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    Banning, CA Multifamily Properties for Sale

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    Cabazon, CA Beaumont, CA Cherry Valley, CA
    Duplex with Two Renovated Units
    $599,000
    1,400 SF
    Duplex with Two Renovated Units

    497 Martin Street, Banning, CA 92220

    New 2024 duplex offering two 2-bedroom units, suited for investor or owner-occupant versatility.
    • New construction duplex built in 2024
    • Two 2‑bedroom units
    • Each unit is approximately 700 sq. ft.
    • Second unit is completely renovated
    • Duplex designed for investor or owner‑occupant versatility
    Updated: Jan 30
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    Triplex in Banning, California
    $599,000
    0.15 Acres
    Triplex in Banning, California

    263 N Evans, Banning, CA 92220

    Triplex with separate meters, investment or owner-occupancy opportunity.
    • Excellent investment opportunity with three separate units.
    • Potential to live in one unit and rent out the other two.
    • Three separate gas and electric meters for easy tenant billing.
    • Low owner expenses as the owner only pays for water.
    • Mini‑split systems in each unit for individual climate control.
    Updated: Mar 31
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Banning, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Beaumont Multifamily Investment Opportunity
    $2,400,000
    7,089 SF
    Beaumont Multifamily Investment Opportunity

    Well-maintained 12-unit apartment complex in a high-growth area.

    677 Magnolia Avenue, Beaumont, CA 92223

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    Mixed-Use Property with Street Frontage
    $399,000
    2,897 SF
    Mixed-Use Property with Street Frontage

    Street-front commercial space plus two apartments provides flexible live-work or rental income potential.

    167 E 6th Street, Beaumont, CA 92223

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    Spacious Duplex with Separate Units
    $775,000
    Spacious Duplex with Separate Units

    Rare duplex with two separate units, ideal for investment.

    165 N Alessandro Avenue, San Jacinto, CA 92583

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    Updated Home in 55+ Community
    $42,900
    Updated Home in 55+ Community

    Updated 1-bedroom home in a vibrant, rent-controlled 55+ community.

    1600 San Jacinto 82, San Jacinto, CA 92583

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cabazon Land For Sale
    Contact for pricing
    0.10 Acres
    Cabazon Land For Sale

    Land for sale in Cabazon, Riverside County, one-tenth of acre.

    8 AKA A Street, Cabazon, CA 92230

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    Cabazon Land For Sale
    Contact for pricing
    0.10 Acres
    Cabazon Land For Sale

    Land for sale in Cabazon, Riverside County. One-tenth of an acre.

    9 AKA A, Cabazon, CA 92230

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    Cabazon Land For Sale
    Contact for pricing
    0.10 Acres
    Cabazon Land For Sale

    Land for sale in Cabazon, Riverside County.

    24 AKA D Street, Cabazon, CA 92230

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    Residential Land in Cabazon, CA
    Contact for pricing
    0.10 Acres
    Residential Land in Cabazon, CA

    Land for sale near Morongo Casino and Palm Springs.

    23 AKA D Street, Cabazon, CA 92230

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    Off-Market Properties in Banning, CA

    Consider similar Off-Market properties in Banning, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    46305 Poppet Flts Rd
    MOBILE HOME PARK, TRAILER PARK
    2,041 SF Lot: 388.79 Acres
    Estimated value
    $1,210,000

    46305 Poppet Flts Rd, Banning, CA 92220-9636

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    5231 Wilson St
    APARTMENT HOUSE (5+ UNITS)
    6,000 SF Lot: 0.32 Acres
    Estimated value
    $680,000

    5231 Wilson St, Banning, CA 92220-3203

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    675 Williams St
    APARTMENT HOUSE (5+ UNITS)
    7,104 SF Lot: 0.89 Acres
    Value Estimation by Request

    675 Williams St, Banning, CA 92220-4716

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    729 Williams St
    APARTMENT HOUSE (5+ UNITS)
    7,680 SF Lot: 0.73 Acres
    Value Estimation by Request

    729 Williams St, Banning, CA 92220-4700

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    343 2nd St
    APARTMENT HOUSE (5+ UNITS)
    1,712 SF Lot: 0.27 Acres
    Value Estimation by Request

    343 2nd St, Banning, CA 92220-4771

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    1260 Williams St
    APARTMENT HOUSE (5+ UNITS)
    1,188 SF Lot: 0.87 Acres
    Value Estimation by Request

    1260 Williams St, Banning, CA 92220-4460

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    1424 Williams St
    APARTMENT HOUSE (5+ UNITS)
    3,227 SF Lot: 0.34 Acres
    Estimated value
    $790,000

    1424 Williams St, Banning, CA 92220-5865

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    1420 Williams St
    APARTMENT HOUSE (5+ UNITS)
    3,227 SF Lot: 0.40 Acres
    Estimated value
    $1,435,000

    1420 Williams St, Banning, CA 92220-5816

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    1939 Ramsey St Sta, Unit A
    MOBILE HOME PARK, TRAILER PARK
    1,680 SF Lot: 1.23 Acres
    Value Estimation by Request
    Unit A

    1939 Ramsey St Sta, Banning, CA 92220-4236

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    3649 Ramsey St
    MOBILE HOME PARK, TRAILER PARK
    660 SF Lot: 1.94 Acres
    Value Estimation by Request

    3649 Ramsey St, Banning, CA 92220

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    333 Murray St
    APARTMENT HOUSE (5+ UNITS)
    1,080 SF Lot: 0.28 Acres
    Value Estimation by Request

    333 Murray St, Banning, CA 92220-5514

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    1279 Williams St
    APARTMENT HOUSE (5+ UNITS)
    936 SF Lot: 0.77 Acres
    Estimated value
    $740,000

    1279 Williams St, Banning, CA 92220-4436

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    1646 Williams St
    APARTMENT HOUSE (5+ UNITS)
    2,975 SF Lot: 0.22 Acres
    Estimated value
    $805,000

    1646 Williams St, Banning, CA 92220-4034

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    721 Sunset Ave
    MOBILE HOME PARK, TRAILER PARK
    3,330 SF Lot: 13.18 Acres
    Value Estimation by Request

    721 Sunset Ave, Banning, CA 92220-3659

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    726 Nicolet St
    APARTMENT HOUSE (5+ UNITS)
    10,880 SF Lot: 0.47 Acres
    Estimated value
    $2,930,000

    726 Nicolet St, Banning, CA 92220-4673

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    1901 Ramsey St
    MOBILE HOME PARK, TRAILER PARK
    1,584 SF Lot: 1.24 Acres
    Value Estimation by Request

    1901 Ramsey St, Banning, CA 92220-4236

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    5059 Wilson St
    APARTMENT HOUSE (5+ UNITS)
    9,276 SF Lot: 1.13 Acres
    Estimated value
    $12,920,000

    5059 Wilson St, Banning, CA 92220-3267

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    208 Nicolet St
    APARTMENT HOUSE (5+ UNITS)
    1,445 SF Lot: 0.17 Acres
    Value Estimation by Request

    208 Nicolet St, Banning, CA 92220

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    233 Nicolet St
    APARTMENT HOUSE (5+ UNITS)
    3,892 SF Lot: 1.16 Acres
    Estimated value
    $3,120,000

    233 Nicolet St, Banning, CA 92220-4698

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    2200 Wilson St
    MOBILE HOME PARK, TRAILER PARK
    3,820 SF Lot: 20.62 Acres
    Estimated value
    $20,890,000

    2200 Wilson St, Banning, CA 92220-3900

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    3171 George St
    APARTMENT HOUSE (5+ UNITS)
    1,596 SF Lot: 0.23 Acres
    Estimated value
    $1,040,000

    3171 George St, Banning, CA 92220

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    3131 George St
    APARTMENT HOUSE (5+ UNITS)
    4,608 SF Lot: 0.21 Acres
    Value Estimation by Request

    3131 George St, Banning, CA 92220-3649

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    Banning, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Banning, CA on our real estate platform. These investment opportunities span a total of 1,400 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for multifamily properties in Banning, CA start at $599,000, averaging $599,000, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 3
    Duplexes 2
    Triplexes 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +1.3%
    Median Household Income $59,116
    College Educated 22.9%

    High-Yield Neighborhoods for Investment

    Identify Banning submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92220 $599K

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $25.32 per SF
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

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