Riverside Real Estate Search

Riverside Multi-Family Properties for Sale

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Newest Riverside Multi-Family Homes for Sale

$1,499,500
OC23157234 MLS ⋅ Active Status
Fantastic investment property in Riverside. Riverside Community College and the University of California Riverside are nearby. You can walk to downtown & the Metro Station. Eight 1 bedroom units that are always fully leased.

2904 10th Street, Riverside
$960,000
IV23168930 MLS ⋅ Active Status
FANTASTIC OPPORTUNITY FOR INVESTORS......WILL NEED SOME TLC IN REGARDS TO PAINT/FLOORING /KITCHEN AND BATH IN THE DUPLEX. THIS PROPERTY COMES WITH A 2 BD. 1 BA. UNIT #A...ALSO 1BD. 1 BA. UNIT #B . ALSO ON THE VERY SAME LOT IS A NEWLY UPGRADED 3 BD. 2 BA. SINGLE FAMILY HOME. THIS PROPERTY ALSO CAN BE FINANCED FOR MULTIPLE FAMILIES. EACH FAMILY CAN QUALIFY FOR DUPLEX AND SINGLE FAMILY HOME ON ONE SINGLE MORTGAGE. THIS PROPERTY ALSO COMES WITH OVER 1/3 ACRE SHOULD YOU WANT TO BUILD ANOTHER HOME.....ALSO THE PROPERTY HAS GREAT POTENTIAL FOR RENTAL INCOME......THE PROPERTY IS LOCATED OFF OF CAMPBELL AVE. AT THE END OF PRIVATE STREET SERVING YOUR PROPERTY AND OTHER FAMILY HOMES. YOUNG FAMILES ALSO CAN ENROLL THE KIDS AT TWIN HILL ELEMENTARY SCHOOL AT CAMPBELL AVE. JUST ACROSS THE STREET FROM THIS HOME.... LESS THAN TEN MINUTES TO FRWY. 91 AT LA SIERRA AVE. SO MANY OPPORTUNITIES TO ENJOY OWNING THIS HOME......

10945 Campbell Avenue, Riverside
$3,750,000
28 Beds ⋅ 26 Baths ⋅ 23308603 MLS ⋅ Active Status
Situated in the serene Canyon Crest neighborhood in Riverside, "The Summit Villas" at 901 Via Zapata emerges as a distinguished 17-unit multifamily property. Built in 1993, 901 Via Zapata spans 10,230 SF and is situated on an impressive 27,878 SF manicured lot. The rare & unique unit mix comprises (11) 2 Bed + 1.5 Bath Townhome-Style units with Private Balconies & (6) 1 Bed + 1 Bath Townhome-Style units with Private Rooftop Decks. The property is strategically located near the Canyon Crest Towne Centre, a hub for shopping, dining, and entertainment, as well as the renowned University of California, Riverside which is just a short drive away. Each unit is equipped with central heat and air, providing a comfortable living environment year-round. Additional amenities include an on-site manager, controlled and secure access for added safety, convenient on-site laundry facilities, and secured underground parking that accommodates 23 vehicles. The property offers investors a rare opportunity to acquire a top tier asset in a sought-after location with significant rental demand, promising both stability and potential for upside.

901 Via Zapata, Riverside
$4,700,000
23304635 MLS ⋅ Active Status
Lots to enjoy here. Three high quality buildings on 1.2+ Ac. Open green belts for playing and lounging. All priced below replacement cost. Plus several paths to value-add upside. *Proximate to Riverside CBD and UC Riverside *Major transportation highway access: 90, 215, 60 *Substantial unit mix*Spacious units, with lofts and private patio *Controlled access community *Value-add / Repositioning opportunity *1.2 Ac site may be suitable for additional site development or redevelopment

3573 Columbia Avenue, Riverside
$2,895,000
GD23158084 MLS ⋅ Active Status
Rare Opportunity to own this Multi Family in Riverside. First time in market in almost 50 years. Strategic location. Close to UC Riverside, shopping centers, restaurants & adjacent to Canyon Crest Country Club Course with exceptional views form 5 of 7 units. Most recent renovations are as follows: New landscaping, Newer water heater, New gas lines ( 5 months ago ), Newer roof ( welded down ), 3 of 7 units recently renovated, New paintings of moldings, frames, doors, fences, balconies, railings and parking to be resealed and painted completely soon.

1180 Central Avenue, Riverside
$1,695,000
OC23133911 MLS ⋅ Active Status
3881 5th Street is located in the heart & robust rental market of Downtown Riverside, California. Built in 1938 and updated in 2022 & 2023. The property consists of 4,340 rentable square feet and is comprised of a unit mix of four 2 Bed / 1 Bath and two 1 Bed / 1 bath units. The property is situated on a 0.18-acre lot and includes 4 private garages with street parking also available. The property is separately metered for gas and electric with a community laundry room. The current ownership has renovated all the interiors including a new block wall and gates. Each unit was tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting and ceiling fans throughout. The “heavy lifting” is complete and should appeal to an investor looking for a bite size, turnkey property located in Downtown Riverside surrounded by tremendous job opportunity within walking distance for the tenants to choose from. Riverside is in the county seat of Riverside County; California and it is the most populous in the county. The United States Census Bureau estimated its 2019 population at 325,000, making Riverside the 12th most-populous city in California. Riverside is in Southern California, adjacent to the 60, 91 & 215 freeways and 38 miles to Disneyland, 69 miles to LAX Airport and 54 miles to Palm Springs . Founded in 1883, the city is part of the Greater Los Angeles Area, the second largest metropolitan area in the United States, with almost 18 million residents in 2020. Downtown Riverside is a very densely populated area consisting of Luxury Hotel, Office, Retail, restaurants and entertainment all within walking distance of the subject property. The local apartment market in the city of Riverside remains strong, and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of employment opportunities, retail, transportation and educational amenities. The overall demand for well-located apartments will be a key driver in the continued growth in Riverside, California.

3881 5th Street, Riverside
$5,288,000
CV23054593 MLS ⋅ Active Status
DRIVE BY ONLY. DO NOT DISTURB TENANTS. We are pleased to exclusively present the opportunity to acquire Villa Ava Apartments, a gated 20-unit multifamily community located in Riverside, CA. Constructed in 1990 and situated on .75 acres, the property is comprised of two rental buildings with a strong unit mix of one- and two-bedroom floorplans that range in size from 750 to 850 square feet. The spacious units are efficiently designed and feature well-equipped kitchens, a private patio or balcony and a mix of plush carpeting & tile flooring. Villa Ava provides residents on-site laundry facility, manicured landscaping, and are individually metered for gas & electricity with individual water heaters. The property is fully-gated and fully-surveillanced with controlled access and offers both open and covered carports for parking.The community has convenient access to the 60, 91, and 215 freeways, connecting the community throughout Southern California and is one mile from the University of California, Riverside (UCR) campus with an undergraduate population of over 22,903 and growing. In addition, the property is within minutes to grade schools, employment centers, hospitals, dining, retail, and Downtown Riverside.Villa Ava is neatly-positioned to benefit from rapidly-increasing population growth of the city of Riverside as demand for multifamily housing increases in the city and barriers to entry for home ownership widens. Operational upside coupled with potential student housing conversion further enhances the desirability of this offering.

1864 12th Street, Riverside
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.