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New Construction Duplex With Renovated Second Unit
For Sale
$599,000

497 Martin Street, Banning, CA 92220

MULTI_FAMILY - Banning, CA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market200

Property Features for 497 Martin Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
Subdivision Other (OTHR)
Lot features 0-1 Unit/ Acre
Directions 10 Freeway East, exit Hargrave St
Standard status Active
APN 541350007
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Building Details

Year built 2024
Floors in Building 1
Number of units 2
Listing Agency: HC Realty Group
Listed By: Hugo Contreras · License #01082884
Added: Jan 29 Changed: Aug 11 Last Checked: Aug 17 at 3:06AM
MLS# DW26021718

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.

Investment Insights

Based on property information with market context.

New construction duplex built in 2024, featuring two 2-bedroom units. One unit is newly built, and the second unit is described as completely renovated. The property includes central heating and is served by public water and public sewer.

The duplex is located at 497 Martin Street in Banning, California (Riverside County). The public remarks describe the area as up-and-coming and note proximity to freeway access, schools, and shopping.

Interior room information includes four bedrooms and two bathrooms across the layout as presented, supporting a two-unit residential income configuration suited for both owner-occupants and investors.

Key Highlights

  • Duplex built in 2024 with two 2‑bedroom units
  • Completely renovated 2‑bedroom second unit
  • Central heating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Spa & Massage Center Cafe & Coffee Shop

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby

Demographics for 92220, CA

32,947
Population
13,258
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
141.3 sq mi
ZIP Area
233
Density / Sq Mi
$59,116
Median Household Income
$35,428
Median Earnings
$1,499
Median Rent
$324,800
Median Home Value

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 - New 2024 duplex with central heating and public utilities, featuring a renovated second 2-bedroom unit.
Where is this duplex located?
The property is located at 497 Martin Street Banning, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Duplex built in 2024 with two 2‑bedroom units; Completely renovated 2‑bedroom second unit; Central heating
More about this property
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