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    Novato, CA
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    Novato, CA Multifamily Properties for Sale

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    6 properties
    Four 2BR Townhouse-Style Apartment Quadplex
    Updated: Jul 13
    Four 2BR Townhouse-Style Apartment Quadplex

    1052 7th Street, Novato, CA 94945

    $1,600,000
    4,004 sqft 0.16 AC lot
    Four 2BR/1.5 BA townhouse apartments on a level lot near downtown Novato
    Each unit includes an individual laundry room and a private fenced backyard area
    Ample off‑street parking with each apartment offering two spaces: one carport and one open
    Wood frame, two‑story construction on a concrete perimeter foundation with a composition roof
    Heating: central; water source: public; sewer: public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    1052 7th Street, Novato, CA 94945

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $134K
      Annual

    • Price @ 7% Cap

      $1.92M
      Above asking

    • Property Type

      Duplex
      Built 1978
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    Townhouse-Style Quadplex with Parking
    Updated: Jul 8
    Townhouse-Style Quadplex with Parking

    1048 7th Street, Novato, CA 94945

    $1,600,000
    4,004 sqft 0.17 AC lot
    Four 2BR/1.5 BA townhouse apartments on a level lot near downtown Novato
    Each unit includes a private fenced backyard area and an individual laundry room
    Ample off‑street parking per unit: 2 spaces total (1 carport, 1 open)
    Wood frame, two‑story construction with a concrete perimeter foundation
    Built in 1979 with a composition roof and central heating
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    55+ Mobile Home Park Community
    55+ Mobile Home Park Community

    106 Panorama Drive, Novato, CA 94949

    $279,000
    1,440 sqft

    Set within a 55+ Marin Valley Mobile Country Club, with convenient street parking or two tandem spaces.

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    Residential Income Property with Carport Parking
    Residential Income Property with Carport Parking

    1002 El Granada Circle, Novato, CA 94949

    $295,000
    1,464 sqft

    For sale in Marin with gated entry and two-car tandem parking in a carport.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Fourplex Townhome Apartments
    Fourplex Townhome Apartments

    1052 7th St, Novato, CA 94945

    $1,650,000

    Well-maintained four 2BR townhouse units with private fenced back yards and individual laundry rooms.

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    Four Townhouse Income Units
    Four Townhouse Income Units

    1048 7th St, Novato, CA 94945

    $1,600,000

    Four well-maintained 2BR townhome-style rentals offer in-unit laundry, private fenced yards, and convenient off-street parking.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 Active listings in Novato, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Character Multifamily Apartment Community
    Character Multifamily Apartment Community

    703 B Street, Petaluma, CA 94952

    $5,390,000
    9,360 sqft 0.42 AC lot

    A 14-unit apartment property arranged across seven buildings on a corner lot, offering a mix of studio, 1-, and 2-bedroom homes.

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    Multi-Family Income Property
    Multi-Family Income Property

    179 Los Ranchitos Rd, San Rafael, CA 94903

    $2,900,000
    5,582 sqft 1.66 AC lot

    Income property with 17 bedrooms and a detached 1BD/1BA private residence on two parcels in San Rafael.

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    Multifamily Quadruplex in Petaluma, CA
    Multifamily Quadruplex in Petaluma, CA

    512 Kentucky St, Petaluma, CA 94952

    $1,850,000
    2,100 sqft

    Four-unit multifamily property in Petaluma, California.

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    Multifamily Residential Income Property
    Multifamily Residential Income Property

    109 Professional Center Parkway, San Rafael, CA 94903

    $7,000,000

    Apartment building offered for sale, suited for buyers seeking a residential income-focused property.

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    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 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.

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    Rancho Tehama Homesite Opportunity
    Rancho Tehama Homesite Opportunity

    16305 Hillcrest Drive, Corning, CA 96021

    Contact for pricing
    1.86 AC lot

    1.86-acre homesite in Rancho Tehama community.

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    Off-Market Properties in Novato, CA

    Consider similar Off-Market properties in Novato, 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.

    00 Novato Blvd
    Retirement homes

    00 Novato Blvd, Novato, CA 94947

    Value Estimation by Request
    466.00 AC lot
    View details
    199 Posada Del Sol
    Multifamily properties

    199 Posada Del Sol, Novato, CA 94949

    Value Estimation by Request
    69,088 sqft
    View details

    Novato, CA Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Novato, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 10,912 square feet of properties for sale, with an estimated market value of $3,774,000.

    Sale prices for multifamily properties in Novato, CA start at $279,000, averaging $943,500, and reaching up to $1,600,000 — 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
    Mobile home & RV parks 2
    Apartment buildings 1

    Demographics Overview

    Population 60K
    Population Growth (5Y) -4.1%
    Median Household Income $118,571
    College Educated 40.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    94949 $958.5K
    94945 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $14.10 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marin County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Novato fall within the Under 2,500 square foot range.

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