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    Novato, CA
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    Novato, CA Multifamily Properties for Sale

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    Renovated Apartment Building
    Updated: Sep 1
    Renovated Apartment Building

    195 Los Robles Road, Novato, CA 94949

    $14,500,000
    1,555 sqft
    39‑unit apartment community on a 1.04‑acre parcel
    Approximately 35,346 square feet of rentable space
    Unit mix includes 36 two‑bedroom units, 2 one‑bedroom units, and 1 manager’s unit
    New roofs, upgraded plumbing, replaced water mains, and storm drain improvements
    New dual‑pane windows and a current seismic retrofit
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    39-Unit Renovated Apartment Community
    Updated: Sep 1
    39-Unit Renovated Apartment Community

    195 Los Robles Road, Novato, CA 94949

    $14,500,000
    1,555 sqft 1.04 AC lot
    39‑unit apartment community on a 1.04‑acre parcel
    Approximately 35,346 square feet of rentable space
    Unit mix includes 36 two‑bedroom units, 2 one‑bedroom units, and one manager’s unit
    New roofs, upgraded plumbing, replaced water mains, and storm drain improvements
    New dual‑pane windows and a current seismic retrofit
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    Fourplex Townhome Apartments
    Fourplex Townhome Apartments

    1052 7th Street, Novato, CA 94945

    $1,600,000
    4,004 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Four Townhouse Income Units
    Four Townhouse Income Units

    1048 7th Street, Novato, CA 94945

    $1,600,000
    4,004 sqft

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

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    55+ Mobile Home in Gated Park
    55+ Mobile Home in Gated Park

    800 Las Palmas Ave, Novato, CA 94949

    $179,000
    1,440 sqft

    Light-filled 2-bedroom, 2-bath manufactured home in a gated 55+ community with clubhouse, pool, and spa.

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

    1002 El Granada Circle, Novato, CA 94949

    $262,500
    1,464 sqft

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

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    Residential Income Property
    Residential Income Property

    25 Oceano Place, Novato, CA 94949

    $350,000
    1,260 sqft

    For sale residential income property in Marin County, accessed via Hwy 101 Ignacio/BMK exit and entry drives within the park.

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    Multifamily
    Multifamily

    4 Harkle Rd, Novato, CA 94945

    $3,300,000

    Multifamily properties

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    40-Unit Condominium Apartment Community
    40-Unit Condominium Apartment Community

    335 Enfrente Road, Novato, CA 94949

    Contact for pricing
    1.15 AC lot

    Condominium apartment community with two-bedroom and one-bedroom residences, private outdoor areas, covered parking, and on-site laundry.

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    6-Unit Apartment Building with Balconies
    6-Unit Apartment Building with Balconies

    699 Logan St, Novato, CA 94945

    Contact for pricing

    All-electric residences offer private outdoor space, individual electric metering, carports, storage, and on-site laundry.

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    15-Unit Apartment Building
    15-Unit Apartment Building

    729-733 Cherry St, Novato, CA 94945

    Contact for pricing

    Three buildings offer updated interiors, individual storage, on-site laundry, and carport parking.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 11 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

    Opportunities in Nearby Cities

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

    San Rafael Multifamily Investment Opportunity
    San Rafael Multifamily Investment Opportunity

    109 Professional Center Parkway, San Rafael, CA 94903

    $7,175,000
    14,348 sqft

    20-unit apartment complex in Marin County's growing tech hub.

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    Five-Unit Apartment Building with Private Outdoor Area
    Five-Unit Apartment Building with Private Outdoor Area

    1562 Sir Francis Drake Blvd, San Anselmo, CA 94960

    $1,995,000

    Five-unit apartment building offering a tenant-friendly mix of two 2-bedroom units and three 1-bedroom units.

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    4-Plex and Duplex Multifamily
    4-Plex and Duplex Multifamily

    1516 San Anselmo Ave, San Anselmo, CA 94960

    $1,950,000

    Fully rented 4-plex and duplex on a single lot with hardwood floors and mini-split HVAC in each unit.

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    Residential Income Property Corner Lot
    Residential Income Property Corner Lot

    363 Glacier Way, San Rafael, CA 94903

    $399,000
    1,440 sqft

    For sale residential income property located on a corner of Yosemite and Glacier.

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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 13 multifamily properties for sale in Novato, CA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 15,282 square feet of properties for sale, with an estimated market value of $36,291,500.

    Sale prices for multifamily properties in Novato, CA start at $179,000, averaging $4,536,437, and reaching up to $14,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 7
    Mobile home & RV parks 3
    Quadplexes 2

    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
    94945 $2.2M
    94949 $3.8M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marin County

    Residential Income

    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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