546 N 5th Street Banning, CA $ 599,000
546 N 5th Street
$ 599,000
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546 N 5th Street

Banning, CA, 92220
$ 599,000
Baths1.0 Sq 2,162

Monthly Estimate*

$ 3,737

Listed by REDFIN
546 N 5th Street, Banning, CA 92220 - Image 1
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View a Virtual Tour
Studio

Multi-Family Home for sale in Banning, CA

for $599,000 with 1 full bath. This 2,162 square foot home was built in 1955 on a lot size of 0.2.

GREAT INVESTMENT OPPORTUNITY – TRIPLEX! Don’t miss your chance to own this income-generating triplex, ideal for investors or owner-occupants! Each of the three units features 1 bedroom, 1 bathroom, and 720 sq ft of living space — plus individual garage parking for each unit. Live in one and rent the other two, or add this solid property to your investment portfolio. Two units are currently occupied by long-term tenants, while Unit A is vacant and recently renovated, featuring new flooring, a modernized bathroom, and fresh interior paint. Perfect for immediate move-in or top-dollar rental. The exterior has also seen fresh repairs and a new paint job, making this property move-in and rent-ready. Opportunities like this don’t last long — especially with a vacant, upgraded unit ready to go. Live in one. Rent two. Build wealth. Schedule your showing today!

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Multi-Family Active

Price

$ 599,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2

Year Built

1955

Town/City

Banning

County/Region

Riverside

MLS | Web ID

IV25218977

Days on Market

89

Features
General
Sewer Septic Type Unknown
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Available Natural Gas Connected Water Connected
Roof Tile
Appliances Gas Range
HOA Fee 0
Garage Spaces 3
Architectural Style Traditional
Pool Features None
Year Built 1955
Tenant Pays Cable TV Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 0
Community Features Hiking Rural Suburban
Accessibility Parking
County Riverside
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency Contingent on interior inspection - Please drive by and then call for an appointment to enter the unit #A - Please send RPA "Contingent on interior inspection" prior to viewing
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 10 Freeway Exit 8th to George St to 5th Street
City Banning
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 3
MLS Area 263 - Banning/Beaumont/Cherry Valley
Lot Size Units Square Feet
Lot Size Square Feet 8712
Number of Units Leased 2255
Listing Terms Cash Cash to New Loan Conventional Contract 1031 Exchange FHA VA Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://www.zillow.com/view-imx/648167bb-dc3a-4661-b12c-1d446d3b41d0?wl=true&setAttribution=mls&initialViewType=pano https://www.zillow.com/view-imx/648167bb-dc3a-4661-b12c-1d446d3b41d0?wl=true&setAttribution=mls&initialViewType=pano
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Total Actual Rent 2550
Property Sub Type Additional Triplex
Expected Active Date 2025-09-22
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Interior
Interior Amenities Open Floorplan All Bedrooms Down Walk-In Closet(s)
Flooring Laminate Tile Vinyl
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features Front Yard Yard
Water Source Public
Total Parking 6
Lot Size Area 8712
Number of Buildings 1
Spa false
Building Area Total 2162
Lot Size Acres 0.2
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Redfin

Broker

michele.herring@redfin.com

Email

Affordability Calculator

$3,737
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,737
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$599,000 Listed Price

Map


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546 N 5th Street, Banning, CA, 92220 is a Multi-Family Home for sale at $599,000 with 2,162 sqft and a lot size of 0.2. 546 N 5th Street is a studio with 1.0 baths and was built in 1955. The property's zip code is 92220 which is in Banning, CA