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    Riverside, CA Multifamily Properties for Sale

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    Riverside Multifamily Investment Opportunity
    Updated: Jan 9
    Riverside Multifamily Investment Opportunity

    1480 7th Street, Riverside, CA 92507

    $5,595,000
    22,798 sqft 0.82 AC lot
    Significant recent renovations to interiors and exteriors.
    Turnkey asset with 10% realistic rental upside.
    Balanced unit mix of 3, 2, and 1 bedroom apartments.
    Separately metered for gas and electric.
    Community laundry rooms and sparkling pool.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1480 7th Street, Riverside, CA 92507

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $310K
      Annual

    • Mortgage

      $2.49M
      May 2019

    • Last Sold

      Sep 2020
      $3.55M

    • Property Type

      Apartment House
      Built 1971
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    Riverside Multifamily Investment Opportunity
    Updated: Apr 3
    Riverside Multifamily Investment Opportunity

    421 Devener St, Riverside, CA 92507

    $1,615,000
    5,712 sqft 0.33 AC lot
    Value‑add opportunity with potential for rent growth and enhanced cash flow.
    Potential availability of 30‑year fixed‑rate financing for qualified buyers.
    Excellent regional connectivity with convenient access to I‑10, I‑215, SR‑60, and SR‑91 freeways.
    Located in Riverside, a strong and affordable investment market.
    Individually metered units for gas and electricity, plus individual hot water heaters.
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    Tudor-Style Triplex
    Tudor-Style Triplex

    4600 Sunnyside Drive, Riverside, CA 92506

    $985,000
    0.16 AC lot

    For-sale residential income triplex on a compact lot, zoned R1065 in Riverside.

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    Quadplex Residential Income Property
    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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    Historic Adobe Triplex with Sun Room
    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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    Duplex Residential Income Property
    Duplex Residential Income Property

    2077 Patterson Street, Riverside, CA 92507

    $869,000
    0.15 AC lot

    For-sale duplex residential income property located at 2077 Patterson Street in Riverside, California.

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    Riverside Multifamily Investment Opportunity
    Riverside Multifamily Investment Opportunity

    1195 Spring St, Riverside, CA 92507

    $885,000
    3,264 sqft 0.21 AC lot

    Five-unit multifamily property in Riverside with stable income potential.

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    Duplex Residential Income Property
    Duplex Residential Income Property

    8937 PATRERO ST, Riverside, CA 92503

    Contact for pricing
    746 sqft 0.06 AC lot

    For-sale duplex income property in Riverside, CA, zoned R1065.

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    Riverside Duplex on Corner Lot
    Riverside Duplex on Corner Lot

    4096 Pine, Riverside, CA 92501

    $769,000
    1,986 sqft 0.20 AC lot

    Two houses on a large lot in downtown Riverside.

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    Riverside Duplex Near UCR
    Riverside Duplex Near UCR

    4156 Dwight, Riverside, CA 92507

    $544,900
    570 sqft

    Duplex near UCR with immediate rental income.

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    Ranch Duplex For Sale
    Ranch Duplex For Sale

    9330-9332 Saffron Court, Riverside, CA 92503

    $699,000
    0.16 AC lot

    Ranch duplex for sale on a 0.16-acre lot in Riverside, CA.

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    Duplex Residential Income Property
    Duplex Residential Income Property

    2643 10th Street, Riverside, CA 92507

    $959,000
    0.18 AC lot

    Residential income duplex for sale on a 0.18-acre lot in Riverside, CA 92507.

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    Modern Quadplex
    Modern Quadplex

    3460 Washington Street, Riverside, CA 92504

    Contact for pricing
    912 sqft 0.18 AC lot

    For sale quadplex-style residential income property described as modern, located in Riverside, CA.

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    Five Houses on 1.95 Acres
    Five Houses on 1.95 Acres

    17305 Sage Ave, Riverside, CA 92504

    $2,300,000
    3,046 sqft 1.95 AC lot

    Five houses in Riverside with income potential on 1.95 acres.

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    Riverside Apartments: 63 Units
    Riverside Apartments: 63 Units

    2032 W Linden, Riverside, CA 92507

    $14,000,000
    46,834 sqft

    63-unit apartment complex in Riverside, offering stable income.

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    Duplex Investment Property
    Duplex Investment Property

    4187 Dwight Avenue, Riverside, CA 92507

    $724,999
    0.18 AC lot

    Residential income duplex offered for sale on a compact Riverside lot.

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    Residential Income Property with Pool
    Residential Income Property with Pool

    3540 Nelson, Riverside, CA 92506

    $875,000
    2,384 sqft

    Two fully permitted homes on one lot, including an updated main residence and a secondary unit with RV parking.

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    Multifamily Investment Property
    Multifamily Investment Property

    17305 Sage Avenue, Riverside, CA 92504

    $2,200,000
    1.95 AC lot

    For sale multifamily property on Sage Avenue in Riverside with R-A zoning.

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    Residential Income Multifamily Duplex
    Residential Income Multifamily Duplex

    4308 Lime Street, Riverside, CA 92501

    $724,995
    0.19 AC lot

    For sale residential income duplex on a 0.19-acre lot in Riverside, California.

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    Riverside Property Conversion Opportunity
    Riverside Property Conversion Opportunity

    3663 La Sierra Ave, Riverside, CA 92505

    $18,900,000
    37,117 sqft

    Well-maintained 122-room property suitable for affordable housing conversion.

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    Riverside Triplex with ADU Potential
    Riverside Triplex with ADU Potential

    3633 Kansas Ave, Riverside, CA 92507

    $948,000
    0.33 AC lot

    Rare triplex with income and value-add potential near UCR.

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    Residential Income Duplex Opportunity
    Residential Income Duplex Opportunity

    11711 Carmine Street, Riverside, CA 92505

    $695,000
    0.20 AC lot

    For sale residential income duplex set on a 0.2-acre lot in Riverside, CA 92505.

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    Prime Corner Lot Development Opportunity
    Prime Corner Lot Development Opportunity

    220 W Big Springs Rd, Riverside, CA 92507

    $1,300,000
    0.60 AC lot

    Corner lot near UCR with development plans for apartment complex.

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    Multifamily
    Multifamily

    3681 Cranford Avenue, Riverside, CA 92507

    $16,995,000
    67,202 sqft 3.00 AC lot

    Apartment buildings · 67,202 SF

    View details

    Riverside, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Riverside, CA, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for multifamily properties in Riverside, CA start at $0.00, averaging $0.00, and reaching up to $0.00 — 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 16
    Apartment buildings 11
    Quadplexes 3
    Triplexes 3
    Mobile home & RV parks 2

    Demographics Overview

    Population 445K
    Population Growth (5Y) -0.6%
    Median Household Income $95,116
    College Educated 19.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    92503 $787K
    92501 $843.5K
    92506 $923.8K
    92504 $1.4M
    92509 $2.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $15.64 per SF
    Tax Rate vs County Average 0.08 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Riverside fall within the 100,000+ square foot range.

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