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Duplex Income Property
For Sale
$3,350,000
Pending

727 Waverley, Palo Alto, CA 94301

Two-unit income property positioned close to downtown Palo Alto and University Ave.

Property Size3,258 SF
Days on Market89

Property Features for 727 Waverley

General Information

Standard status Pending
Size 3,258 SF
Property subtype Investment

Building Details

Building Size 3,258 SF
Year Built 1904
Tenancy Multi
Listing Agency: Compass
Listed By: Bryan Danforth · License #01789680
Source: Elliman
Added: Jun 4 Changed: Aug 25 Last Checked: Aug 31 at 4:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

727–729 Waverley Street is a duplex-style income property containing two apartment residences under one ownership. The offering is presented for buyers seeking a small multifamily asset.

The property is located about two blocks (approximately 100 yards) from the heart of downtown Palo Alto and University Ave, placing it within close reach of major shopping, dining, and business activity along that corridor.

This configuration can fit buyers looking for a straightforward, two-unit residential income investment in a highly walkable area near downtown Palo Alto and University Ave. The building’s compact scale may appeal to owners who prefer managing a small multifamily holding while remaining close to a central employment and amenity hub.

Key Highlights

  • Two‑unit income property at 727–729 Waverley St
  • Built in 1904
  • Located about 2 blocks (100 yards) from downtown Palo Alto

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Food Market Barber Shop Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,260
Businesses Nearby

Demographics for 94301, CA

17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit income property positioned close to downtown Palo Alto and University Ave.
Where is this duplex located?
The property is located at 727 Waverley Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Two‑unit income property at 727–729 Waverley St; Built in 1904; Located about 2 blocks (100 yards) from downtown Palo Alto
More about this property
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