Multi Family homes for sale & real estate in Banning, CA

Multi Family Home for sale in Banning, CA:

Two separate units on divided lots; layout is like having two separate homes for the price of one. A perfect design for an owner occupied who wants a two bedroom house with a separate home creating income next door. The property is in a great neighborhood of the city. Property offers future potential at today’s market. If you are an investor this property if calling you.

Multi Family Home for sale in Banning, CA:

Charming upgraded duplex with backyards and great views of the mountains. Peaceful surroundings create a great atmosphere. Each apartment is roomy and feels like home. Plenty of land around the property and the upgrades make kitchen and living area very comfortable. RV Hookups available with plenty of land around the property. Great rental opportunities. Carports are in the middle of the units and can easily be turned into an ADU. So much rental potential at this location.

Multi Family Home for sale in Banning, CA:

7-Units + Single family home on separate APN. The property consists of a total of Five (5) separate APNs. 526-031-16, 526-031-17, 526-031-18, 526-031-19, & 526-031-006. Highlights: Strong yield with a current CAP Rate of 6.00% with a Pro Forma CAP Rate of 6.77% achievable through market rent adjustments / Current GRM of 10.27 with a Pro Forma GRM of 9.15. Community located at 50292–50330 Ramona Street, a well-located eight-unit multifamily property in Cabazon, California. Built in 1950, this single-story asset consists of seven detached buildings situated on a generous 0.72-acre lot, offering approximately 5,750 square feet of rentable living area. The unit mix features a

Multi Family Home for sale in Banning, CA:

Welcome to 41041 Alder Ave in Hemet. This duplex offers two spacious units, each over 1150 sq feet on one lot, perfect for multi-generational living or rental income. Each unit features it's own living space, private entrances, and plenty of natural light with a separate 1 car garage per unit. Conveniently located near schools, shopping, and parks, this property is an ideal blend of investment potential and everyday comfort.

Multi Family Home for sale in Banning, CA:

TWO homes in one lot. Gorgeous lot size approx. 9,148 sqft. Front home offers 3 bedrooms 1 bathroom and rear unit offers 1 bed / 1 bathroom, perfect for guests quarters, rental or private workspace. Extra enclosed room in the back is not included in the square footage. Provides flexibility to live in front unit and rent the back unit. Each unit with its own electric & gas meter; solar system already installed, this property offers a strong income/potential. Walking distance to local amenities and schools, very close from the local police station giving you an extra sense of security. Buyer to assume / transfer solar lease.

Multi Family Home for sale in Banning, CA:

Welcome to this rare duplex opportunity offering two completely separate units, each with its own address, meters, and privacy. Perfect for multigenerational living, rental income, or investment, this property combines space, functionality, and convenience. The main home is a spacious six-bedroom, two-and-a-half bath residence with a thoughtfully designed floor plan. Highlights include a large yard, a dedicated laundry room inside, and ample living space ideal for a large household or shared living arrangements. The second unit is a detached two-bedroom, one-bath home with its own private driveway, laundry room, and expansive yard. Completely separate from the main residence, it offers priv