Santa Barbara, CA Multifamily Homes & Duplexes for Sale

Exceptional multifamily investment in the heart of Santa Barbara. This grand 4-unit property offers a desirable mix of single-level and two-story townhouse-style units, each with 3 bedrooms, 2 bathrooms, a fireplace, and carport parking. Ideally located near the Santa Barbara Bowl and Milpas Street's vibrant shops and restaurants, plus close to downtown Santa Barbara. The property has high tenant

Kevin Goodwin Goodwin & Thyne Properties

Sunlit compound with panoramic views of the Santa Barbara Mission, harbor, Pacific Ocean, and Channel Islands. Set across three parcels, this exceptional property features two detached, single-level Mid-Century homes, each designed to capture the drama of the south-facing vista through walls of glass and clean architectural lines.949 Cheltenham offers 3BD/2BA (1,708 SF) of light-filled

Robert Heckes Sotheby's International Realty

Nestled in the heart of downtown Santa Barbara, Casa Valerio blends classic charm with modern sophistication. This extensively remodeled mixed-use property offers both residential comfort and exceptional investment potential. The second-floor residence spans +/-1,406 square feet and features 3 bedrooms, 2 bathrooms, a two-car garage, and two private decks, perfect for enjoying Santa Barbara's

Steve Epstein Keller Williams Realty Santa Barbara

In August 2025, the Seller made thoughtful cosmetic upgrades including refinishing the original hardwood floors, fresh interior paint, and updated landscaping.Situated on a sunny corner parcel in Santa Barbara's vibrant Eastside neighborhood, 302 N Soledad Street presents a rare opportunity for both owner-users and investors. Built in the early 1930s, this charming property sits on a ±6,098

Aneta Jensen Radius Group Commercial R.E.

Well-maintained and lovingly cared for San Roque duplex which has been owned by the same family for over 48 years. This turnkey property consists of two 952 square foot 2BD/1.5BA townhomes making it an ideal opportunity for an owner-occupant, a dual family purchase, or for an investor looking for quality units. Each unit offers panoramic mountain views, newer appliances, private rear patios,

Christos Celmayster Hayes Commercial Group

Existing triplex plus approved, permitted and shovel ready for 5 additional rental units. Permits and working plans in hand, land cleared and compacted. In the heart of Downtown Santa Barbara's own Golden Quadrangle, just 2 or 3 blocks to Restaurant Row, Arlington & Granada, Courthouse, County Administration, Public Library & Art Museum, University Club, Alameda Park.Final configuration

Morton B Maizlish Maizlish Realtors Inc.

Prime downtown investment opportunity! This Andalusian-style duplex built in 2012 by the owner/architect, offers modern construction in an unbeatable location with a high walk score and ready access to 101 and public transportation. Each residence features 3 bedrooms, 3 full bathrooms, in-unit laundry, a private large rooftop terrace with city and mountain views, private patios,

Dan Crawford Berkshire Hathaway HomeServices California Properties

Opportunity to Own a Prime SB Multi-Family Asset w/ Major Upgrades & Future Value-Add Potential. 15 W. Islay St. features a 1920s duplex w/ (2) 1BD/1BA units & a 1963 triplex w/ (1) 2BD/1BA + (2) 1BD/1BA units, w/ upstairs tenants enjoying a shared balcony. Ideally located between Downtown & Upper State, residents benefit from easy freeway access & nearby shopping, dining & entertainment.

Steve Golis Radius Group Commercial R.E.

This rare duplex in the Peabody School District offers two spacious 3BD/2BA condos of about 1,700 sq ft each, with mountain views, private outdoor space and dedicated laundry. Unit A is a ground floor, single level unit with a private courtyard, bright kitchen with stainless steel appliances, large living room with fireplace and a generous primary suite. Unit B is the upstairs residence filled

Bartron Real Est Group Berkshire Hathaway HomeServices California Properties

Modern townhome located on a tree lined street in Hope school district. This home features an inviting living room with recessed lighting, a separate dining area, a remodeled kitchen with stainless steel appliances, a ground floor primary bedroom and bath, two spacious bedroom and a remodeled bath upstairs. Indoor laundry and a covered parking space. Private brick patio with a garden. Close to

Jeani Burke Coldwell Banker Realty

Ultra-rare waterfront-area 8-unit multi-family offering just a few steps to Santa Barbara's best beach East Beach, has been recently re-positioned for much higher investor returns. The property now has an investor-friendly 6 of 8 units under landlord control, almost impossible to find today. Featuring all 2-BR units, the property has been transformed mainly to licensed shorter-term rentals in

Ken Switzer Berkshire Hathaway HomeServices California Properties

Welcome to Arroyo House, a fully remodeled, turn-key investment property on a massive lot in Santa Barbara's highly sought-after Mesa community. Currently operating as premium student housing, Arroyo House serves students from SBCC, UCSB, and Westmont College. This exceptional property features 10 fully furnished rooms with 26 total beds, configured as (3) doubles, (5) triples, (1) quad,

Steve Golis Radius Group Commercial R.E.

Set in the tranquil beauty of Sycamore Canyon, this exceptional property offers a rare balance of elegance, comfort, and versatility. Boasting over 4,000 square feet of living space across the main home and a detached guest casita, 1378 Sycamore Canyon Rd has been beautifully upgraded with designer finishes and all new systems. This unique property lives either as a spacious 4 bedroom, 4 bath

Annette Vait Berkshire Hathaway HomeServices California Properties

Rare newer-construction mixed-use property in downtown Santa Barbara, uniquely suited for any combination of residential owner-occupant(s) / family compound / commercial owner-user / long-term investment hold. All separately metered, the 3 residential units at the back were built brand-new in 2015, and the 4th commercial unit in front was completely renovated in 2015. The residential mix is 2

Ken Switzer Berkshire Hathaway HomeServices California Properties

Situated on over half an acre in the heart of Santa Barbara, 1030/1032 E Mason presents a rare + versatile investment opportunity featuring three distinct structures: a church+ 1bedroom, 1-bath attached apt, a spacious SFR+a 6-unit apt building. 7of the 1 bd units operate as senior housing, offering a peaceful and private set-ting enhanced by lush landscaping and tall, mature palm trees. The

Steve Golis Radius Group Commercial R.E.

Boasting over 3,700 SF, this ultra charming 4 unit gem features fabulous panoramic ocean and Mesa hill views and is perfectly positioned below the iconic El Encanto Hotel in Santa Barbara's coveted Upper East/Lower Riviera. Where timeless character meets modern updates and an A plus location, this majestic property features refreshed interiors, new paint, lighting, and stylish flooring

Yolanda Van Wingerden Berkshire Hathaway HomeServices California Properties

Set above Santa Barbara with cinematic views and minutes to downtown SB, this 3BD/2.5BA Mediterranean Modern offers 2,600± sqft of upgraded living space with panoramic views of the mountains, ocean, harbor, and islands. Features include triple-pane windows, wraparound decks, Wolf kitchen, spa-like primary suite, solar + batteries, elevator, dual laundry, and more. Spacious garage with storage.

Robert Heckes Sotheby's International Realty

Charming fourplex just half a block from State Street and moments from Santa Barbara's Arts & Theatre district, Alice Keck Gardens, Alameda Park, and the bounty of shops and other services downtown has to offer. This two-story rental property features four 1BD/1BA units, each with their own deck. Additional features include two one-car garages, separate laundry room, and mature landscaping with

Christos Celmayster Hayes Commercial Group

Single story duplex that has been well maintained on a rare industrial zoned parcel. A national landscape company has over 4 years remaining on the industrial yard lease on the rear of the property. Current 2 bedroom one bath units are well below market at $1,800 and a 5.7% cap rate at the offering. Stable investment in Santa Barbara with solid returns.Contact Listing Agents for details.

Brad Frohling Radius Group Commercial R.E.

Built in 1979, this two-story duplex consistsof two 900+ SF 2BD/1BA flats (one up, onedown) and an attached two-car garage. Eachunit has its own in-unit laundry and is separatelymetered for gas and electricity. Unit A isthe ground unit and enjoys a large backyardwith lush landscaping and new ground cover.Unit B is the top unit and enjoys a large deckoff the kitchen

Christos Celmayster Hayes Commercial Group

Rare offering of this timeless Colonial-style duplex in a prime location—just one property off State Street. With over 3,000 square feet of living space, the property presents a wealth of possibilities: live in one unit and rent the other, create an ideal setup for multigenerational living, or rent both units for strong income potential. The expansive 3-car garage offers additional

Stephanie Young Berkshire Hathaway HomeServices California Properties

Beautifully remodeled duplex with large (884 sq ft) garage/workshop in a fantastic Samarkand location - close to Oak Park, Cottage Hospital, and State St. Unit mix is one 2bed/1bath & one 1bed/1bath. Each unit has it's own private yard. Enjoy vaulted ceilings, remodeled kitchen and bathrooms, all new plumbing, new HVAC w/ AC, new electrical, new dual pane windows, and so much more. Perfect option

Easton Konn Alemann and Associates

Quality & Prime Location Santa Barbara Duplex with views! Both Units are beautifully renovated, single level, 2 beds/1 1/2 baths & approx. 980 sqft each. Filled with natural light on an elevated & sunny exposure, with city views & ocean peeks. Each unit boasts open living space, dining nook, remodeled kitchen & sparkling bathrooms. Large balconies offer outdoor relaxing & entertaining space.

Jackie Walters Village Properties

Triplex!! Excellent value add opportunity in prime downtown location. Walking distance to the vibrant De La Vina corridor and Cottage Hospital. Nice unit mix (2-2 bedroom 1 bath and 1-1 bedroom 1 bath all with fireplaces). Detached 3 car garage. All units are vacant making it easy to navigate improvements and do as you wish to make this property your own.

Ben Rivera Home Realty & Investments

Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1

Robert Sandefer The Agency

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Located in the heart of downtown Santa Barbara, this multifamily investment property presents a rare opportunity, featuring a mix of newly constructed and renovated buildings. Three of the six units were built from the ground up between 2023 and 2024, while the remaining three have been extensively improved, all with market rents in place. Offered at a current 5.47% cap rate and a GRM of 12.71,

Jon Standring Beachside Partners

Exceptional Santa Barbara Bowl Investment Property -Priced to Sell! This gem offers stunning views, open floor plans, and single-story structures with an extra-large covered and open parking area. This incredible residential income property is a rare find!Welcome to this charming, one-of-a-kind investment property. The main house is approximately 880 sq. ft., featuring 3 bedrooms, 1 bathroom, and

Shelley Cole Coldwell Banker Realty

706 E Haley St is an extensively rebuilt/remodeled, 3-building, mixed property consisting of 3 commercial suites, 5 apartments & 3 1-car garage. The main building & garages were rebuilt in 2016, plus a freestanding comm. building was completed in 2023, creating a top-quality property in like-new condition. This premier property can be delivered 100% occupied with the Seller leasingback their

Christos Celmayster Hayes Commercial Group

Charming 4-unit property on a large lot with excellent rental history. Conveniently located between downtown Santa Barbara and Cottage Hospital, this colonial-style property features a large 4BD/3.5BA main home which has been separated into two units (3BD/2.5BA and 1BD/1BA, each with a fireplace), as well as a separate duplex (2 x 1BD/1BA). Both of the duplex units have fireplaces and three of

Liam Murphy Hayes Commercial Group