Riverside County, CA Multifamily Properties for Sale

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Updated: Jan 7

Vacant Triplex Ready to Rent

29395 Avenida La Paz, Cathedral City, CA 92234

$850,000

4,442 sqft 0.19 AC lot

Vacant triplex at 29395 Avenida La Paz, delivered vacant and ready to rent
Unit mix: two 3BD/2BA units and one 2BD/1BA unit with a bonus room
Potential rental income ranges listed: $2,500–$3,500/month per 3BD/2BA unit and $1,500–$2,300/month for the 2BD/1BA with bonus room
Potential gross monthly income listed as $6,500–$10,300/month
Central heating and central air conditioning

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This listing looks promising.

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29395 Avenida La Paz, Cathedral City, CA 92234

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Est. Cap Rate

9.2%
Above avg (5.9%)
Est. NOI

$78K
Annual
Price @ 7% Cap

$1.11M
Above asking
Property Type

Single Family Residence W/ Adu
Built 1990

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Updated: Apr 9

Mobile Home Park Investment Opportunity

40265 Galindo Court, Indio, CA 92203

$1,325,000

14,600 sqft 2.27 AC lot

Guaranteed rental income through 2041 via a county‑backed housing program
Low‑maintenance investment with minimal owner responsibilities
Tenants own their mobile homes, eliminating repair responsibilities for 12 units
Two additional owner‑owned mobile homes provide separate rental income
Financial details available, including monthly income, expenses, and net operating income (NOI)

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Renovated 5-Unit Apartment Building

521 Desert Way, Palm Springs, CA 92264

$1,357,900

3,900 sqft 0.23 AC lot

Renovated 5-unit apartment building with three long-term residents and R2 zoning in Palm Springs.

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Residential Income Quadplex

962 Monarch, Hemet, CA 92543

$948,000

4,138 sqft 0.26 AC lot

For sale quadplex with approximately 4,138 square feet on a 0.26-acre lot in Hemet, CA.

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Retail and Apartment Multi-Building

13958-13968 Old 215 Frontage Rd., Moreno Valley, CA 92553

$1,235,000

5,488 sqft 0.87 AC lot

Package includes four retail buildings and one apartment building totaling 5,488 SF for sale on 0.87 acres.

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Contemporary Duplex Income Property

974 Edgar, Beaumont, CA 92223

$650,000

1,781 sqft 0.22 AC lot

Contemporary duplex income property for sale at 974 Edgar in Beaumont, CA, with 1,781 SF on a 0.22-acre lot.

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Two-Unit Duplex with Fenced Yards

33085 Wishing Well Trail, Cathedral City, CA 92234

$650,000

2,538 sqft 0.18 AC lot

Well-maintained duplex with two units, fenced yards, covered patios, and in-unit living, dining, kitchen, and two full bathrooms each.

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Duplex Residential Income Property

165 N Alessandro Avenue, San Jacinto, CA 92583

$690,000

2,359 sqft 0.32 AC lot

Duplex for sale on a 0.32-acre lot zoned R2, totaling 2,359 square feet.

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Riverside Multifamily Investment Opportunity

421 Devener St, Riverside, CA 92507

$1,615,000

5,712 sqft 0.33 AC lot

Two 4-plex buildings in Riverside with value-add potential.

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Duplex Income Property

18560 Haines, Perris, CA 92570

$965,000

2,498 sqft 1.04 AC lot

For-sale residential income duplex in Perris, CA.

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Two-Unit Duplex with Detached Garage

66116 Buena Vista Avenue, Desert Hot Springs, CA 92240

$345,000

1,250 sqft 0.15 AC lot

Duplex offers two 1-bedroom, 1-bath units with separate meters and a 20x20 detached garage.

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Garden-Style Multifamily Apartments

46595 Vargas Road, Indio, CA 92201

$8,400,000

29,376 sqft 2.44 AC lot

Well-maintained 51-unit, one-story community with private patios, on-site laundry, and surface parking.

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Duplex For Sale

38682 Florence, Beaumont, CA 92223

$608,000

2,277 sqft 0.68 AC lot

For sale duplex located at 38682 Florence in Beaumont, CA.

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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.

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Historic Adobe Triplex with Sun Room

4600 Sunnyside Dr, Riverside, CA 92506

$985,000

2,240 sqft

Three-unit income property features Tudor Revival main home, permitted sun room, and two renovated back units.

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Indio Duplex: Revitalized Downtown Location

45741 Smurr Street, Indio, CA 92201

$550,000

1,048 sqft 0.17 AC lot

Duplex in downtown Indio near new city hall and amenities.

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Palm Springs Multifamily Investment Opportunity

3737 Calle De Carlos, Palm Springs, CA 92264

$870,000

3,800 sqft 0.23 AC lot

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

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Spanish-Style Triplex Investment

3760 El Dorado Boulevard, Palm Springs, CA 92262

$1,590,000

3,351 sqft 0.22 AC lot

For sale Spanish-style triplex totaling 3,351 square feet on a 0.22-acre lot in Palm Springs.

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Mixed-Use Property in Downtown

12106 Palm Dr, Desert Hot Springs, CA 92240

$1,495,000

5,486 sqft 0.33 AC lot

Multi-use property with retail, office, and residential spaces.

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Residential Income Duplex

33053 Blackwell, Lake Elsinore, CA 92530

$599,000

1,706 sqft 0.08 AC lot

Duplex for sale in Lake Elsinore, CA, offering residential income potential on a small lot.

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Corona Mixed-Use Investment Opportunity

820 W 6th, Corona, CA 92882

$1,500,000

1,200 sqft 0.34 AC lot

Four residential units plus commercial space in Corona, California.

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Quadplex Residential Income Property

4230 13th, Riverside, CA 92501

$763,000

0.15 AC lot

For-sale quadplex on a 0.15-acre lot in Riverside, CA.

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Deepwell Apartments Multifamily Investment Opportunity

1680 East Palm Canyon Drive, Palm Springs, CA 92264

$5,995,000

20,296 sqft 0.94 AC lot

30+1 unit multifamily community in Palm Springs' Deepwell Estates.

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Duplex Income Property

530 GILMAN W, Banning, CA 92220

$660,000

2,293 sqft 0.23 AC lot

Duplex/residential income property for sale with 2,293 square feet on a 0.23-acre lot.

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Riverside County, CA Multifamily Properties Market Trends and Statistics

Explore 196 multifamily properties for sale in Riverside County, CA, showcased through 196 active listings on our real estate platform. These investment opportunities span a total of 415,343 square feet of properties for sale, with an estimated market value of $129,532,500.

Sale prices for multifamily properties in Riverside County, CA start at $34,500, averaging $2,158,875, and reaching up to $18,900,000 — 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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