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Two-Unit Duplex with Assigned Parking
For Sale
$450,000

45741 Smurr Street, Indio, CA 92201

Residential Income, Indio, CA

Property Size1,048 SF
Lot Size0.17 Acres
Price / SF$429.39
Days on Market217

Property Features for 45741 Smurr Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking 4
Parking features Assigned
View Desert, City
Subdivision 311 - Indio Central
Standard status Active
APN 219009917
Size 1,048 SF
Lot size 0.17 Acres

Building Details

Year built 1967
Floors in Building 1
Number of units 2
Flooring type Laminate
Listing Agency: Berkshire Hathaway HomeServices California Properties
Listed By: Josie Gomez · License #01716028
Added: Mar 6 Changed: Oct 3 Last Checked: Oct 9 at 10:06PM
MLS# 219144393

Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two residential units with a combined property size of 1,048 square feet. The room configuration includes four bedrooms and two bathrooms, with laminate flooring and assigned parking. Built in 1967, the property occupies a 0.17-acre lot.

The address is 45741 Smurr Street in Indio, California, within the 92201 postal area of Riverside County. The surrounding downtown area is undergoing infrastructure work on Oasis Street, along with construction of a new three-story City Hall and library. The property is also near the Boulevard 111 corridor, Green Shopping Center, dining, shopping, and new mixed-use development.

Key Highlights

  • Duplex with 1,048 square feet of property size
  • Four bedrooms and two bathrooms
  • 0.17‑acre lot at 45741 Smurr Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,413
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,260 $368.3K
Cap Rate 7%
$263,043 $263.0K
Cap Rate 9%
$204,589 $204.6K
Market Conditions
NOI Build-Up for 1,048 SF
Gross rent
$26.8K $25.56/SF
− Vacancy
−$482 −$0.46/SF
EGI
$26.3K $25.10/SF
− OpEx
−$7.9K −$7.53/SF
NOI
$18.4K $17.57/SF
Area
Riverside County, CA
Vacancy
1.80%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,260
Cap Rate 7%
$263,043
Cap Rate 9%
$204,589

Alternative Uses

Best Use
Multifamily LT 5
$263.0K
$230.2K – $306.9K (±1% cap)
NOI $18,413 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K (±1% cap)
NOI $16,963 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$314.0K
$274.7K – $366.3K (±1% cap)
NOI $21,977 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Pharmacy Spa & Massage Center Grocery & Convenience Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,158
Businesses Nearby

Demographics for 92201, CA

66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer laminate flooring and assigned parking in a downtown setting.
Where is this duplex located?
The property is located at 45741 Smurr Street Indio, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Duplex with 1,048 square feet of property size; Four bedrooms and two bathrooms; 0.17‑acre lot at 45741 Smurr Street
More about this property
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