Atascadero, CA Multifamily Homes & Duplexes for Sale

/72
$1,075,000
- 5 Beds
- 5 Baths
- 2,724 Sq Ft
5401 Capistrano Ave, Atascadero, CA 93422

Welcome to 5401 Capistrano Ave, a unique property in the heart of Atascadero, CA. This 4-unit residence offers an exceptional investment opportunity or an ideal living situation for those looking to establish their home in a vibrant community.Sprawling across 2,724 square feet on an expansive 18,000 sq ft lot stands this impressive building. The main structure houses a triplex with the

Levi Seligman Acquire Mortgage & Real Estate

5401 Capistrano Ave, Atascadero, CA 93422
Explore Atascadero
/23
$1,775,000
- 3 Beds
- 2 Baths
- 3,432 Sq Ft
7116 7124 Sombrilla Ave, Atascadero, CA 93422

Sweet little investment property ready for it's new owner. 6 units, 4 1 bedroom 1 bath and 2 2 bedroom 1 bath units with a cultivated group of tenants that treat the complex like its own community. Many of the units have been updated throughout the years. The roofs of both buildings were replaced in April 2025 with 50 year shingles, and the exterior has been recently painted. There are over 11

Wendy Streshenkoff RE/MAX Parkside Real Estate

7116 7124 Sombrilla Ave, Atascadero, CA 93422
/51
$1,080,000
- 6 Beds
- 2,142 Sq Ft
8740 El Camino Real Unit A, Atascadero, CA 93422

Fully renovated historic triplex located in the heart of Atascadero, offering strong rental income potential and modern upgrades throughout. This turnkey property has been remodeled from the foundation up, featuring a re-engineered and reinforced foundation, new roof, updated siding, fresh interior and exterior paint, new dual-pane windows, wood laminate flooring, and new appliances. The property

Susie Brans Richardson Sotheby's International Realty

8740 El Camino Real Unit A, Atascadero, CA 93422
/39
$3,450,000
- 10 Beds
- 10 Baths
- 5,952 Sq Ft
4900 San Palo Rd, Atascadero, CA 93422

Offering Mission Cottages - A 100% occupied 12-unit multifamily complex with opportunity for stabilized rent growth. Average Rents for one-bedroom units are $1,866.36/month. Desirable mix of 11 one-bedroom one-bath units and 1 two-bedroom one-bath single-family residence home. Current cap rate above 5% and with some value add, investors can stabilize above a 6% cap rate. All units are fully

Abel Contreras Invest SLO

4900 San Palo Rd, Atascadero, CA 93422

California San Luis Obispo County Atascadero

Why Live in Atascadero

Atascadero, located in California’s Central Coast, is a small city in the rural Salinas Valley, nestled between the Salinas River and the Santa Lucia Mountains. With a population of around 30,000, it offers a blend of small-town charm and growing urban amenities. The downtown area has seen recent development, featuring new shops, restaurants, and a walkable environment centered on El Camino Real. Atascadero is known for its highly rated schools within the Atascadero Unified School District, which includes specialized programs like the Atascadero Fine Arts Academy and flexible learning options at the A.C.E. Academy. The city boasts a low crime rate compared to the national average, despite the presence of the maximum-security Atascadero State Hospital. Outdoor enthusiasts can enjoy the 103-acre Three Bridges Oak Preserve, Stadium Park, and Atascadero Lake Park, which hosts a variety of community events and the Central Coast’s only zoo. The Chalk Mountain Golf Course and numerous community parks offer additional recreational opportunities. Atascadero’s proximity to Pacific coast beaches, San Luis Obispo, and Paso Robles wine country, all within 20 miles, adds to its appeal. Housing options range from custom single-family homes on large lots to suburban subdivisions and townhouses. Public transportation is accessible via the San Luis Obispo Regional Transit Authority, and the city is conveniently located on Highway 101, providing easy commutes to nearby urban centers.

Learn more about living in Atascadero

Home Trends in Atascadero, CA

On average, homes in Atascadero, CA sell after 39 days on the market compared to the national average of 52 days. The median sale price for homes in Atascadero, CA over the last 12 months is $762,500, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$762,500

Median Single Family Sale Price

$843,000

Median Townhouse Sale Price

$675,000

Median 2 Bedroom Sale Price

$393,000

Median 1 Bedroom Sale Price

$317,000

Average Price Per Sq Ft

$463

Number of Homes for Sale

Last 12 months Home Sales

300

Months of Supply

2.50

Median List Price

$779,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Atascadero, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,075,000 to $3,450,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Atascadero is $779,000, while the average sale price is $836,335, offering insights into the local housing market. On average, multi-family homes spend 39 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Atascadero, CA.

Atascadero Types of Homes for Sale

Atascadero Real Estate Listings

Atascadero New Construction Homes

More About Living in Atascadero

Homes in Nearby Neighborhoods

Cayucos Homes for Sale

Homes in Nearby Cities

Homes in Nearby Counties

San Luis Obispo County Homes for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information