Browse All Alameda CA Multi-Family Properties for Sale

Ideally located in Central Alameda, this side-by-side split level duplex offers an excellent opportunity for both investors and owner-occupants. Each unit features 1 bedroom, 1 bathroom, and its own attached one-car garage, providing added privacy, convenience, and parking. The electrical systems have been upgraded with a new electrical panel. Fire place in living room. The front yard features an automatic sprinkler system for easy maintenance, while the backyard offers versatile space for relaxing, gardening, or additional storage. Conveniently situated near the popular Park Street business district, with its shopping, dining, and neighborhood amenities, this duplex combines practical living with a desirable Alameda location. A great opportunity to own a versatile property with appealing possibilities.

2069 Lincoln Ave., Alameda

Listing courtesy of T. Moon Tam from Lindsey Properties, Inc. 510-593-4280

$1,497,000

41151537 MLS

Four generously sized one-bedroom apartments. Strong rental income. Classic Mediterranean style. Built in 1939, 1525 Chestnut makes a strong first impression with its tile roof, arched entry, and landscaped front lawn. Inside, four generously sized one-bedroom apartments offer formal dining rooms, plenty of closet space, and random-plank hardwood floors. Spacious rooms and period details give each home character and warmth. The property generates strong rental income. With one unit vacant, you can welcome a new resident or explore owner-occupancy while the other three units continue producing income. It’s an opportunity to grow your portfolio or make Alameda home with rental income already in place. The added bonuses: four garages, separate utility meters, on-site coin-operated laundry, and basement storage. The courtyard provides outdoor space for residents to enjoy. Location, location, location. Park Street is a short walk away, putting neighborhood restaurants, shopping, and everyday stops close to home. Alameda’s shoreline offers another reason to enjoy island living. Nearby bus lines and access to ferry service, BART, major commuter routes, and Oakland International Airport keep the rest of the Bay Area within reach. Generous living space. Strong income. Four doors in a place people love to call home.

1525 Chestnut St, Alameda

Listing courtesy of Jose Cerda-Zein from Cerda-Zein Real Estate. 510-523-5673

$1,375,000

41151500 MLS

Excellent opportunity to own a four-unit income property in a desirable Alameda location with convenient access to public transportation, local shops, restaurants, and neighborhood amenities. The property features a large yard and on-site coin-operated laundry, offering additional convenience for residents. With four separate units, this property presents an appealing opportunity for investors looking to expand their portfolio and capitalize on Alameda’s established rental market. A versatile multi-unit property in a great location with long-term investment potential.

1620 Santa Clara Ave, Alameda

Listing courtesy of Karin Ingeman-Fox from Compass. 510-910-0388

$1,400,000

41151280 MLS

Two buildings with 2 units each. Original Victorian at 1524 Encinal Avenue was built in 1890. It was constructed by the prominent architect and builder A.W. Pattiani and Company as a speculative home for investor Henry Mohns, converted later to 2 units. A second building was later added to the property, adding an additional 2 units. Pictures of units B,C and D were taken prior to tenants’ occupancy.

1524 Encinal Ave, Alameda

Listing courtesy of John Parten from Preferred Properties of CA. 510-410-6131

$1,297,000

41149518 MLS

3315 Central Ave is a rare East End compound with the space, separation, and flexibility that almost never come together in one Alameda property. Behind its classic street presence sits a true two-home setup: a 2-bedroom, 1.5-bath split-level main residence, a detached 1-bedroom, 1-bath rear home, a private courtyard, garage, and additional flexible space in both homes. The main residence is defined by warmth and architectural character, with hardwood floors, exposed-beam ceilings, a brick fireplace, and light-filled living and dining rooms that flow naturally from one to the next. The detached rear home is where this property becomes something more. It gives extended family their own space. It gives guests privacy. It gives you the freedom to create a private office, studio, gym, retreat, or a place to decompress at the end of the day. Both homes also offer separate utility space, giving this compound a level of everyday functionality that is rare in the East End. Room for the gear, the work, the hobbies, the family, and the life that does not fit neatly inside a typical floor plan. Set in Alameda’s coveted East End, wander its tree-lined streets, grab coffee or dinner on Park Street, and take in the shoreline just minutes from your door. Ferry access, freeways, BART, AC Transit, and Oakland International keep the entire Bay Area within easy reach. Not just two homes on one lot. A complete East End compound, built around how you want to live.

3315 Central Ave, Alameda

Listing courtesy of Jose Cerda-Zein from Cerda-Zein Real Estate. 510-523-5673

$1,175,000

41149428 MLS

Welcome to 2138 Pacific Avenue, a charming Victorian duplex in one of Alameda's most sought-after locations. Each level offers its own 3-bedroom, 2-bath residence, making this a flexible opportunity for owner-occupants and investors alike. Live in one unit and rent the other, house extended family, or add a well-located income property to your portfolio. Outside, the expansive level garden is a rare find, featuring mature fruit trees, room to relax and entertain, and two storage sheds for tools, bikes, and seasonal gear. Off-street tandem parking along the side of the home adds everyday convenience, with additional parking in front of the duplex. You're moments from McKinley Park and its playground, and just a few blocks from the shops, cafés, and restaurants of Park Street. Victorian character, generous space, and an unbeatable Alameda address. Offered at $1,175,000.

2138 Pacific Ave, Alameda

Listing courtesy of Debbi DiMaggio Betta from Corcoran Icon Properties. 510-414-6777

$998,000

ML82061755 MLS

Welcome to 843 Santa Clara Avenue, a distinctive Victorian duplex offering two separate residences in the heart of Alameda. The lower-level unit features 2 bedrooms plus a bonus room, 1 bath, laminate flooring, an updated kitchen with tile flooring, cabinetry and butcher block countertops, and a dedicated laundry room. The expansive upper residence features a formal entry, soaring ceilings, picturesque windows, two generously sized bedrooms, an updated bath, and an updated kitchen with newer cabinetry and butcher block countertops. Beautiful original Victorian details, including stained glass, add character and charm throughout. A recently manicured backyard and storage shed provide inviting outdoor space and added utility. With separate living spaces and versatile floor plans, the property offers options for owner occupancy with rental income, multigenerational living, or investment. Conveniently located near Alamedas historic neighborhoods, shopping, dining, parks, and everyday amenities.

843 Santa Clara Avenue, Alameda

Listing courtesy of from KW Advisors. 650-888-0153

$1,499,999

41145751 MLS

2000 Clinton Avenue presents an opportunity to own a rare waterfront property in Alameda's coveted Bronze Coast, combining historic character, flexible living options, and compelling income potential. Situated on an 8,750-SF waterfront corner lot at the end of a quiet cul-de-sac, the property features a historic Craftsman triplex designed in 1905 by renowned architect John Leonard, plus a detached waterfront cottage directly on Alameda's iconic lagoon. The vacant 2-bedroom/2-bathroom owner's flat creates an ideal starter-home or owner-user opportunity, allowing a buyer to enjoy waterfront living while income from the two long-term studio tenants helps subsidize the mortgage. The detached waterfront cottage will also be delivered vacant and features a kitchenette, full bathroom, and skylights, presenting a unique opportunity for potential Airbnb/VRBO income, guest accommodations, a home office, or creative studio (Buyer to Verify permitted uses). The property offers strong investment fundamentals with a 6.81% current cap rate and upside to a 7.38% pro-forma cap rate through below-market studio rents. Major capital improvements include a 2021 exterior renovation, 1997 seismic retrofit, and newer 30-year roof. Listed on the City of Alameda Historic Register and recipient of the 2022 Alameda Architectural Preservation Society Award, the property offers unobstructed lagoon views and is just a half mile from Park Street, South Shore Center, and Alameda Beach. Whether utilized as an owner-occupied income property, turn-key investment, multi-generational residence, or potential single-family conversion, 2000 Clinton Avenue offers a unique opportunity to own an income-producing waterfront asset in one of Alameda's most desirable neighborhoods.

2000 Clinton Ave, Alameda

Listing courtesy of GianLuca Jacoli from Shield CRE, Inc.. 510-708-2662

$1,649,000

41145307 MLS

3125 Fernside Blvd Well maintained East End Home. Two bedrooms, two baths, with hardwood and tile flooring, dining area. Washer and dryer in house. Two car attached garage and yard This house is tenant occupied and must be sold with adjoining parcel #069-0130-213-00, Duplex 3129-3131 Fernside Blvd. Sewer Lateral compliant and Earthquake Shut Off Valve is installed. 3129-3131 Well maintained East End Duplex. Units are one bedroom with one bath, hardwood and tile flooring, separate yards, attached garage with one space parking for each unit. Each unit also has a storage closet in the garage. There is a coin operated washer ad dryer for these units. Units are separately metered. Sewer Lateral compliant and Earthquake Shut Off Valves are installed. Must be Sold with 3125 Fernside parcel # 069-0130-214-00 One owner is license California Real Estate agent.

3125,3129,3131 Fernside Blvd, Alameda

Listing courtesy of John Parten from Preferred Properties of CA. 510-410-6131

$1,599,000

41145308 MLS

Rarely on the market! A wonderful fourplex configured as two duplexes on a large lot. Great opportunity for investor, multi-family residence or owner occupant. Conveniently located on a quiet street and very close to all amenities, including restaurants, movie theater, pubs, ice cream parlors, beach, premium South Shore shopping. Walker's paradise (Walk score of 93), Bike score of 75-78. Mostly flat terrain in Alameda. Fantastic location!

2305 San Jose Ave, Alameda

Listing courtesy of Kyle Chuah from Platinum Realty & Invstmnts. 510-502-2288

$1,550,000

ML82047983 MLS

This turnkey 4-unit property offers 3,247 square feet of living space, in a well-established community in the heart of Alameda on charming tree-lined Central Ave. Residents enjoy easy access to a variety of retail and restaurants. Walk to Franklin Park. Ideally located near highway 880, bus lines, and ferry for easy commute. Steady rental demand and stability for investors and future appreciation potential. Back of the building features a shared garden area and one assigned parking space for each unit. The property is part of the highly desirable Alameda Unified School District. Bike Score 84 and Walk Score 81. This presents a rare opportunity to own a multi-unit property in one of the most desireable neighborhoods in the Easty Bay.

1405 Central Avenue, Alameda

Listing courtesy of Pierre Malak from Realty One Group Infinity. 408-807-3409

$2,000,000

ML82046009 MLS

Welcome to 1833Clinton Avenue, an award winning single family home and a 4-unit apartment building (5 Units Total) located in Alamedas historic Leonardville district. Built in 1891 by renowned builder Joseph A. Leonard, this Queen Anne Victorian exemplifies the craftsmanship and architectural charm that define the neighborhood. The residences has been thoughtfully preserved and restored, retaining original architectural details like woodwork, coffered ceilings, art glass windows, and finely crafted trim. Beginning in 2009, longtime preservationist and former president of the Alameda Victorian Preservation Society, Jim Smallman, undertook an extensive restoration of the property. His work included carefully removing the original stucco by hand and full foundation replacement, returning both homes to their original Victorian character. His exceptional craftsmanship and dedication were recognized with Alameda Architectural Preservation Society (AAPS) Preservation Awards in 2011. The Single Family Home is four-Bedroom/two-Bathroom. The fourplex features all two-bedroom, one-bathroom units, each with off-street parking.

1833 Clinton Avenue, Alameda

Listing courtesy of Sam Runco from Marcus & Millichap. 650-759-3414

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Bay East © 2026. CCAR © 2026. BridgeMLS © 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on:

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