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    San Luis Obispo, CA Triplexes for Sale

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    Santa Margarita, CA Avila Beach, CA Pismo Beach, CA
    9 results
    Multi-Unit Property in Railroad District
    $1,395,000
    2,816 SF
    Multi-Unit Property in Railroad District

    523 Branch Street, San Luis Obispo, CA 93401

    Three residences in a prime San Luis Obispo location.
    • Prime location in San Luis Obispo's desirable Railroad District, near parks and downtown.
    • Three separate residences on a large 8,980± sq ft lot, offering strong income potential.
    • Flexible living options for investors, owner‑occupants, or those seeking rental income.
    • Front residence (523 Branch St) features 3 bedrooms, 1 bathroom, covered porch, and in‑unit laundry.
    • Two additional units (520 South A & B) each with open‑concept living, private yard, bedroom, bathroom, and loft.
    Updated: May 26
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    Charming Multi-Unit Property in San Luis Obispo
    $1,250,000
    1,727 SF
    Charming Multi-Unit Property in San Luis Obispo

    2101 Johnson Avenue, San Luis Obispo, CA 93401

    Three-unit property with strong income potential in a desirable location.
    • Strong income potential from a 3‑unit property in a desirable San Luis Obispo location.
    • Versatile living options: live in one unit and rent the others, or rent all three.
    • Charming 2‑bedroom, 1‑bath main house with vintage character and a private fenced patio.
    • Features a contemporary two‑story duplex with two stylish loft‑style studio units, each with a full bathroom and attached single‑car garage.
    • Unbeatable location near Terrace Hill Open Space, Sinsheimer Park, and Downtown San Luis Obispo.
    Updated: May 11
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    San Luis Obispo Triplex Investment
    $1,375,000
    2,380 SF
    San Luis Obispo Triplex Investment

    Three residential units on one property near downtown.

    1420 Johnson Avenue 1428, San Luis Obispo, CA 93401

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    San Luis Obispo Triplex Investment
    $1,395,000
    1,930 SF
    San Luis Obispo Triplex Investment

    Income-producing triplex near downtown San Luis Obispo with strong rental income.

    1719 Chorro 1721, San Luis Obispo, CA 93401

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    Three-Unit Residential Income Property
    $1,395,000
    0.21 Acres
    Three-Unit Residential Income Property

    Three separate residences on a street-to-street lot, offering flexible living and rental layout with off-street parking.

    523 Branch St, San Luis Obispo, CA 93401

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    Turnkey Triplex in San Luis Obispo
    $1,299,000
    Turnkey Triplex in San Luis Obispo

    Rare triplex near downtown and Cal Poly with upside potential.

    2101 Johnson Ave, San Luis Obispo, CA 93401

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    Charming Triplex in Desirable Location
    $1,250,000
    Charming Triplex in Desirable Location

    Unique 3-unit property near downtown San Luis Obispo.

    2101 Johnson Avenue, San Luis Obispo, CA 93401

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    Turnkey Triplex in San Luis Obispo
    $1,299,000
    900 SF
    Turnkey Triplex in San Luis Obispo

    Rare triplex near downtown and Cal Poly with upside potential.

    2101-2103 Johnson Ave, San Luis Obispo, CA 93401

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    Multifamily
    $1,510,000
    Multifamily

    Triplexes

    791 Pepper, San Luis Obispo, CA 93401

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in San Luis Obispo, 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.

    Remodeled Triplex in Orcutt
    $1,148,888
    2,421 SF
    Remodeled Triplex in Orcutt

    Rare opportunity: remodeled home plus two new units for income.

    1172 E Rice Ranch Road, Santa Maria, CA 93455

    View details
    Turn-Key Triplex in Paso Robles
    $889,000
    Turn-Key Triplex in Paso Robles

    Triplex with tenants in up-and-coming Paso Robles area.

    3532 Spring St, El Paso de Robles (, Paso Robles, CA 93446

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    Paso Robles Triplex Investment Opportunity
    $1,295,000
    2,632 SF
    Paso Robles Triplex Investment Opportunity

    Desirable triplex near downtown Paso Robles with income and upside.

    2221 Oak Street, Paso Robles, CA 93446

    View details
    Mixed-Use Property in Santa Maria
    $1,750,000
    2,650 SF
    Mixed-Use Property in Santa Maria

    Mixed-use property with residential units on a large lot.

    3375 ORCUTT RD, Santa Maria, CA 93455

    View details

    San Luis Obispo, CA Triplexes Investment Opportunities Market Analysis

    Explore 9 triplexes for sale in San Luis Obispo, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 11,579 square feet of properties for sale, with an estimated market value of $8,139,000.

    Sale prices for three-family homes in San Luis Obispo, CA start at $1,250,000, averaging $1,356,500, and reaching up to $1,425,000 — 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

    Triplexes 9
    Apartment buildings 3
    Duplexes 3
    Mobile home & RV parks 3

    Property Size Breakdown

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

    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    93401 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per sq ft
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

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