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    Salinas, CA Triplexes for Sale

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    Fully Rented Triplex With Fenced Yard
    Updated: Mar 19
    Fully Rented Triplex With Fenced Yard

    615 Terrace Street, Salinas, CA 93905

    $725,000
    1,607 sqft
    Fully rented 3‑unit triplex built in 1951, with a front 2BD/1BA, back 2BD/1BA, and third 1BD/1BA unit
    Front unit (mostly remodeled) features updated flooring, kitchen cabinets, and kitchen countertops
    Back unit has a 2BD/1BA layout with tile flooring, an open floor plan, and a small fenced backyard
    Third unit is a 1BD/1BA with tile flooring and access to a storage shed in the backyard
    Owner pays trash, septic, and water per public remarks; potential tenant cost transfer is referenced in the remarks
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salinas, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tenant-Occupied Triplex
    Tenant-Occupied Triplex

    24 8th Street, Gonzales, CA 93926

    $745,000
    2,153 sqft

    Three occupied units create a compact multifamily property with month-to-month tenancy.

    View details
    Triplex with Detached Garages
    Triplex with Detached Garages

    19 Kilburn Street, Watsonville, CA 95076

    $920,000

    Three detached homes on one parcel with individual electric and gas meters and separate laundry hook-ups.

    View details
    Updated Triplex with Private Laundry
    Updated Triplex with Private Laundry

    219 9th Street, Gonzales, CA 93926

    $567,000

    Triplex includes a detached 2-bedroom home and a duplex with two 2-bedroom units, each with dedicated laundry areas.

    View details
    Detached Triplex With Shared Parking
    Detached Triplex With Shared Parking

    735 Rodriguez ST, Watsonville, CA 95076

    $879,000

    Single-level residences provide separation between homes and support long-term rental use.

    View details

    Salinas, CA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Salinas, CA on our real estate platform. These investment opportunities span a total of 1,607 square feet of properties for sale, with an estimated market value of $725,000.

    Sale prices for three-family homes in Salinas, CA average $725,000 — 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

    Duplexes 8
    Apartment buildings 2
    Mobile home & RV parks 2
    Quadplexes 2
    Triplexes 1

    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 $725K

    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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