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Just blocks from the heart of downtown Palo Alto, this well-maintained triplex offers a rare chance to build long-term wealth in one of the country's most desirable cities. The property includes three distinct units: a 1-bedroom/1-bath, a 2-bedroom/1.5-bath two-story, and a studio with a full bath, each offering its own appeal. The two larger units feature updated kitchens, while the studio provides an updated kitchenette and an efficient layout ideal for additional income. Whether you're an investor looking for strong cash flow, a savvy buyer planning to live in one unit while renting the others, or a first-time investor ready to get into the market, this property delivers outstanding flexibility and value. With University Avenue, Stanford, top-ranked schools, world-class dining and shopping, and major employers all nearby, this location checks all the boxes: immediate income, long-term upside, and endless potential.
| LAST UPDATED | 8/13/2025 | YEAR BUILT | 1910 |
|---|---|---|---|
| COUNTY | Santa Clara | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Addison Elementary |
|---|---|
| Jr. High School | Frank S. Greene Middle |
| High School | Palo Alto High |
| PRICE HISTORY |
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| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Other, Washer, Washer/Dryer |
| HEAT | Wall Furnace |
| LOT | 5001 sq ft |
| LOT DIMENSIONS | 5000.00 |
| PARKING | Off Street, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Cottage |
| VIEW DESCRIPTION | None |
| ZONING | DHS |
TOTAL MONTHLY PAYMENT
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 8/26/25 8:23 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2025 MLSListings Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
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