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    Millbrae, CA
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    Millbrae, CA Multifamily Properties for Sale

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    Six-Unit Studio Apartment Building
    Updated: Mar 17
    Six-Unit Studio Apartment Building

    840 El Camino Real, Millbrae, CA 94030

    $2,238,888
    4,410 sqft
    Six studio residences totaling 4,410 square feet
    Covered parking, private storage, and on‑site laundry
    Less than half a mile from the Millbrae transit hub
    Access to BART and Caltrain
    Connections to Highway 101, I‑280, and SFO
    View details
    Updated Duplex With Enclosed Garages
    Updated: Jan 4
    Updated Duplex With Enclosed Garages

    1310 MAGNOLIA Avenue, Millbrae, CA 94030

    $1,525,000
    Remodeled duplex built in 1953 with two 2‑bedroom, 1‑bath units
    Each unit includes a one‑car enclosed garage plus backyard space
    Unit 1310 features a fireplace and an extra‑large storage area by the garage
    Unit 1310 also has a nice‑size side yard
    Interior features reported include dishwasher and garbage disposal
    View details
    See what stands out in San Mateo 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 76 Potential Opportunities for your consideration. Besides 2 Active listings in Millbrae, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    FiveOrMoreUnits
    FiveOrMoreUnits

    1775 Marco Polo WAY, Burlingame, CA 94010

    $16,498,000
    23,075 sqft 0.90 AC lot

    Apartment buildings · 23,075 SF

    View details
    Duplex with Separate Garages
    Duplex with Separate Garages

    449 Angus Avenue, San Bruno, CA 94066

    $1,199,000
    1,220 sqft

    Two separately accessed units include private rear yards and individual garages.

    View details
    7-Unit Apartment Building
    7-Unit Apartment Building

    San Bruno, CA 94066

    $2,400,000

    Bedroom mix includes two- and three-bedroom residences, with carports, a laundry room, and storage.

    View details
    Fourplex with Garages
    Fourplex with Garages

    1132 Paloma Ave, Burlingame, CA 94010

    Contact for pricing

    Four-unit property with varied layouts, private outdoor space, storage, and onsite laundry.

    View details

    Off-Market Properties in Millbrae, CA

    Consider similar Off-Market properties in Millbrae, 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.

    15 Broadway
    APARTMENT HOUSE (5+ UNITS)

    15 Broadway, Millbrae, CA 94030-3050

    $1,570,000
    Estimated value
    6,684 sqft 0.19 AC lot
    View details
    424 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    424 Richmond Dr, Millbrae, CA 94030-1637

    $4,985,000
    Estimated value
    11,820 sqft 0.28 AC lot
    View details
    50 Broadway
    APARTMENT HOUSE (5+ UNITS)

    50 Broadway, Millbrae, CA 94030-2552

    $305,000
    Estimated value
    5,766 sqft 0.14 AC lot
    View details
    1019 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    1019 Magnolia Ave, Millbrae, CA 94030-1902

    $440,000
    Estimated value
    11,231 sqft 0.28 AC lot
    View details
    491 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    491 Richmond Dr, Millbrae, CA 94030-1640

    $385,000
    Estimated value
    8,684 sqft 0.20 AC lot
    View details
    481 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    481 Lincoln Cir, Millbrae, CA 94030-1762

    $3,100,000
    Estimated value
    10,371 sqft 0.16 AC lot
    View details
    25 Broadway
    APARTMENT HOUSE (5+ UNITS)

    25 Broadway, Millbrae, CA 94030-3051

    $340,000
    Estimated value
    7,377 sqft 0.19 AC lot
    View details
    440 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    440 Richmond Dr, Millbrae, CA 94030-1644

    $3,020,000
    Estimated value
    6,831 sqft 0.15 AC lot
    View details
    116 Chadbourne Ave
    APARTMENT HOUSE (5+ UNITS)

    116 Chadbourne Ave, Millbrae, CA 94030-2555

    $1,010,000
    Estimated value
    5,864 sqft 0.13 AC lot
    View details
    508 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    508 Richmond Dr, Millbrae, CA 94030-1659

    $565,000
    Estimated value
    6,132 sqft 0.11 AC lot
    View details
    300 Millbrae Ave
    APARTMENT HOUSE (5+ UNITS)

    300 Millbrae Ave, Millbrae, CA 94030

    $820,000
    Estimated value
    2.57 AC lot
    View details
    483 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    483 Lincoln Cir, Millbrae, CA 94030-1763

    $3,480,000
    Estimated value
    8,268 sqft 0.16 AC lot
    View details
    394 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    394 Richmond Dr, Millbrae, CA 94030-1749

    $3,405,000
    Estimated value
    14,030 sqft 0.29 AC lot
    View details
    1007 Hemlock Ave
    APARTMENT HOUSE (5+ UNITS)

    1007 Hemlock Ave, Millbrae, CA 94030-2053

    $5,530,000
    Estimated value
    12,276 sqft 0.26 AC lot
    View details
    970 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    970 Magnolia Ave, Millbrae, CA 94030-1946

    $6,975,000
    Estimated value
    11,816 sqft 0.36 AC lot
    View details
    141 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    141 Magnolia Ave, Millbrae, CA 94030-3048

    $3,145,000
    Estimated value
    6,710 sqft 0.14 AC lot
    View details
    464 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    464 Lincoln Cir, Millbrae, CA 94030-1755

    $340,000
    Estimated value
    8,110 sqft 0.17 AC lot
    View details
    506 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    506 Richmond Dr, Millbrae, CA 94030-1649

    $365,000
    Estimated value
    6,806 sqft 0.14 AC lot
    View details
    35 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    35 Magnolia Ave, Millbrae, CA 94030-3039

    $495,000
    Estimated value
    18,357 sqft 0.32 AC lot
    View details
    422 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    422 Lincoln Cir, Millbrae, CA 94030-1759

    $640,000
    Estimated value
    8,140 sqft 0.17 AC lot
    View details
    362 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    362 Richmond Dr, Millbrae, CA 94030-1779

    $1,355,000
    Estimated value
    14,030 sqft 0.28 AC lot
    View details
    131 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    131 Magnolia Ave, Millbrae, CA 94030-3047

    $1,760,000
    Estimated value
    6,710 sqft 0.14 AC lot
    View details

    Millbrae, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Millbrae, CA on our real estate platform. These investment opportunities span a total of 4,410 square feet of properties for sale, with an estimated market value of $3,763,888.

    Sale prices for multifamily properties in Millbrae, CA start at $1,525,000, averaging $1,881,944, and reaching up to $2,238,888 — 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

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) -0.5%
    Median Household Income $157,567
    College Educated 71.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    94030 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $7.25 per SF
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Mateo 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 Mateo County

    Retail

    Residential Income

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