$2,300,000
- 5 Beds
- 4 Baths
- 2,416 Sq Ft
32 Via Ventura, Monterey, CA 93940
Steve Cardinalli Cardinalli Real Estate
5
Monterey, CA Multifamily Homes & Duplexes for Sale
-
32 Via Ventura, Monterey, CA 93940
-
Explore Monterey
-
$1,150,000
- 4 Beds
- 2 Baths
- 1,974 Sq Ft
1270 6th St, Monterey, CA 93940
1270 6th St, Monterey, CA 93940Doug Steiny Sotheby’s International Realty
-
$1,850,000
- 3,130 Sq Ft
1251 First St, Monterey, CA 93940
1251 First St, Monterey, CA 93940Loren Ybarra Exp Realty Of California Inc.
-
$1,700,000
- 1,824 Sq Ft
1230 Del Monte Ave, Monterey, CA 93940
1230 Del Monte Ave, Monterey, CA 93940Loren Ybarra Exp Realty Of California Inc.
-
$1,800,000
- 8 Beds
- 4 Baths
- 3,436 Sq Ft
830 Parcel St, Monterey, CA 93940
830 Parcel St, Monterey, CA 93940The C Group Real Brokerage Technologies
Why Live in Monterey
Monterey's stunning coastal location along California's central coast provides residents with unparalleled access to natural beauty and outdoor recreation. The world-renowned Monterey Bay Aquarium anchors the historic Cannery Row district, while the scenic 17-Mile Drive leads to iconic landmarks like the Lone Cypress and Pebble Beach Golf Links. Residents enjoy whale watching, hiking at Point Lobos State Natural Reserve, and cycling along the 18-mile Monterey Bay Coastal Recreation Trail. The city's Mediterranean climate maintains mild temperatures between 48°F and 65°F year-round, perfect for exploring Asilomar State Beach or watching sea lions at Fisherman's Wharf.
The Monterey real estate market features diverse housing options across distinct neighborhoods. Single-family homes in Old Monterey have a median price of $1,125,000, while New Monterey homes command a median of $1,223,000. The upscale Monterey Vista area sees median single-family prices of $1,311,500. Condos provide more affordable entry points, with one-bedroom units at a median of $492,000 and two-bedrooms at $712,500. The median townhouse price sits at $1,120,000.
Property taxes in Monterey County maintain a 0.66% effective rate, while California's state income tax is 6.00% for yearly salaries of $41,901. The combined sales tax rate reaches 8.80%. The city's educational options include highly rated public schools like Monterey High School and private institutions such as the APlus-rated Stevenson School and York School. The Monterey Institute of International Studies adds higher education opportunities. Commuters can utilize the Monterey-Salinas Transit system, including a free trolley connecting major attractions during peak seasons. San Francisco lies 120 miles north, typically a 2-hour drive via Highway 101.
Home Trends in Monterey, CA
On average, homes in Monterey, CA sell after 55 days on the market compared to the national average of 52 days. The median sale price for homes in Monterey, CA over the last 12 months is $1,175,000, down 4% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$1,175,000
Median Single Family Sale Price
$1,385,000
Median Townhouse Sale Price
$1,230,000
Median 2 Bedroom Sale Price
$835,426
Median 1 Bedroom Sale Price
$493,500
Average Price Per Sq Ft
$818
Number of Homes for Sale
78
Last 12 months Home Sales
185
Months of Supply
5.10
Median List Price
$1,295,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-4%
Popular Home Searches in Monterey, CA
Buyers in Monterey often seek coastal charm, historic properties, and relaxed indoor-outdoor living near the bay or downtown.
- Looking for water views? Explore oceanfront homes or waterfront homes near Cannery Row or Pacific Grove.
- Want classic charm? Check out historic homes or Spanish style houses in older parts of the city.
- Prefer easy access to nature? Browse homes with a deck or yard near parks and hiking trails.
- Need extra functionality? Look for properties with basements or garages for added storage and convenience.
- Love unique architecture? Consider craftsman style or mid-century modern homes around Monterey Hills.
In Monterey, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,150,000 to $2,300,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Monterey is $1,295,000, while the average sale price is $1,339,335, offering insights into the local housing market. On average, multi-family homes spend 55 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 Monterey, CA.
Monterey Types of Homes for Sale
More About Living in Monterey
Popular Searches in Monterey
Homes in Nearby Neighborhoods
Homes in Nearby Cities
Homes in Nearby Counties
Copyright © 2025 CoStar Group
