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Petaluma, CA Multifamily Homes & Duplexes for Sale

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  • 408 Keller St, Petaluma, CA 94952
    408 Keller St, Petaluma, CA 94952
    408 Keller St, Petaluma, CA 94952
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    $2,799,000

    • 12 Beds
    • 6 Baths
    • 5,940 Sq Ft

    408 Keller St, Petaluma, CA 94952

    The property, a six-unit multifamily property is located in the heart of Petaluma. The property consists of six, fully remodeled two-bedroom 1.5-bath, town-house-style units with 8 newly paved parking spaces (one per unit, plus two additional rentable spaces). The building and units have been extensively updated. Unit renovations include new flooring, trims and two-tone paint and blinds

    Erich Reichenbach Marcus & Millichap Real Estate

    408 Keller St, Petaluma, CA 94952
  • 4288 Bodega Ave, Petaluma, CA 94952
    4288 Bodega Ave, Petaluma, CA 94952
    4288 Bodega Ave, Petaluma, CA 94952
    /54

    $1,900,000

    • 6 Beds
    • 6 Baths
    • 2,592 Sq Ft

    4288 Bodega Ave, Petaluma, CA 94952

    Neve Farms - a diversified agribusiness property with significant infrastructure currently operating as a wholesale nursery specializing in cut flowers. Conveniently located west of Petaluma, this multi-generational owner-occupied property is improved with (4) greenhouse structures totaling +/- 246,615 sq. ft., a +/- 2,112 sq. ft. bunching room, a +/- 1,240 sq. ft. cold storage room, a +/- 2,848

    Crawford Cooley Vice Properties Inc

    4288 Bodega Ave, Petaluma, CA 94952
  • 505 Petaluma Blvd N, Petaluma, CA 94952
    505 Petaluma Blvd N, Petaluma, CA 94952
    505 Petaluma Blvd N, Petaluma, CA 94952
    /31

    $1,469,000

    • 9 Beds
    • 10 Baths
    • 4,200 Sq Ft

    505 Petaluma Blvd N, Petaluma, CA 94952

    Investment opportunity with this multi-family property built in 1912. Each of the 6 units showcases individual character and potential for customization. This income property boasts proximity to key local amenities. The property sits close to the historical heart of downtown Petaluma, surrounded by a variety of shopping and dining options, enriching the lifestyle of residents. Each unit

    Nena Meola The Marks Company

    505 Petaluma Blvd N, Petaluma, CA 94952
  • 210 Keller St, Petaluma, CA 94952
    210 Keller St, Petaluma, CA 94952
    210 Keller St, Petaluma, CA 94952
    /21

    $3,200,000

    • 8 Beds
    • 8 Baths

    210 Keller St, Petaluma, CA 94952

    Highly desirable location in Historic Petaluma. One of the best walking downtown's in California. These 8 charming one bedroom, detached cottages will be a great addition to any portfolio. Each cottage has gas stoves and original Knotty Pine walls. Separate PGE meters, Carpet and features approx. 450 sq. ft. Off-street parking for 5 cottages. Walking distance to everything Petaluma downtown

    Denise Kilker Navigate Real Estate

    210 Keller St, Petaluma, CA 94952
California Sonoma County Petaluma

Multi-Family Homes & Duplexes for Sale in Petaluma, CA

Why Live in Petaluma

Petaluma, located 39 miles north of San Francisco in Sonoma County, California, is a small city known for its historic downtown, highly rated schools, and surrounding rural beauty. The Petaluma City Elementary School District and Petaluma Joint Union High School District are both highly rated, with Petaluma High School ranked among the top in the county. The city is characterized by its blend of suburban and rural areas, with historic homes downtown and multi-acre farms on the outskirts. Petaluma's downtown features farm-to-table restaurants, antique shops, fashion boutiques, and independent bookstores, set in Classic Revival buildings. Attractions include the Mystic Theatre music venue and various bars along the Petaluma River. The city hosts numerous events, such as the Butter and Egg Days Parade and Festival in April and the All Hallow’s Art Fest in October. Petaluma is surrounded by wineries, thanks to the Petaluma Gap, which creates an ideal wine-growing microclimate. The city is safer than the national average, with lower property and violent crime rates. Petaluma's parks are abundant, with 98% of residents living within a 10-minute walk of a public park. Shollenberger Park is the largest, featuring trails through natural wetlands, while Lucchesi Park offers sports facilities and hosts the East Side Farmers Market. Home styles vary from historic Queen Annes and Craftsman homes in West Petaluma to midcentury ranch- and cottage-style homes in East Petaluma. The city is accessible via Highway 101 and the SMART train, with the Petaluma Municipal Airport nearby and San Francisco International Airport 51 miles south.

Learn more about living in Petaluma

Home Trends in Petaluma, CA

On average, homes in Petaluma, CA sell after 66 days on the market compared to the national average of 70 days. The median sale price for homes in Petaluma, CA over the last 12 months is $990,000, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$990,000
Median Single Family Sale Price
$1,194,234
Median 2 Bedroom Sale Price
$585,000
Average Price Per Sq Ft
$806
Number of Homes for Sale
7
Last 12 months Home Sales
71
Months of Supply
1.20
Median List Price
$1,075,297
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
How to Buy a Home How to Finance a Home How to Sell a Home

In Petaluma, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,469,000 to $3,200,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Petaluma is $1,075,297, while the average sale price is $1,309,997, offering insights into the local housing market. On average, multi-family homes spend 66 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 Petaluma, CA.

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