Renovated Seven-Unit Apartment
For Sale
$7,500,000
251 Middlefield Rd, Palo Alto, CA 94301
Renovated interiors and centralized laundry complement the seven-unit residential configuration.
Property Size5,939 SF
Price / SF$1,262
Days on Market309
Property Features for 251 Middlefield Rd
General Information
Standard status
Active
Size
5,939 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
7
Amenities
centralized laundry facility
automated drip irrigation
Building Details
Year Built
1915
Year Renovated
2019
Buildings
1
Listing Agency:
Engel & Volkers Roseville
(916) 768-1222
Listed By:
Bilal Bill Sadek · License #00970296
Source:
Homesofgreatersacramento
Added: Oct 28, 2025
Changed: Aug 31
Last Checked: Aug 31 at 5:52PM
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 Engel & Volkers Roseville
Investment Insights
Based on property information with market context.
Originally constructed in 1915 and comprehensively renovated in 2019, this 5,939-square-foot apartment property contains seven residential units with updated finishes and a range of unit layouts. Interior features include stainless steel appliances, granite countertops, hardwood and tile flooring, skylights, vaulted ceilings, double-pane windows, and designer finishes. Energy-efficient mini-split systems serve the units, with central heating in select residences. The largest residence exceeds 2,000 square feet and includes three bedrooms, an office, and two bathrooms; the main ground-floor unit is over 1,400 square feet and has two master suites.
A finished basement of approximately 2,868 square feet has private access, a kitchenette, and a bathroom, separate from the official living area. The property also provides centralized laundry, landscaped grounds with automated drip irrigation, and professional landscaping. Most units are used as corporate housing, and the property is fully occupied. Located at 251 Middlefield Rd in Palo Alto, the building is near Stanford University, downtown, technology employers, restaurants, cafes, parks, and other amenities.
A finished basement of approximately 2,868 square feet has private access, a kitchenette, and a bathroom, separate from the official living area. The property also provides centralized laundry, landscaped grounds with automated drip irrigation, and professional landscaping. Most units are used as corporate housing, and the property is fully occupied. Located at 251 Middlefield Rd in Palo Alto, the building is near Stanford University, downtown, technology employers, restaurants, cafes, parks, and other amenities.
Key Highlights
- Seven renovated residential units within a 5,939‑square‑foot apartment property
- Originally built in 1915 and comprehensively renovated in 2019
- Penthouse exceeds 2,000 sq ft with three bedrooms, an office, and two bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,893
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated interiors and centralized laundry complement the seven-unit residential configuration.
Where is this apartment building located?
The property is located at 251 Middlefield Rd Palo Alto, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Seven renovated residential units within a 5,939‑square‑foot apartment property; Originally built in 1915 and comprehensively renovated in 2019; Penthouse exceeds 2,000 sq ft with three bedrooms, an office, and two bathrooms
