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Vacant Three-Unit Triplex
For Sale
$950,000

155 Nob Hill Terrace Morgan, Morgan Hill, CA 95037

Updated interiors, public utilities, and convenient access to schools, dining, and shopping support flexible ownership or leasing plans.

Property SizeContact for details
Days on Market424

Property Features for 155 Nob Hill Terrace Morgan

General Information

Standard status Active
Property subtype Triplex

Property Condition

Severity Repairs Needed
Evidence put the finishing touches on it

Additional Details

Multifamily Units 3

Amenities

Central Forced Air
Public Utilities, Water - Public, Composition

Building Details

Year Built 1925
Listing Agency: Wunderlich Realty
Listed By: John Wunderlich · License #01739226
Source: Kw
Added: Jul 2, 2025 Changed: Aug 28 Last Checked: Aug 28 at 5:36PM

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 Wunderlich Realty

Investment Insights

Based on property information with market context.

Built in 1925, this vacant triplex offers three residential units with refreshed interiors and exterior finishes. Each apartment has new LVP flooring, while fresh paint inside and out provides a consistent presentation across the property. Unit A includes a new kitchen, updated bathroom, generous living room, and views toward the surrounding hills; its move-in-ready condition also supports use as an owner's residence. Central forced air serves the property, with public utilities and public water in place.

The property is within walking distance of assigned elementary and middle schools, restaurants, and shopping. Its three-unit configuration and existing improvements provide a practical foundation for an owner-occupant or multifamily leasing strategy.

Key Highlights

  • Three‑unit vacant triplex built in 1925
  • Unit A features a new kitchen, updated bathroom, spacious living room, and surrounding hill views
  • New LVP flooring installed in all three apartments

Property Analytics

Current Use

Good 1 Minor ... Plumbing Service

Suggested Use

Top Pick Grocery & Convenience Store Computer & Electronic Repair Parking Lot & Garage Locksmith Tech Support Center (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,305
Businesses Nearby

Demographics for 95037, CA

53,126
Population
17,185
Households
3.1
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
120.1 sq mi
ZIP Area
442
Density / Sq Mi
$158,256
Median Household Income
$71,130
Median Earnings
$2,242
Median Rent
$1,152,400
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?
Triplex - Updated interiors, public utilities, and convenient access to schools, dining, and shopping support flexible ownership or leasing plans.
Where is this triplex located?
The property is located at 155 Nob Hill Terrace Morgan Morgan Hill, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑unit vacant triplex built in 1925; Unit A features a new kitchen, updated bathroom, spacious living room, and surrounding hill views; New LVP flooring installed in all three apartments
More about this property
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