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440 Millbrae AvenueMillbrae, CA 94030

For Sale

$2,600,000

Smart Buyer Rebate $26,000

Tucked away on the highly sought-after west side of the Highland Millbrae neighborhood, this well-maintained and spacious duplex offers an exceptional investment and lifestyle opportunity. Featuring two identical side-by-side units, each residence boasts 3 generously sized bedrooms, 2 full baths, including a private en-suite primary bedroom. Both units are occupied by excellent month-to-month tenants, providing immediate income flexibility. Ideally located within walking distance to vibrant downtown shops, restaurants, and convenient access to BART, Highway 101, and Highway 280. Perfect for owner-occupants looking to live in one unit while generating rental income from the other, or investors seeking a prime Peninsula location with strong long-term upside.

Listed by Serena Lei-ng

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License #02060782

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KW Advisors

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415-867-1535

Last updated June 09, 2026

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Source: MLSListings #ML82043873

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighlands
  • Days on Prevu34
  • Taxes$33,000/year
  • Size3,719 sqft
  • Price per sqft$699

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/09/2026
Price Decreased
$2,600,000
05/14/2026
Listed by KW Advisors
$2,650,000

Property Details for 440 Millbrae Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 2
  • Year Built: 1961
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,719
  • Lot Size Area: 6,000
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,000
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.74
  • Gross Income: $112,800.00
  • Operating Expense Includes: Insurance, Maintenance

Taxes

  • Parcel Number: 024-276-070
  • Tax Annual Amount: $33,000.00

Interior

Measurements

  • Living Area: 3,719

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Attached Garage
  • Parking Total: 2

Schools

Elementary School

  • Elementary School District: Millbrae Elementary

High School

  • High School District: San Mateo Union High

Utilities

Equipment

  • Heating: Central Forced Air - Gas, Fireplace
  • Sewer: Public Sewer
  • Utilities: Individual Electric Meters, Individual Gas Meters

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 440 Millbrae Avenue.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 440 Millbrae Avenue.

What are the annual taxes for 440 Millbrae Avenue?

Annual taxes for this multi-family home are estimated at $33,000.

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

According to the MLS, this listing is 3,719 sqft.

440 Millbrae Avenue is a -bedroom multi-family home for sale in Millbrae CA 94030. On Prevu for 34 days at $2,600,000. This includes a recent price decrease of $50,000. This residence features 3,719 square feet of living space, located in Millbrae. The median listing price for multi-family homes in this area is $2,488,000. Additional amenities include pets allowed and parking. Explore more multi-family home listings in Millbrae.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

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.