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Newest property idx logo Homes with 5 or More Units Property Subtype

$3,550,000

9,744 SqFt. ⋅ 326078848 MLS

Driftwood Apartments presents the opportunity to acquire a well-maintained 13-unit multifamily property in the desirable waterfront community of Benicia. The property consists of twelve two-bedroom, one-bath units and one standalone studio cottage, offering an attractive unit mix with a strong history of tenant performance and ongoing property improvements. Ownership has consistently reinvested in the property over the years, with units upgraded as they turn over and numerous improvements made to the buildings and site. Notable improvements include an engineered site drainage system, protective roof coatings on two buildings, and regular parking lot sealing and striping approximately every five to six years. The property also features mature landscaping and well-maintained common areas. Each building is equipped with a washer and dryer (owned) and a 75-gallon hot water heater. Additional property features include separately metered units, covered assigned parking, and a dedicated storage unit for each residence, providing conveniences that are attractive to tenants and help differentiate the property within the local rental market. Driftwood Apartments benefits from a stable existing tenant base, with all tenants currently paying on time and no outstanding collections or tenant balances owed. The combination of consistent ownership maintenance, upgraded units, covered parking, storage, mature landscaping, and a desirable Benicia location provides an investor with a well-positioned multifamily asset offering durable in-place income.

510 East N Street, Benicia

Listing courtesy of North Valley Real Estate Advisors.

$2,800,000

4,739 SqFt. ⋅ 226113912 MLS

5.6% ASSUMABLE LOAN! Welcome to 1928 21st Street a newly constructed, turnkey 6-unit apartment building located in the highly desirable and walkable Poverty Ridge neighborhood of Midtown Sacramento. Completed in November 2024, this fully leased investment property offers a rare opportunity to own modern multifamily real estate in a premium Sacramento location. Each of the six thoughtfully designed one-bedroom units features soaring ceilings, custom doors and windows, abundant natural light, efficient floor plans, and high-end finishes throughout. Every unit includes its own washer and dryer hookups as well as private outdoor space, with each residence offering a patio or balcony and select units featuring multiple balconies. The approximately 4,739-square-foot building generates strong, stabilized rental income totaling $16,500 per month, providing investors with an attractive income-producing asset with the benefits of newer construction and reduced near-term maintenance. Perfectly situated in historic Poverty Ridge, the property is within walking distance of light rail, Downtown Sacramento, restaurants, cafs, shopping, entertainment, and local parks. The combination of modern construction, private outdoor spaces, desirable unit amenities, strong rental income, and an exceptional central location makes 1928 21st Street a standout investment opportunity. Whether you're expanding an existing multifamily portfolio or seeking a low-maintenance, high-performing Sacramento asset, 1928 21st Street offers an exceptional combination of location, quality, and income.

1928 21st Street, Sacramento

Listing courtesy of eXp Realty of California Inc..

$575,000

11,000 SqFt. ⋅ 226114001 MLS

City of Sacramento has agreed to allow the building to be demolished for expanded building opportunities! Current zoning is SPA, but previously had plans to rehab into a 13-unit multi-family. Buyer to do due diligence for potential uses (Mixed use, condos, town-homes, ground-up multi-family, commercial, retail, etc.) Development opportunity on roughly 3/4 of an acre with major street frontage to Florin Road. MOTIVATED SELLER will carry!

8330 Florin Road, Sacramento

Listing courtesy of RE Dynamic.

$1,050,000

4,842 SqFt. ⋅ 226111705 MLS

Foresthill Apartments presents a rare opportunity to acquire five detached single-family residences situated together on one approximately one-acre parcel. The offering combines the privacy and livability of individual homes with the operational efficiencies of a single multifamily investment. The property consists of three (3) two-bedroom one-bath homes and two (2) three-bedroom two-bath homes. Each residence is single-story and includes a private fenced yard, in-unit washer/dryer hookups, an attached garage, central HVAC, and a 250 gallon propane tank. With no shared walls and a quiet residential setting, the property offers a compelling alternative to conventional apartment living.

25080 Foresthill Road, Foresthill

Listing courtesy of North Valley Real Estate Advisors.

$2,100,000

11,000 SqFt. ⋅ 226112496 MLS

The Poplar Place Apartments is a well-maintained 22-unit multifamily property located at 310 W. Poplar Street in Stockton, California. The asset presents a stable investment opportunity with solid in-place income in a growing Central Valley market. The property features a desirable unit mix of twenty-two (22) 1-BD / 1-BA units, appealing to consistent demand for affordable and efficient housing. On-site amenities include owned laundry facilities with a laundry room on each floor, a manager's office, storage/maintenance space, and security cameras. Solar panels installed in 2018 help offset utility expenses, and each floor is equipped with 100-gallon water heaters for added efficiency. Units offer a functional mix of vinyl plank and tile flooring, along with wall heating and air conditioning. Select units include ceiling fans and dishwashers, while all units are equipped with gas stoves, microwaves, and garbage disposals, providing everyday convenience and supporting tenant retention.

310 W Poplar Street, Stockton

Listing courtesy of Colliers Parrish Intenational Inc..

$2,295,000

7,040 SqFt. ⋅ 226111008 MLS

Great opportunity to own an investment property. The property appraised at $2.5M on Feb 2026, close to downtown Stockton, with an excellent going-in CAP rate. This 22 unit apartment building consists of 3 two-bedroom units, 11 one-bedroom units, and 8 Studio units. Property has been completely renovated with over $300k of investment and most units have tile flooring, double pane windows, granite countertops, and new kitchens. Recent improvements include 8 remodeled units, exterior painting, rewired electric panel, new water and sewer lines, newer commercial water heater, and roof water proofing. A roof inspection report is availble upon request. See OM attached. A Must See!

627 N Edison Street, Stockton

Listing courtesy of Arriaga Real Estate.

$3,960,000

16,496 SqFt. ⋅ 226108414 MLS

Rare Downtown Grass Valley Multifamily Investment OpportunityDiscover an exceptional addition to your commercial portfolio in a highly desirable, high-demand downtown Grass Valley location. This premium 18-unit apartment community features a uniform layout of highly sought-after 2-bedroom units, catering perfectly to the area's robust and consistent rental demographic. Reflecting a stellar history of 100% occupancy with zero historical vacancy, the asset yields strong, predictable cash flow from day one. Under meticulous long-term management, the property exemplifies true pride of ownership and has been preserved in immaculate, turn-key condition. Ideal for the discerning investor seeking a stabilized, low-maintenance asset in a premier Northern California submarket.

205 Washington Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

$2,200,000

9,720 SqFt. ⋅ 226108329 MLS

RARE NEVADA COUNTY INVESTOR OPPORTUNITY! Turnkey, high-performing 10-unit apartment building offering strong cash flow and an exceptionally desirable asset mix. Perfect for a portfolio addition or 1031 exchange in a high-demand rental market. Ideal Asset Mix: 10 uniform 2-bedroom units maximize rental yield and tenant retention. 100% Occupied: Stable, proven income stream with a track record of zero vacancy. Turnkey Condition: Meticulously maintained throughout, showing true pride of ownership. Tenant Amenities: On-site laundry facility and private individual tenant storage areas. Ample Parking: Plentiful off-street parking accommodates both residents and guests. Low Overhead: Professional, low-maintenance landscaping keeps operating expenses minimal. Prime Location: Highly convenient access to local schools, shopping districts, and parks. Don't miss this rare, low-maintenance multi-family gem in a high-tenancy area!

669 S Auburn Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

$1,270,000

3,824 SqFt. ⋅ 226109999 MLS

770 Bowles Street presents a rare opportunity to acquire six income-producing residences on an expansive, fully fenced 0.71-acre parcel. The property features five bungalow-style two-bedroom units plus one larger residence configured for co-living, creating a diversified rental portfolio in one location. Highlights include abundant off-street parking, on-site laundry, storage, a pool and generous shared outdoor space. With approximately 31,102 square feet of land, multiple residences and an established rental operation, this distinctive property subtly known as Bella Court offers the space, versatility and long-term potential investors are looking for. Please do not disturb occupants. Tours are available by appointment only.

770 Bowles Street, Sacramento

Listing courtesy of Capital City Real Estate.

$795,000

3,782 SqFt. ⋅ 226109120 MLS

Prime Richmond Investment: Fully Renovated Six-Unit Apartment Complex Seize a remarkable turnkey opportunity with this exceptionally well-maintained, six-unit apartment building in Richmond, Featuring an ideal, high-demand unit mix, this property offers investors a high-yield, low-maintenance asset ready to elevate any real estate portfolio. Property Overview & Unit Mix Total Units: 6 spacious apartments 1-Bed / 1-Bath: 3 units (approx. 800 sq. ft. each) 2-Bed / 1-Bath: 3 units (approx. 1200 sq. ft. each) Security: Fully fenced with a secure gated entrance Utility Structure: Tenants responsible for all utilities Recent Premium Renovations Upgraded Electrical: Brand new electrical panels installed for modern safety and capacity. Fresh Modern Interiors: Brand new paint and professional flooring throughout. Comfort Upgrades: Newly installed, plush carpeting in living and bedroom areas. Desirable Tenant Amenities Generous Living Spaces: Exceptionally large layouts ranging from 800 to 1,200 sq. ft. On-Site Laundry: Dedicated common area laundry room adding tenant convenience. Expansive Outdoors: Large, welcoming common areas designed for relaxation and socializing. Prime Location & Accessibility Commuter Friendly: Immediate, convenient highway access to I-580. Bay Area Connectivity: Easy transit routes to San Francisco, Oakland, and Marin County. Convenience: Positioned near local shopping, dining, and public transportation hubs. This property perfectly balances immediate cash flow, spacious layouts, and long-term appreciation. Don't miss out on adding this fully upgraded, secure income producer to your portfolio. Property is sold as is.

419 B Street, Richmond

Listing courtesy of Simple Realty.

$1,195,000

226107880 MLS

The subject property is prominently located with excellent access near the junction of highway 152 and highway 33. Site benefits from 5 residential structures comprised of: (3) Duplexes and (2) single family homes. Site sits on almost 2 acres with a lot currently leased to a prominent irrigation company. Buildings have been recently upgraded: Stucco/paint/windows, 4/5 buildings with newer roofs, two septic lines replaced, 2/5 electrical meters upgraded. Plenty of upside since rents have remained the same.

7595 Azusa Avenue, Dos Palos

Listing courtesy of Berkshire Hathaway HomeServices-Drysdale Properties.

$2,450,000

6,050 SqFt. ⋅ 226107393 MLS

The Heitzeberg Group of Marcus & Millichap is pleased to present 828 D Street Apartments (the Davis Bungalows), an 8-unit multifamily community located in the heart of Davis, California. Built in 1964 and comprehensively renovated in 2023-2024, this well-maintained asset offers investors the opportunity to acquire a stabilized, income-producing property in one of Northern California's most supply-constrained rental markets, anchored by the University of California, Davis. The Davis Bungalows consist of a diverse unit mix, including four 1-bedroom/1 bathroom units averaging 600 square feet, three 2-bedroom/1-bathroom units averaging 850 square feet, and one 3-bedroom/2-bathroom unit spanning 1,100 square feet, totaling 6,050 rentable square feet on a 12,632 square-foot lot. This range of unit types allows the property to serve a broad spectrum of renters from single UC Davis graduate students and staff to small families while supporting stable occupancy, currently running at 96.5%, and consistent demand.

828 D Street, Davis

Listing courtesy of Marcus & Millichap Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .