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Riverside Multi-Unit Property For Sale

4481 13th St, Riverside, CA 92501

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For Sale

$875,000

Multi-unit property near downtown Riverside with strong rental potential.

Type:Investment

Property size:

4,451 SF

Price / SF:

$196/SF

HighLights

Multi‑unit property with strong rental income potential.
Prime location near downtown Riverside, Mt. Rubidoux, and the Mission Inn.
High walkability score (83) and bikeability score (71).
Versatile unit mix including duplexes and single units.
Shared outdoor space and individual patios.
Four one‑car garages with alley access.

We can help!

Listing Contact

SCOTT TUCKER

Learn more

For Sale

$875,000

Multi-unit property near downtown Riverside with strong rental potential.

Type:Investment

Property size:

4,451 SF

Price / SF:

$196/SF

Added:: Apr 24, 2026
Days on Market:: 51
Last Refresh:: Apr 24 at 4:06 pm

Property Features for 4481 13th St

General Information

Standard status: Active
Size: 4,451 SF
Property subtype: Investment

Building Details

Year Built: 1949

We can help!

Listing Contact

SCOTT TUCKER

Listing agent SCOTT TUCKER License #01382514

Listing office Providence Realty

Listing date Apr 24, 2026

Source Elliman

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 Providence Realty

HighLights

Multi‑unit property with strong rental income potential.
Prime location near downtown Riverside, Mt. Rubidoux, and the Mission Inn.
High walkability score (83) and bikeability score (71).
Versatile unit mix including duplexes and single units.
Shared outdoor space and individual patios.
Four one‑car garages with alley access.

Overview

This multi-unit property is located near downtown Riverside and offers a versatile unit mix with strong rental potential and shared outdoor space. The duplex units, 4481 and 4483, are side-by-side and share a front porch and laundry room. Each unit is approximately 1350 square feet and features a large living room, two bedrooms, one bathroom, a generously sized kitchen with ample storage, and a small back patio. Unit 4485 is an upstairs unit offering one bedroom and one bathroom in approximately 532 square feet. Unit 4487 is a downstairs unit of approximately 532 square feet. Unit 4489 includes a living room, one bedroom, one generously sized bathroom, and a small private patio, and is approximately 697 square feet. Units 4487 and 4489 were unpermitted at the time they were constructed. The property includes a large, well-kept yard area with plenty of open space for occupants. There are four one-car garages with alley access for parking and storage. The property is located blocks away from Mt. Rubidoux, the Mission Inn, shopping, dining, hospitals, and schools. The bike score is 71, indicating it is very bikeable. The walk score is 83, indicating it is very walkable. The transit score is 44, indicating some transit options are available.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$131.9k	$29.64
− Vacancy	−$2.5k	−$0.56
EGI	$129.4k	$29.08
− OpEx	−$58.2k	−$13.08
NOI	$71.2k	$15.99

4,451 SF · lease $29.64/SF/yr · vacancy 1.90% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.02M

$889.8K – $1.19M (±1% cap)

NOI $71,182 @ 7.0% cap · market cap 8.14%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.53M

$1.34M – $1.78M (±1% cap)

NOI $106,892 @ 7.0% cap · market cap 12.22%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Riverside
County: Riverside
State: California
Longitude: -117.3869178
Latitude: 33.9817606

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For sale
Apartment buildings
CA
Riverside
92501
4481 13th St

What type of property is this?

Apartment building - Multi-unit property near downtown Riverside with strong rental potential.

Where is this apartment building located?

The property is located at 4481 13th St Riverside, CA.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: Multi‑unit property with strong rental income potential.; Prime location near downtown Riverside, Mt. Rubidoux, and the Mission Inn.; High walkability score (83) and bikeability score (71).