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183 Everett AvenuePalo Alto, CA 94301

For Sale

$2,980,000

Smart Buyer Rebate $29,800

Don't miss this exceptional investment opportunity at 183 Everett Ave, ideally located in the vibrant heart of Downtown Palo Alto. This well-maintained triplex offers a rare chance to own prime Silicon Valley real estate in one of the region's most sought-after locations.

The property features a versatile unit mix, including one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio. All existing units have been thoughtfully updated with modern kitchens, bathrooms, and flooring, and include the convenience of in-unit washers and dryers.

This property presents strong income potential with room for future growth and value appreciation.

Unbeatable location just steps from Downtown Palo Alto's renowned dining, shopping, and entertainment, including the historic Stanford Theatre. Less than a mile to Stanford University and close to the Stanford Shopping Center, this property offers exceptional convenience and long-term investment appeal.

A rare opportunity in a premier location- don't miss it!

Listed by Cathy Liu

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License #01917044

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Realty Innova

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408-826-2548

Last updated September 15, 2026

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Source: MLSListings #ML82044036

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown North
  • Days on Prevu147
  • Taxes$28,553/year
  • Size1,335 sqft
  • Price per sqft$2,232

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

09/15/2026
Price Decreased
$2,980,000
04/22/2026
Listed by Realty Innova
$3,100,000
  1. 09/15/2026$2,980,000
    Price Decreased
  2. 04/22/2026$3,100,000
    Listed by Realty Innova

Property Details for 183 Everett Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 1
  • Year Built: 1905
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,335
  • Lot Size Area: 2,613
  • Lot Size Source: Other
  • Lot Size Square Feet: 2,613
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: -0.97
  • Gross Income: $9,215.00
  • Operating Expense Includes: Insurance, Maintenance, Professional Management

Taxes

  • Parcel Number: 120-25-039
  • Tax Annual Amount: $28,553.00

Interior

Measurements

  • Living Area: 1,335

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: On Street

Schools

Elementary School

  • Elementary School District: Palo Alto Unified

High School

  • High School District: Palo Alto Unified

Utilities

Equipment

  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 183 Everett Avenue.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 183 Everett Avenue.

What are the annual taxes for 183 Everett Avenue?

Annual taxes for this multi-family home are estimated at $28,553.

How does 183 Everett Avenue compare to other multi-family homes in Downtown North?

This multi-family home is listed 17% above the average price for multi-family homes in Downtown North and has been on the market for 60 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,335 sqft.

183 Everett Avenue is a -bedroom multi-family home for sale in Palo Alto CA 94301. On Prevu for 147 days at $2,980,000. This includes a recent price decrease of $120,000. This property features 1,335 square feet of living space, located in Downtown North. The median listing price for multi-family homes in this area is $2,474,000. Additional amenities include pets allowed. View other multi-family home listings in Palo Alto.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 09/15/2026. 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. Data Services by Constellation Data Labs. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.