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Monterey, CA Multifamily Properties for Sale

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Monterey Triplex in Prime Location
$1,500,000
2,204 SF

Monterey Triplex in Prime Location

1113 Mcclellan Ave, Monterey, CA 93940

Well-maintained triplex in Monterey's sought-after neighborhood, near downtown.

  • Prime location in New Monterey, walking distance to Downtown Monterey, the beach, Cannery Row, and the Monterey Bay Aquarium.
  • Turnkey triplex investment property with proven income performance.
  • Strong rental demand due to proximity to the Defense Language Institute, Middlebury Institute of International Studies, and Naval Postgraduate School.
  • Well‑maintained property with attractive finishes appealing to tenants.
  • Rare opportunity to own a legacy multifamily asset offered for the first time on the market.
Updated: Feb 6
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Monterey Mixed-Use Investment Opportunity
$1,500,000
2,633 SF

Monterey Mixed-Use Investment Opportunity

883 Lighthouse Ave, Monterey, CA 93940

Four-unit mixed-use property in Monterey near Cannery Row.

  • Premier Monterey location, blocks from Monterey Bay Aquarium and Cannery Row.
  • Mixed‑use property with two commercial units and two residential units.
  • Two street‑facing commercial units on Lighthouse Avenue with high visibility.
  • Diversified income potential for investors or owner‑users.
  • 2BD/1BA apartment includes deck and off‑street parking.
Updated: Jan 29
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Monterey Fourplex with ADU Potential
$1,695,000
3,436 SF

Monterey Fourplex with ADU Potential

Fourplex in New Monterey with plans for additional ADU.

830 Parcel St, Monterey, CA 93940
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Prime Monterey Multifamily Investment
$2,800,000
5,033 SF

Prime Monterey Multifamily Investment

Iconic Monterey apartment building, downtown location.

942 Munras Ave, Monterey, CA 93940
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Based on your search, we've compiled 272 Potential Opportunities for your consideration. Besides 4 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.

Coastal Duplex with Ocean Views
$1,295,000
1,680 SF

Coastal Duplex with Ocean Views

Rare Pacific Grove duplex near the shoreline with ocean views.

301 7Th St, Pacific Grove, CA 93950
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Pacific Grove Fourplex with ADU Potential
$2,299,000
3,737 SF

Pacific Grove Fourplex with ADU Potential

Rare, fully occupied fourplex in Pacific Grove with value-add potential.

618 Forest Ave, Pacific Grove, CA 93950
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Seaside Mixed-Use Investment Opportunity
$2,850,000
8,577 SF

Seaside Mixed-Use Investment Opportunity

Mixed-use building with commercial and residential units in Seaside, CA.

1725 Fremont Blvd, Seaside, CA 93955
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Seaside Triplex with Modern Amenities
$1,777,050
5,180 SF

Seaside Triplex with Modern Amenities

Built in 2009, spacious units, ideal for income.

1125 Olympia Ave, Seaside, CA 93955
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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.

800 Alice St

800 Alice St

APARTMENT HOUSE (100+ UNITS) • 0.35 Acres
Value Estimation by Request
800 Alice St, Monterey, CA 93940-1959
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2000 David Ave

2000 David Ave

APARTMENT HOUSE (5+ UNITS) • 0.30 Acres
Value Estimation by Request
2000 David Ave, Monterey, CA 93940-1961
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217 Dunecrest Ave

217 Dunecrest Ave

APARTMENT HOUSE (5+ UNITS) • 0.30 Acres
Value Estimation by Request
217 Dunecrest Ave, Monterey, CA 93940-3440
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1330 Skyline Dr

1330 Skyline Dr

APARTMENT HOUSE (100+ UNITS) • 5.82 Acres
Value Estimation by Request
1330 Skyline Dr, Monterey, CA 93940-4139
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415 Casa Verde Way

415 Casa Verde Way

APARTMENT HOUSE (100+ UNITS) • 1,652 SF
Value Estimation by Request
415 Casa Verde Way, Monterey, CA 93940-5256
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825 Casanova Ave

825 Casanova Ave

APARTMENT HOUSE (100+ UNITS) • 1,200 SF
Value Estimation by Request
825 Casanova Ave, Monterey, CA 93940-6876
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666 Casanova Ave

666 Casanova Ave

APARTMENT HOUSE (100+ UNITS) • 25,312 SF
Value Estimation
$4,485,000
666 Casanova Ave, Monterey, CA 93940-6870
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420 Ramona Ave

420 Ramona Ave

APARTMENT HOUSE (100+ UNITS) • 19,704 SF
Value Estimation
$3,110,000
420 Ramona Ave, Monterey, CA 93940
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555 Madison St

555 Madison St

APARTMENT HOUSE (5+ UNITS) • 9,050 SF
Value Estimation
$2,190,000
555 Madison St, Monterey, CA 93940-2646
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124 Montecito Ave

124 Montecito Ave

APARTMENT HOUSE (5+ UNITS) • 10,932 SF
Value Estimation
$1,530,000
124 Montecito Ave, Monterey, CA 93940-3972
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466 Monroe St

466 Monroe St

APARTMENT HOUSE (5+ UNITS) • 5,170 SF
Value Estimation
$880,000
466 Monroe St, Monterey, CA 93940-2264
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31 Monte Vis Dr

31 Monte Vis Dr

APARTMENT HOUSE (5+ UNITS) • 6,624 SF
Value Estimation
$880,000
31 Monte Vis Dr, Monterey, CA 93940-6060
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650 Sloat Ave

650 Sloat Ave

APARTMENT HOUSE (100+ UNITS) • 2,538 SF
Value Estimation by Request
650 Sloat Ave, Monterey, CA 93940-3651
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296 Van Buren St

296 Van Buren St

APARTMENT HOUSE (5+ UNITS) • 2,421 SF
Value Estimation
$2,000,000
296 Van Buren St, Monterey, CA 93940-2324
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311 Casa Verde Way

311 Casa Verde Way

APARTMENT HOUSE (5+ UNITS) • 2,688 SF
Value Estimation
$595,000
311 Casa Verde Way, Monterey, CA 93940-3750
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930 Casanova Ave

930 Casanova Ave

APARTMENT HOUSE (100+ UNITS) • 2.41 Acres
Value Estimation by Request
930 Casanova Ave, Monterey, CA 93940-6877
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351 Dela Vina Ave

351 Dela Vina Ave

APARTMENT HOUSE (5+ UNITS) • 9,015 SF
Value Estimation
$1,595,000
351 Dela Vina Ave, Monterey, CA 93940-3960
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352 Dela Vina Ave

352 Dela Vina Ave

APARTMENT HOUSE (5+ UNITS) • 6,566 SF
Value Estimation
$1,080,000
352 Dela Vina Ave, Monterey, CA 93940-3970
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1062 8th St

1062 8th St

APARTMENT HOUSE (5+ UNITS) • 1,456 SF
Value Estimation by Request
1062 8th St, Monterey, CA 93940-3602
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872 Alice St

872 Alice St

APARTMENT HOUSE (5+ UNITS) • 0.19 Acres
Value Estimation by Request
872 Alice St, Monterey, CA 93940-1932
View details

Monterey, CA Multifamily Properties Investment Opportunities Market Analysis

Explore 268 multifamily properties for sale in Monterey, CA, showcased through 4 active listings 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 $129,640,000.

Sale prices for multifamily properties in Monterey, CA start at $180,000, averaging $1,062,622, and reaching up to $14,145,000 — 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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