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    Banning, CA
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    Banning, CA Multifamily Properties for Sale

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    Duplex With Attached Garage
    Updated: May 4
    Duplex With Attached Garage

    530 GILMAN W, Banning, CA 92220

    $660,000
    2,293 sqft 0.23 AC lot
    Duplex configuration with a four‑bedroom main residence and smaller secondary unit
    2,293 square feet on a 0.23‑acre lot
    Double attached garage
    Central air conditioning and ceramic counters
    Public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    530 GILMAN W, Banning, CA 92220

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $576K
      Suggested

    • Property Type

      Single Family Residence W/ Adu
      Built 1961
    View Property Analytics
    Triplex with Attached Garage
    Updated: Jul 14
    Triplex with Attached Garage

    574 N 6th, Banning, CA 92220

    $599,600
    0.23 AC lot
    0.23‑acre triplex built in 1960 with shingle roof and public water and public sewer
    New interior paint and flooring throughout all three units
    Main residence is a 2‑bedroom, 1‑bath and is currently vacant
    Two 1‑bedroom, 1‑bath units, with one currently vacant and one tenant‑occupied
    Mini‑split HVAC systems in two units plus wall furnace and window/ductless wall units
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    Quadplex One-Bedroom Residence
    Quadplex One-Bedroom Residence

    154 N 1ST, Banning, CA 92220

    Contact for pricing
    400 sqft 0.26 AC lot

    Remodeled one-bedroom, one-bath home with wall furnace and evaporative cooling, served by public water and public sewer.

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    All-Ages Manufactured Home
    All-Ages Manufactured Home

    76-5700 W Wilson St, Banning, CA 92220

    $70,000
    1,248 sqft

    Well-maintained all-ages manufactured home with 2 bedrooms, 2 bathrooms, carport, and central heating and air.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    New Construction Duplex With Renovated Second Unit
    New Construction Duplex With Renovated Second Unit

    497 Martin Street, Banning, CA 92220

    $599,000
    0.15 AC lot

    New 2024 duplex with central heating and public utilities, featuring a renovated second 2-bedroom unit.

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    Duplex With Two Private Units
    Duplex With Two Private Units

    162 N 3rd, Banning, CA 92220

    $415,000
    0.14 AC lot

    Duplex built in 1915 with separate electric and gas meters, public utilities, and window or wall cooling units.

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    Updated Triplex with Attached Garage
    Updated Triplex with Attached Garage

    574 N 6th, Banning, CA 92220

    $599,600

    Three residential units offer flexible occupancy, updated interiors, separate utility metering, and on-site laundry.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    5761 W Ramsey, Banning, CA 92220

    $880,000

    Zoned for combined business and residential use with apartments connected to the commercial space.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Banning, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    Upgraded 2-Bedroom Senior Home
    Upgraded 2-Bedroom Senior Home

    355-10961 Desert Lawn Dr, Calimesa, CA 92320

    $269,000
    1,736 sqft

    Move-in ready 2-bedroom plus den, 2-bath home with newer roof and updates throughout in an active 55+ community.

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    55+ Mobile Home in Community
    55+ Mobile Home in Community

    975 California St, Calimesa, CA 92320

    $109,900
    1,344 sqft

    Spacious 2-bedroom, 2-bath mobile home with covered porch, private patio, carport, and community clubhouse and pool.

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    Duplex on One Lot with Two 2-Bed Homes
    Duplex on One Lot with Two 2-Bed Homes

    974 Edgar Avenue, Beaumont, CA 92223

    $650,000
    0.22 AC lot

    Two separate residences on one lot with forced-air HVAC, central air, and shared water service with separate electric and gas meters.

    View details
    12-Unit Apartment Building
    12-Unit Apartment Building

    677 Magnolia Avenue, Beaumont, CA 92223

    Contact for pricing

    Twelve one- and two-bedroom units with on-site parking in Beaumont.

    View details

    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
    Cabazon Land For Sale

    24 AKA D Street, Cabazon, CA 92230

    Contact for pricing
    0.10 AC lot

    Land for sale in Cabazon, Riverside County.

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    Residential Land in Cabazon, CA
    Residential Land in Cabazon, CA

    23 AKA D Street, Cabazon, CA 92230

    Contact for pricing
    0.10 AC lot

    Land for sale near Morongo Casino and Palm Springs.

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    Cabazon Land/Lot For Sale
    Cabazon Land/Lot For Sale

    22 AKA D Street, Cabazon, CA 92230

    Contact for pricing
    0.10 AC lot

    Land for sale in Cabazon, Riverside County, California.

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    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details

    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

    46305 Poppet Flts Rd, Banning, CA 92220-9636

    $1,210,000
    Estimated value
    2,041 sqft 388.79 AC lot
    View details
    5231 Wilson St
    APARTMENT HOUSE (5+ UNITS)

    5231 Wilson St, Banning, CA 92220-3203

    $565,000
    Estimated value
    6,000 sqft 0.32 AC lot
    View details
    675 Williams St
    APARTMENT HOUSE (5+ UNITS)

    675 Williams St, Banning, CA 92220-4716

    Value Estimation by Request
    7,104 sqft 0.89 AC lot
    View details
    729 Williams St
    APARTMENT HOUSE (5+ UNITS)

    729 Williams St, Banning, CA 92220-4700

    Value Estimation by Request
    7,680 sqft 0.73 AC lot
    View details
    343 2nd St
    APARTMENT HOUSE (5+ UNITS)

    343 2nd St, Banning, CA 92220-4771

    $325,000
    Estimated value
    1,712 sqft 0.27 AC lot
    View details
    1260 Williams St
    APARTMENT HOUSE (5+ UNITS)

    1260 Williams St, Banning, CA 92220-4460

    $405,000
    Estimated value
    1,188 sqft 0.87 AC lot
    View details
    1424 Williams St
    APARTMENT HOUSE (5+ UNITS)

    1424 Williams St, Banning, CA 92220-5865

    $665,000
    Estimated value
    3,227 sqft 0.34 AC lot
    View details
    1420 Williams St
    APARTMENT HOUSE (5+ UNITS)

    1420 Williams St, Banning, CA 92220-5816

    $2,020,000
    Estimated value
    3,227 sqft 0.40 AC lot
    View details
    1939 Ramsey St Sta, Unit A
    MOBILE HOME PARK, TRAILER PARK

    1939 Ramsey St Sta, Banning, CA 92220-4236

    Unit A
    $430,000
    Estimated value
    1,680 sqft 1.23 AC lot
    View details
    3649 Ramsey St
    MOBILE HOME PARK, TRAILER PARK

    3649 Ramsey St, Banning, CA 92220

    $325,000
    Estimated value
    660 sqft 1.94 AC lot
    View details
    333 Murray St
    APARTMENT HOUSE (5+ UNITS)

    333 Murray St, Banning, CA 92220-5514

    $330,000
    Estimated value
    1,080 sqft 0.28 AC lot
    View details
    1279 Williams St
    APARTMENT HOUSE (5+ UNITS)

    1279 Williams St, Banning, CA 92220-4436

    $825,000
    Estimated value
    936 sqft 0.77 AC lot
    View details
    1646 Williams St
    APARTMENT HOUSE (5+ UNITS)

    1646 Williams St, Banning, CA 92220-4034

    $870,000
    Estimated value
    2,975 sqft 0.22 AC lot
    View details
    721 Sunset Ave
    MOBILE HOME PARK, TRAILER PARK

    721 Sunset Ave, Banning, CA 92220-3659

    $90,000
    Estimated value
    3,330 sqft 13.18 AC lot
    View details
    726 Nicolet St
    APARTMENT HOUSE (5+ UNITS)

    726 Nicolet St, Banning, CA 92220-4673

    $415,000
    Estimated value
    10,880 sqft 0.47 AC lot
    View details
    1901 Ramsey St
    MOBILE HOME PARK, TRAILER PARK

    1901 Ramsey St, Banning, CA 92220-4236

    $360,000
    Estimated value
    1,584 sqft 1.24 AC lot
    View details

    Banning, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Banning, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 3,941 square feet of properties for sale, with an estimated market value of $3,823,200.

    Sale prices for multifamily properties in Banning, CA start at $70,000, averaging $546,171, and reaching up to $880,000 — 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 4
    Duplexes 3
    Triplexes 3
    Quadplexes 2

    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 $361.5K

    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%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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