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8 Beds
7 Baths
4,290 sqft

$3,995,000

301 College Avenue , Palo Alto CA, 94306

Price per sqft$931.24
Built in1968
Property size4,290 sqft
Property typeResidential

Overview

Active

Listed Oct 16, 2026

Updated 3 days ago

Rare opportunity to own an exceptionally spacious Triplex in Palo Alto's desirable College Terrace neighborhood, offering approximately 4,350 sf of living space across three substantial residences. The front residence is the largest, a two-story three-bedroom, two and a half bath home with generous living areas and laminate flooring. The middle residence offers three bedrooms and two baths on one level, while the private rear two-story two-bedroom, two-bath residence features its own patio and direct access to covered carport parking. Each unit offers unusually spacious rooms and a level of livability rarely found in a three-unit property. Additional amenities include six covered carport spaces, storage, and shared laundry. Ideally located near Stanford University, California Avenue shopping and dining, Caltrain, and major Silicon Valley employment centers, the property offers an exceptional combination of location, size, and long-term potential. Current rents are below market providing future income-growth potential. This is a unique opportunity for an investor or future owner-occupant seeking in-place income, long-term rental upside, and a substantial multifamily property in one of Palo Alto's most desirable neighborhoods.

$26,579/mo

Est. mortgage payment based on a $3,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82064694
Available since
October 16, 2026

Interior Features

Bedrooms
8
Bathrooms
7
Fireplace
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Also listed on BEAR

 Courtesy of Matthew Swenson | Golden Gate Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 DASH - Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 4:25 AM UTC, 10/25/2026

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