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Duplex Property with Central Heating
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3152 Lime, Riverside, CA 92501

Riverside, CA

Property Size500 SF
Lot Size0.13 Acres
Price / SF$3.90
Days on Market54

Property Features for 3152 Lime

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Pets allowed Breed Restrictions
Lot features Level with Street
Elementary school district Riverside Unified
Middle school district Riverside Unified
High school district Riverside Unified
Directions From the 91 Freeway: Exit Mission Inn Ave, head toward Downtown Riverside, continue to Lime St, then turn onto Lime St and proceed to 3152 Lime St.
Subdivision 252 - Riverside
Standard status Active
APN 213042005
Size 500 SF
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ductless
Water source Public

Building Details

Year built 1923
Floors in Building 1
Number of units 2
Listing Agency: Blue Monkey Realty
Listed By: Ruby Pineda · License #01734964
Added: Aug 28 Changed: Oct 16 Last Checked: Oct 20 at 3:06AM
MLS# IG26189079

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex property was built in 1923 and includes a bedroom and bathroom within 500 square feet of building area. Central heating and ductless cooling are provided, while public water and public sewer serve the property. The parcel encompasses 0.13 acres.

The address is near Downtown Riverside, with access to shopping, dining, schools, public transportation, and major freeways. Utilities are included in the monthly rent, providing a defined occupancy expense structure for residents.

Key Highlights

  • Duplex property on a 0.13‑acre parcel
  • 500 square feet of building area
  • Built in 1923

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,996
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,920 $159.9K
Cap Rate 7%
$114,229 $114.2K
Cap Rate 9%
$88,844 $88.8K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$14.8K $29.64/SF
− Vacancy
−$282 −$0.56/SF
EGI
$14.5K $29.08/SF
− OpEx
−$6.5K −$13.08/SF
NOI
$8.0K $15.99/SF
Area
Riverside, CA
Vacancy
1.90%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,920
Cap Rate 7%
$114,229
Cap Rate 9%
$88,844

Alternative Uses

Best Use
Multifamily LT 5
$124.9K
$109.3K – $145.7K (±1% cap)
NOI $8,744 @ 7.0% cap · market cap 448.41%
Second Best
Apartment 5plus
$114.2K
$100.0K – $133.3K (±1% cap)
NOI $7,996 @ 7.0% cap · market cap 410.05%
Theoretical Best
Office A
$171.5K
$150.1K – $200.1K (±1% cap)
NOI $12,008 @ 7.0% cap · market cap 615.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,483
Businesses Nearby

Demographics for 92501, CA

22,017
Population
7,488
Households
2.9
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
5.6 sq mi
ZIP Area
3,932
Density / Sq Mi
$83,027
Median Household Income
$41,780
Median Earnings
$1,615
Median Rent
$466,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Ductless cooling and public water and sewer serve this property near Downtown Riverside.
Where is this duplex located?
The property is located at 3152 Lime Riverside, CA.
What are key features of this property?
This property features: Duplex property on a 0.13‑acre parcel; 500 square feet of building area; Built in 1923
More about this property
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