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    Salinas, CA Multifamily Properties for Sale

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    Four-Unit Property with Covered Parking
    Updated: Aug 19
    Four-Unit Property with Covered Parking

    447 Soledad ST, Salinas, CA 93901

    $999,000
    4,175 sqft 0.18 AC lot
    Four‑unit configuration with one 3‑bedroom and three 2‑bedroom residences
    4,175 square feet on a 0.1789‑acre lot
    Three units occupied; Unit #3 available for rent
    Built in 1981 with deferred maintenance
    R‑M‑2.9 zoning and public water service
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    This listing looks promising.

    Here's a quick look at some key insights for

    447 Soledad ST, SALINAS, CA 93901

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $73K
      Annual

    • Price @ 7% Cap

      $1.04M
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1971
    View Property Analytics
    Quadplex with Spacious Three-Bedroom Units
    Updated: Aug 19
    Quadplex with Spacious Three-Bedroom Units

    20 S Hebbron AVE, Salinas, CA 93905

    $1,099,000
    4,134 sqft 0.22 AC lot
    Four 3‑bedroom, 1.5‑bath units across two separate buildings
    Each building measures approximately 2,160 square feet and contains two units
    0.2204‑acre site with CR zoning
    Built in 1965 with attached garage and on‑street parking
    Single‑level layouts with large primary‑bedroom walk‑in closets
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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    20 S Hebbron Avenue, Salinas, CA 93905

    $1,099,000
    4,134 sqft

    Two-building apartment asset with single-level layouts, existing rental income, and below-market rents subject to local regulations.

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    22-Unit Apartment Building
    22-Unit Apartment Building

    608 Sanborn Road, Salinas, CA 93905

    $3,995,000
    17,306 sqft

    Consistent two-bedroom layouts, on-site laundry, and dedicated covered and open parking serve the property’s residential configuration.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mobile Home & RV Park Home
    Mobile Home & RV Park Home

    39-255 E Bolivar St, Salinas, CA 93906

    $199,000
    1,000 sqft

    Three-bedroom, one-bath home with a combined kitchen and family room, plus dedicated laundry hookups in North Salinas.

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    Double Wide Mobile Home in Senior Park
    Double Wide Mobile Home in Senior Park

    92-150 Kern St, Salinas, CA 93905

    $210,000
    1,440 sqft

    3-bedroom, 2-bath double wide in a senior park with fishing pond, walking trails, and community amenities.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    330 Soledad Street, Salinas, CA 93901

    $3,350,000
    8,960 sqft

    Each residence has its own water heater for unit-level service and maintenance.

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    Three-Building Multifamily Apartment Complex
    Three-Building Multifamily Apartment Complex

    83 Castro Street, Salinas, CA 93906

    Contact for pricing
    12,457 sqft

    Three-building complex with 16 two-bedroom, one-bath units, private outdoor spaces, and recent exterior and unit improvements.

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    Fully Rented Triplex With Fenced Yard
    Fully Rented Triplex With Fenced Yard

    615 Terrace Street, Salinas, CA 93905

    $725,000
    1,607 sqft

    Own a fully rented triplex with updated front unit and private outdoor space for the back unit.

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    Charming Four-Unit Multifamily Property
    Charming Four-Unit Multifamily Property

    119 Carr Avenue, Salinas, CA 93905

    $950,000
    2,050 sqft

    Unique four-unit property in Salinas with income potential.

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    Duplex with Two Rental Units
    Duplex with Two Rental Units

    1126 Pacific Avenue, Salinas, CA 93905

    $739,000
    828 sqft

    Duplex for sale featuring a 2-bedroom front unit and a 1-bedroom back unit, each with 1 bathroom.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    447 Soledad ST, Salinas, CA 93901

    $999,000

    Multifamily property with a varied unit mix, three occupied residences, and one vacant unit for future leasing.

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    Seven-Space Mobile Home Park
    Seven-Space Mobile Home Park

    1765363 Vierra Canyon Road, Salinas, CA 93907

    $3,489,000
    12,000 sqft

    A multi-parcel property combines residences, mobile homes, and on-site management space.

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    11-Unit Rental Multifamily Property
    11-Unit Rental Multifamily Property

    1200 W Mark, Salinas, CA 93907

    $1,900,000

    Multifamily rental building with 11 units on a large lot, offering outdoor space and storage.

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    Charming Duplex in South Central Salinas
    Charming Duplex in South Central Salinas

    315 3151/2 Archer Street, Salinas, CA 93901

    $870,000
    0.20 AC lot

    Duplex in the heart of South Central Salinas. Great investment!

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    Six-Story Mixed-Use Income Property
    Six-Story Mixed-Use Income Property

    301 Main Street, Salinas, CA 93901

    $12,500,000

    Six-story downtown building with leased ground-floor restaurant and residential studio apartments converted from office space.

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    Updated Home in 55+ Community
    Updated Home in 55+ Community

    12350 Christensen Rd 76, Salinas, CA 93907

    $115,000

    Updated 2 bedroom home in a well-maintained 55+ community.

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    Spacious Mobile Home in 55+ Community
    Spacious Mobile Home in 55+ Community

    55 San Juan Grade Rd 79, Salinas, CA 93906

    $135,000

    Two-bedroom, two-bath mobile home in a desirable 55+ community.

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    Mixed-Use and Residential Portfolio
    Mixed-Use and Residential Portfolio

    437 E Alisal St, Salinas, CA 93905

    Contact for pricing

    For sale portfolio includes retail/office frontage and residential units including a triplex and a 3-bedroom home.

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    14-Unit Apartment Building
    14-Unit Apartment Building

    1155 E Laurel Dr, Salinas, CA 93905

    Contact for pricing

    Multifamily property with uniform two-bedroom layouts, substantial renovations, and dedicated off-street parking.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Salinas, CA, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

    Off-Market Properties in Salinas, CA

    Consider similar Off-Market properties in Salinas, 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.

    316 Williams Rd
    APARTMENT HOUSE (5+ UNITS)

    316 Williams Rd, Salinas, CA 93905-2967

    $565,000
    Estimated value
    2,479 sqft 0.18 AC lot
    View details
    75 Hebbron Ave
    APARTMENT HOUSE (100+ UNITS)

    75 Hebbron Ave, Salinas, CA 93905-2654

    $3,245,000
    Estimated value
    14,328 sqft 0.46 AC lot
    View details
    51 Maple St
    APARTMENT HOUSE (5+ UNITS)

    51 Maple St, Salinas, CA 93901-3250

    $1,480,000
    Estimated value
    7,321 sqft 0.29 AC lot
    View details
    17555 Pond Derosa Ln
    MOBILE HOME PARK, TRAILER PARK

    17555 Pond Derosa Ln, Salinas, CA 93907-8846

    $2,035,000
    Estimated value
    25.00 AC lot
    View details

    Salinas, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Salinas, CA, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 70,091 square feet of properties for sale, with an estimated market value of $33,373,000.

    Sale prices for multifamily properties in Salinas, CA start at $115,000, averaging $1,963,117, and reaching up to $12,500,000 — 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 6
    Quadplexes 4
    Duplexes 2
    Triplexes 2

    Demographics Overview

    Population 196K
    Population Growth (5Y) +5.0%
    Median Household Income $93,977
    College Educated 27.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    93905 $728K
    93906 $896.3K
    93907 $1.9M
    93901 $4M

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Property Tax per SF $25.66 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Salinas fall within the 5,000 to 10,000 square foot range.

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