$1,745,000
- 6 Beds
- 5 Baths
- 3,066 Sq Ft
685 Kings Ave, Morro Bay, CA 93442
685 Kings Ave, Morro Bay, CA 93442
3
Morro Bay, CA Multifamily Homes & Duplexes for Sale
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-
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$1,900,000
- 2 Beds
- 2.5 Baths
- 975 Sq Ft
660 Morro Bay Blvd, Morro Bay, CA 93442
660 Morro Bay Blvd, Morro Bay, CA 93442
About Morro Bay
About 15 miles from San Luis Obispo on California’s Central Coast, Morro Bay is a seaside fishing village named for its own estuary and famous for its stunning coastal landscape. The huge Morro Rock, part of a volcanic chain of peaks and hills known as the "Nine Sisters," rises from the Pacific Ocean beside a sandy beach and the sleepy downtown harbor. “People come from all over the world to vacation here because there are drop-dead gorgeous views everywhere you look,” says Morro Bay resident Kathleen Scruton, a Realtor with REeBroker Group. “I ...
Home Trends in Morro Bay, CA
On average, homes in Morro Bay, CA sell after 53 days on the market compared to the national average of 47 days. The average sale price for homes in Morro Bay, CA over the last 12 months is $1,085,765, up 7% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$925,000
Median Single Family Price
$1,030,000
Median Townhouse Price
$800,000
Median 2 Bedroom Price
$800,000
Median 1 Bedroom Price
$635,000
Average Price Per Sq Ft
$756
Number of Homes for Sale
43
Last 12 months Home Sales
233
Months of Supply
2.20
Median List Price
$999,000
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
0%
In Morro Bay, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,745,000 to $2,400,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Morro Bay is $999,000, while the average sale price is $1,085,765, offering insights into the local housing market. On average, multi-family homes spend 53 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 Morro Bay, CA.
Morro Bay Types of Homes for Sale
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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