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    Banning, CA
    Duplex

    Banning, CA Duplexes for Sale

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    Duplex With Private Outdoor Areas
    Updated: Jul 16
    Duplex With Private Outdoor Areas

    162 N 3rd, Banning, CA 92220

    $399,900
    1,252 sqft 0.14 AC lot
    Versatile duplex built in 1915 with public water and public sewer
    Two separate units with individual electric and gas meters
    Front unit: 1 bedroom, 1 bathroom with private fenced front yard and 4 dedicated parking spaces
    Rear unit: 2 bedrooms, 1 bathroom with private outdoor area and ample parking
    Long driveway runs from the front of the property to the rear easement for easy access and additional parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    162 N 3rd, Banning, CA 92220

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $314K
      Suggested

    • Property Type

      Duplex
      Built 1900
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    Duplex with Separate Utilities
    Updated: Jul 16
    Duplex with Separate Utilities

    162 N 3rd, Banning, CA 92220

    $399,900
    0.14 AC lot
    Duplex built in 1915 with 2 separate units, each with individual electric and gas meters
    Front unit features 1 bedroom, 1 bathroom, a private fenced front yard, and 4 dedicated parking spaces plus an extended driveway
    Rear unit offers 2 bedrooms, 1 bathroom with a private outdoor area and ample parking space for vehicles, equipment, or recreational toys
    Long driveway runs from the front of the property to the rear easement for added parking and access throughout
    Detached laundry room in a separate structure and a detached two‑car garage for extra storage or parking
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    New Construction Duplex With Renovated Second Unit
    New Construction Duplex With Renovated Second Unit

    497 Martin Street, Banning, CA 92220

    $599,000
    0.15 AC lot

    New 2024 duplex with central heating and public utilities, featuring a renovated second 2-bedroom unit.

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    Duplex with Two Renovated Units
    Duplex with Two Renovated Units

    497 Martin Street, Banning, CA 92220

    $599,000
    1,400 sqft

    New 2024 duplex offering two 2-bedroom units, suited for investor or owner-occupant versatility.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Income Duplex with Detached Garage
    Income Duplex with Detached Garage

    162 N 3rd, Banning, CA 92220

    Contact for pricing

    Duplex offers two independent units with separate electric and gas meters, plus fenced outdoor space, detached laundry, and a two-car garage.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Banning, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Separate Detached Unit
    Duplex with Separate Detached Unit

    165 N Alessandro Avenue, San Jacinto, CA 92583

    $690,000
    2,359 sqft 0.32 AC lot

    Two separate residential units each have dedicated addresses and utility meters, including a detached two-bedroom home.

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    Duplex with Detached Back House
    Duplex with Detached Back House

    974 Edgar Avenue, Beaumont, CA 92223

    $650,000
    0.22 AC lot

    Two residential units on one lot, accessed via alley, with separate gas and electric meters.

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    Two-Home Residential Income Property
    Two-Home Residential Income Property

    1270 Michigan, Beaumont, CA 92223

    $369,900
    2,400 sqft 0.29 AC lot

    A two-home residential income property on a single parcel, featuring 2-bedroom, 1-bath layouts with additional flexible living space.

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    Spacious Duplex with Separate Units
    Spacious Duplex with Separate Units

    165 N Alessandro Avenue, San Jacinto, CA 92583

    Contact for pricing

    Rare duplex with two separate units, ideal for investment.

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    Banning, CA Duplexes Market Trends and Statistics

    Explore 5 duplexes for sale in Banning, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 2,652 square feet of properties for sale, with an estimated market value of $1,997,800.

    Sale prices for duplexes in Banning, CA start at $399,900, averaging $499,450, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Mobile home & RV parks 5
    Quadplexes 3
    Triplexes 2

    Demographics Overview

    Population 33K
    Population Growth (5Y) +1.3%
    Median Household Income $59,116
    College Educated 22.9%

    High-Yield Neighborhoods for Investment

    Identify Banning submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92220 $599K

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $25.32 per SF
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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