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    Perris, CA Multifamily Properties for Sale

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    Menifee, CA Nuevo, CA Canyon Lake, CA Homeland, CA Riverside, CA Lake Elsinore, CA Moreno Valley, CA Hemet, CA
    Duplex Investment Property
    Updated: Jan 26
    Duplex Investment Property

    23390 Forrest, Perris, CA 92570

    $449,000
    2,286 sqft 0.97 AC lot
    Built in 1962
    Central heating and central air conditioning
    Fireplace on‑site
    Public water service
    Parking includes a carport and driveway
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    This listing looks promising.

    Here's a quick look at some key insights for

    23390 Forrest, Perris, CA 92570

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $574K
      Above asking

    • Property Type

      Single Family Residence
      Built 1962
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    Duplex Residential Income Property
    Updated: May 3
    Duplex Residential Income Property

    217 E 5th Street, Perris, CA 92570

    $749,000
    3,147 sqft 0.17 AC lot
    Built in 2004 with central heating and central air
    7 bedrooms and 5 bathrooms
    Public water supply and public sewer
    Includes a dedicated laundry room
    Bedroom and bathroom layout includes Bedrooms 1–7 and Bathrooms 1–5
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    Light-Industrial Zoned Multifamily Property
    Light-Industrial Zoned Multifamily Property

    4439 Wade Avenue, Perris, CA 92571

    $1,250,000
    6,150 sqft 1.10 AC lot

    1.1-acre light-industrial zoned parcel with five existing units.

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    Two-Home Residential Compound
    Two-Home Residential Compound

    875 Wilson, Perris, CA 92571

    $775,000

    Two independent single-story homes on one fully usable lot, supporting live-in and rental flexibility.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Perris, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Mixed-Use Zoned Land Parcel
    Mixed-Use Zoned Land Parcel

    25767 Alessandro Boulevard, Moreno Valley, CA 92553

    $585,000
    0.54 AC lot

    Small mixed-use zoned parcel in Moreno Valley, CA, offering flexibility for compatible development uses.

    View details
    Menifee Multifamily Property with Development Potential
    Menifee Multifamily Property with Development Potential

    30640 Old Windmill Rd, Menifee, CA 92584

    $1,600,000
    1,875 sqft 1.14 AC lot

    Multifamily property with development potential in Menifee's Economic Development Corridor.

    View details
    Impeccably Maintained Dual-Unit Property
    Impeccably Maintained Dual-Unit Property

    13874 Mcdonnell, Moreno Valley, CA 92553

    $775,000

    Single-level duplex with modern amenities, ideal for investors or homeowners.

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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

    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.

    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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    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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    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 Perris, CA

    Consider similar Off-Market properties in Perris, 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.

    1785 Perris Blvd
    APARTMENT HOUSE (5+ UNITS)

    1785 Perris Blvd, Perris, CA 92571-2740

    $1,985,000
    Estimated value
    1,929 sqft 0.26 AC lot
    View details
    340 8th St
    APARTMENT HOUSE (5+ UNITS)

    340 8th St, Perris, CA 92570-2365

    Value Estimation by Request
    3,080 sqft 0.16 AC lot
    View details
    2700 Perris Blvd
    APARTMENT HOUSE (100+ UNITS)

    2700 Perris Blvd, Perris, CA 92571-3234

    $8,200,000
    Estimated value
    5,142 sqft 15.15 AC lot
    View details
    22200 Riv Rd
    MOBILE HOME PARK, TRAILER PARK

    22200 Riv Rd, Perris, CA 92570-8654

    Value Estimation by Request
    1,024 sqft 10.00 AC lot
    View details
    474 F St
    APARTMENT HOUSE (5+ UNITS)

    474 F St, Perris, CA 92570-2467

    $1,520,000
    Estimated value
    8,136 sqft 0.69 AC lot
    View details
    306 Rider St
    APARTMENT HOUSE (5+ UNITS)

    306 Rider St, Perris, CA 92571-4650

    Value Estimation by Request
    1,409 sqft 0.74 AC lot
    View details
    403 B St
    APARTMENT HOUSE (5+ UNITS)

    403 B St, Perris, CA 92570-2052

    $500,000
    Estimated value
    1,516 sqft 0.16 AC lot
    View details
    271 4th St
    APARTMENT HOUSE (5+ UNITS)

    271 4th St, Perris, CA 92570-2010

    Value Estimation by Request
    589 sqft 0.16 AC lot
    View details
    21140 Senola Ave
    APARTMENT HOUSE (5+ UNITS)

    21140 Senola Ave, Perris, CA 92570-8968

    $745,000
    Estimated value
    2,080 sqft 0.95 AC lot
    View details
    27160 Irma St
    APARTMENT HOUSE (5+ UNITS)

    27160 Irma St, Perris, CA 92570

    $790,000
    Estimated value
    200 sqft 1.79 AC lot
    View details
    342 Wilkerson Ave
    APARTMENT HOUSE (5+ UNITS)

    342 Wilkerson Ave, Perris, CA 92570-2271

    $3,330,000
    Estimated value
    16,360 sqft 1.35 AC lot
    View details
    18100 Hwy 395
    MOBILE HOME PARK, TRAILER PARK

    18100 Hwy 395, Perris, CA 92571

    $2,250,000
    Estimated value
    344 sqft 1.46 AC lot
    View details
    150 Nuevo Rd
    APARTMENT HOUSE (5+ UNITS)

    150 Nuevo Rd, Perris, CA 92571-2932

    Value Estimation by Request
    1,989 sqft 4.61 AC lot
    View details
    155 10th St
    APARTMENT HOUSE (5+ UNITS)

    155 10th St, Perris, CA 92570-2434

    $685,000
    Estimated value
    1,444 sqft 0.38 AC lot
    View details
    256 6th St
    APARTMENT HOUSE (5+ UNITS)

    256 6th St, Perris, CA 92570-2436

    Value Estimation by Request
    5,988 sqft 0.17 AC lot
    View details
    21825 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    21825 Cedar St, Perris, CA 92570-9826

    Value Estimation by Request
    1,096 sqft 2.52 AC lot
    View details
    1204 Perris Blvd
    APARTMENT HOUSE (5+ UNITS)

    1204 Perris Blvd, Perris, CA 92570

    $1,160,000
    Estimated value
    5,664 sqft 6.03 AC lot
    View details
    151 5th St
    APARTMENT HOUSE (5+ UNITS)

    151 5th St, Perris, CA 92570-2156

    $580,000
    Estimated value
    2,664 sqft 0.34 AC lot
    View details
    225 G St
    APARTMENT HOUSE (5+ UNITS)

    225 G St, Perris, CA 92570-2274

    $1,295,000
    Estimated value
    7,056 sqft 0.85 AC lot
    View details

    Perris, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Perris, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,150 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for multifamily properties in Perris, CA start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — 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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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 117K
    Population Growth (5Y) +0.3%
    Median Household Income $81,756
    College Educated 7.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    92571 $1.1M
    92570 $4.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Property Tax per SF $19.44 per SF
    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 Perris fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Perris, CA

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