162 N 3rd Banning, CA $ 449,900
162 N 3rd
$ 449,900
Share Save

162 N 3rd

Banning, CA, 92220
$ 449,900
Baths1.0 Sq 1,252

Monthly Estimate*

$ 2,770

Listed by REALTY MASTERS & ASSOCIATES
162 N 3rd, Banning, CA 92220 - Image 1
162 N 3rd, Banning, CA 92220 - Image 2
162 N 3rd, Banning, CA 92220 - Image 3
162 N 3rd, Banning, CA 92220 - Image 4
162 N 3rd, Banning, CA 92220 - Image 5
162 N 3rd, Banning, CA 92220 - Image 6
162 N 3rd, Banning, CA 92220 - Image 7
162 N 3rd, Banning, CA 92220 - Image 8
162 N 3rd, Banning, CA 92220 - Image 9
162 N 3rd, Banning, CA 92220 - Image 10
162 N 3rd, Banning, CA 92220 - Image 11
162 N 3rd, Banning, CA 92220 - Image 12
162 N 3rd, Banning, CA 92220 - Image 13
162 N 3rd, Banning, CA 92220 - Image 14
162 N 3rd, Banning, CA 92220 - Image 15
162 N 3rd, Banning, CA 92220 - Image 16
162 N 3rd, Banning, CA 92220 - Image 17
162 N 3rd, Banning, CA 92220 - Image 18
162 N 3rd, Banning, CA 92220 - Image 19
162 N 3rd, Banning, CA 92220 - Image 20
162 N 3rd, Banning, CA 92220 - Image 21
162 N 3rd, Banning, CA 92220 - Image 22
162 N 3rd, Banning, CA 92220 - Image 23
162 N 3rd, Banning, CA 92220 - Image 24
162 N 3rd, Banning, CA 92220 - Image 25
162 N 3rd, Banning, CA 92220 - Image 26
162 N 3rd, Banning, CA 92220 - Image 27
162 N 3rd, Banning, CA 92220 - Image 28
162 N 3rd, Banning, CA 92220 - Image 29
162 N 3rd, Banning, CA 92220 - Image 30
162 N 3rd, Banning, CA 92220 - Image 31
162 N 3rd, Banning, CA 92220 - Image 32
162 N 3rd, Banning, CA 92220 - Image 33
162 N 3rd, Banning, CA 92220 - Image 34
Studio

Multi-Family Home for sale in Banning, CA

for $449,900 with 1 full bath. This 1,252 square foot home was built in 1915 on a lot size of 0.14.

Great investment opportunity in the heart of Banning! This versatile duplex features two separate units with individual electric and gas meters, making it ideal for rental income or multi-generational living. The front unit offers 1 bedroom and 1 bathroom, complete with its own private fenced front yard, four dedicated parking spaces, and an extended driveway for added convenience. The rear unit features a spacious 2 bedroom, 1 bathroom layout, along with a private outdoor area and ample parking space, perfect for vehicles, equipment, or recreational toys. The long driveway extends from the front of the property all the way to the rear easement, providing additional parking and easy access throughout. Both units offer private, independent living spaces, creating a comfortable and functional setup for occupants. The property also includes a detached laundry room in a separate structure, as well as a detached two-car garage offering additional storage or parking potential. Situated on a fully fenced lot, the property provides privacy, security, and plenty of outdoor space for tenants or future improvements. Conveniently located near local shopping, dining, and with easy access to major commuter routes, this property presents an excellent opportunity for investors or buyers looking to offset their mortgage with rental income. Don’t miss your chance to own a well positioned, income producing property in a growing area!

See more

Multi-Family Coming Soon

Price

$ 449,900

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1915

Town/City

Banning

County/Region

Riverside

MLS | Web ID

CV26091796

Days on Market

2

Features
General
Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
Garage Spaces 2
Pool Features None
Year Built 1915
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 9660
Community Features Street Lights Sidewalks
County Riverside
Net Operating Income 7389.12
Operating Expense 2270.88
Insurance Expense 811
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Coming Soon
Directions Freeway 10 East to 8th Street left to Ramsey Street go Right to 3rd Street make left
City Banning
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area 263 - Banning/Beaumont/Cherry Valley
Lot Size Units Square Feet
Lot Size Square Feet 6098
Listing Terms Submit
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 379.44
Water Sewer Expense 445.44
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 7
Property Sub Type Additional Duplex
Expected Active Date 2026-05-02
See more
Interior
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N false
Laundry Features Laundry Room
Entry Level 1
See more
Exterior
Lot Features Back Yard Front Yard
Water Source Public
Total Parking 2
Lot Size Area 6098
Number of Buildings 2
Building Area Total 1252
Lot Size Acres 0.14
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
See more
* Excluded Features
List By
Realty Masters & Associates

Broker

arturo@theteamresults.com

Email

Affordability Calculator

$2,770
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,770
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$449,900 1.12% Price Up
4/29/2026$444,900 Listed Price

Map


See all

162 N 3rd, Banning, CA, 92220 is a Multi-Family Home for sale at $449,900 with 1,252 sqft and a lot size of 0.14. 162 N 3rd is a studio with 1.0 baths and was built in 1915. The property's zip code is 92220 which is in Banning, CA