residence in San Luis Obispo

    Remodeled dual-residence property near Cal Poly and downtown.

    667 Howard Street 671, San Luis Obispo, CA 93401

    View details
    Two-Unit Duplex Income Property
    $849,000
    Two-Unit Duplex Income Property

    Duplex with two separate patios and double carports, offering flexible options for rental income or owner-occupancy.

    309 & 311 15th Street, Paso Robles, CA 93446

    View details
    Paso Robles Duplex Near Downtown
    $899,000
    2,150 SF
    Paso Robles Duplex Near Downtown

    Duplex in Paso Robles, suitable for various residential purposes.

    309 15th Street, Paso Robles, CA 93446

    View details
    Old Town SLO Duplex
    $890,000
    Old Town SLO Duplex

    Duplex with detached studio in old-town San Luis Obispo.

    785 Pepper, San Luis Obispo, CA 93401

    View details

    Morro Bay, CA Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,105,000.

    Sale prices for duplexes in Morro Bay, CA start at $1,030,000, averaging $1,052,500, and reaching up to $1,075,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 3
    Duplexes 2
    Mobile home & RV parks 2

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.3%
    Median Household Income $92,163
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93442 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Luis Obispo County

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