This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
$599,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
Property Description
New construction built in 2024 featuring a 2-bedroom unit plus a completely renovated 2-bedroom second unit. Each Unit is around 700 sq.ft each. Excellent opportunity for investors or first-time buyers. Located in an up-and-coming area of Banning, just minutes from freeway access, schools, and shopping.
Full Property Details
Full Property Details for 497 Martin St
General
- Price: $599,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW26021718
- Updated: 2/25/2026
- Days on Market: 65 days
- Added to Site: 65 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: 263 - Banning/Beaumont/Cherry Valley
- County: Riverside
- Development Name: 263 - Banning/Beaumont/Cherry Valley
- Driving Directions: 10 Freeway East, exit Hargrave St
Heating & Cooling
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: Ground
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,400
- Year Built: 2024
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $427.86
- Price Per Unit: 299500
Listed by HC Realty Group, Hugo Contreras
Get Pre-Approved Today
Schools
Schools serving 497 Martin St
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- | 0.2 mi |
Hoffer Elementary School 1115 East Hoffer Street, Banning, CA 92220 | K-5 | 0.6 mi |
Nicolet Middle School 101 East Nicolet Street, Banning, CA 92220 | 6-8 | 0.1 mi |
Banning High School 100 W. W.ward, Banning, CA 92220 | 9-12 | 0.9 mi |
Hemmerling Elementary School 1928 West Nicolet Street, Banning, CA 92220 | K-5 | 1.4 mi |
Cabazon Elementary School 50575 Carmen Avenue, Cabazon, CA 92230 | K-5 | 5.5 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 497 Martin St
Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$599,000
-7.85%
MLS
1/29/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 497 Martin St
497 Martin Street, Banning, CA 92220 (MLS# DW26021718) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 497 Martin Street is currently listed for $599,000 and was received on January 29, 2026. Want to learn more about 497 Martin Street? Do you have questions about finding other Multi-Family real estate for sale in Banning? You can browse all Banning real estate or contact a Coldwell Banker agent to request more information.

