About this home

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!

Facts and features

Schools

• Palo Alto High School

  high · 9-12 · 0.8 mi

  10

• Addison Elementary School

  elementary · K-5 · 0.8 mi

  9

• Frank S. Greene Jr. Middle

  middle · 6-8 · 1.8 mi

  9

• Tru School

  elementary · K-6 · 0.5 mi

• Greendell School

  elementary · K · 3.8 mi

• Tru School

  elementary · K-5 · 0.5 mi

Price history

• Oct 21, 2026 · Price Changed$3,250,000
• Sep 15, 2026 · Price Changed$2,980,000
• Apr 22, 2026 · Listed$3,100,000
• Jun 3, 2025 · Sold$2,050,000
• Jun 9, 2023 · Sold$1,000,000
• Oct 7, 2014 · Sold$900,000
• Sep 26, 2014 · Sold$1,800,000
• Feb 4, 2014 · Sold$1,610,000

Tax history

• 2025$28,553 tax · $2,091,000 assessed
• 2024$27,387 tax · $2,288,880 assessed
• 2023$25,559 tax · $2,079,319 assessed
• 2022$25,262 tax · $2,038,549 assessed
• 2021$24,765 tax · $1,998,578 assessed
• 2020$24,257 tax · $1,978,086 assessed
• 2019$23,989 tax · $1,939,301 assessed
• 2018$23,334 tax · $1,901,276 assessed

Home value

$2,950,000

• Collateral Analytics$2,950,000
• Quantarium$2,235,516

Where it is