8

Palo Alto, CA Multifamily Homes & Duplexes for Sale

Section Image
  • /7

    $2,600,000 Open Wed 11AM - 1PM

    • 3 Beds
    • 2 Baths
    • 1,545 Sq Ft

    2145 Park Blvd, Palo Alto, CA 94306

    Prime Investment Opportunity in the Heart of Palo Alto! Exceptional duplex located in one of Palo Altos most sought-after neighborhoods surrounded by major employers, top schools, and vibrant amenities. Ideal for both owner-occupants and savvy investors. Park Blvd includes: A front 2-bedroom, 1-bath unit (approx 883 sf), and a rear 1-bedroom, 1-bath unit (approx 660 sf). Each unit enjoys its

    Bryan Danforth Compass

    2145 Park Blvd, Palo Alto, CA 94306
  • /20

    $13,888,000

    • 8 Beds
    • 4 Baths
    • 4,474 Sq Ft

    231 Churchill Ave, Palo Alto, CA 94301

    Rare opportunity to own a special property on a large lot in prestigious Old Palo Alto. The property features 4 cottages on an expansive flat 20,000 sq ft lot with mature trees. Each home has 2 bedrooms and 1 bath, outdoor private and fenced space and detached garages. This property gives you steady income while exploring its full of opportunites. Top rated Palo Alto Schools. Nearby Gamble

    Vivian Jiang Maxreal

    231 Churchill Ave, Palo Alto, CA 94301
  • /62

    $3,488,000

    • 6 Beds
    • 3 Baths
    • 2,222 Sq Ft

    151 Colorado Ave, Palo Alto, CA 94301

    Excellent opportunity to live in one of the units in Palo Alto! Beautiful ground level unit (2497 High Street) with front garden and plethora of windows filling the living room with natural lights, plus a glass sliding door to a large side yard. Upgraded kitchen with granite counter and tiled backsplash. Two bedrooms one bath + office or 3rd bedroom with separate entry. (A bathroom may be added

    Olivia Lee RE/MAX Gold Redwood Shores.

    151 Colorado Ave, Palo Alto, CA 94301
  • /2

    $3,240,000

    • 3 Beds
    • 4 Baths
    • 2,274 Sq Ft

    756 Waverley St, Palo Alto, CA 94301

    Just blocks from the heart of downtown Palo Alto, this well-maintained triplex offers a rare chance to build long-term wealth in one of the country's most desirable cities. The property includes three distinct units: a 1-bedroom/1-bath, a 2-bedroom/1.5-bath two-story, and a studio with a full bath, each offering its own appeal. The two larger units feature updated kitchens, while the studio

    Michael Repka Deleon Realty

    756 Waverley St, Palo Alto, CA 94301
  • /39

    $2,798,888

    • 3 Beds
    • 3 Baths
    • 2,799 Sq Ft

    250 Fernando Ave, Palo Alto, CA 94306

    Welcome to 240-260 Fernando Ave, a rare and versatile three-unit property ideally situated in one of Palo Alto's most desirable neighborhoods. Nestled on a tree-lined street, this triplex offers a unique opportunity for investors, extended families or those seeking rental income while living in one of the units. All 3 individual buildings consist of 1 bedrooms, 1 bathroom, 933 SqFt, their own

    Michael Camarena Intempus Realty

    250 Fernando Ave, Palo Alto, CA 94306
  • /13

    $2,048,000

    • 2 Beds
    • 2 Baths
    • 1,360 Sq Ft

    1908 Menalto Ave, Menlo Park, CA 94025

    1908 + 1910 Menalto Ave is an incredible Menlo Park Duplex in the heart of Silicon Valleys Willows neighborhood, on the border of Palo Alto. Surrounded by single family homes and a stone's throw away from premium amenities! Two 1-bed, 1-bath units approx. 700sf each, Recent Improvements include: New roof in 2024, New electrical panels in 2025, New interior and exterior paint, Both kitchens

    Bryan Danforth Compass

    1908 Menalto Ave, Menlo Park, CA 94025
  • /8

    $1,465,000

    • 5 Beds
    • 4 Baths
    • 3,892 Sq Ft

    1879 Woodland Ave, East Palo Alto, CA 94303

    West of 101, South of University Ave. Great building with four one bedroom units, many updates, each unit has patio, one with large private yard. Plenty of parking. Large commercial live work space, endless opportunity with this space. Clean property, plenty of upside in rents, strong stable residents.

    Scott Kilpatrick Compass

    1879 Woodland Ave, East Palo Alto, CA 94303
  • /50

    $1,888,888

    • 9 Beds
    • 7 Baths
    • 4,000 Sq Ft

    116 Daphne Way, East Palo Alto, CA 94303

    Gorgeous & Spacious! Be the first to live in this Newly Remodeled down to the studs home. Hardwood floors throughout. Kitchen with Jenn Air appliances, granite counter tops, marble floors, contrast color cabinets, island with water fall counter top. Massive laundry room with LG washer & dryer. New efficient plumbing, three electric panels with all updated electrical wiring. Two zone with two high

    Paymon Ghafouri Paymon Real Estate Group

    116 Daphne Way, East Palo Alto, CA 94303

Why Live in Palo Alto

Stanford University shapes daily life in Palo Alto, with its stunning architecture, gardens, and cultural attractions like the Cantor Center for Visual Arts and Rodin Sculpture Garden drawing visitors year-round. The city features extensive outdoor recreation, from the popular hiking trails at The Dish to birdwatching at Baylands Nature Preserve. The upscale Stanford Shopping Center and diverse dining scene, including acclaimed restaurants like Evvia Estiatorio and Nobu Palo Alto, create a sophisticated atmosphere. The Palo Alto real estate market features distinct neighborhoods with varying price points. Single family homes in Old Palo Alto and Crescent Park command the highest prices with a median of $5,600,000. Downtown North single family homes have a median price of $2,850,000. Condominiums present a more accessible entry point, with one-bedroom units at a median price of $819,000 and two-bedroom units at $1,200,000. Townhomes have a median price of $2,100,000. Property taxes in Palo Alto remain competitive at 0.71%, compared to nearby Menlo Park and Redwood City at 0.61%. The California state income tax rate is 1.00% for yearly salaries of $41,901, with a combined sales tax rate of 8.80%. The city maintains excellent public schools, including Henry M. Gunn High School and Palo Alto High School, both rated A+ by Niche. Private options include the A+ rated Castilleja School. Commuters benefit from convenient access to Silicon Valley jobs via Caltrain, reaching San Francisco in 45 to 60 minutes and San Jose in 20 to 30 minutes. The Mediterranean climate features warm summers with temperatures in the 70s°F and mild winters rarely below 40°F.

Home Trends in Palo Alto, CA

Housing Trends

Median Sale Price
$3,600,000
Median Single Family Sale Price
$3,600,000
Median Townhouse Sale Price
$1,998,000
Median 2 Bedroom Sale Price
$1,792,000
Average Price Per Sq Ft
$1,688
Number of Homes for Sale
5
Last 12 months Home Sales
39
Months of Supply
1.50
Median List Price
$3,500,000
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
6%
How to Buy a Home How to Finance a Home How to Sell a Home