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$449,900 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 162 N 3rd
General
- Price: $449,900
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: CV26093134
- Updated: Today (5/1/2026)
- Added to Site: Today
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Riverside
- Driving Directions: Freeway 10 East to 8th Street left to Ramsey Street go Right to 3rd Street make left
School Information
- School District: Banning Unified
Community
- Community Features: Street Lights, Sidewalks
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,252
- Sq. Ft. Source: Assessor
- Year Built: 1915
- Year Built Source: Assessor
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Assessor
- Lot Description: Front Yard, Back Yard
Financial Considerations
- Price Per Sq. Ft.: $359.35
Disclosures and Reports
- Special Conditions: Standard
Listed by Realty Masters & Associates, Arturo Hernandez
Get Pre-Approved Today
Schools
Schools serving 162 N 3rd
School District:Banning Unified School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Banning, CA 295 North San Gorgonio Avenue, Banning, CA 92220 | K-5 | 0.2 mi |
Florida Street Discovery Center 671 North Florida Street, Banning, CA 92220 | K- | 0.6 mi |
Hoffer Elementary School 1115 East Hoffer Street, Banning, CA 92220 | K-5 | 1 mi |
Nicolet Middle School 101 East Nicolet Street, Banning, CA 92220 | 6-8 | 0.3 mi |
Banning High School 100 W. W.ward, Banning, CA 92220 | 9-12 | 0.7 mi |
Hemmerling Elementary School 1928 West Nicolet Street, Banning, CA 92220 | K-5 | 1.1 mi |
Cabazon Elementary School 50575 Carmen Avenue, Cabazon, CA 92230 | K-5 | 5.8 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 162 N 3rd
Date
Details
Price
Change
Source
5/01/2026
Listed
$449,900
55.14%
MLS
9/16/2021
Sold
$290,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 162 N 3rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,290
2%
$307,749
2%
2024
$4,204
—
$301,716
2%
2023
$4,202
2%
$295,800
2%
2022
$4,114
94%
$290,000
96%
2021
$2,126
1%
$147,639
1%
2020
$2,106
2%
$146,126
2%
2019
$2,074
1%
$143,262
2%
2018
$2,060
2%
$140,454
2%
2017
$2,026
139%
$137,700
141%
2016
$849
1%
$57,237
2%
2015
$837
1%
$56,379
2%
2014
$831
—
$55,277
—
2013
$832
—
$55,029
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 162 N 3rd
162 N 3rd, Banning, CA 92220 (MLS# CV26093134) is a Duplex property with 3 bedrooms and 2 full bathrooms. 162 N 3rd is currently listed for $449,900 and was received on May 01, 2026. Want to learn more about 162 N 3rd? Do you have questions about finding other Duplex real estate for sale in Banning? You can browse all Banning real estate or contact a Coldwell Banker agent to request more information.

