Salinas, CA Residential Income Properties for Sale

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24 properties

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Updated: Sep 1

Duplex with Detached Garage

7685-7695 Pine Tree, Salinas, CA 93907

$1,279,000

2,302 sqft 0.50 AC lot

Two‑unit duplex on a usable 0.5‑acre lot outside city limits and the Coastal Zone
Each unit is approximately 1,151 SF with 3 bedrooms, 2 full bathrooms, and a bonus room
Converted original garages add 1 bedroom and 1 full bathroom per unit
Private fenced backyards plus front‑area space for parking, storage, equipment, RVs, or animals
Two 1,500‑gallon septic systems were recently pumped and inspected

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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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Four-Unit Property with Covered Parking

447 Soledad ST, Salinas, CA 93901

$999,000

4,175 sqft 0.18 AC lot

The property includes varied unit sizes, public water service, and R-M-2.9 zoning in South Salinas.

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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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Two-Unit Duplex

1401 Grandhaven Street, Salinas, CA 93905

$750,000

1,655 sqft 0.14 AC lot

Front and rear residences offer distinct bedroom and bath configurations for flexible occupancy.

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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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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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Multifamily Property with Wall Furnace

127 N Madeira Avenue, Salinas, CA 93905

$825,000

1,616 sqft 0.14 AC lot

The residence includes ceiling fans, a wall furnace, and no garage or swimming pool.

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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

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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Updated Residential Income Property

110-150 Kern St, Salinas, CA 93905

$255,000

1,344 sqft

Updated home in a gated 55+ community with lake views and shared recreational amenities.

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Mobile Home Park with Residences

17653 Vierra Canyon Road, Salinas, CA 93907

$5,799,000

12,000 sqft

Income-producing property combines mobile home park operations, residences, and office space on a multi-parcel site.

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Three-Building Multifamily Apartment Complex

83 Castro Street, Salinas, CA 93906

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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

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

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

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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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

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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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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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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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

12350 Christensen Rd 76, Salinas, CA 93907

$115,000

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

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Mixed-Use and Residential Portfolio

437 E Alisal St, Salinas, CA 93905

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

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5-Unit Apartment Building

1027 Mohar Street, Salinas, CA 93905

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Multifamily property with consistent two-bedroom, one-bath layouts in East Salinas.

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

Salinas, CA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Salinas, CA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 77,008 square feet of properties for sale, with an estimated market value of $38,792,000.

Sale prices for residential income properties in Salinas, CA start at $115,000, averaging $1,847,238, 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

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
93906	$167K
93905	$1.1M
93907	$2.6M
93901	$3.7M

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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