Multifamily

San Mateo, CA Multifamily Properties for Sale

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Vacant Duplex with Attached Garage
Updated: Aug 21
Vacant Duplex with Attached Garage

201 S Idaho ST, San Mateo, CA 94401

$1,699,000
3,385 sqft 0.18 AC lot
Legal duplex with 3,385 square feet across two residences
7,630‑square‑foot lot in Central San Mateo
Unit mix includes 4 bedrooms and 2 bathrooms, plus 3 bedrooms and 1 bathroom
Both units delivered vacant
Attached 2‑car garage
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This listing looks promising.

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201 S Idaho ST, SAN MATEO, CA 94401

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4-Unit Apartment Building
Updated: Jul 13
4-Unit Apartment Building

444 Villa TER, San Mateo, CA 94401

$2,495,000
3,607 sqft 0.17 AC lot
Four 2BR 1BA units in a 3607 SF building
0.1722‑acre lot with 104‑Fourplex zoning
Private outdoor space for every unit; decks upstairs and yards downstairs
Unit 3 has remodeled kitchen and modernized bathroom
Unit 2 includes a carport, uncovered space, and private backyard
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Duplex With Attached Garages
Duplex With Attached Garages

143145 N N. Humboldt Street, San Mateo, CA 94401

$1,780,000
4,008 sqft

Two attached garages and private driveway parking support the property’s two-unit residential configuration.

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Duplex with Two Attached Garages
Duplex with Two Attached Garages

109 Hobart Ave, San Mateo, CA 94402

$2,600,000
3,686 sqft 0.20 AC lot

Renovation-ready 1948 duplex with three-bedroom layouts, separate utility metering, and two attached garages.

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Vacant Duplex With Attached Garage
Vacant Duplex With Attached Garage

201 S Idaho Street, San Mateo, CA 94401

$1,699,000
3,385 sqft 0.18 AC lot

Legal two-unit property offers separate residences, flexible occupancy options, and access to downtown amenities and regional transit.

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Two-Bedroom Duplex Investment Property
Two-Bedroom Duplex Investment Property

4 Warren Rd, San Mateo, CA 94401

$2,328,000
3,450 sqft 0.16 AC lot

Duplex with two-bedroom floor plans near downtown amenities and regional transportation connections.

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San Mateo Multifamily Investment Opportunity
San Mateo Multifamily Investment Opportunity

1504 Claremont Street, San Mateo, CA 94402

$2,980,000
5,911 sqft 0.24 AC lot

8-unit apartment community in San Mateo, near downtown and transportation.

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Duplex with Detached Garage
Duplex with Detached Garage

911 Seville Way, San Mateo, CA 94402

$1,650,000
1,720 sqft

Two-unit residential property near Downtown San Mateo with regional highway access.

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San Mateo Multifamily Investment Opportunity
San Mateo Multifamily Investment Opportunity

1101 Tilton Ave, San Mateo, CA 94401

$4,998,000
7,756 sqft 0.20 AC lot

12-unit apartment building in a prime San Mateo location.

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Duplex With Attached Garage
Duplex With Attached Garage

317 N Grant St, San Mateo, CA 94401

$1,350,000
1 sqft

Two separate units include off-street parking and access to a spacious rear yard.

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San Mateo Multifamily Investment Opportunity
San Mateo Multifamily Investment Opportunity

1101 Tilton Avenue, San Mateo, CA 94401

$5,180,000
7,756 sqft 0.20 AC lot

12-unit apartment building in a thriving San Mateo location.

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Traditional Duplex
Traditional Duplex

65 Burbank Avenue, San Mateo, CA 94403

$2,075,000
2,373 sqft

San Mateo duplex with central air, forced-air heating, and off-street assigned parking.

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Renovated Six-Unit Apartment Building
Renovated Six-Unit Apartment Building

19 E 41st P, San Mateo, CA 94403

$1,899,000
2,447 sqft 0.18 AC lot

Well-maintained six-unit building with updated interiors, dual-pane windows, and six carport spaces.

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6-Unit Apartment Building
6-Unit Apartment Building

19 Th Ave, San Mateo, CA 94402

$2,500,000
5,624 sqft

Upper residences include decks, while lower units provide private patio yards.

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Renovated Six-Unit Multifamily Building
Renovated Six-Unit Multifamily Building

19 41st Place, San Mateo, CA 94403

$1,950,000
2,447 sqft 0.18 AC lot

Six studio units in a 1957 building renovated in 2014, with dual-pane windows, upgraded systems, and carport parking.

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Quadplex with Private Outdoor Space
Quadplex with Private Outdoor Space

San Mateo, CA 94401

$2,495,000
0.17 AC lot

Four residences feature two bedrooms, one bath, and individual outdoor areas, with select parking and recent property improvements.

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Mixed-Use Building With Retail
Mixed-Use Building With Retail

201-203 S Delaware Street, San Mateo, CA 94401

Contact for pricing
5,075 sqft 0.13 AC lot

Two street-facing retail spaces complement two upstairs apartments in a manageable mixed-use configuration.

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Multifamily Apartment Property
Multifamily Apartment Property

16 W Bellevue Avenue, San Mateo, CA 94402

Contact for pricing
3,856 sqft

R4-zoned multifamily property in San Mateo, built in 1947.

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San Mateo Multifamily Investment Opportunity
San Mateo Multifamily Investment Opportunity

1101 Tilton Avenue, San Mateo, CA 94401

$5,500,000
7,756 sqft

Well-maintained 12-unit apartment building in desirable San Mateo location.

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Duplex with Separate Meters
Duplex with Separate Meters

San Mateo, CA 94401

$1,650,000
0.15 AC lot

Two spacious residences offer flexible owner-use and rental-income potential, with private garages and in-unit laundry.

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Duplex With Detached Garage
Duplex With Detached Garage

218 N Ellsworth Ave, San Mateo, CA 94401

Contact for pricing
2,253 sqft 0.13 AC lot

Duplex with one vacant unit and one tenant-occupied unit, plus a detached garage.

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San Mateo 5-Unit Apartment Building
San Mateo 5-Unit Apartment Building

Pacific Boulevard, San Mateo, CA 94403

$2,150,000
5,016 sqft 0.14 AC lot

Spacious 5-unit apartment building near downtown San Mateo.

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Two-Unit Duplex with Private Garages
Two-Unit Duplex with Private Garages

San Mateo, CA 94403

$1,650,000

Each residence includes a separate yard, garage, washer, and dryer for added privacy and convenience.

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Two-Unit Duplex with Garage Parking
Two-Unit Duplex with Garage Parking

San Mateo, CA 94401

$1,825,000

Two spacious residences feature three-bedroom, two-bath layouts with central forced air.

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San Mateo, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in San Mateo, CA, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 81,512 square feet of properties for sale, with an estimated market value of $73,726,000.

Sale prices for multifamily properties in San Mateo, CA start at $1,350,000, averaging $2,730,592, and reaching up to $8,900,000 — 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 18
Duplexes 16
Quadplexes 5
Triplexes 1

Demographics Overview

Population 141K
Population Growth (5Y) -1.2%
Median Household Income $165,615
College Educated 74.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
94402 $2.4M
94403 $2.4M
94401 $4.8M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $7.54 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Mateo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Residential Income

Property Size Breakdown

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

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