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$760,000
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Property Description
Excellent Investment Opportunity! Rare duplex-style four-unit property thoughtfully designed to operate like four single-family residences. Each unit features 2 bedrooms, 1 bathroom, a private yard, its own HVAC system, and direct access to attached 2-car garage w/laundry hookup, offering tenants privacy and functionality seldom found in multifamily properties. 3 units are currently occupied; 1 vacant renovated unit-ideal for owner occupancy or immediate lease-up at market rent. Renovations include fresh interior paint, new durable vinyl flooring and window blinds; also comes with tile floor and newer HVAC. This property is highly efficient with minimal operating expenses: Tenants pay all utilities, including water and trash, while the owner is ONLY responsible for gardening, keeping ownership costs extremely low. Additional highlights include long-term tenants, upside rent potential, partial roof replacement, and a well-maintained condition throughout. Conveniently located near shopping, schools, and major roads, this is a turnkey investment with strong cash flow and future growth. A rare opportunity to own a high-performing income property that feels like single-family living. Cap rate can be up to 7.50%+!!! HUGE return on investment!
Full Property Details
Full Property Details for 20209 Otoe Rd
General
- Sold For: $760,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR26020969
- Added to Site: 52 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): Living Room
- Appliances: Free-Standing Range
- Flooring: Tile, Carpet, Laminate
Rooms
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 8
- Parking Features: Direct Garage Access, Shared Driveway, Uncovered
- Parking: Garage (Direct Access), Shared Driveway, Uncovered
Location
- Area: APPV - Apple Valley
- County: San Bernardino
- Development Name: APPV - Apple Valley
- Driving Directions: E/Rancherias N/Rimrock
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Shingle
- Windows: Blinds
- Entry Location: 1
- Square Feet: 3,960
- Year Built: 1984
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.5022
- Lot Size Source: Assessor
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $191.92
- Price Per Unit: 187500
Listed by Wetrust Realty, Min Yang
Sold by Clear Realty, Brian Williams
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Schools
Schools serving 20209 Otoe Rd
School District:Apple Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Phoenix Academy 20700 Thunderbird Road, Apple Valley, CA 92307 | K-6 | 1 mi |
Granite Hills High School, Apple Valley, CA 22900 Esaws Avenue, Apple Valley, CA 92307 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20209 Otoe Rd
Date
Details
Price
Change
Source
3/04/2026
Sold
$760,000
1.33%
MLS
1/29/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20209 Otoe Road, Apple Valley, CA 92307 (MLS# AR26020969) is a Multi-Family property that was sold at $760,000 on March 04, 2026. Want to learn more about 20209 Otoe Road? Do you have questions about finding other Multi-Family real estate for sale in Apple Valley? You can browse all Apple Valley real estate or contact a Coldwell Banker agent to request more information.

