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    San Mateo, CA Residential Income Properties for Sale

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    Six-Unit Apartment Building with Garages
    Updated: Nov 18, 2025
    Six-Unit Apartment Building with Garages

    San Mateo, CA 94401

    $2,750,000
    4,586 sqft 0.10 AC lot
    Six residential units: five one‑bedroom, one‑bathroom units and one two‑bedroom, one‑bathroom unit
    Five one‑bedroom apartments are approximately 600 square feet each
    4,586‑square‑foot building on a 0.099‑acre lot
    A detached enclosed garage is provided for each unit
    Remodeled interiors feature updated kitchens, bathrooms, flooring, and fixtures
    View details
    12-Unit Apartment Building
    Updated: Jul 14, 2025
    12-Unit Apartment Building

    San Mateo, CA 94401

    $5,425,000
    4,586 sqft 0.10 AC lot
    12 residential units: 10 one‑bedroom, one‑bathroom units and 2 two‑bedroom, one‑bathroom units
    Each one‑bedroom unit is approximately 600 sq ft
    Detached enclosed garage for each unit
    4,586‑square‑foot building on a 0.099‑acre lot
    Zoned R40000
    View details
    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

    $2,450,000
    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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    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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    Two-Bedroom Duplex Investment Property
    Two-Bedroom Duplex Investment Property

    4 Warren Rd, San Mateo, CA 94401

    $2,280,000
    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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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    109 Hobart Avenue, San Mateo, CA 94402

    $2,526,000
    3,686 sqft

    Central forced air and a private rear outdoor area support comfortable residential occupancy.

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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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    Residential Income Property
    Residential Income Property

    934 S Delaware Street, San Mateo, CA 94402

    $1,825,000
    2,910 sqft

    The 1936 property has floor and wall furnace heating.

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    Multifamily Apartment Property
    Multifamily Apartment Property

    16 West Bellevue Avenue, San Mateo, CA 94402

    $3,650,000
    3,856 sqft

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

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    Residential Income Property
    Residential Income Property

    869 Woodside Way, San Mateo, CA 94401

    $1,648,000
    2,317 sqft

    Established residential income asset with forced-air heating and natural gas service.

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    Updated Duplex
    Updated Duplex

    1228 Maple ST, San Mateo, CA 94402

    $1,895,000
    2,356 sqft

    The front residence has refreshed kitchen and bath finishes, and both homes include laundry rooms and one-car garages.

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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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    Occupied Fourplex With Covered Parking
    Occupied Fourplex With Covered Parking

    414 E 16th AVE, San Mateo, CA 94402

    $1,900,000

    Two-story San Mateo asset with studio and one-bedroom units, on-site laundry, and dual-paned windows.

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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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    Quadplex with Private Outdoor Space
    Quadplex with Private Outdoor Space

    444 Villa TER, 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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    Entitled Mixed-Use Development Site
    Entitled Mixed-Use Development Site

    230 South El Camino Real, San Mateo, CA 94402

    Contact for pricing
    0.26 AC lot

    Plans provide for residential units above ground-floor retail, with on-site parking.

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    Renovated 6-Unit Apartment Building
    Renovated 6-Unit Apartment Building

    San Mateo, CA 94402

    $3,600,000

    Mostly updated residences offer home-like layouts, select in-unit laundry, private outdoor areas, and covered and uncovered parking.

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    Single-Level Duplex with Garages
    Single-Level Duplex with Garages

    450-452 State ST, San Mateo, CA 94401

    $1,688,000

    The two residences have separate utility meters and individual washer-dryer sets.

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    Single-Level Duplex with Updated Kitchen
    Single-Level Duplex with Updated Kitchen

    San Mateo, CA 94403

    $1,875,000

    Two residential units feature eat-in kitchens, hardwood flooring, separate utility metering, and an expansive backyard.

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    Traditional Duplex
    Traditional Duplex

    San Mateo, CA 94403

    $2,070,000

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

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    Apartment Building with Corner Lot
    Apartment Building with Corner Lot

    San Mateo, CA 94403

    $4,100,000

    Well-maintained apartment building offering eight residential units with room for RV or boat parking.

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    San Mateo Multifamily Investment Opportunity
    San Mateo Multifamily Investment Opportunity

    2001 Parrott Dr, San Mateo, CA 94402

    Contact for pricing

    Multifamily property in San Mateo, open house on 3/13 and 3/18.

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

    San Mateo, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in San Mateo, CA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 53,771 square feet of properties for sale, with an estimated market value of $52,737,000.

    Sale prices for residential investment properties in San Mateo, CA start at $1,648,000, averaging $2,511,285, and reaching up to $5,425,000 — 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 27
    Apartment buildings 11
    Duplexes 11
    Quadplexes 4

    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
    94401 $2.4M
    94403 $2.5M
    94402 $2.6M

    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.

    How Realmo verifies these figures

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    Popular Searches in San Mateo, CA

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    Most Searched ZIP Codes in San Mateo, CA

    • 94402
    • 94401
    • 94403

    Featured San Mateo Real Estate Agencies

    Realmo connects you with licensed San Mateo CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Cronan Real Estate Services, Inc.
    19 S. B Street, Ste. 5 San Mateo, CA 94401
    Phone: (650) 307-2240
    www.cronanrealestate.com
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