Triplex

Salinas, CA Triplexes for Sale

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Marina, CA Castroville, CA Prunedale, CA Carmel Valley, CA Seaside, CA Monterey, CA Sand City, CA Chualar, CA
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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Mixed-Use and Residential Portfolio
Updated: Apr 12
Mixed-Use and Residential Portfolio

437 E Alisal St, Salinas, CA 93905

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Portfolio for sale at 437‑443 E. Alisal St. and 315‑325 Kings St. in Salinas, CA
437 and 443 E. Alisal St.: commercial buildings with frontage on E. Alisal, featuring retail and office tenants
315 Kings St.: approximately 1,500 SF single‑family home with 3 bedrooms and 1 bath
325 Kings St.: triplex with three 1‑bedroom units and off‑street parking
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Well-Maintained Triplex with Detached Garage
Well-Maintained Triplex with Detached Garage

28 Madison Street, Watsonville, CA 95076

$1,000,000
2,461 sqft

Triplex offers three separately metered units, including a newer detached three-car garage with private enclosed parking.

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Triplex with Private Unit Entrances
Triplex with Private Unit Entrances

410 Pine Avenue, Pacific Grove, CA 93950

$2,199,000
3,528 sqft

Three-unit triplex with private entrances, in-unit kitchens and laundry, and separate metering.

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Triplex with Ocean Views
Triplex with Ocean Views

114 Carmel Avenue, Pacific Grove, CA 93950

$2,195,000
2,653 sqft

Three-unit property with one 3-bedroom, 2-bath unit and two 1-bedroom units, offering views across Monterey Bay.

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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.

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Salinas, CA Triplexes Market Trends and Statistics

Explore 2 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

Apartment buildings 6
Duplexes 5
Mobile home & RV parks 4
Quadplexes 2
Triplexes 2

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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