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    Carmel, CA Multifamily Properties for Sale

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    Cottage Duplex with Carmel Character
    Updated: Sep 4
    Cottage Duplex with Carmel Character

    3111 Serra Avenue, Carmel, CA 93923

    $1,795,000
    1,301 sqft
    Two‑residence duplex with 1,301 square feet
    Main home includes living room, separate dining room, remodeled kitchen, and bedrooms
    Remodeled kitchen features marble countertops and double ovens
    Hardwood floors, high open‑beam ceilings, and rock fireplace
    New roofs on main house and guest house with 10‑year warranties
    View details
    See what stands out in Monterey County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Carmel, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Updated Triplex with Private Entrances
    Updated Triplex with Private Entrances

    410 Pine Ave, Pacific Grove, CA 93950

    $2,199,000
    3,528 sqft

    Three individually metered residences offer separate kitchens, laundry areas, bedrooms, bathrooms, and private access.

    View details
    Cottage Apartment Property
    Cottage Apartment Property

    870 Alice Street, Monterey, CA 93940

    $2,300,000
    440 sqft

    Seven detached cottages with shared laundry, garage storage, and landscaped outdoor sitting areas in Monterey.

    View details
    11-Unit Apartment Building
    11-Unit Apartment Building

    818 Sunset Dr, Pacific Grove, CA 93950

    Contact for pricing
    8,848 sqft

    Fully leased multifamily property with 11 units in western Pacific Grove.

    View details
    Unique Monterey Multifamily Property
    Unique Monterey Multifamily Property

    942 Munras Ave, Monterey, CA 93940

    Contact for pricing
    5,033 sqft 0.48 AC lot

    Two multifamily properties offered together in Monterey, California.

    View details

    Off-Market Properties in Carmel, CA

    Consider similar Off-Market properties in Carmel, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Msn St
    APARTMENT HOUSE (5+ UNITS)

    Msn St, Carmel, CA

    Estimated value:
    $2,305,000
    616 sqft
    View details
    Junipero Ave
    APARTMENT HOUSE (5+ UNITS)

    Junipero Ave, Carmel, CA 93923

    Estimated value:
    $415,000
    0.12 AC lot
    View details
    Monte Verde St
    APARTMENT HOUSE (5+ UNITS)

    Monte Verde St, Carmel, CA 93923

    Estimated value:
    $390,000
    0.35 AC lot
    View details
    Msn St
    APARTMENT HOUSE (5+ UNITS)

    Msn St, Carmel, CA 93923

    Estimated value:
    $345,000
    0.09 AC lot
    View details
    Lincoln St
    APARTMENT HOUSE (5+ UNITS)

    Lincoln St, Carmel, CA

    Estimated value:
    $485,000
    0.35 AC lot
    View details
    Msn St
    APARTMENT HOUSE (5+ UNITS)

    Msn St, Carmel, CA 93923

    Estimated value:
    $635,000
    3,143 sqft 0.09 AC lot
    View details
    Junipero Ave
    APARTMENT HOUSE (5+ UNITS)

    Junipero Ave, Carmel, CA 93923

    Estimated value:
    $445,000
    0.12 AC lot
    View details
    Torres St
    APARTMENT HOUSE (5+ UNITS)

    Torres St, Carmel, CA 93923

    Estimated value:
    $1,110,000
    6,379 sqft 0.18 AC lot
    View details
    Msn St
    APARTMENT HOUSE (5+ UNITS)

    Msn St, Carmel, CA 93923

    Estimated value:
    $280,000
    578 sqft 0.18 AC lot
    View details
    5499 Grey Goose Gulch
    APARTMENT HOUSE (5+ UNITS)

    5499 Grey Goose Gulch, Carmel, CA 93923-7977

    Estimated value:
    $315,000
    9.00 AC lot
    View details
    Lincoln St
    APARTMENT HOUSE (5+ UNITS)

    Lincoln St, Carmel, CA

    Estimated value:
    $335,000
    4,017 sqft
    View details
    Dolores St
    APARTMENT HOUSE (5+ UNITS)

    Dolores St, Carmel, CA

    Estimated value:
    $1,110,000
    7,740 sqft 0.18 AC lot
    View details
    5315 Carmel Vly Rd
    APARTMENT HOUSE (100+ UNITS)

    5315 Carmel Vly Rd, Carmel, CA 93923-9552

    Estimated value:
    $325,000
    7.70 AC lot
    View details

    Carmel, CA Multifamily Properties Market Trends and Statistics

    Explore 14 multifamily properties for sale in Carmel, CA on our real estate platform. These investment opportunities span a total of 1,301 square feet of properties for sale, with an estimated market value of $1,795,000.

    Sale prices for multifamily properties in Carmel, CA average $1,795,000 — 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

    Duplexes 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -3.6%
    Median Household Income $116,692
    College Educated 67.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $16.54 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

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