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    Banning, CA Multifamily Properties for Sale

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    Fenced Duplex with Detached Garage
    Updated: Jul 16
    Fenced Duplex with Detached Garage

    162 N 3rd, Banning, CA 92220

    $430,000
    1,252 sqft 0.14 AC lot
    Two separate units: 1 bedroom/1 bathroom front residence and 2 bedroom/1 bathroom rear residence
    1,252 square feet on a 0.14‑acre fully fenced lot
    Individual electric and gas meters for each unit
    Detached two‑car garage plus separate laundry room
    Front unit includes a private fenced yard and four dedicated parking spaces
    View details
    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
    2,293 SF duplex on a 0.23‑acre lot
    Four‑bedroom main residence with a separate smaller unit
    Three bathrooms plus a dedicated laundry room
    Double attached garage
    Central air conditioning and ceramic countertops
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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    5761 W Ramsey, Banning, CA 92220

    $880,000
    1,880 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    333 North Murray Street, Banning, CA 92220

    $1,095,000

    Unit mix includes studios and one- and two-bedroom apartments.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Banning, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Turn-Key 3BR Manufactured Home
    Turn-Key 3BR Manufactured Home

    55-2230 Lake Park Dr, San Jacinto, CA 92583

    $169,000
    1,600 sqft

    Move-in-ready 3 bed, 2 bath manufactured home with upgraded kitchen and new flooring in a 55+ community.

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    Lakefront Park Home
    Lakefront Park Home

    153-2230 Lake Park Dr, San Jacinto, CA 92583

    $130,000
    1,536 sqft

    Two-bedroom residence in a 55+ community with lake views, multiple living areas, and a screened outdoor patio.

    View details
    40-Unit Townhouse Apartment Community
    40-Unit Townhouse Apartment Community

    1-40-703 Allegheny St, Beaumont, CA 92223

    $11,995,000
    2.45 AC lot

    Townhouse units feature private multi-car garages and access to a pool, spa, playground, and BBQ area.

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    Four-Unit Quadplex with Carports
    Four-Unit Quadplex with Carports

    802 Magnolia, Beaumont, CA 92223

    $900,000

    Individually metered units with separate entrances, enclosed yards, laundry hookups, and recent building-system improvements.

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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
    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.

    View details
    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

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

    5231 Wilson St, Banning, CA 92220-3203

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

    675 Williams St, Banning, CA 92220-4716

    Estimated value:
    No data
    7,104 sqft 0.89 AC lot
    View details
    729 Williams St
    APARTMENT HOUSE (5+ UNITS)

    729 Williams St, Banning, CA 92220-4700

    Estimated value:
    No data
    7,680 sqft 0.73 AC lot
    View details
    343 2nd St
    APARTMENT HOUSE (5+ UNITS)

    343 2nd St, Banning, CA 92220-4771

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

    1260 Williams St, Banning, CA 92220-4460

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

    1424 Williams St, Banning, CA 92220-5865

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

    1420 Williams St, Banning, CA 92220-5816

    Estimated value:
    $2,020,000
    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
    Estimated value:
    $430,000
    1,680 sqft 1.23 AC lot
    View details
    3649 Ramsey St
    MOBILE HOME PARK, TRAILER PARK

    3649 Ramsey St, Banning, CA 92220

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

    333 Murray St, Banning, CA 92220-5514

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

    1279 Williams St, Banning, CA 92220-4436

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

    1646 Williams St, Banning, CA 92220-4034

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

    721 Sunset Ave, Banning, CA 92220-3659

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

    726 Nicolet St, Banning, CA 92220-4673

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

    1901 Ramsey St, Banning, CA 92220-4236

    Estimated value:
    $360,000
    1,584 sqft 1.24 AC lot
    View details
    5059 Wilson St
    APARTMENT HOUSE (5+ UNITS)

    5059 Wilson St, Banning, CA 92220-3267

    Estimated value:
    $16,595,000
    9,276 sqft 1.13 AC lot
    View details
    208 Nicolet St
    APARTMENT HOUSE (5+ UNITS)

    208 Nicolet St, Banning, CA 92220

    Estimated value:
    $375,000
    1,445 sqft 0.17 AC lot
    View details
    233 Nicolet St
    APARTMENT HOUSE (5+ UNITS)

    233 Nicolet St, Banning, CA 92220-4698

    Estimated value:
    $4,740,000
    3,892 sqft 1.16 AC lot
    View details
    2200 Wilson St
    MOBILE HOME PARK, TRAILER PARK

    2200 Wilson St, Banning, CA 92220-3900

    Estimated value:
    $22,960,000
    3,820 sqft 20.62 AC lot
    View details

    Banning, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Banning, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,425 square feet of properties for sale, with an estimated market value of $3,065,000.

    Sale prices for multifamily properties in Banning, CA start at $430,000, averaging $766,250, and reaching up to $1,095,000 — 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
    Apartment buildings 1
    Quadplexes 1
    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 $766.3K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Riverside County

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