Multi Family homes for sale & real estate in Alameda, CA

Multi Family Home for sale in Alameda, CA:

Charming multi-unit property in Alameda’s East End with two recently renovated 2BD units delivered vacant—ideal for owner-occupants or investors. 897 Oak St includes a 3BD standalone house and a rear triplex with two move-in ready 2BD units. Three garage spaces on site. Total living area approx. 3,267 sq ft on a 5,200 sq ft lot. Located just blocks from Park Street and South Shore Center, with Trader Joe’s, Safeway, and dining options nearby. Zoned for Alameda High (GreatSchools 9/10). Excellent 94 Walk Score, and just a short commute to BART and ferry terminals. Perfect for house hackers or long-term investors seeking flexibility and location—all for under $1M.

Multi Family Home for sale in Alameda, CA:

Adorable Central Alameda triplex on a quiet street configured of Unit A: 1 bed/1 bath unit upstairs, Unit B: 2 bed/1 bath unit downstairs with laundry hookups on the back porch and accessible to all 3 units and Unit C: a small 2 bed/1 bath ADU in the back which was recently built in 2024 with permits and features nice upgrades such as tankless water heater and a splitter for heat and A/C. Nice long driveway, easily fits 2 vehicles and low maintenance. Cute as a button from the street and new flooring in units B and C. Upstairs unit A is currently occupied, B and C are vacant. Tenant pays their own electric, gas and garbage, owner pays water for all units.

Multi Family Home for sale in Alameda, CA:

Beautiful 3-units | 2 House on 1 Lot | 1892 Victorian in excellent location. The front house is two-story building is painted wood siding with crown moldings, a wide driveway plus garage and basement storage space. The detached single unit house in the back is much younger with more modern design and features. Walking up the front stair leads you to balcony entrance of units A. Walking down the right hallway leads to unit B on the ground floor, and units C in the back. All 3 units have hardwood / LVP floors and tiles. Many units have large windows, updated kitchen, modern electrical and plumbings, and private yard space. Parking space available in driveway and the garage. Possible building

Multi Family Home for sale in Alameda, CA:

7.48% Cap Rate in Alameda’s West End – A Rare Investment Opportunity! Unlock the potential of 1816-18-20 3rd Street & 306-08 Spruce—a rare five-unit property spanning two buildings on one lot in Alameda's highly desirable West End. Projected gross income: $161,431.68. With a cap rate of 7.48% and a GRM of 9.91, this property offers a compelling investment opportunity with strong returns. This well-located investment features five 2-bedroom, 1-bathroom units, offering steady rental demand and attractive returns. Location, Convenience, Lifestyle—the cornerstones of this exceptional investment. Just minutes away from Crown Memorial State Beach, renowned for windsu