Multifamily

Palm Springs, CA Multifamily Properties for Sale

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30 properties
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Bungalow-Style Triplex
Updated: Sep 25
Bungalow-Style Triplex

1419 E San Jacinto Way, Palm Springs, CA 92262

$1,095,000
2,271 sqft 0.17 AC lot
Three‑unit mix: 2‑bedroom/2‑bath, 1‑bedroom/1‑bath, and studio casita with 1 bathroom
2,271 square feet on a 0.17‑acre parcel
Each residence has separate gas and electric meters
All units are rented month‑to‑month; owner pays water and trash
Foam roof installed on both structures in 2021; exterior painted in 2022
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Triplex with Bungalow Character
Updated: Sep 25
Triplex with Bungalow Character

1419 E San Jacinto Way, Palm Springs, CA 92262

$1,095,000
2,271 sqft 0.17 AC lot
Three units: 2‑bedroom/2‑bath, 1‑bedroom/1‑bath, and studio with one bathroom
2,271 square feet on a 0.17‑acre parcel
Separate gas and electric meters for all three residences
Month‑to‑month tenancies; owner pays water and trash
Private fenced yards, patios, fireplaces, and driveway, street, and guest parking
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Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

521 Desert Way, Palm Springs, CA 92264

$1,357,900
3,900 sqft 0.23 AC lot

R2-zoned property includes assigned parking, central air, a private pool, and a spa.

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11-Unit Apartment Building
11-Unit Apartment Building

2080 S Camino Real, Palm Springs, CA 92264

$2,495,000
8,100 sqft 0.50 AC lot

Fully leased, single-story property with gated parking, a pool, and shared laundry amenities.

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Spanish-Style Triplex with Pool
Spanish-Style Triplex with Pool

3760 El Dorado Boulevard, Palm Springs, CA 92262

$1,550,000
3,351 sqft 0.22 AC lot

Fully leased three-unit property with balconies, a private yard, and shared pool and spa amenities.

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Four-Unit Quadplex with Private Yards
Four-Unit Quadplex with Private Yards

587 El Placer Road, Palm Springs, CA 92264

$1,050,000
0.26 AC lot

Two apartments are occupied, and the enclosed common grounds include landscaped paths and outdoor gathering areas.

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Spanish-Style Triplex with Pool
Spanish-Style Triplex with Pool

3760 El Dorado Boulevard, Palm Springs, CA 92262

$1,550,000
0.22 AC lot

Fully leased residential property with private outdoor areas, mountain views, and central heating and cooling.

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4-Unit Apartment Building
4-Unit Apartment Building

965 E Vista Chino, Palm Springs, CA 92262

$1,190,000
4,372 sqft 0.18 AC lot

Each residence includes a private patio, in-unit laundry, and an enclosed garage.

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7-Unit Apartment Building
7-Unit Apartment Building

238 S Saturmino, Palm Springs, CA 92262

$1,688,000

Apartment property with wall and window cooling units.

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Remodeled Palm Springs Quadplex
Remodeled Palm Springs Quadplex

2286 N Junipero Ave, Palm Springs, CA 92262

$1,500,000
4,928 sqft

Palm Springs four-unit property with varied layouts, a private pool, dedicated parking, and app-controlled onsite laundry.

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3-Unit Triplex with Casita
3-Unit Triplex with Casita

1419 E San Jacinto Way, Palm Springs, CA 92262

$1,095,000
2,271 sqft

Three distinct residences include private outdoor areas, fireplaces, and separately metered gas and electric service.

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Updated Duplex with Pool and Spa
Updated Duplex with Pool and Spa

2-221 Avenida Ortega, Palm Springs, CA 92264

$795,000
1,624 sqft 0.17 AC lot

Two detached residences feature refreshed interiors, private parking, and access to an in-ground pool and spa.

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Palm Springs Multifamily Investment Opportunity
Palm Springs Multifamily Investment Opportunity

3737 E Calle De Carlos, Palm Springs, CA 92264

$799,000
3,800 sqft 0.23 AC lot

Five-unit income property in Palm Springs' Demuth Park submarket.

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Palm Springs 7-Unit Apartment Complex
Palm Springs 7-Unit Apartment Complex

238 S Saturmino, Palm Springs, CA 92262

$1,688,000
5,733 sqft

7-unit apartment complex in desirable Palm Springs location.

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Updated Duplex with Private Pool
Updated Duplex with Private Pool

1328 E Camino Primrose, Palm Springs, CA 92264

$869,000
1,393 sqft

Two separate residences include dedicated outdoor areas, with one offering a pool and spa.

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Remodeled Mobile Home
Remodeled Mobile Home

31 Black Hawk Street, Palm Springs, CA 92264

$134,900
624 sqft

Updated one-bedroom residence with private fenced outdoor space, covered parking, and access to community recreation amenities.

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Two-Bedroom 55+ Gated Mobile Home
Two-Bedroom 55+ Gated Mobile Home

133 Sage Dr, Palm Springs, CA 92264

$318,000
1,464 sqft

Remodeled two-bedroom, two-bath home with energy-efficient windows, quartz counters, and a private patio on the green belt.

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Residential Income Property
Residential Income Property

145 Calle Arriba, Palm Springs, CA 92264

$175,000
1,392 sqft

Residential income property at 145 Calle Arriba in Palm Springs, CA 92264.

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Single-Story 10-Unit Apartment Building
Single-Story 10-Unit Apartment Building

2200 E Sahara Rd, Palm Springs, CA 92262

$1,695,000
0.57 AC lot

A fully occupied 10-unit, single-story apartment property with studio and one-bedroom layouts plus an on-site laundry facility.

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8-Unit Mixed-Use Property
8-Unit Mixed-Use Property

2231 N Palm Canyon Dr, Palm Springs, CA 92262

$1,250,000

Remodeled residences and a commercial storefront occupy a visible Palm Springs commercial corridor.

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Duplex with Private Pool
Duplex with Private Pool

111 Canyon Rock Rd, Palm Springs, CA 92264

$649,000
2,096 sqft

Two-unit property pairing a three-bedroom residence with a separate one-bedroom living space in South Palm Springs.

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Renovated 5-Unit Multifamily Property
Renovated 5-Unit Multifamily Property

521 Desert Way, Palm Springs, CA 92264

$1,357,900

Renovated 5-unit apartment building offered with three long-term residents and R2 zoning flexibility subject to city approval.

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24-Unit Apartment Community with Pools
24-Unit Apartment Community with Pools

1433 1455 N Indian Canyon Drive, Palm Springs, CA 92262

$3,500,000

Sunset Palms Apartments offers studios, one- and two-bedroom units with upgraded interiors, plus two gated pool courtyards and open parking.

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Triplex with Private Patios
Triplex with Private Patios

610 S Calle Palo Fierro, Palm Springs, CA 92264

$1,090,000

Triplex featuring three 1-bedroom, 1-bath units with private patios, upgraded kitchens, and a courtyard with firepit.

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Palm Springs, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Palm Springs, CA, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 50,590 square feet of properties for sale, with an estimated market value of $49,936,700.

Sale prices for multifamily properties in Palm Springs, CA start at $134,900, averaging $1,664,556, and reaching up to $7,500,000 — 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

Apartment buildings 14
Triplexes 7
Mobile home & RV parks 6
Quadplexes 5
Duplexes 4

Demographics Overview

Population 46K
Population Growth (5Y) -3.4%
Median Household Income $72,583
College Educated 32.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
92264 $1.5M
92262 $1.8M

Taxes & Financing

Tax Rate (average for all types) 1.39%
Property Tax per SF $15.19 per SF
Tax Rate vs County Average 0.20 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)

Property Size Breakdown

The majority of commercial real estate listings in Palm Springs fall within the 10,000 to 25,000 square foot range.

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