Add Listing
    Palo Alto, CA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Palo Alto, CA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Menlo Park, CA East Palo Alto, CA Redwood City, CA
    25 results
    Ventura Four-Unit Victorian With Updates
    $2,250,000
    2,898 SF
    Ventura Four-Unit Victorian With Updates

    1033 E Santa Clara Street, Ventura, CA 93001

    Renovated Victorian-style four-unit property near downtown Ventura and the beach.
    • Prime location: Heart of downtown Ventura, just a short walk to the beach and Main Street.
    • High Walk Score (91) and Bike Score (77): Enjoy a "Walker’s Paradise" and "Very Bikeable" lifestyle.
    • Renovated Victorian: Experience classic charm with modern updates completed in 2025.
    • Income potential: Explore opportunities for short‑term rentals and ADU development (subject to regulations).
    • Four Units: May qualify for residential financing.
    Updated: May 7
    View details
    Palo Alto Multifamily Investment Opportunity
    $7,500,000
    0.23 Acres
    Palo Alto Multifamily Investment Opportunity

    251 Middlefield Road, Palo Alto, CA 94301

    Renovated multifamily property near Stanford University and downtown Palo Alto.
    • Rare trophy multifamily investment property in Palo Alto, a highly desirable and supply‑constrained market.
    • Prime location blocks from Stanford University and downtown Palo Alto, near major tech employers.
    • Completely renovated in 2019, blending historic architecture with modern luxury and high‑end finishes.
    • Seven beautifully renovated residential units with premium materials, stainless steel appliances, granite countertops, and designer finishes.
    • Significant value‑add potential with a 2,868 sq ft finished basement including private access, kitchenette, and bathroom.
    Updated: Apr 21
    View details
    Remodeled Duplex with Private Yards
    $835,000
    1,600 SF
    Remodeled Duplex with Private Yards

    Two separate, remodeled homes with private outdoor space and flexible parking options in Ventura.

    90 Leighton Drive, Ventura, CA 93001

    View details
    Remodeled Duplex with Private Yards
    $835,000
    1,600 SF
    Remodeled Duplex with Private Yards

    Two separate remodeled homes with private outdoor space and flexible parking for long-term tenants.

    90 Leighton Drive, Ventura, CA 93001

    View details
    Two Homes with Ocean Views
    $975,000
    1,884 SF
    Two Homes with Ocean Views

    Two homes merged into one property with ocean views.

    6779 Ojai Avenue, Ventura, CA 93001

    View details
    Ventura Multifamily Investment Opportunity
    $5,090,000
    0.51 Acres
    Ventura Multifamily Investment Opportunity

    Value-add multifamily property with ADU potential near Downtown Ventura.

    176 W Ramona St, Ventura, CA 93001

    View details
    Apartment Building with Coin Laundry
    $3,700,000
    3,535 SF
    Apartment Building with Coin Laundry

    Well-maintained multifamily property with eight units, updated improvements, and an on-site leased coin laundry facility.

    727-729 Waverley Street, Palo Alto, CA 94301

    View details
    Spanish-Style Duplex with Versatile Features
    $825,000
    Spanish-Style Duplex with Versatile Features

    Inviting duplex near West Park, beach, and local favorites.

    295 W Mission Ave, Ventura, CA 93001

    View details
    Palo Alto Apartment Community
    $10,500,000
    9,665 SF
    Palo Alto Apartment Community

    Apartment community near Downtown Palo Alto and Stanford University.

    325 Hawthorne Ave, Palo Alto, CA 94301

    View details
    Income Property Near Ventura College
    $975,000
    Income Property Near Ventura College

    Income property with easy access to amenities and transportation.

    625 Empire Ave, Ventura, CA 93003

    View details
    Palo Alto Multifamily Investment Opportunity
    $5,700,000
    Palo Alto Multifamily Investment Opportunity

    Eight-unit multifamily property near University Avenue and Stanford University.

    813 Cowper St, Palo Alto, CA 94301

    View details
    Upscale Triplex in Downtown Palo Alto
    $3,588,000
    Upscale Triplex in Downtown Palo Alto

    Renovated three-unit building near University Avenue and Stanford University.

    543 Everett Ct, Palo Alto, CA 94301

    View details
    Palo Alto 6-Unit Apartment Building
    $3,800,000
    4,878 SF
    Palo Alto 6-Unit Apartment Building

    Turn-key 6-unit apartment building in prime Palo Alto location.

    220 College Avenue, Palo Alto, CA 94306

    View details
    Downtown Palo Alto Investment Opportunity
    $2,700,000
    0.06 Acres
    Downtown Palo Alto Investment Opportunity

    Updated three-unit building near downtown Palo Alto.

    270 Everett Ave, Palo Alto, CA 94301

    View details
    Ventura Four-Unit Building
    $2,250,000
    2,898 SF
    Ventura Four-Unit Building

    Renovated four-unit building near downtown Ventura and the beach.

    1033 E Santa Clara Street, Ventura, CA 93001

    View details
    Duplex Income Property
    $3,700,000
    3,535 SF
    Duplex Income Property

    Two-unit income property positioned close to downtown Palo Alto and University Ave.

    727 - 729 Waverley Street, Palo Alto, CA 94301

    View details
    Renovated Multifamily Property For Sale
    $7,500,000
    8,807 SF
    Renovated Multifamily Property For Sale

    Fully renovated property with rental income potential in Palo Alto.

    251 Middlefield Rd., Palo Alto, CA 94301

    View details
    For-Sale Apartment Building
    $25,000,000
    48,465 SF
    For-Sale Apartment Building

    Apartment building available for purchase in Palo Alto’s Santa Clara County, suited for residential income investing.

    824 San Antonio Road, Palo Alto, CA 94303

    View details
    Ventura Multifamily Property For Sale
    $1,595,000
    3,670 SF
    Ventura Multifamily Property For Sale

    Multifamily property with three units available in Ventura, California.

    57 E Center St, Ventura, CA 93001

    View details
    Midtown Ventura Duplex For Sale
    $995,000
    Midtown Ventura Duplex For Sale

    Charming duplex in Midtown Ventura, ideal for investment or multi-generational

    3300 San Luis Street, Ventura, CA 93003

    View details
    Historic Downtown Ventura Triplex
    $1,695,000
    Historic Downtown Ventura Triplex

    Character-rich triplex with ocean views in Historic Downtown Ventura.

    570 Poli Street, Ventura, CA 93001

    View details
    Ten-Unit Apartment Complex For Sale
    $3,550,000
    9,330 SF
    Ten-Unit Apartment Complex For Sale

    Ten-unit apartment complex near Pacific View Mall and local beaches.

    Rexford Street, Ventura, CA 93003

    View details
    Mobile Home in Ventura Park
    $299,000
    0.03 Acres
    Mobile Home in Ventura Park

    Mobile home with updated features in convenient Ventura location.

    311 Rodgers St 311, Ventura, CA 93003

    View details
    Palo Alto Investment Property
    $4,495,000
    4,735 SF
    Palo Alto Investment Property

    Turnkey investment property near downtown Palo Alto with income opportunity.

    643 Channing Avenue, Palo Alto, CA 94301

    View details

    Palo Alto, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Palo Alto, CA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 57,545 square feet of properties for sale, with an estimated market value of $39,614,000.

    Sale prices for multifamily properties in Palo Alto, CA start at $850,000, averaging $3,301,166, and reaching up to $10,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 12
    Duplexes 7
    Quadplexes 4
    Mobile home & RV parks 3
    Short term rental properties 3

    Property Size Breakdown

    The majority of commercial real estate listings in Palo Alto fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 114K
    Population Growth (5Y) +6.6%
    Median Household Income $159,150
    College Educated 91.5%

    High-Yield Neighborhoods for Investment

    Identify Palo Alto submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    94306 $3.8M
    94301 $6M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $8.24 per sq ft
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Multifamily properties for Sale Near Palo Alto, CA

    Popular Searches in Palo Alto, CA

    Popular Categories

    Most Searched ZIP Codes in Palo Alto, CA

    • 93001
    • 94301
    • 93003
    • 94303
    • 94306

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!