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    Milpitas, CA Multifamily Properties for Sale

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    Four-Unit Two-Bedroom Apartment Building
    Updated: Jun 2
    Four-Unit Two-Bedroom Apartment Building

    322 Dempsey Rd, Milpitas, CA 95035

    $1,650,000
    2,992 sqft 0.19 AC lot
    Four (4) two‑bedroom, one‑bath units on an approx. 0.1889‑acre lot
    Each unit offers approx. 748 sq ft of living space
    Flexible portfolio options: can also be purchased with 310, 334, and 346 Dempsey Rd
    Seller financing available
    Convenient Silicon Valley access with close proximity to I‑237, I‑680, and I‑880
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    Four-Unit Residential Income Property
    Updated: Jun 3
    Four-Unit Residential Income Property

    346 Dempsey Rd, Milpitas, CA 95035

    $1,700,000
    2,992 sqft 0.19 AC lot
    Four‑unit multifamily at 346 Dempsey Road (also available with 310, 322, and 334 Dempsey Rd)
    Unit mix: (4) two‑bedroom, one‑bath units
    Each unit offers approx. 748 SF of living space
    Approx. 0.192‑acre lot
    Centralized Silicon Valley location with access to CA‑237, I‑680, and I‑880
    View details
    Fourplex Investment Opportunity
    Fourplex Investment Opportunity

    310 Dempsey Rd, Milpitas, CA 95035

    $1,650,000
    0.21 AC lot

    Four two-bedroom, one-bath units on a compact lot with strong Silicon Valley access near major freeways and transit.

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    Value-Add Fourplex Investment
    Value-Add Fourplex Investment

    1346 Calle Oriente, Milpitas, CA 95035

    $1,600,000
    0.21 AC lot

    Fourplex with a strong 2-bedroom and 1-bedroom mix, offering value-add potential in a centrally connected Silicon Valley setting.

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    Updated Home in Senior Community
    Updated Home in Senior Community

    60 wilson Way 117, Milpitas, CA 95035

    $428,000

    Updated 3-bedroom, 2-bath home in Milpitas senior community.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Milpitas, 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.

    Duplex With Corner Lot
    Duplex With Corner Lot

    1611 Archer ST, Alviso, CA 95002

    $950,000
    1,508 sqft 0.21 AC lot

    Two 2BR/1BA units on a large corner lot offer a straightforward residential income setup with renovation room.

    View details
    Remodeled Alviso Duplex with Corner Lot
    Remodeled Alviso Duplex with Corner Lot

    1611 Archer Street, Alviso, CA 95002

    $950,000
    1,508 sqft 0.21 AC lot

    Two 2-bedroom units on a large corner lot, with one remodeled side and the other partially remodeled.

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    Updated Double-Wide Mobile Home
    Updated Double-Wide Mobile Home

    491 Venecia Dr 491, San Jose, CA 95133

    $349,888
    1,672 sqft

    An updated double-wide with new interior finishes and appliances, plus inside laundry in a 55+ park near light rail.

    View details
    San Jose Multifamily Investment Opportunity
    San Jose Multifamily Investment Opportunity

    256 La Pala Drive, San Jose, CA 95127

    $11,698,000
    32,000 sqft

    38-unit apartment community with recent capital improvements and community amenities.

    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.

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    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.

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    Land in Carson City, Nevada
    Land in Carson City, Nevada

    2387 Sneddon Way, Carson City, NV 89706

    $150,000

    Land available in Carson City, Nevada.

    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

    Off-Market Properties in Milpitas, CA

    Consider similar Off-Market properties in Milpitas, 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.

    236 Selwyn Dr
    APARTMENT HOUSE (5+ UNITS)

    236 Selwyn Dr, Milpitas, CA 95035-5578

    $540,000
    Estimated value
    3,795 sqft 0.24 AC lot
    View details
    1317 Mccandless Dr
    APARTMENT HOUSE (5+ UNITS)

    1317 Mccandless Dr, Milpitas, CA 95035-8123

    Value Estimation by Request
    503,840 sqft 5.02 AC lot
    View details
    Milpitas, CA 95035
    APARTMENT HOUSE (5+ UNITS)

    Milpitas, CA 95035

    $510,000
    Estimated value
    0.70 AC lot
    View details
    1135 Shirley Dr
    APARTMENT HOUSE (5+ UNITS)

    1135 Shirley Dr, Milpitas, CA 95035-5534

    $870,000
    Estimated value
    2,992 sqft 0.17 AC lot
    View details
    730 Capitol Ave
    APARTMENT HOUSE (5+ UNITS)

    730 Capitol Ave, Milpitas, CA 95035-6812

    Value Estimation by Request
    17,323 sqft 3.34 AC lot
    View details
    186 Selwyn Dr
    APARTMENT HOUSE (5+ UNITS)

    186 Selwyn Dr, Milpitas, CA 95035-5559

    $5,700,000
    Estimated value
    16,452 sqft 0.58 AC lot
    View details
    449 Main St
    APARTMENT HOUSE (5+ UNITS)

    449 Main St, Milpitas, CA 95035-5318

    $3,110,000
    Estimated value
    7,710 sqft 0.54 AC lot
    View details
    1675 Milpitas Blvd
    APARTMENT HOUSE (5+ UNITS)

    1675 Milpitas Blvd, Milpitas, CA 95035-6688

    $3,245,000
    Estimated value
    239,340 sqft 2.32 AC lot
    View details
    515 Main St
    APARTMENT HOUSE (5+ UNITS)

    515 Main St, Milpitas, CA 95035-5332

    $2,580,000
    Estimated value
    4,800 sqft 0.33 AC lot
    View details
    552 Penitencia Ct
    APARTMENT HOUSE (5+ UNITS)

    552 Penitencia Ct, Milpitas, CA 95035-4261

    $1,580,000
    Estimated value
    10,230 sqft 0.38 AC lot
    View details
    1000 Hillview Ct
    APARTMENT HOUSE (5+ UNITS)

    1000 Hillview Ct, Milpitas, CA 95035-4578

    $16,320,000
    Estimated value
    61,163 sqft 3.28 AC lot
    View details
    501 Murphy Rnch Rd
    APARTMENT HOUSE (5+ UNITS)

    501 Murphy Rnch Rd, Milpitas, CA 95035-7913

    Value Estimation by Request
    362,780 sqft 7.58 AC lot
    View details
    252 Selwyn Dr
    APARTMENT HOUSE (5+ UNITS)

    252 Selwyn Dr, Milpitas, CA 95035-5575

    $645,000
    Estimated value
    3,795 sqft 0.24 AC lot
    View details
    174 Gates Dr
    APARTMENT HOUSE (5+ UNITS)

    174 Gates Dr, Milpitas, CA 95035-8281

    Value Estimation by Request
    4.56 AC lot
    View details
    1483 Calaveras Blvd
    APARTMENT HOUSE (5+ UNITS)

    1483 Calaveras Blvd, Milpitas, CA 95035-5824

    $1,580,000
    Estimated value
    9,984 sqft 0.50 AC lot
    View details
    1439 Calaveras Blvd
    APARTMENT HOUSE (5+ UNITS)

    1439 Calaveras Blvd, Milpitas, CA 95035-5831

    $3,045,000
    Estimated value
    19,968 sqft 1.12 AC lot
    View details
    1455 Calaveras Blvd
    APARTMENT HOUSE (5+ UNITS)

    1455 Calaveras Blvd, Milpitas, CA 95035-5856

    $1,705,000
    Estimated value
    10,946 sqft 0.53 AC lot
    View details
    1471 Calaveras Blvd
    APARTMENT HOUSE (5+ UNITS)

    1471 Calaveras Blvd, Milpitas, CA 95035-5857

    $1,705,000
    Estimated value
    10,946 sqft 0.53 AC lot
    View details
    1515 Milpitas Blvd
    APARTMENT HOUSE (5+ UNITS)

    1515 Milpitas Blvd, Milpitas, CA 95035-2703

    Value Estimation by Request
    0.50 AC lot
    View details

    Milpitas, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Milpitas, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,984 square feet of properties for sale, with an estimated market value of $3,350,000.

    Sale prices for multifamily properties in Milpitas, CA start at $1,650,000, averaging $1,675,000, and reaching up to $1,700,000 — 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

    Quadplexes 4
    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 78K
    Population Growth (5Y) +1.2%
    Median Household Income $176,723
    College Educated 42.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    95035 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Property Tax per SF $9.87 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Clara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Milpitas fall within the 100,000+ square foot range.

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