Multi Family homes for sale & real estate in Palm Springs, CA

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ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Centrally located in the Warm Sands neighborhood of Palm Springs, this duplex sits on a corner lot with direct mountain views. The western unit features two bedrooms and two bathrooms, and the eastern unit includes one bedroom, one bathroom, and an additional office. Renovated in 2019, the property includes updated kitchens, appliances, fixtures, Corian countertops, and KitchenAid cabinetry in the two-bedroom unit. Both units have double-pane windows and sliding doors, separate HVAC systems, newer water heaters, and shared washer and dryer. The roof was replaced in 2024.Both units are tenant-occupied, and leases will transfer to the new owner. The two-bedroom unit is on a five-year lease, a

$1,195,000

3 beds3 baths1,776 sq ft

594 S Calle Encilia, Palm Springs, CA 92264

Corian countertops • Kitchenaid cabinetry • Private entrance

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,048 SF on a 9,583 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied w

$1,195,000

8 beds8 baths4,048 sq ft

959 E Vista Chino, Palm Springs, CA 92262

Enclosed garage • Washer dryer • Shared pool

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Beautifully updated completely renovated mid-century modern. Each of the 5 units have new granite top stainless steel appliances, all new marble and stone flooring. Fully furnished. Can be used for short or long term rentals, hotel or rehab. Peaceful, center pool with water fountains throughout, an entertainers delight. Delivered completely vacant. Quiet residential street in south Palm Springs. Prized centrally located walk to downtown Palm Springs.

$2,100,000

11 beds12 baths5,600 sq ft

1425 S Via Soledad, Palm Springs, CA 92264

Completely renovated • Water fountains • Fully furnished

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations. Currently 80% occupied, minus the owner's unit which will generate $2000 per month. At full occupancy the property will obtain a projected stabilized income of approximately $110,400—positioning it as both a reliable asset and a premium value-add candidate. Each residence is individually metered and comprises of approximately 800 sq ft. Each unit has a 1 bedroom, 1 b

$1,525,000

1 bed1 bath3,890 sq ft

525 S Thornhill Rd, Palm Springs, CA 92264

Multifamily offering • Private courtyards • 0.34 acre lot

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
509 & 561 South Highland Drive is a 2-property, 21-unit multifamily investment portfolio located in Palm Springs, CA. Situated on two neighboring parcels encompassing a combined 0.93 acres, 509 & 561 South Highland Drive offer a mix of studio, one, and two-bedroom floor plans. The majority of the units feature one bedroom, along with 2, studio units and 3, two-bedroom units - ideally suited for singles, couples, and retirees seeking well-located housing. The properties feature attractive amenities including secure keypad entry, private patios, swimming pools, ample surface parking, and on-site laundry facilities. Additionally, the properties feature exclusively single-story cons

$3,415,000

22 beds21 baths18,304 sq ft

509-561 S Highland Dr, Palm Springs, CA 92264

Secure keypad entry • New plumbing • Swimming pools

Property at 587 S Calle Ajo, Palm Springs, CA 92264, 8 beds, 6 baths

$1,500,000

8 beds6 baths4,150 sq ft

587 S Calle Ajo, Palm Springs, CA 92264

Property at 1674 S Via Salida, Palm Springs, CA 92264, 6 beds, 6 baths

$1,375,000

6 beds6 baths3,744 sq ft

1674 S Via Salida, Palm Springs, CA 92264

Property at 490 S Compadre Rd, Palm Springs, CA 92262, 1 bed, 4 baths

$1,150,000

1 bed4 baths3,721 sq ft

490 S Compadre Rd, Palm Springs, CA 92262

Property at 495 E Twin Palms Dr, Palm Springs, CA 92264, 61 beds, 51 baths

$7,999,888

61 beds51 baths37,700 sq ft

495 E Twin Palms Dr, Palm Springs, CA 92264

Property at 526 S Warm Sands Dr, Palm Springs, CA 92262, 40 beds, 40 baths

$10,500,000

40 beds40 baths30,000 sq ft

526 S Warm Sands Dr, Palm Springs, CA 92262

Property at 520 S Desert View Dr, Palm Springs, CA 92264, 10 beds, 5 baths

$1,350,000

10 beds5 baths10,019 sq ft

520 S Desert View Dr, Palm Springs, CA 92264

Property at 965 E Vista Chino, Palm Springs, CA 92262, 8 beds, 8 baths

$1,195,000

8 beds8 baths4,372 sq ft

965 E Vista Chino, Palm Springs, CA 92262

Property at 2303 N Indian Canyon Dr, Palm Springs, CA 92262, 20 beds, 20 baths

$3,125,000

20 beds20 baths19,602 sq ft

2303 N Indian Canyon Dr, Palm Springs, CA 92262

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ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, 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.

$595,000

8 beds4 baths1,600 sq ft

13391 mesquite Rd, Whitewater, CA 92282

9,583 sq ft lot • 2 garage spots • Built 1958

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Desert Hot Springs has many advantages, one is the lofty view sites available. This like new Duplex built two years ago is located on one of those lofty view lots in Hacienda Heights. It is also close to an elementary school located on Hacienda Avenue less than one mile away.

$699,000

6 beds4 baths2,284 sq ft

Undisclosed address, Desert Hot Springs, CA 92240

Lofty view sights • 7,840 sq ft lot • 4 garage spots

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
This exceptional triplex is being delivered VACANT at Close of Escrow, offering a rare clean slate for both savvy investors and strategic owner-occupants. This full vacancy grants you immediate control to set your own rents or move in right away. The property boasts a strong Actual Cap Rate of 8.7% , positioning it as an exceptional value proposition. The triplex is divided into two separate buildings for maximum privacy and income flexibility. The spacious 2-Bedroom/1-Bath Back House is perfect for an owner-occupant, featuring a dedicated private backyard and parking access from the driveway. The two front 1-Bedroom/1-Bath units are ready for tenant placement and can significantly provide

$475,000

4 beds3 baths— sq ft

66175 Acoma Ave, Desert Hot Springs, CA 92240

Private backyard • Parking access • 6,534 sq ft lot

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Le Investment Group is pleased to present a three-property multifamily portfolio totaling nine (9) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive, 68040 Club Circle Drive, and 66671 3rd Street, all situated within well-maintained neighborhoods, two of which lie in the city’s desirable Spa Zone. Each property is priced at $530,000 and features a consistent mix of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, offering functional layouts, carport parking, and strong in-place income. Current cap rates are 6.25% (Parma), 7.48% (Club Circle), and 9.01% (3rd Street). These triplexes are offered individually or together, providing flexibility for investo

$530,000

4 beds3 baths2,184 sq ft

66671 3rd, Desert Hot Springs, CA 92240

6,534 sq ft lot • 3 parking spots • Built 1958

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Le Investment Group is pleased to present a three-property multifamily portfolio totaling nine (9) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive, 68040 Club Circle Drive, and 66671 3rd Street, all situated within well-maintained neighborhoods, two of which lie in the city’s desirable Spa Zone. Each property is priced at $530,000 and features a consistent mix of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, offering functional layouts, carport parking, and strong in-place income. Current cap rates are 6.25% (Parma), 7.48% (Club Circle), and 9.01% (3rd Street). These triplexes are offered individually or together, providing flexibility for investo

$530,000

4 beds3 baths1,950 sq ft

68040 Club Cir, Desert Hot Springs, CA 92240

8,276 sq ft lot • Built 1967 • Listed 19 days

ABOUT THIS HOME
Multi Family Home for sale in Palm Springs, CA:
Le Investment Group is pleased to present a three-property multifamily portfolio totaling nine (9) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive, 68040 Club Circle Drive, and 66671 3rd Street, all situated within well-maintained neighborhoods, two of which lie in the city’s desirable Spa Zone. Each property is priced at $530,000 and features a consistent mix of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, offering functional layouts, carport parking, and strong in-place income. Current cap rates are 6.25% (Parma), 7.48% (Club Circle), and 9.01% (3rd Street). These triplexes are offered individually or together, providing flexibility for investo

$530,000

4 beds3 baths2,336 sq ft

12700 Parma, Desert Hot Springs, CA 92240

8,712 sq ft lot • 3 parking spots • Built 1972

Property at 68550 Grove St, Cathedral City, CA 92234, 24 beds, 35.5 baths

$11,950,000

24 beds35.5 baths19,868 sq ft

68550 Grove St, Cathedral City, CA 92234

Property at 66327 7th St, Desert Hot Springs, CA 92240, 6 beds, 6 baths

$849,000

6 beds6 baths2,377 sq ft

66327 7th St, Desert Hot Springs, CA 92240

Property at 67600 Club House Dr, Desert Hot Springs, CA 92241, 6 beds, 8 baths

$1,500,000

6 beds8 baths6,330 sq ft

67600 Club House Dr, Desert Hot Springs, CA 92241

Property at 66550 San Diego Dr Dr, Desert Hot Springs, CA 92240, 5 beds, 4 baths

$599,000

5 beds4 baths2,361 sq ft

66550 San Diego Dr Dr, Desert Hot Springs, CA 92240

Property at 39910 Bird Ln, Rancho Mirage, CA 92270, 5 beds, 4 baths

$1,100,000

5 beds4 baths2,886 sq ft

39910 Bird Ln, Rancho Mirage, CA 92270

Property at 68080 Risueno Rd, Cathedral City, CA 92234, 12 beds, 6 baths

$1,595,000

12 beds6 baths4,900 sq ft

68080 Risueno Rd, Cathedral City, CA 92234

Property at 66385 Cahuilla Ave, Desert Hot Springs, CA 92240, 2 beds, 2 baths

$398,000

2 beds2 baths952 sq ft

66385 Cahuilla Ave, Desert Hot Springs, CA 92240

Property at 66229-St 8th, Desert Hot Springs, CA 92240, 7 beds, 6 baths

$795,000

7 beds6 baths2,364 sq ft

66229-St 8th, Desert Hot Springs, CA 92240

Property at 13627 Hermano Way, Desert Hot Springs, CA 92240, 100 beds, 70 baths

$1,100,000

100 beds70 baths3,790 sq ft

13627 Hermano Way, Desert Hot Springs, CA 92240

Property at 66149 Cahuilla Ave, Desert Hot Springs, CA 92240, 6 beds, 4 baths

$555,000

6 beds4 baths2,080 sq ft

66149 Cahuilla Ave, Desert Hot Springs, CA 92240

Property at 39905 Bird Ln, Rancho Mirage, CA 92270

$3,150,000

0 beds— baths18,000 sq ft

39905 Bird Ln, Rancho Mirage, CA 92270

Property at 33215 Via de Anza, Cathedral City, CA 92234, 5 beds, 3 baths

$849,000

5 beds3 baths2,863 sq ft

33215 Via de Anza, Cathedral City, CA 92234

Property at 19900 Bennett Rd, Desert Hot Springs, CA 92241, 10 beds, 8.5 baths

$3,495,000

10 beds8.5 baths9,688 sq ft

19900 Bennett Rd, Desert Hot Springs, CA 92241

Property at 54100 Pine Crst, Idyllwild, CA 92549, 20 beds, 15 baths

$2,399,000

20 beds15 baths7,500 sq ft

54100 Pine Crst, Idyllwild, CA 92549

Multi Family Homes for Sale in Palm Springs

There are currently 13 multi family homes for sale in Palm Springs at a median listing price of $1.2M. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Palm Springs stay on the market for 209 days. Popular neighborhoods include The Movie Colony, Mission Hills, Old Las Palmas, Desert Princess Country Club, and Deepwell Estates. This map is refreshed with the newest listings in Palm Springs every 15 minutes.

In the past month, 132 homes have been sold in Palm Springs. In addition to houses in Palm Springs, there were also 450 condos, 8 townhouses, and 8 multi-family units for sale in Palm Springs last month. Palm Springs is a minimally walkable city in Riverside County with a Walk Score of 35. Palm Springs is home to approximately 44,691 people and 24,063 jobs. Find your dream home in Palm Springs using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Palm Springs are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Palm Springs. Our Palm Springs real estate stats and trends will give you more information about home buying and selling trends in Palm Springs. If you're looking to sell your home in the Palm Springs area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Palm Springs with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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