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    Palo Alto, CA Residential Income Properties for Sale

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    Multifamily Property with ADU
    Updated: Oct 13
    Multifamily Property with ADU

    Palo Alto, CA 94301

    $3,990,000
    3,142 sqft 0.15 AC lot
    Two‑bedroom, two‑bath residence at 171 Emerson Street
    Three one‑bedroom, one‑bath units at 207 Hawthorne Avenue
    One‑bedroom, one‑bath ADU with permit issued
    3,142 square feet on 0.1492 acres; RM3 zoning
    Built in 1902; wall‑unit cooling and composition roof
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    3-Unit Triplex
    Updated: Sep 15
    3-Unit Triplex

    Palo Alto, CA 94301

    $2,200,000
    1,822 sqft 0.14 AC lot
    Three residences: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
    1,822 square feet on a 0.1389‑acre lot
    Each residence has dedicated parking; property parking is assigned
    RM3 zoning
    Built in 1955
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    Triplex with Covered Parking
    Triplex with Covered Parking

    301 College AVE, Palo Alto, CA 94306

    $3,995,000
    4,350 sqft

    Three residences offer distinct layouts, with shared laundry and storage serving the property.

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    15-Unit Apartment Building
    15-Unit Apartment Building

    330 Ventura Ave, Palo Alto, CA 94306

    $7,000,000
    8,244 sqft 0.44 AC lot

    One- and two-bedroom floor plans with private parking and on-site laundry.

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    Three-Unit Residential Property
    Three-Unit Residential Property

    2571 Alma St, Palo Alto, CA 94301

    $2,200,000
    1,822 sqft

    A varied unit mix and dedicated parking support rental use or owner occupancy.

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    14-Unit Apartment Building with Balconies
    14-Unit Apartment Building with Balconies

    837 Cowper ST, Palo Alto, CA 94301

    $11,000,000
    12,830 sqft 0.40 AC lot

    Two-story multifamily property with updated interiors, landscaped grounds, resident laundry, and off-street permitted parking.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    252-262 Everett Avenue, Palo Alto, CA 94301

    $3,098,000
    3,540 sqft

    Five residences feature updated kitchens and baths, in-unit laundry, and air conditioning.

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    5-Unit Multifamily Property
    5-Unit Multifamily Property

    207 Hawthorne AVE, Palo Alto, CA 94301

    $3,990,000
    3,142 sqft

    A two-bedroom residence is paired with four one-bedroom units, including an ADU.

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    Duplex with Detached ADU
    Duplex with Detached ADU

    546 Oxford Ave, Palo Alto, CA 94306

    $5,600,000
    3,427 sqft

    Newly built in 2025, the property combines a three-bedroom main home with a separate two-bedroom accessory dwelling unit.

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    Updated Mobile Home
    Updated Mobile Home

    9097 N N Ventura Avenue, 11, Ventura, CA 93001

    $195,000
    672 sqft

    One-bedroom residence in a 55+ community with remodeled interior features and access to riverfront scenery and bike trails.

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    4-Unit Quadplex with Private Outdoor Space
    4-Unit Quadplex with Private Outdoor Space

    311-317 Ramona Street, Palo Alto, CA 94301

    $2,998,000
    3,169 sqft 0.12 AC lot

    Residents have individual yard or balcony space, with laundry available in-unit or in a shared room.

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    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    1073 N VENTURA AVE, Ventura, CA 93001

    Contact for pricing
    13,825 sqft 0.42 AC lot

    Two buildings combine residential apartments with retail and office suites around a central parking area.

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    Multifamily Property with Off-Street Parking
    Multifamily Property with Off-Street Parking

    311317 Ramona Street, Palo Alto, CA 94301

    $2,998,000
    3,169 sqft

    RM4 zoning and a mix of central and wall-furnace heating serve this Palo Alto multifamily property.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    26092617 Alma Street, Palo Alto, CA 94306

    $2,500,000
    2,232 sqft

    Approved plans support four detached three-story rental townhomes.

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    Duplex with Adjacent 4-Plex
    Duplex with Adjacent 4-Plex

    2120 Williams Street, Palo Alto, CA 94306

    $1,600,000
    840 sqft

    Duplex offered together with an adjacent four-plex as a multifamily for-sale package.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    2609-2617 Alma Street, Palo Alto, CA 94306

    $2,500,000
    2,232 sqft

    For sale quadplex-style multifamily building with four units at 2609–2617 Alma Street.

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    Apartment Building with On-Site Laundry
    Apartment Building with On-Site Laundry

    727729 Waverley St, Palo Alto, CA 94301

    $3,700,000
    0.17 AC lot

    Eight residential units include six 1-bedroom units plus two nonconforming bachelor studios and a coin-operated laundry facility.

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    Triplex Investment Property
    Triplex Investment Property

    Palo Alto, CA 94303

    $918,000

    Triplex with one 2-bedroom, 1-bath unit and two 1-bedroom, 1-bath units in San Mateo County.

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    Four-Unit Residential Property
    Four-Unit Residential Property

    Palo Alto, CA 94306

    $2,500,000

    The 1955 property includes covered parking and private outdoor areas.

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    Remodeled Duplex with Permitted ADU
    Remodeled Duplex with Permitted ADU

    3391 Thomas Drive, Palo Alto, CA 94303

    $3,400,000
    2,032 sqft

    Updated residence with an attached accessory dwelling unit, flexible floor-plan options, landscaped outdoor space, and substantial parking.

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    Multifamily Property with Three Units
    Multifamily Property with Three Units

    2422 Alameda Ave, Ventura, CA

    $749,000

    Attached residences include private outdoor areas, parking, storage, laundry, and an RV rental.

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    Mixed-Use Condominium Development
    Mixed-Use Condominium Development

    4115 El Camino Real, Palo Alto, CA 94306

    $18,000,000

    New 2025 mixed-use condominium asset includes ground-floor retail and second-floor office units in shell condition.

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    5-Unit Residential Income Property
    5-Unit Residential Income Property

    2965 Emerson St, Palo Alto, CA 94306

    $3,300,000

    Five-unit apartment building offered for sale in Palo Alto, CA.

    View details
    Craftsman Duplex With Second Unit
    Craftsman Duplex With Second Unit

    243 Webster St, Palo Alto, CA 94301

    $3,495,000
    1,916 sqft

    R2-zoned property near University Ave with hardwood floors, high ceilings, and substantial building improvements.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Palo Alto, CA, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

    Palo Alto, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Palo Alto, CA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 72,406 square feet of properties for sale, with an estimated market value of $91,926,000.

    Sale prices for residential investment properties in Palo Alto, CA start at $195,000, averaging $3,996,782, and reaching up to $18,000,000 — 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

    Multifamily properties 49
    Apartment buildings 13
    Quadplexes 11
    Duplexes 10
    Triplexes 10

    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 average listing prices of real estate assets

    Neighborhood Average Price
    94303 $2.2M
    94301 $3.9M
    94306 $5.3M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Santa Clara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Palo Alto, CA

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