San Luis Obispo County CA Multifamily Homes & Duplexes for Sale

Welcome to 440 Solar Way – A Fantastic Opportunity in Pismo Beach. Here’s your chance to own a rare duplex in the heart of Pismo Beach, offering two spacious units, each with three bedrooms, two bathrooms and 1292 Sqft. Whether you’re looking for a smart investment, multi-generational living, or a coastal getaway with income potential, this property checks all the boxes. Both units offer high

Kelly Wood Stable Properties

This amazing 4-plex has a great location & ALL separate individual free-standing homes: (1)3BR,+ office, 2.5 bath, & (3)- 2BR, 1.5 bath homes. See photos & read the description of each home including sq ft. Total 9 BRs, 5 full baths, & 4: 1/2 baths. Each home is unique and has a Single garage-either attached or detached, central air, FAU gas heat, 3 units were built in 2006 and the Yellow

Mary Arnold Mary Arnold, Real Estate Broker

Great investment opportunity with steady income in the charming town of Templeton close to schools, parks and wine tasting! This charming Triplex boasts Two units with 2 bedrooms, 2 bathrooms each, and One unit with 1 bedroom + loft and 1 + 3/4 bathrooms. All three have their own private garage and laundry hook ups - located on a quiet culdesac.

Gwen Severson RE/MAX Success

Built in 2008, the property shines with pride of ownership--from the sharp curb appeal and newer exterior paint to the solid roof and updated HVAC units. First impressions matter, and this one delivers--whether you're an investor touring the site or a prospective tenant pulling up for the first time. Inside, the units continue to impress with upgraded finishes like custom wood cabinetry, modern

Craig Lieberman Apartment Investment Specialis

HONEY, STOP THE CAR!It’s all about location—and this is a truly rare opportunity to own a piece of classic Pismo Beach!This mixed-use property offers a prime spot right on Price Street, with long-term tenants already in place. At the front, you'll find a charming barber shop, a beloved local fixture for years. The shop includes a back area, ideal for storage, an office, or a

Lee Anne Fisher Compass

Great investment opportunity in the heights of Morro Bay! This Spanish-style five-unit apartment complex offers incredible potential, featuring one 2-bedroom unit, one studio, and three 1-bedroom apartments. Original hardwood flooring runs through all living rooms, and apartments 1 and 2 offer views of Morro Rock. The front lot, which includes the building, is 13,733 sq. ft., while the rear lot

Natalie Boudreau White BHGRE HAVEN PROPERTIES

Live in the Heart of Cambria’s West Village!This unique 2-bedroom, 2-bath apartment sits above a Tudor-style storefront in one of Cambria’s most desirable and walkable neighborhoods. Accessed via a shared back breezeway, the residence offers a spacious layout with updated bathrooms featuring natural stone tile and walk-in showers. The guest bath is complete with new vanity, sink, and toilet,

Leslie Dougherty, Broker/Owner Central Coast Sotheby’s International Realty

Offering Mission Cottages - A 100% occupied 12-unit multifamily complex with opportunity for stabilized rent growth. Average Rents for one-bedroom units are $1,866.36/month. Desirable mix of 11 one-bedroom one-bath units and 1 two-bedroom one-bath single-family residence home. Current cap rate above 5% and with some value add, investors can stabilize above a 6% cap rate. All units are fully

Abel Contreras Invest SLO

Don’t miss this fantastic opportunity to own a well-maintained Westside duplex in Paso Robles. Both units are currently leased. The duplex offers a total of approximately 1,129 +/- square feet, with both units featuring identical layouts in a mirrored configuration. Each unit includes 1 bedroom with a walk-in closet, 1 full bathroom, a spacious living area, kitchen, and an eat-in dining space.

Mark Hazell Home & Ranch Sotheby's Intl

Welcome to Morro Bay where you can still invest and have the numbers make sense. This complex has developed into a very solid, income producing property with EXCELLENT tenants. It is very quiet, no drama, and most of the tenants have been there for years. There was great care in the placement of each tenant over time, and the complex is now a wonderful place to live, and an even more wonderful

Ginger Woods Paramount Properties

Charming triplex located in the heart of downtown Paso Robles! This well-maintained property features a cozy, clean main home, along with two separate 2- bedroom apartments that are attached but not connected to the house. The main home faces Pine Street, while the two apartments face the rear alley, offering private entrances and parking. All units are in excellent condition, with numerous

Jordan Traub RE/MAX Success

Charming Multi-Unit Investment Opportunity in Atascadero! This unique property features two buildings with a total of four units, offering excellent rental potential. Both building consists of two units all nestled beneath the shade of stunning oak trees. The main home is a spacious 2-bedroom, 2-bath residence filled with natural light thanks to its many windows. A welcoming entryway leads into a

Lindsey Harn Christie's International Real Estate Sereno

First time ever on the sales market !This income property has been owned by the same family for decades. This large well maintained four plex is ideally located near Cal Poly (two blocks away).Each of the four two story units includes three bedrooms and two baths. Each unit is approximately 1318 square feet (larger than some homes). Upstairs features include a

Matt Gullage Irish Hills Realty Inc

Shell Beach Portfolio!Discover a rare chance to acquire four apartment complexes totaling 26 units in the highly sought-after Shell Beach neighborhood of Pismo Beach. Perfect for investors or those craving a coastal lifestyle, this property shines with opportunity. Ideally located just steps from the Pacific Ocean and Spyglass Park, this portfolio offers unmatched access to the Central

Shawna Weyrich RE/MAX Parkside Real Estate

Shell Beach Coastal Retreat! Premier 4-unit apartment complex in the desirable Shell Beach area of Pismo Beach. Perfectly situated just steps from the Pacific Ocean and Spyglass Park, this property offers unparalleled access to the Central Coast’s finest amenities—pristine beaches, surfing, hiking and biking trails, boutique shopping, acclaimed restaurants, and renowned wineries. Each of the

Shawna Weyrich RE/MAX Parkside Real Estate

Premier Shell Beach Complex! Own a remarkable 12-Unit Apartment Complex in the desirable Shell Beach area of Pismo Beach. Perfectly situated just steps from the Pacific Ocean and Spyglass Park, this property offers unparalleled access to the Central Coast’s finest amenities—pristine beaches, surfing, hiking and biking trails, boutique shopping, acclaimed restaurants, and renowned wineries. Each

Shawna Weyrich RE/MAX Parkside Real Estate

Shell Beach Coastal Gem! Extraordinary 5-unit apartment complex in desirable Shell Beach. This property offers a prime investment opportunity or coastal retreat, blending income potential with Central Coast charm. Each of the five spacious units features 2 bedrooms and 2 bathrooms, complete with a well-appointed kitchen, comfortable living room, and private patios or balconies, some with

Shawna Weyrich RE/MAX Parkside Real Estate

Rare Shell Beach Investment Opportunity!Exceptional 5-unit apartment complex in the heart of Shell Beach area of Pismo Beach, steps from the Pacific Ocean and Spyglass Park. Each of the five spacious units features 2 bedrooms and 2 bathrooms, complete with a well-appointed kitchen, comfortable living room, and private patios and/or balconies, all with breathtaking ocean views. Select units

Shawna Weyrich RE/MAX Parkside Real Estate

Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking

Jeff Landon Keller Williams Realty Central Coast

Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location.Located within

Jeff Landon Keller Williams Realty Central Coast

1636/1638 Duplex-Amazing Location! Opportunities like this don't come around very often! 2 TRANSFERABLE SHORT-TERM RENTAL PERMITS in a highly sought after location only a few walking blocks from the downtown square and market walk. In its current configured use, the property is also allowed by current codes to build 2 additional ADU’s in the rear. Located in the T3-F (and Opportunity) zones,

Jennifer Harris AARE

Old-town SLO Railroad-Area triplex, near Upham Street and Railroad Square. Property parcel includes 1895 charming 3 brm, 2 bath home (one with clawfoot tub), renovated kitchen with generous storage, dishwasher, washer/dryer hookups, gracious front porch and back deck, and fully fenced front yard with Meyer lemon and orange trees. Rear of parcel has 1950’s era duplex, including two 1-bedroom 1

Dawna Davies Davies Co. Real Estate

Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In

Anthony Aurignac Venture Real Estate

Located in the heart of Paso Robles, these two homes are a highly profitable licensed vacation rental property with a transferrable license! Last year this property generated significant income – call for report. This historic home has been extensively remodeled and is very close to downtown Paso Robles with its restaurants, wineries and boutiques. The property is on the same street that runs

Wayne Lewis RE/MAX Success

217 E Tefft offers a fantastic opportunity for multi-family living or investment in Nipomo. This property features two spacious single-story homes. The main residence, built in 1949, is a 3-bedroom, 2-bath with 1,483 sq. ft., filled with natural light, newer windows, a cozy fireplace, and fresh stucco and paint inside and out. The second home, built in 1990, is 1,295 sq. ft. with 3 bedrooms, 2

Cristina Nunez CHAMPION Real Estate

Large R-2 Residential Multifamily lot- 180 x 107 / 19,440 sq.ft. with approved plans for a 4-unit Apartment Complex/Condo project "READY TO BUILD!"- Comes with an existing 575 sf Commercial Office building that is currently rented out for $ 1,500.00 per month. Buyer to pay final SLO County Permit Fee's!

Leon Van Beurden Bay Osos Brokers

Welcome to this amazing location in Pismo Beach for a 7-unit apartment building 1/2 block to the boardwalk in Downtown Pismo Beach. One 3 bedroom/2 bath unit, five 2 bedroom/1 bath units and one 1 bedroom. Two of the 2 bedroom/1 bath units have been renovated in 2024. Covered on site private parking with gated entry. On site laundry room, currently coin operated.

Aaron Graves EverlyGrove

In the heart of Morro Bay, this exceptional legacy mixed-use property spans three legal APNs/Lots and offers a rare investment opportunity. The property includes a 975-square-foot single-family home at 753 Piney Way, a commercial retail building, and a 1,676-square-foot restaurant. The retail building, located at the corner of Morro Bay Blvd and Piney Way, houses three commercial units: 775 Piney

Chris Bath Coast Realty

RARE OPPORTUNITY TO PURCHASE THIS LEGACY PROPERTY. IT IS A 7 UNIT MULTI FAMILY COMPLEX, ONE BLOCK FROM THE BEACH, IN THE DOWNTOWN CORE OF PISMO BEACH. THER ARE 3 STAND ALONE UNITS, A DUPLEX, AND 2 UNITS AT REAR OF THE PROPERTY. THERE ARE 4 GARAGES THAT ARE RENTED OUT AS WELL. RENTS ARE BELOW MARKET, BUT HUGE UPSIDE POTENTIAL, WITH THE CITY ALLOWING UP TO 4 SHORT TERM RENTAL LICENSES FOR THE

James Kelsey Century 21 Masters-Arroyo Grande

This property is a duplex (Both units 2 bedrooms). Coastal Living with opportunity for Cash Flow. One block away from the beach! On world famous Hwy 1. Plenty of private parking, 3 car garage, and RV parking. Many upgrades including roof, exterior paint, jetted tub and sauna. Property is on large lot between county park and Pismo State Beach. 100 yards from Oceano Lagoons, the #1 Birding trail on

Brenda Auer Auer Real Estate Inc.

Rare Arroyo Grande 1/2+ Acre in town! This large lot has a 2 bedroom home including 4 rentals. All units have been recently renovated. Age and square footage of units is unknown. Storage unit and two car garage. Back of lot is open with a large avocado and fig tree. Possibility of building new homes with ADU'S. Enjoy income while building with City approval. 5 electric meters and 6 gas meters on

Brenda Auer Auer Real Estate Inc.

This brand-new duplex, located just one mile from Cal Poly, offers a rare opportunity for comfortable living in a prime location. Each thoughtfully designed unit features 3 bedrooms and 2 modern bathrooms, ideal for a variety of living arrangements. Inside, you'll find elegant shaker-style cabinetry, sleek quartz countertops, and brand-new stainless steel Samsung appliances, creating a

Nathaniel Coyne BHGRE HAVEN PROPERTIES

Marketing Remarks: great location just a little over a block from the ocean! this could be the coolest property in downtown Pismo. one car garage on the street to store your toys, with 5 residential units. the unit mix is a 1 bed, 3 small studios, and one larger 2nd story studio with a balcony facing the ocean, perfect for an owner user. there is also a large private community patio to chillax

Robert Lee California Property Services