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    Menifee, CA
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    Menifee, CA Multifamily Properties for Sale

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    Menifee Multifamily Property with Development Potential
    Updated: Mar 10
    Menifee Multifamily Property with Development Potential

    30640 Old Windmill Rd, Menifee, CA 92584

    $1,600,000
    1,875 sqft 1.14 AC lot
    Located in Menifee's Economic Development Corridor 'Community Core' offering development potential.
    Features two manufactured homes, a duplex, and a detached 4‑car garage on approximately 1.25 acres.
    Main home is a 1,875 sq ft 4‑bedroom, 2‑bath manufactured home on a permanent foundation.
    Duplex includes two 2‑bedroom units (approximately 1,000 sq ft each).
    Second manufactured home has 2 bedrooms and 2 baths.
    View details
    Quadplex Residential Income Property
    Updated: Dec 10, 2024
    Quadplex Residential Income Property

    30640 Old Windmill Road, Menifee, CA 92584

    $1,600,000
    1.14 AC lot
    8 bedrooms and 6 bathrooms
    Central heating
    Central air conditioning
    Laundry room included
    Year built: 1981
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    Affordable Home in Senior Community
    Affordable Home in Senior Community

    27701 Murrieta 125, Menifee, CA 92586

    $65,000

    Manufactured home in 55+ community with clubhouse and pool.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 3 Active listings in Menifee, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 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.

    Duplex Residential Income Property
    Duplex Residential Income Property

    217 E 5th Street, Perris, CA 92570

    $749,000
    3,147 sqft 0.17 AC lot

    Duplex-style residential income property for sale at 217 E 5th Street with 3,147 SF on a 0.17-acre lot.

    View details
    Wildomar Multifamily Investment Opportunity
    Wildomar Multifamily Investment Opportunity

    21492 Dunn, Wildomar, CA 92595

    $699,900

    Three dwellings with income potential in Wildomar, California.

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    Two Residences, One Lot
    Two Residences, One Lot

    22862 & 22864 Temet, Wildomar, CA 92595

    $975,000

    Two independent, fully permitted residences on one lot, no HOA.

    View details
    6.73 Acres Heavy Industrial Land
    6.73 Acres Heavy Industrial Land

    190 Mapes, Perris, CA 92570

    $4,900,000
    6.73 AC lot

    6.73 acres with heavy industrial zoning, income-producing RV park.

    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.

    Zoned MO Land Parcel
    Zoned MO Land Parcel

    23700 Oak Circle Drive, Wildomar, CA 92595

    $1,150,000
    10.06 AC lot

    Commercial land for sale in Wildomar, zoned MO, offering space for suitable development plans.

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    Lake Elsinore Hillside Lot
    Lake Elsinore Hillside Lot

    Reid Street, Lake Elsinore, CA 92530

    $55,900
    0.21 AC lot

    Hillside lot with mountain views, convenient location, utilities ready.

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    RV Resort Lot with Amenities
    RV Resort Lot with Amenities

    1295 S Cawston Avenue, Hemet, CA 92545

    $82,500
    0.04 AC lot

    RV resort lot in a gated 55+ senior community.

    View details
    Land-Owned RV Lot in Hemet
    Land-Owned RV Lot in Hemet

    1295 S Cawston, Hemet, CA 92545

    $52,000

    Land-owned RV lot in 55+ gated community with amenities.

    View details

    Off-Market Properties in Menifee, CA

    Consider similar Off-Market properties in Menifee, 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.

    27150 Shadel Rd
    MOBILE HOME PARK, TRAILER PARK

    27150 Shadel Rd, Menifee, CA 92586-3302

    $18,390,000
    Estimated value
    4,324 sqft 21.38 AC lot
    View details
    Menifee, CA 92584
    APARTMENT HOUSE (100+ UNITS)

    Menifee, CA 92584

    $1,645,000
    Estimated value
    5,529 sqft 10.90 AC lot
    View details
    27250 Murrieta Rd
    MOBILE HOME PARK, TRAILER PARK

    27250 Murrieta Rd, Menifee, CA 92586-3781

    $1,070,000
    Estimated value
    8,041 sqft 56.68 AC lot
    View details
    27570 Park Plz Ave
    APARTMENT HOUSE (100+ UNITS)

    27570 Park Plz Ave, Menifee, CA 92584-6884

    Value Estimation by Request
    10,839 sqft 4.24 AC lot
    View details
    30414 Town Ctr Dr
    APARTMENT HOUSE (100+ UNITS)

    30414 Town Ctr Dr, Menifee, CA 92584-6870

    Value Estimation by Request
    5,121 sqft 8.47 AC lot
    View details
    28378 Encanto Dr
    APARTMENT HOUSE (5+ UNITS)

    28378 Encanto Dr, Menifee, CA 92586-4503

    $6,645,000
    Estimated value
    3,336 sqft 2.82 AC lot
    View details
    30300 Antelope Rd
    APARTMENT HOUSE (100+ UNITS)

    30300 Antelope Rd, Menifee, CA 92584-9438

    $1,180,000
    Estimated value
    4,900 sqft 19.12 AC lot
    View details
    27701 Murrieta Rd
    MOBILE HOME PARK, TRAILER PARK

    27701 Murrieta Rd, Menifee, CA 92586-6301

    $805,000
    Estimated value
    1,344 sqft 25.96 AC lot
    View details
    27701 Murrieta Rd
    MOBILE HOME PARK, TRAILER PARK

    27701 Murrieta Rd, Menifee, CA 92586-6301

    Value Estimation by Request
    12.71 AC lot
    View details
    30951 Hanover Ln
    APARTMENT HOUSE (100+ UNITS)

    30951 Hanover Ln, Menifee, CA 92584-6629

    $7,225,000
    Estimated value
    33,866 sqft 10.85 AC lot
    View details
    28301 Encanto Dr
    APARTMENT HOUSE (100+ UNITS)

    28301 Encanto Dr, Menifee, CA 92586-3353

    Value Estimation by Request
    960 sqft 5.42 AC lot
    View details
    28377 Encanto Dr
    APARTMENT HOUSE (5+ UNITS)

    28377 Encanto Dr, Menifee, CA 92586-3385

    Value Estimation by Request
    1,247 sqft 6.17 AC lot
    View details
    27757 Aspel Rd
    APARTMENT HOUSE (100+ UNITS)

    27757 Aspel Rd, Menifee, CA 92585-7701

    $1,250,000
    Estimated value
    4,374 sqft 17.09 AC lot
    View details
    28155 Encanto Dr
    APARTMENT HOUSE (100+ UNITS)

    28155 Encanto Dr, Menifee, CA 92586-3218

    $3,135,000
    Estimated value
    14,700 sqft 9.89 AC lot
    View details
    29930 Winter Hawk Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    29930 Winter Hawk Rd, Menifee, CA 92586-4863

    $4,345,000
    Estimated value
    20,710 sqft 4.81 AC lot
    View details
    27601 Sun City Blvd
    MOBILE HOME PARK, TRAILER PARK

    27601 Sun City Blvd, Menifee, CA 92586-2287

    $575,000
    Estimated value
    4,440 sqft 31.22 AC lot
    View details
    27601 Sun City Blvd
    MOBILE HOME PARK, TRAILER PARK

    27601 Sun City Blvd, Menifee, CA 92586-2287

    Value Estimation by Request
    11.66 AC lot
    View details

    Menifee, CA Multifamily Properties Market Trends and Statistics

    Explore 20 multifamily properties for sale in Menifee, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,875 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for multifamily properties in Menifee, CA start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — 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

    Duplexes 1
    Mobile home & RV parks 1
    Quadplexes 1

    Demographics Overview

    Population 162K
    Population Growth (5Y) +14.0%
    Median Household Income $104,292
    College Educated 31.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    92584 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Property Tax per SF $20.42 per SF
    Tax Rate vs County Average 0.03 pp below 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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