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    Monterey, CA Multifamily Properties for Sale

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    Monterey Fourplex with ADU Potential
    $1,750,000
    3,436 SF

    Monterey Fourplex with ADU Potential

    830 Parcel St, Monterey, CA 93940

    Fourplex in New Monterey with approved ADU plans.

    • Located above the iconic Monterey Bay.
    • Prime location in New Monterey near Cannery Row, Pacific Grove, and the DLI.
    • Each unit is a spacious 2‑story townhouse with tasteful upgrades.
    • Fantastic rent roll with room for growth.
    • Approved plans for an additional 2‑bed accessory dwelling unit.
    Updated: Dec 1, 2025
    View details
    Prime Monterey Multifamily Investment
    $2,800,000
    5,033 SF

    Prime Monterey Multifamily Investment

    942 Munras Ave, Monterey, CA 93940

    Iconic Monterey apartment building, downtown location.

    • $2,800,000 asking price for this iconic Monterey multifamily property.
    • Prime downtown Monterey location, walking distance to the city center.
    • Conveniently located near the Del Monte Shopping Center.
    Updated: Dec 11, 2024
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    Based on your search, we've compiled 270 Potential Opportunities for your consideration. Besides 2 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 264 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

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

    Pacific Grove Fourplex with ADU Potential
    $2,480,000
    3,737 SF

    Pacific Grove Fourplex with ADU Potential

    Rare Pacific Grove fourplex with value-add ADU plan.

    618 Forest Ave, Pacific Grove, CA 93950
    View details
    Spacious Duplex Near Lovers Point
    $1,745,000

    Spacious Duplex Near Lovers Point

    Duplex with updated units, close to Lovers Point Beach.

    206 Cypress Ave, Pacific Grove, CA 93950
    View details
    Carmel Retail Ground Lease Opportunity
    $1,050,000
    3,518 SF

    Carmel Retail Ground Lease Opportunity

    Ground lease with improvements in downtown Carmel, California.

    Mission St, Carmel, CA 93923
    View details
    Carmel Retail Ground Lease Opportunity
    $1,050,000

    Carmel Retail Ground Lease Opportunity

    Ground lease with improvements for sale in downtown Carmel.

    Mission St, Carmel, CA 93923
    View details

    Explore Off-Market Properties in Monterey, CA

    Consider similar Off-Market properties in Monterey, 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.

    500 David Ave

    500 David Ave

    APARTMENT HOUSE (5+ UNITS) • 6,176 SF
    Value Estimation by Request
    500 David Ave, Monterey, CA 93940-1119
    View details
    340 Ramona Ave

    340 Ramona Ave

    APARTMENT HOUSE (100+ UNITS) • 0.93 Acres
    Value Estimation by Request
    340 Ramona Ave, Monterey, CA 93940-3814
    View details
    480 Watson St

    480 Watson St

    APARTMENT HOUSE (5+ UNITS) • 3,507 SF
    Value Estimation
    $350,000
    480 Watson St, Monterey, CA 93940-2244
    View details
    484 Spencer St

    484 Spencer St

    APARTMENT HOUSE (5+ UNITS) • 6,299 SF
    Value Estimation
    $325,000
    484 Spencer St, Monterey, CA 93940-1755
    View details
    420 Ramona Ave

    420 Ramona Ave

    APARTMENT HOUSE (100+ UNITS) • 19,704 SF
    Value Estimation by Request
    420 Ramona Ave, Monterey, CA 93940
    View details
    456 Sloat Ave

    456 Sloat Ave

    APARTMENT HOUSE (5+ UNITS) • 4,096 SF
    Value Estimation
    $335,000
    456 Sloat Ave, Monterey, CA 93940-3534
    View details
    399 Dickman Ave

    399 Dickman Ave

    APARTMENT HOUSE (5+ UNITS) • 5,015 SF
    Value Estimation
    $360,000
    399 Dickman Ave, Monterey, CA 93940-1867
    View details
    750 Hawthorne St

    750 Hawthorne St

    APARTMENT HOUSE (5+ UNITS) • 5,130 SF
    Value Estimation
    $390,000
    750 Hawthorne St, Monterey, CA 93940-1145
    View details
    580 Jefferson St

    580 Jefferson St

    APARTMENT HOUSE (5+ UNITS) • 2,275 SF
    Value Estimation
    $310,000
    580 Jefferson St, Monterey, CA 93940-2630
    View details
    1172 1st St

    1172 1st St

    APARTMENT HOUSE (5+ UNITS) • 8,364 SF
    Value Estimation
    $3,560,000
    1172 1st St, Monterey, CA 93940-3359
    View details
    492 Van Buren St

    492 Van Buren St

    APARTMENT HOUSE (5+ UNITS) • 7,529 SF
    Value Estimation
    $1,280,000
    492 Van Buren St, Monterey, CA 93940-2655
    View details
    308 Van Buren St

    308 Van Buren St

    APARTMENT HOUSE (5+ UNITS) • 1,250 SF
    Value Estimation
    $345,000
    308 Van Buren St, Monterey, CA 93940-2376
    View details
    330 Laine St

    330 Laine St

    APARTMENT HOUSE (5+ UNITS) • 3,196 SF
    Value Estimation by Request
    330 Laine St, Monterey, CA 93940-1866
    View details
    675 Jefferson St

    675 Jefferson St

    APARTMENT HOUSE (5+ UNITS) • 7,278 SF
    Value Estimation by Request
    675 Jefferson St, Monterey, CA 93940-2639
    View details
    350 Ramona Ave

    350 Ramona Ave

    APARTMENT HOUSE (100+ UNITS) • 0.27 Acres
    Value Estimation
    $320,000
    350 Ramona Ave, Monterey, CA 93940-3867
    View details
    701 Spencer St

    701 Spencer St

    APARTMENT HOUSE (5+ UNITS) • 1,817 SF
    Value Estimation
    $350,000
    701 Spencer St, Monterey, CA 93940-1237
    View details
    800 Casanova Ave, Unit 806

    800 Casanova Ave, Unit 806

    APARTMENT HOUSE (100+ UNITS) • 2.00 Acres
    Value Estimation
    $15,580,000
    800 Casanova Ave, Monterey, CA 93940-6875
    View details
    212 Belden St

    212 Belden St

    APARTMENT HOUSE (5+ UNITS) • 825 SF
    Value Estimation
    $325,000
    212 Belden St, Monterey, CA 93940-1842
    View details
    352 Dela Vina Ave

    352 Dela Vina Ave

    APARTMENT HOUSE (5+ UNITS) • 6,566 SF
    Value Estimation by Request
    352 Dela Vina Ave, Monterey, CA 93940-3970
    View details
    257 Van Buren St

    257 Van Buren St

    APARTMENT HOUSE (5+ UNITS) • 2,796 SF
    Value Estimation by Request
    257 Van Buren St, Monterey, CA 93940-2362
    View details
    504 Van Buren St

    504 Van Buren St

    APARTMENT HOUSE (5+ UNITS) • 4,066 SF
    Value Estimation
    $390,000
    504 Van Buren St, Monterey, CA 93940-2626
    View details
    853 Taylor St

    853 Taylor St

    APARTMENT HOUSE (5+ UNITS) • 6,692 SF
    Value Estimation by Request
    853 Taylor St, Monterey, CA 93940
    View details

    Monterey, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 266 multifamily properties for sale in Monterey, CA on our real estate platform. These investment opportunities span a total of 1,488,229 square feet of properties for sale, with an estimated market value of $129,695,000.

    Prices for multifamily properties in Monterey, CA start at $180,000, averaging $1,063,073, and reaching up to $14,145,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Multifamily properties for Sale Near Monterey, CA

    Popular Searches in Monterey, CA

    Most Searched ZIP Codes in Monterey, CA

    • 93940

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