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Petaluma, CA Multifamily Properties for Sale

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Apartment Buildings with Craftsman Home
Updated: Jul 18
Apartment Buildings with Craftsman Home

720-724 Liberty Road, Petaluma, CA 94952

$2,750,000
2,619 sqft 3.31 AC lot
3.31‑acre property spanning two legal parcels
2,619‑square‑foot Craftsman residence built in 1920
Five‑bedroom, three‑full‑bath residence with updated kitchen and hardwood flooring
Adjoining 2.75‑acre parcel with multiple income‑producing residences and barns
In‑ground pool, separate pool house, mature landscaping, and outdoor entertaining areas
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Cottage-Style Apartment Community
Updated: Jun 30
Cottage-Style Apartment Community

703 B Street, Petaluma, CA 94952

$5,390,000
9,360 sqft
14 apartment homes across 7 separate buildings
Approximately 9,360 square feet on a 0.42‑acre corner parcel
Unit mix includes 3 studios, 8 1BR/1BA, and 3 2BR/1BA units
Built in 1908
Landscaped common grounds with separated residential buildings
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Residential Income Property
Residential Income Property

51 Michael Dr, Petaluma, CA 94954

$125,000
1,320 sqft

For sale residential income property on Michael Drive in Sonoma County, with a listed size of 1,320.

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Mobile Home & RV Park
Mobile Home & RV Park

55 Michael Drive, Petaluma, CA 94954

$309,000
1,152 sqft

Mobile home and RV park property located in Sonoma County with access via McDowell Blvd.

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All-Age Manufactured Home
All-Age Manufactured Home

303-717 N Mcdowell Blvd, Petaluma, CA 94954

$189,000
702 sqft

Move-in ready 2-bedroom, 1-bath manufactured home in the all-age Capri Villa community with central heat, mini-split cooling, and covered porch.

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Remodeled Manufactured Home
Remodeled Manufactured Home

511-717 N Mcdowell Blvd, Petaluma, CA 94954

$235,000
1,040 sqft

Remodeled manufactured home with granite counters, stainless appliances, newer roof and dual-pane windows, plus washer/dryer included.

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Residential Income Property
Residential Income Property

131 Oakwood Drive, Petaluma, CA 94954

$239,000
1,369 sqft

For sale in Sonoma County and marketed as a residential income/multifamily property with mobile home and RV park use.

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Hilltop Duplex with Three-Bay Shop
Hilltop Duplex with Three-Bay Shop

741 N Webster Street, Petaluma, CA 94952

$1,999,000
0.84 AC lot

Two residences include remodeled interiors, private outdoor areas, and substantial garage and workshop space.

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Six-Unit Remodeled Apartment Building
Six-Unit Remodeled Apartment Building

408 Keller St, Petaluma, CA 94952

$2,695,000

Townhouse-style residences feature updated kitchens, bathrooms, finishes, and on-site parking.

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Mobile Home Park with Central Heating
Mobile Home Park with Central Heating

148 Oakwood Drive, Petaluma, CA 94954

$65,000
800 sqft

Income-oriented residential property with central heating and installed kitchen appliances.

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Residential Income Property
Residential Income Property

7 Michael Drive, Petaluma, CA 94954

$249,500
1,579 sqft

Residential unit within Youngstown Mobile Home Park, reached via McDowell Blvd and the second house on the right.

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

512 Kentucky St, Petaluma, CA 94952

Contact for pricing
2,100 sqft

Four-unit multifamily property in Petaluma, California.

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Updated Duplex with Detached ADU
Updated Duplex with Detached ADU

1109 Saint Vincent Court, Petaluma, CA 94954

$1,200,000

Two separate residences provide flexible living arrangements with independent utilities and a permitted accessory dwelling unit.

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Agricultural Land with Pastures
Agricultural Land with Pastures

530 Tomales Road, Petaluma, CA 94952

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Fenced grazing acreage includes residential improvements and agricultural outbuildings.

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Mobile Home and RV Park
Mobile Home and RV Park

571 Birchwood Drive, Petaluma, CA 94954

Contact for pricing
1,200 sqft

Mobile home and RV park with visitor parking located at the end of Candlewood and near the community center.

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Mixed-Use Duplex and Studio Building
Mixed-Use Duplex and Studio Building

207 211 Liberty Street, Petaluma, CA 94952

Contact for pricing

Two detached residential units plus a permitted commercial building with newer roof, gas heat, and A/C.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Petaluma, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

Updated Triplex with Accessory Units
Updated Triplex with Accessory Units

7200 Roxanne Lane, Rohnert Park, CA 94928

$1,645,000
4,936 sqft

Three permitted residences occupy one lot, with kitchens, bathrooms, laundry, and private living areas in the accessory units.

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Mobile Home Park Income Opportunity
Mobile Home Park Income Opportunity

405 W Crystal Drive, Cotati, CA 94931

$230,000
900 sqft

For sale mobile home and RV park in Cotati with an address at 405 W Crystal Drive.

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Mobile Home & RV Park
Mobile Home & RV Park

406 Sonoma Lane, Rohnert Park, CA 94928

$245,000
1,170 sqft

For-sale mobile home and RV park located on Sonoma Lane in Sonoma County.

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Five-Unit Apartment Building with Garages
Five-Unit Apartment Building with Garages

8276 Lancaster Dr, Cotati, CA 94931

$1,083,330

Two-story property offers outdoor spaces, gated common area, on-site laundry, and resident parking in Cotati.

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Off-Market Properties in Petaluma, CA

Consider similar Off-Market properties in Petaluma, 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.

418 Upham St
APARTMENT HOUSE (5+ UNITS)

418 Upham St, Petaluma, CA 94952-2651

Value Estimation by Request
2,220 sqft 0.40 AC lot
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750 Wood Sorrel Dr
MOBILE HOME PARK, TRAILER PARK

750 Wood Sorrel Dr, Petaluma, CA 94954

Value Estimation by Request
3,200 sqft 14.30 AC lot
View details
15 7th St
APARTMENT HOUSE (5+ UNITS)

15 7th St, Petaluma, CA 94952-4088

$1,425,000
Estimated value
3,273 sqft 0.23 AC lot
View details
20 Eucalyptus Rd
APARTMENT HOUSE (5+ UNITS)

20 Eucalyptus Rd, Petaluma, CA 94952-3669

$300,000
Estimated value
0.64 AC lot
View details
147 Ellis St
APARTMENT HOUSE (100+ UNITS)

147 Ellis St, Petaluma, CA 94952-7309

$1,540,000
Estimated value
14,420 sqft 0.58 AC lot
View details
151 Ellis St
APARTMENT HOUSE (100+ UNITS)

151 Ellis St, Petaluma, CA 94952-7307

$1,540,000
Estimated value
14,420 sqft 0.58 AC lot
View details
415 7th St
APARTMENT HOUSE (100+ UNITS)

415 7th St, Petaluma, CA 94952-4171

$3,525,000
Estimated value
33,840 sqft 1.33 AC lot
View details
4 5th St
APARTMENT HOUSE (5+ UNITS)

4 5th St, Petaluma, CA 94952-3088

$305,000
Estimated value
0.16 AC lot
View details

Petaluma, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Petaluma, CA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 23,241 square feet of properties for sale, with an estimated market value of $15,445,500.

Sale prices for multifamily properties in Petaluma, CA start at $65,000, averaging $1,287,125, and reaching up to $5,390,000 — 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

Mobile home & RV parks 8
Duplexes 4
Apartment buildings 3
Quadplexes 1
Triplexes 1

Demographics Overview

Population 71K
Population Growth (5Y) -4.5%
Median Household Income $111,084
College Educated 19.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
94954 $293.5K
94952 $3.2M

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $12.69 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sonoma County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Petaluma fall within the 100,000+ square foot range.

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