323 E Colton Redlands, CA ^$ 650,000

323 E Colton

^$ 650,000

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323 E Colton

Redlands, CA, 92374

^$ 650,000

Studio Baths1.0 Sq 1,536

Monthly Estimate*

^$ 4,055

Listed by THE ASSOCIATES REALTY GROUP

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Studio

Multi-Family Home for sale in Redlands, CA

for $650,000 with 1 full bath. This 1,536 square foot home was built in 1891 on a lot size of 0.1298.

Fantastic opportunity to purchase a turnkey duplex close to University of Redlands and downtown. This rare investment opportunity offers a fully leased 2 units with a spacious 2 bedroom, 1 bath downstairs and a 1 bedroom, 1 bath upstairs. Also includes a single car garage and a storage room, along with a separate shared laundry room including 2 washers and 2 dryers. The roof was replaced in 2016. Separate meters for electricity. The units are in great condition and the lot is fully landscaped. Fantastic long term tenants that would love to stay. This is an easy breezy investment.

Multi-Family Active

Price

^$ 650,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1298

Year Built

1891

Town/City

Redlands

County/Region

San Bernardino

MLS | Web ID

IV25244652

Days on Market

Features

General

Sewer Public Sewer

Heating Heat Pump Wall Furnace

Cooling Wall/Window Unit(s)

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Roof Composition

Appliances Dryer Washer

HOA Fee 0

Garage Spaces 1

Pool Features None

Year Built 1891

Tenant Pays Cable TV Electricity Gas

View Mountain(s)

Stories Count 2

Levels Two

Property Subtype Duplex

Gross Income 40800

Community Features Biking Curbs Dog Park Fishing Park Sidewalks

Accessibility None

County San Bernardino

Net Operating Income 29668

Operating Expense 11132

Insurance Expense 1512

New Construction 0

Property Type Residential Income

HOA 0

Contingency 1031 exchange we already have identified the property

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions From Orange its 6 or 7 blocks east.

City Redlands

Disclosures Principal is Real Estate Licensed

Entry Location 1

Senior Community Y/N 0

Open Parking Spaces 2

Number Of Units Total 2

MLS Area 268 - Redlands

Lot Size Units Square Feet

Lot Size Square Feet 5652

Listing Terms Cash to New Loan 1031 Exchange

Spa Features None

Property Attached Y/N 1

Land Lease Y/N 0

Fuel Expense 0

Property Condition Turnkey

Trash Expense 0

Water Sewer Expense 1200

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 7

Property Sub Type Additional Duplex

Taxes 8400

Interior

Fireplace Features None

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N 1

Heating Y/N 1

Fireplace Y/N 0

Laundry Features Common Area Laundry Room

Entry Level 1

Exterior

Fencing Block Wrought Iron

Parking Features Driveway

Lot Features Corner Lot Sprinklers In Front

Water Source Public

Total Parking 3

Inclusions 2 washers and 2 dryers

Lot Size Area 5652

Number of Buildings 1

Spa 0

Building Area Total 1536

Lot Size Acres 0.1298

Road Surface Type Paved

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 2

Road Frontage Type City Street

* Excluded Features

List By

The Associates Realty Group

Broker

DAN.GRUNERTEAM@GMAIL.COM

Affordability Calculator

$4,055

Per Month

Monthly Principal & Interest: $4,055
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Redlands, CA

Average List Price ^$995,915

Percent of Sale Price 53%

About Redlands, CA

72,418 Population

13% Since 2002

^$69,226 Median Income

37.26 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$650,000		Listed Price

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323 E Colton, Redlands, CA, 92374 is a Multi-Family Home for sale at $650,000 with 1,536 sqft and a lot size of 0.1298. 323 E Colton is a studio with 1.0 baths and was built in 1891. The property's zip code is 92374 which is in Redlands, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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323 E Colton

Multi-Family Home for sale in Redlands, CA

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