Middlefield Road
Palo Alto, CA 94301
Rare trophy multifamily investment opportunity in the heart of Palo Alto, just blocks from Stanford University and vibrant downtown. Located at 251 Middlefield Rd, this iconic property was originally built in 1915 and completely reimagined in 2019, seamlessly blending historic architecture with modern luxury and high-end construction. The building features seven beautifully renovated residential units, each finished with premium materials and thoughtful design. Interiors include stainless steel appliances, granite countertops, hardwood and tile flooring, skylights, vaulted ceilings, double-pane windows, and designer finishes throughout. Units are equipped with energy-efficient mini-split systems, with select residences offering central heating for year-round comfort. The impressive p
Property Details
Map
Map
Features
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Water/Sewer
Sewer: Public Sewer -
Flooring Information
Tile, Vinyl, Linoleum, Wood -
Interior Features
Vaulted Ceiling(s) Appliances: Gas Cook Top, Built-In Refrigerator, Dishwasher, Microwave Laundry Features: In Common Area, Laundry Closet, Washer/Dryer Hookups -
Heating & Cooling
Heating: Fireplace(s), See Remarks Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1915 Stories: 2 Construction Materials: Stucco, Frame Foundation Details: Raised, Slab -
Exterior Features
Foundation Details: Raised, Slab -
Laundry Features
In Common Area, Laundry Closet, Washer/Dryer Hookups
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Lot Information
Lot Description: Auto Sprinkler F&R Lot Square Feet: 10,001 Main Square Feet: 5,939 Topography: LevelProperty Information
Property Type: Residential Income Sub Type: 5 or More Units SQ ft (Living Area): 5,939 Construction Materials: Stucco,Frame Property Age: 111 Cross Street: Everett Ave Source Neighborhood: Crescent Park Postal Code Plus 4: 1343 Area: Palo Alto S: 94301 Zoning: R1 Living Area Source: Owner Structure Type: ApartmentsFarm Info
Irrigation Source: Public District
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Listing Price Information
Listing Id: 226026984 List Price: $7,500,000 List Price Tot SqFt: $1,263
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Tax Information
Parcel Number: 003-01-076
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Parking Information
Other
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Elementary School District: Palo Alto UnifiedJunior High School District: Palo Alto UnifiedSenior High School District: Palo Alto Unified
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Utility Information
Sewer In & Connected -
Location Information
Direction: From US-101, take University Ave west toward Palo Alto/Stanford. Continue approximately 1 mile, then left on Middlefield Rd. Property will be on the right at 251 Middlefield Rd.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Middlefield Road, Palo Alto, CA, 94301 | $7,500,000 | 11 | 10 | 5,939 | 5,939 SqFt |
| 1665 Middlefield Road, Palo Alto, CA, 94301 | $4,388,000 | 3 | 3 | 1,852 | 1,852 SqFt |
| 1836 Webster Street, Palo Alto, CA, 94301 | $8,488,000 | 5 | 4 | 2,831 | 2,831 SqFt |
| 838 Boyce Avenue, Palo Alto, CA, 94301 | $5,995,000 | 6 | 6 | 2,324 | 2,324 SqFt |
| 148 Kingsley Avenue, Palo Alto, CA, 94301 | $5,495,000 | 7 | 6 | 4,060 | 4,060 SqFt |
| 622 Palo Alto Avenue, Palo Alto, CA, 94301 | $2,298,000 | 2 | 1 | 800 | 800 SqFt |
| 150 Middlefield Road, Palo Alto, CA, 94301 | $2,650,000 | 3 | 2 | 1,638 | 1,638 SqFt |
| 270 Everett Avenue, Palo Alto, CA, 94301 | $1,975,000 | 3 | 3 | 1,922 | 1,922 SqFt |
| 340 Palo Alto Avenue, Palo Alto, CA, 94301 | $6,300,000 | 2 | 1 | 1,120 | 1,120 SqFt |
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ByOwner last updated this listing 07/25/2026 @ 10:08
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