Riverside Homes with Multi Family Subtype

Welcome to Riverside County, California, a vibrant region that beautifully blends urban sophistication with the charm of suburban living. Nestled in the heart of Southern California, Riverside boasts a rich history, stunning landscapes, and a diverse community that makes it an ideal place to call home. Known for its picturesque views of the Santa Ana Mountains and the iconic Riverside Mission Inn, this county offers an array of recreational activities, cultural attractions, and a thriving economy.

For those seeking investment opportunities or multi-generational living arrangements, Riverside County is home to a variety of multi-family homes. These properties are designed to accommodate multiple families, making them an excellent choice for investors looking to maximize their rental income or families wishing to live close together while maintaining their independence. With a mix of duplexes, triplexes, and larger apartment complexes, the options are plentiful.

The multi-family homes in Riverside are strategically located near top-rated schools, shopping centers, and parks, ensuring that residents enjoy both convenience and community. Whether you’re drawn to the bustling downtown area or the quieter suburban neighborhoods, you’ll find a welcoming atmosphere and a strong sense of community spirit.

Investing in a multi-family property in Riverside County not only provides a steady income stream but also positions you in one of California’s most promising real estate markets. With a growing population and increasing demand for rental properties, now is the perfect time to explore the opportunities that await in this dynamic county. Embrace the Riverside lifestyle and discover the potential of multi-family living today!

Newest Riverside Homes with Multi Family Subtype

$245,500

SW26153260 MLS ⋅ Active Status

This is the land play small builders have been waiting for in Menifee. Two legal parcels totaling 0.50 acres (21,780 SF), zoned High Density Residential (HDR) per City of Menifee Development Code §9.130.020.F — supporting up to 10–12 units depending on structure type and entitlement. Menifee is one of Southern California's fastest-growing cities (110,000+ residents, +32% since 2010). 2BD rents at $2,100–$2,400/mo. Multifamily vacancy sub-5%. Strategically positioned near I-215 (25 mi south of Riverside, 15 mi north of Temecula), walking distance to elementary school, park, shopping is minutes away, and Menifee employment nodes. Two parcels (APN 329-182-002/ 15,246 sq ft lot and APN 329-182-001/6,534 sq ft lot) may be merged for a unified site plan or developed independently for phased financing. Buyer to verify zoning, entitlements, and all development feasibility with City of Menifee Planning Dept. The fire-damaged structure has been board-secured, lot has been cleared of vegetation, and it is ready for your architect and civil engineer. No HOA. Public sewer and water are already connected to the site, a significant cost advantage over raw land. Not ready to build that is ok just hold on to it until the time is right. Don’t miss out on this great opportunity. Professional pictures and aerial photos forth coming.

27987 Jefferson, Menifee

$650,000

IG26083453 MLS ⋅ Active Status

Beautiful remodeled property located in the Downtown Village Commercial Zoning district. The property features two attached residential living areas on one lot, configured as a permitted primary residence with an attached ADU studio unit. The main unit offers 2 bedrooms and 1 bathroom. Interior upgrades include new kitchens, bathrooms, electrical, plumbing, and wood-look vinyl flooring throughout. Enjoy the inviting country-style front porch and shared rear laundry area, adding both character and convenience to the property. This property is an excellent opportunity for multi-generational living while still maintaining single-family residential use, and also offers strong rental income potential or flexible living arrangements. Buyer to verify all information regarding square footage, permits, zoning, and allowable uses with the appropriate municipality. Seller and listing agent make no guarantees as to accuracy or permitted use. Also listed as Residential, Reference #IG26068630.

955 Calimesa, Calimesa

$3,600,000

PW26065295 MLS ⋅ Active Status

Prime Location major offramp I-215 Eucalyptus Ave, Moreno Valley • Prime location I-215 offramp Eucalyptus Ave with strong traffic counts • High visibility corner lot 2.69 acres. Value-add opportunities through redevelopment • Located in a growing market within Moreno Valley • Less than 5 miles from UC Riverside Campus and March Air Reserve Base • Opportunity for owner-user or investor. Long-term appreciation in a growing corridor • The property currently features an existing 2-bedroom 1 bath single family residence along with additional on-site structures, offering flexibility for interim use, rental income during the planning, and approval process PROPERTY OVERVIEW This property is strategically located along a major corridor in Moreno Valley, offering excellent exposure and accessibility. The site is well-suited for a variety of commercial, multifamily, retail and office-related developments, including professional offices, medical uses, and supporting neighborhood services. Its proximity to major thoroughfares and surrounding residential, commercial, retail and industrial growth further enhances its long-term development potential. Site is ideally positioned, directly across from the Newly Built Gated Community, Villa Camille Apartments, a modern multifamily complex built in around 2017 comprised of approximately 112 units. This proximity provides strong residential density, enhancing the property’s long-term value and potential. The site is well-suited for along with many other developments and uses • Apartment Units, Condos, Senior Complex, single family-multi family • Day care, Retail stores, storage, Fitness Center, Wellness Studios • Restaurants / cafés (usually limited, no heavy drive-thru) • Professional office buildings (medical, dental, legal, financial) • Corporate or administrative offices, Business parks / office campuses • Clinics and outpatient medical services. Government or institutional offices • The property is currently zoned (OC) Office Commercial. Some developments may require Conditional Use Permit (CUP). Prospective buyers are advised to independently verify all permitted uses and development standards with the City and consult with their professional advisors regarding their specific intended use. The surrounding area consists of a mix of apartments, residential neighborhoods, retail centers, and commercial developments, providing a steady customer base and strong traffic flow.

21737 Eucalyptus, Moreno Valley

$649,000

WS26058228 MLS ⋅ Active Status

CAN BE SOLD SEPARATELY AT 4-UNITS EACH PARCEL! Fantastic Income Producing Multi-Family Property with exceptional room to raise Rents! All 8-Units are Fully Occupied with each Occupant having a Month-to-Month Tenancy. With Market Rents continuously increasing at a steady pace, raising value and producing a steady stream of high rental income should come at ease for any investor. Acquire S. Spring St. Today and continue to build your portfolio with this solid asset!

316 S Spring Street, Blythe

$1,688,000

CV26045532 MLS ⋅ Active Status

Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.

238 S Saturmino, Palm Springs

$1,800,000

OC26017069 MLS ⋅ Active Status

**Land Development with Entitled Plans for a Multifamily!!** **RTI April 2026 **Offered as an entitled development opportunity ideal for experienced multifamily developers Approved for 50% density bonus allowing 9 units extra. Low income component for 3 units Approved plans for a 28-unit apartment project consisting of 26 units plus 2 ADUs Zoned SP-5 (Old Town Temecula Specific Plans) for residential development at a high density of 20-35 dwelling units per acre. Site size of approximately 20,160 SF with ~20,475 SF of rentable residential area Unit mix includes studios, one-, two-, and three-bedroom residences All entitlements in place, including zoning approval, parcel merger, site plan approval, and approved historic home relocation Located within walking distance to Old Town dining, retail, and entertainment Strong rental demand supported by population and income growth Limited new multifamily supply anticipated beyond 2025 Convenient access to I-15, Inland Empire, and San Diego employment corridors

28717 Pujol, Temecula

$1,300,000

IG25110125 MLS ⋅ Active Status

PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

220 W Big Springs Road, Riverside

$1,165,000

IG24236448 MLS ⋅ Active Status

Awesome Investment Opportunity In Moreno Valley. 6 units of 1 bedroom with 1 bath each, ideal for 1031 exchange or investor. Close to shopping center, close to freeway. All the units occupied currently with excellent tenants. All the units upgraded & in excellent condition, completely renovated inside out in 2021.

24238 Postal Avenue, Moreno Valley

$2,359,000

P1-2710 MLS ⋅ Active Under Contract Status

Well maintained and great cashflow apartment building. Always full. All single level. 20 units. Each unit have it's own attached 2 car garage with direct access. Laundry hookups inside each of the 20 units. Located in a nice neighborhood just a few blocks away from city center. Property has great rent upside. Please contact agent for details.

66880 Pierson Boulevard, Desert Hot Springs

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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.