Multi Family homes for sale & real estate in 92190, CA

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ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
Turn Key 2021 Renovation/construction student rental property leased through August 1st 2027 for $12,900 per month at a 5.6% Cap rate WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 5bed/2ba, ADU in back is a 4bed/2ba. All market rate no deed restrictions! Prime location short walk to the SDSU campus and Aquaplex & fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. 3 off street parking spots plus 8 street parking permits (4 per address). In unit washer dryers

$1,950,000

9 beds4 baths— sq ft

5270-72 Manhasset Dr, San Diego, CA 92115

Off street parking • 2021 renovation • Short walk to campus

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
Turn-key and beautifully upgraded, this exceptional 4-unit investment opportunity in North Normal Heights offers the perfect blend of strong income, lifestyle flexibility, and long-term upside. Currently producing $129,900 per year in gross income, the property consists of four separate detached homes — a rare configuration that provides privacy, desirability, and premium tenant appeal. The front residence is a spacious 3-bedroom, 2-bath, approximately 1,200 SF home featuring in-unit laundry, off-street parking, and its own private yard, creating an ideal owner-occupant opportunity. Live comfortably in the front home while collecting approximately $80,760 annually from the three addit

$1,895,000

6 beds5 baths2,900 sq ft

4847-53 Mansfield St, San Diego, CA 92116

New foundations • Private yard • New sewer line

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
Finally a permit ready project that makes sense financially for a Buyer! GCs, Investors, Developers: look no further for your next - or first - ground up project. This expertly and efficiently designed 20 unit build is located in the cherished and revered "north of Adams" pocket of ever growing Normal Heights! Currently a duplex of 2BR 2BA generating income. The project is a 4 story build designed as a mostly wood frame product, avoiding costly construction costs that come with elevators, podiums, excessive steel etc. Units will feature modern, roomy and efficient floor plans and a unit mix perfect for this location. Contact the listing agent for more information, including 3rd pa

$1,595,000

4 beds4 baths— sq ft

4721 Felton St, San Diego, CA 92116

Unit mix • Permit ready project • Modern floor plans

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
Two adjacent parcels totaling 13,200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill. Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2,111 SF) leases at $11,600/month through 25/26, stepping up to $11,800/month for 26/27. 5610 Dorothy D

$4,200,000

14 beds7 baths4,611 sq ft

5602 & 5610 Dorothy Dr, San Diego, CA 92115

Built 1984 • Listed 100 days

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
4755 Felton Street is a turnkey 14 unit multifamily investment opportunity located just North of Adams Avenue in the center of the desirable Normal Heights neighborhood of San Diego, California. Originally constructed in 1969 and fully renovated and upgraded in 2022, this attractive asset sits on a 9,419-square-foot lot and is comprised of approximately 9,932 square feet of building area. The property features a desirable and well-balanced unit mix consisting of (6) two-bedroom / one-bathroom units, (7) one-bedroom / one-bathroom units, and (1) studio unit, catering to an ideal tenant base. Additionally, there are (14) off-street parking spaces, (7) in the front and (7) in the rear off the

$6,900,000

19 beds14 baths9,932 sq ft

4755 Felton St, San Diego, CA 92116

Dishwashers • 9,419 sq ft lot • 14 parking spots

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ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
This rare two-unit multi-family property offers an incredible opportunity for investors or owner-occupants. Each unit features 4 bedrooms and 2 bathrooms, providing spacious living for tenants or potential rental income. Perfectly located right next to San Diego State University, this property enjoys strong rental demand and consistent occupancy. Currently tenant-occupied with long-term leases, it offers immediate cash flow for the savvy investor. Both units boast functional layouts, full kitchens, and comfortable living spaces—ideal for students, faculty, or families. Don’t miss this chance to own a solid income-generating property in a high-demand San Diego location.

$1,595,000

8 beds4 baths— sq ft

6266-68 Stewart St, San Diego, CA 92115

Strong rental demand • Immediate cash flow • Full kitchens

3D WALKTHROUGH

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
4921-23 Gary St is a brand-new construction duplex in the heart of the SDSU rental community, offering a rare turnkey investment opportunity. The property features a spacious 5BD/2BA unit alongside a 1BD/1BA unit, generating $8,340/month in combined rental income in one of San Diego's most consistently in-demand rental markets. Both units offer beautiful, brand-new interiors with zero deferred maintenance, giving new ownership immediate cash flow from day one. Driveway parking adds valuable convenience in a submarket where off-street parking is highly sought after. Ideally positioned near SDSU, transit, and neighborhood retail, this asset offers strong leasing velocity and long-term rental

$1,395,000

6 beds3 baths1,877 sq ft

4921-23 Gary St, San Diego, CA 92115

Driveway parking • Built 2026 • Listed 18 days

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housi

$2,300,000

4 beds2 baths1,571 sq ft

5023 63rd St, San Diego, CA 92115

One-bedroom unit • 0.23 acre lot • Built 1950

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
Great opportunity to own two charming cottages sited on street-to-alley lot in the heart of Talmadge. Each unit features their own private patio, hardwood floors, updated appliances (including washer/dryer), and period architectural details throughout. Front unit is 2br/1ba, measuring 830sf, and rear unit is 1br/1ba, measuring 805sf. Adjacent to the 2-car garage are two non-covered spaces off the alley. Unique opportunity for various investment scenarios whether owner-occupant or future development.

$1,195,000

3 beds2 baths1,635 sq ft

4568-70 Winona Ave, San Diego, CA 92115

Updated appliances • Private patio • Street-to-alley lot

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
8 Pride of Ownership Normal Heights units just 1/2 block south of Adams Avenue. 6 of the 8 units have been fully renovated featuring: granite countertops, new kitchen and bath cabinets, new tile showers, stainless steel refrigerators-dishwashers-microwaves-stoves, wood laminate floors, dual pane windows, etc. The property features: two 2-car garages, 5 open parking spaces, secured gated access, owned cashless laundry room (also renovated), new main electric panel, new 50-year roof (2016), new exterior paint (2023), zero scape landscaping, and completed balcony inspection (2025). Building was re-piped in 2015 and tented for termites in 2021. The 2 non-renovated units are in great condition

$2,895,000

11 beds8 baths4,816 sq ft

4629 Bancroft St, San Diego, CA 92116

Fully renovated • New bath cabinets • New tile showers

ABOUT THIS HOME
Multi Family Home for sale in 92190, CA:
We are pleased to present 4454–60 Illinois Street, a boutique multifamily offering ideally positioned in the heart of North Park, one of San Diego’s most vibrant and supply-constrained urban rental markets. Located within the highly walkable 92116 zip code, the property boasts a Walk Score of 84, providing residents with immediate access to neighborhood dining, retail, parks and daily conveniences - a lifestyle feature that continues to drive strong tenant demand. The property is comprised of five well-designed apartment homes, featuring four one-bedroom/one-bathroom residences averaging 585 square feet and one expansive two-bedroom/two-bathroom residence measuring approximately

$1,600,000

6 beds6 baths3,640 sq ft

4454-60 Illinois St, San Diego, CA 92116

Central location • Walk score of 84 • 3,640 sq ft lot

Property at 5074 Madison Ave, San Diego, CA 92115, 16 beds, 12 baths

$3,925,000

16 beds12 baths7,262 sq ft

5074 Madison Ave, San Diego, CA 92115

Property at 4166 Monroe Ave, San Diego, CA 92116, 8 beds, 10 baths

$2,200,000

8 beds10 baths4,400 sq ft

4166 Monroe Ave, San Diego, CA 92116

Property at 3488 Monroe Ave, San Diego, CA 92116, 8 beds, 4 baths

$1,900,000

8 beds4 baths3,150 sq ft

3488 Monroe Ave, San Diego, CA 92116

Property at 6407-13 Richard St, San Diego, CA 92115, 16 beds, 9 baths

$2,995,000

16 beds9 baths— sq ft

6407-13 Richard St, San Diego, CA 92115

Property at 4671-73 Terrace Dr, Kensington, CA 92116, 6 beds, 4 baths

$1,949,999

6 beds4 baths2,750 sq ft

4671-73 Terrace Dr, Kensington, CA 92116

Multi Family Homes for Sale in 92190

There are currently 5 multi family homes for sale in 92190. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 92190 every 15 minutes.

Find your dream home in 92190 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 92190 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 92190. If you're looking to sell your home in the 92190 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 92190 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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