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

Banning, CA, 92220
$ 449,900
Bedrooms3 Baths2.0 Sq 1,252

Monthly Estimate*

$ 2,770

Listed by REALTY MASTERS & ASSOCIATES
162 N 3rd, Banning, CA 92220 - Image 1

Multi-Family Home for sale in Banning, CA

for $449,900 with 3 bedrooms and 2 full baths. 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!

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Multi-Family Active

Price

$ 449,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1915

Town/City

Banning

County/Region

Riverside

MLS | Web ID

CV26093134

Days on Market

2

Features
General
Living Area 1252
Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1915
View Neighborhood
Stories Count 1
Levels One
Property Subtype Duplex
Community Features Street Lights Sidewalks
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
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
High School District Banning Unified
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
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Duplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 7
Property Sub Type Additional Duplex
Expected Active Date 2026-05-01
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 2
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Exterior
Lot Features Back Yard Front Yard
Water Source Public
Total Parking 2
Lot Size Area 6098
Lot Size Acres 0.14
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Realty Masters & Associates

Broker

arturo@theteamresults.com

Email

Affordability Calculator

$2,770
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Monthly Principal & Interest
$2,770
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$449,900 Listed Price

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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 has 3 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 92220 which is in Banning, CA