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    Millbrae, CA
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    Millbrae, CA Multifamily Properties for Sale

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    Side-by-Side Duplex With En-Suite
    Updated: Jul 2
    Side-by-Side Duplex With En-Suite

    440 Millbrae AVE, Millbrae, CA 94030

    $2,600,000
    3,719 sqft 0.14 AC lot
    Duplex with two identical side‑by‑side units
    Each unit offers 3 bedrooms and 2 full baths, including a private en‑suite primary bedroom
    Both units are occupied by month‑to‑month tenants
    Heating includes forced air with central heating and natural gas
    Attached garage parking and composition roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    440 Millbrae AVE, MILLBRAE, CA 94030

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $108K
      Annual

    • Price @ 7% Cap

      $1.54M
      Suggested

    • Property Type

      Duplex
      Built 1961
    View Property Analytics
    Millbrae Value-Add Development Opportunity
    Updated: Apr 14
    Millbrae Value-Add Development Opportunity

    105 Chadbourne Avenue, Millbrae, CA 94030

    $6,500,000
    7,932 sqft 0.28 AC lot
    Prime location in Millbrae, a highly desirable and supply‑constrained Bay Area market.
    Value‑add and development opportunity with two contiguous parcels totaling ±12,000 SF.
    Includes an 8‑unit apartment building and an adjacent single‑family home (9 units total, 100% occupied).
    Potential to capitalize on California's pro‑housing legislation.
    Stable cash flow with substantial long‑term appreciation potential.
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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    840 El Camino Real, Millbrae, CA 94030

    $2,288,000
    4,410 sqft

    Well-maintained six-unit apartment building offering studio residences with covered parking, private storage, and on-site laundry.

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    Duplex with Two Identical Units
    Duplex with Two Identical Units

    440 Millbrae Avenue, Millbrae, CA 94030

    $2,600,000
    3,719 sqft

    Two side-by-side homes offer flexible rental income with month-to-month tenants and room to live in one unit.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Well-Maintained 6-Unit Studio Building
    Well-Maintained 6-Unit Studio Building

    840 El Camino Real, Millbrae, CA 94030

    $2,288,888

    Fully occupied 6-unit multifamily property with studio layouts and tenant-paid PG&E.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Millbrae, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Multifamily Apartment Building
    Multifamily Apartment Building

    1140 El Camino Real, Burlingame, CA 94010

    $2,995,000
    4,883 sqft

    Spacious 1-bedroom units with individual water heaters and recent capital improvements, plus potential for ADU conversion of carports.

    View details
    Six-Unit Apartment Building with Garages
    Six-Unit Apartment Building with Garages

    260 San Marco Avenue, San Bruno, CA 94066

    $2,199,000
    6,252 sqft

    Six enclosed garages support a 6-unit apartment building with five occupied two-bedroom units and one vacant for rehab.

    View details
    Duplex with Private Garages
    Duplex with Private Garages

    536 - 540 Green Avenue, San Bruno, CA 94066

    $1,324,000
    2,224 sqft

    Two separately metered 2-bedroom units each include washer/dryer and a large private two-car garage.

    View details
    Commercial
    Commercial

    1775 Marco Polo Way, Burlingame, CA 94010

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

    Apartment buildings · 23,075 SF

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Clearlake Land/Lot Opportunity
    Clearlake Land/Lot Opportunity

    3519 Covelo Street, Clearlake, CA 95422

    Contact for pricing
    0.13 AC lot

    Three adjoining lots near Pomo school, ideal for manufactured home.

    View details
    Mountain View Acreage in Berry Creek
    Mountain View Acreage in Berry Creek

    374 Jatko, Berry Creek, CA 95916

    $125,000
    6.79 AC lot

    6.79 acres of terraced land with mountain views.

    View details
    Land with Private Well
    Land with Private Well

    7114 Horseshoe, Corning, CA 96021

    $34,900
    1.28 AC lot

    Over an acre of land with a private well.

    View details
    Residential Land for Mobile Home
    Residential Land for Mobile Home

    15785 Placer Court, Corning, CA 96021

    Contact for pricing
    1.61 AC lot

    Level 1.61-acre lot with power poles at the street, suited for residential farm use under RE-MH-BZ zoning.

    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

    Value Estimation by Request
    5,766 sqft 0.14 AC lot
    View details
    1019 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    1019 Magnolia Ave, Millbrae, CA 94030-1902

    $710,000
    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

    $610,000
    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

    Value Estimation by Request
    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

    $3,530,000
    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

    $5,240,000
    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

    $6,025,000
    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

    $2,920,000
    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

    Value Estimation by Request
    8,110 sqft 0.17 AC lot
    View details
    506 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    506 Richmond Dr, Millbrae, CA 94030-1649

    $560,000
    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

    $1,035,000
    Estimated value
    18,357 sqft 0.32 AC lot
    View details

    Millbrae, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Millbrae, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 19,780 square feet of properties for sale, with an estimated market value of $16,276,888.

    Sale prices for multifamily properties in Millbrae, CA start at $2,288,000, averaging $3,255,377, and reaching up to $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Duplexes 2

    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 $4.6M

    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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