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San Mateo, CA Multifamily Homes & Duplexes for Sale

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  • /97

    $1,680,000

    • 5 Beds
    • 3 Baths
    • 1,900 Sq Ft

    1567 Lago St, San Mateo, CA 94403

    Waterfront living and investment opportunity in San Mateo! This rare duplex sits along the peaceful Lago Street lagoon and offers two well-designed units: one featuring 3 bedrooms and 1.5 bathrooms, and the other offering 2 bedrooms and 1 bathroom. Both enjoy beautiful water views, creating a serene backdrop that makes this property truly special. Whether youre an investor seeking strong rental

    Eric Chang Crossbay Group Inc

    1567 Lago St, San Mateo, CA 94403
  • /5

    $3,200,000

    • 8 Beds
    • 4 Baths
    • 4,084 Sq Ft

    127 & 133 N Delaware St, San Mateo, CA 94401

    Marketing Package and additional information available upon request. 127 & 133 N Delaware Street consists of two adjoining duplexes that are available for purchase separately or together.

    Mitchell Zurich Marcus & Millichap

    127 & 133 N Delaware St, San Mateo, CA 94401
  • /6

    $1,600,000

    • 4 Beds
    • 2 Baths
    • 2,042 Sq Ft

    133 N Delaware St, San Mateo, CA 94401

    Marketing Package and additional information available upon request. 127 & 133 N Delaware Street consists of two adjoining duplexes that are available for purchase separately or together.

    Mitchell Zurich Marcus & Millichap

    133 N Delaware St, San Mateo, CA 94401
  • /43

    $2,048,000

    • 4 Beds
    • 4 Baths
    • 2,520 Sq Ft

    94 E 39th Ave, San Mateo, CA 94403

    94 East 39th Avenue is beautifully updated four (4) unit multifamily asset in a prime San Mateo location, ideal for investors or owner-users. Located in the quiet San Mateo Village neighborhood just five (5) blocks from Hillsdale Shopping Center, the property features four spacious 1-Bedroom/1-Bath units (~630 sqft), all tastefully renovated with quartz countertops, updated appliances, modern

    Nathan Gustavson Compass

    94 E 39th Ave, San Mateo, CA 94403
  • /8

    $2,899,000

    • 6 Beds
    • 7,505 Sq Ft

    4111 Beresford St, San Mateo, CA 94403

    Fantastic investment property in ideal Peninsula location. Six large one bedroom, one bath units. New roof, exterior paint, and landscaping. Easy property to manage and lease. Great upside. Approximately 7,500 sq ft property on a 4,885 sq ft lot. Three garage spaces. Great west side San Mateo asset with easy access to Caltrain, Freeways, and SamTrans. Separate PG&E and water meters.

    Jonathan Britton Britton & Company, W.J.

    4111 Beresford St, San Mateo, CA 94403
  • /4

    $2,298,000

    • 4 Beds
    • 3 Baths
    • 3,724 Sq Ft

    6 Avila Rd, San Mateo, CA 94402

    Location!...Location!...Location! This 3 unit building is located in the beautiful Aragon district of San Mateo. Each unit has a remodeled kitchen, a living room and formal dining room. The lower unit (Unit 1) is 2 bedrooms with exposed hardwood floors and remodeled bathroom. This was the owner's unit until last year. The upper units have wall to wall carpeting. Unit 2 has a remodeled

    Suzan J. Gogol Coldwell Banker Realty

    6 Avila Rd, San Mateo, CA 94402
  • /40

    $1,950,000

    • 2 Beds
    • 4 Baths
    • 2,410 Sq Ft

    315 Grand Blvd, San Mateo, CA 94401

    Rare turnkey tutor style fourplex situated on a large 7,591 SqFt lot in one of the Bay Area's most coveted submarkets. Opportunity for owner-occupancy with up to 80% LTV conventional financing. Low cost alternative to a single family home. Three studio units and one 2-bed/1-bath unit. Two vacant fully remodeled units - a rear cottage studio and a 2-Bed/1-Bath flat - both with in-unit laundry.

    Ismael Benhamida Compass

    315 Grand Blvd, San Mateo, CA 94401
  • /40

    $2,495,000

    • 5 Beds
    • 4 Baths
    • 3,790 Sq Ft

    1401 Woodberry Ave, San Mateo, CA 94403

    A rare and exceptional opportunity to get two properties on one lot. 1401 Woodberry Avenue is a two-bedroom, two-bath home with spacious yard and two- car garage. Enjoy the outdoor space and manicured yard year-round. 3400 Glendora is a three- bedroom, two- bath home with a sun-filled patio and spacious living room. Enjoy easy access to Laurelwood Shopping Center, parks and open space - all just

    Daniel Lyons KW Advisors

    1401 Woodberry Ave, San Mateo, CA 94403
  • /51

    $2,588,888

    • 6 Beds
    • 6 Baths
    • 4,840 Sq Ft

    2005 Parrott Dr, San Mateo, CA 94402

    Fantastic 3-unit residential income property located directly across from the vibrant Crystal Springs Village shopping center in the desirable Baywood Park area. Just 1/3 of a mile from Highway 92, this location offers quick & easy freeway access for commuters. Each unit benefits from proximity to top-rated schools, making it an appealing option for tenants w/ families. Additionally, you're just

    Stanley Lo Green Banker Realty

    2005 Parrott Dr, San Mateo, CA 94402
  • /10

    $2,188,000

    • 4 Beds
    • 3 Baths
    • 3,880 Sq Ft

    320 Villa Terrace, San Mateo, CA 94401

    Welcome to 320 Villa Terrace, a rare opportunity to own a historic 1907 triplex with a bonus studio in the heart of San Mateo. This beautifully maintained property offers 3,880 sqft of living space on a 7,500 sqft lot. It includes two 1BD/1BA units, one 2BD/1BA unit, and a non-conforming basement studio ideal for added rental income or flexible use. Unit #1 features a bright living room, two

    OWN Real Estate KW Advisors

    320 Villa Terrace, San Mateo, CA 94401
  • /36

    $1,850,000

    • 3 Beds
    • 2 Baths
    • 2,728 Sq Ft

    112 42nd Ave Unit W, San Mateo, CA 94403

    PRICE REDUCTION $50,000! 112-114 W 42nd is a large, well-maintained duplex on the southern border of San Mateo and Belmont. Built in 1947, the 2,728 square foot property sits on a 5,200 square foot lot has a two car garage. The reinforced lower level could add 1,395 square feet of space for an additional ADU.

    Regan Cherrington KW Advisors

    112 42nd Ave Unit W, San Mateo, CA 94403
  • /17

    $1,698,000

    • 5 Beds
    • 2 Baths
    • 2,324 Sq Ft

    1401 Cary Ave, San Mateo, CA 94401

    1401-1403 Cary Avenue in San Mateo is a well-maintained duplex situated on a spacious 5,479 SF lot, offering an excellent investment or owner-occupant opportunity. Built in 1950, the property features two updated units: a vacant 3-bedroom, 1-bathroom unit and an occupied 2-bedroom, 1-bathroom unit generating $3,300 per month in rental income. Both units have been thoughtfully upgraded with modern

    Sam Runco Marcus & Millichap

    1401 Cary Ave, San Mateo, CA 94401
  • /2

    $1,600,000

    • 4 Beds
    • 2 Baths
    • 2,042 Sq Ft

    127 N Delaware St, San Mateo, CA 94401

    Marketing Package and additional information available upon request. 127 & 133 N Delaware Street consists of two adjoining duplexes that are available for purchase separately or together.

    Mitchell Zurich Marcus & Millichap

    127 N Delaware St, San Mateo, CA 94401
  • /30

    $13,950,000

    • 3 Beds
    • 3 Baths
    • 21,345 Sq Ft

    710 Laurel Ave, San Mateo, CA 94401

    Jacob Anthony MJA Equity Investments, Inc.

    710 Laurel Ave, San Mateo, CA 94401

Why Live in San Mateo

San Mateo's Central Park stands as a cultural centerpiece, featuring a Japanese Garden designed by Nagao Sakurai of the Imperial Palace of Tokyo, complete with a granite pagoda, tea house, and koi pond. The city's culinary scene includes standout restaurants like Pausa Bar & Cookery, known for wood-fired pizzas and locally sourced Italian cuisine, and Palette Tea Garden's exceptional dim sum. Outdoor recreation thrives at Coyote Point Recreation Area, where residents enjoy San Francisco Bay views, CuriOdyssey science museum, and hiking trails.

The San Mateo housing market encompasses diverse options across distinct neighborhoods. The median single-family home price in San Mateo Park reaches $3,725,000, while Downtown San Mateo's median single-family price sits at $1,600,000. Edgewater Isle features condos with median prices of $715,000 for one bedroom units and $914,000 for two bedrooms. The citywide median sale price is $1,690,000.

San Mateo's property tax rate of 0.61% matches neighboring Burlingame and Redwood City, while remaining lower than San Francisco's 0.68%. The city connects to major employment centers via three Caltrain stations, providing direct access to San Francisco and Silicon Valley. Top-rated public schools include San Mateo High School and Aragon High School, both rated A+ by Niche. Private education options feature the A+ rated Crystal Springs Uplands School and The Nueva School. The Mediterranean climate maintains temperatures between the mid-50s and mid-70s Fahrenheit year-round, with morning fog during summer months.

Home Trends in San Mateo, CA

Housing Trends

Median Sale Price
$1,650,000
Median Single Family Sale Price
$2,022,000
Median Townhouse Sale Price
$1,512,500
Median 2 Bedroom Sale Price
$870,000
Median 1 Bedroom Sale Price
$558,000
Average Price Per Sq Ft
$1,051
Number of Homes for Sale
118
Last 12 months Home Sales
823
Months of Supply
1.70
Median List Price
$1,598,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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