Duplex with Two Fully Operational
For Sale
Contact for pricing
Pending
4187 Dwight Avenue, Riverside, CA 92507
Two finished residences on one lot offer flexible living and rental options, with existing homes ready to occupy.
Property SizeContact for details
Days on Market73
Property Features for 4187 Dwight Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Assessor
Financials
Cap Rate
5.9%
Business Included
Yes
Additional Details
Multifamily Units
2
Building Details
Buildings
2
Units
2
Listing Agency:
Re/Max Partners
(714) 673-5181
Listed By:
Benjamin Rubalcava · License #01877582
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Jul 24 at 7:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Partners
Investment Insights
Based on property information with market context.
This duplex property consists of two beautifully finished homes on a single lot, arranged on opposite sides of the property to support privacy and independent day-to-day use. Both residences are fully operational, allowing for immediate occupancy or rental without requiring updates to start generating income.
Located at 4187 Dwight Avenue in Riverside, CA 92507, the layout provides separation between the two homes while keeping them under one ownership structure. The seller has also consulted with an architect and obtained conceptual plans showing the potential placement of a third home on the property. Buyers should verify any development possibilities and requirements with the appropriate agencies.
The configuration is well-suited for a range of owner and investor scenarios, including multigenerational living, long-term rentals, or owner-occupancy with supplemental income from the second home. Because both units are already functioning as residences, the property can serve as a turnkey setup for buyers who want to use or rent the homes now, while retaining the option to pursue further site planning if permitted.
Located at 4187 Dwight Avenue in Riverside, CA 92507, the layout provides separation between the two homes while keeping them under one ownership structure. The seller has also consulted with an architect and obtained conceptual plans showing the potential placement of a third home on the property. Buyers should verify any development possibilities and requirements with the appropriate agencies.
The configuration is well-suited for a range of owner and investor scenarios, including multigenerational living, long-term rentals, or owner-occupancy with supplemental income from the second home. Because both units are already functioning as residences, the property can serve as a turnkey setup for buyers who want to use or rent the homes now, while retaining the option to pursue further site planning if permitted.
Key Highlights
- Two finished residences on one lot with flexible living and rental options.
- Homes are positioned on opposite sides of the property for privacy and functionality.
- Both residences are fully operational and ready to occupy.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Explore this area
Business Placement
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two finished residences on one lot offer flexible living and rental options, with existing homes ready to occupy.
Where is this duplex located?
The property is located at 4187 Dwight Avenue Riverside, CA.
What is the asking price?
The asking price for this property is $724,999.
What are key features of this property?
This property features: Two finished residences on one lot with flexible living and rental options.; Homes are positioned on opposite sides of the property for privacy and functionality.; Both residences are fully operational and ready to occupy.
