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For sale
    • $1,750,000

    217 Madison Ave, Redwood City, CA 94061

    8beds
    5baths
    3,783sqft
    : 
    $11,898/mo
    Get pre-qualified
    Triplex, Residential Income
    Built in 1969
    -- sqft lot
    $1,650,300 Zestimate®
    $463/sqft
    $-- HOA

    What's special

    Welcome to this spacious 3,783 square foot, approx. 3 Unit home located in the vibrant city of Redwood City. This property boasts 4 Br 3 Ba Versatile/flexible ground unit floorplan plus 2 x 2Br. Units with well designed kitchens complete with ample space for meal preparation and entertaining. The Property features comfortable room layouts providing private space for everyone; gives warmth to the living area. Spacious with Large Rooms, this multi-family home is designed to complement any life style. With 3 Garages and convenience of a Coin-Op Laundry benefiting everyone. Well Located near to Starbucks, Whole Foods, Sequoia Station Train and Bus, Downtown Restaurants and occasional Lively Entertainment at Courthouse Square! Additional amenities include central forced air furnaces, insuring comfort during the cooler months. Solar on the roof. And the separate 3 car garage features automatic garage doors. Live in one unit and enjoy the Benefit of monthly Rental Income from the other Units! Don't miss the opportunity to explore this Income Property in Redwood City, offering a blend of comfort, space, and practicality in a very Convenient Location. This is a good Producer and makes a Great Starter Investment!
    145 days
    |
    493
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karl Dresden 00525686 650-369-7331,

    Terrace Associates 650-369-7331

    Source: MLSListings Inc,MLS#: ML82037979MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Included: Washer/Dryer
      • Laundry: Coin Operated
      Features
      • Doors: None
      Interior area
      • Total structure area: 3,783
      • Total interior livable area: 3,783 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached
      • Garage spaces: 3
      • Has carport: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Stories: 2
      • Has view: Yes
      • View description: City
      Lot
      • Size: 5,200 Square Feet
      • Features: Mostly Level
      Details
      • Parcel number: 053062090
      • Zoning: R
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: French
      • Property subtype: Triplex, Residential Income
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Mansard, Polyurethane
      Condition
      • Year built: 1969

      Utilities & green energy

      • Gas: IndividualGasMeters
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters

      Community & HOA

      Location
      • Region: Redwood City

      Financial & listing details

      • Price per square foot: $463/sqft
      • Tax assessed value: $1,059,016
      • Annual tax amount: $19,250
      • Date on market: 3/10/2026
      • Listing agreement: ExclusiveRightToSell
      • Listing terms: OwnerPayPoints, SellerMayPayClosingCosts, Other
      • Inclusions: DishwasherSomeUnits, OvenRangeAllUnits
      • Lease term: Month To Month

        Estimated market value

        $1,650,300

        $1.57M - $1.73M

        $4,220/mo

        Price history

        DateEventPrice
        3/10/2026Listed for sale$1,750,000+103.5%$463/sqft
        Source: MLSListings Inc #ML82037979 Report a problem
        4/17/2013Sold$860,000+9.1%$227/sqft
        Source: Public Record Report a problem
        11/8/2011Listing removed$788,000$208/sqft
        Source: DCP & Associates #81120336 Report a problem
        5/10/2011Listed for sale$788,000-7.3%$208/sqft
        Source: Coldwell Banker-DCP & Associates #81120336 Report a problem
        2/1/2005Sold$850,000+16.4%$225/sqft
        Source: Public Record Report a problem
        4/25/2003Sold$730,000$193/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,724 +1.1%$1,059,016 +2%
        2024$11,594 +1.5%$1,038,252 +2%
        2023$11,419 +4.9%$1,017,896 +2%
        2022$10,884 +1%$997,938 +2%
        2021$10,779 +1.4%$978,372 +1%
        2020$10,635 +0.4%$968,340 +2%
        2019$10,596 +2.6%$949,354 +2%
        2018$10,329 +1.1%$930,740 +2%
        2017$10,218 +1.7%$912,492 +2%
        2016$10,050 +5.9%$894,600 +1.5%
        2015$9,491 $881,164 +2%
        2014$9,491 $863,904 +0.5%
        2013-- $860,000 +22.9%
        2012-- $700,000
        2011-- $700,000
        2010-- $700,000 -23.9%
        2009-- $920,066 +2%
        2008-- $902,026 +2%
        2007-- $884,340 +2%
        2006-- $867,000
        2005-- $867,000 +16.6%
        2004-- $743,629 +348.1%
        2003-- $165,953 +2%
        2002-- $162,700 +2%
        2001-- $159,511 +2%
        2000-- $156,384
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Central

        Getting around

        92 / 100
        Walker's Paradise
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: RedwoodCityElementary

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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