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$599,000

  • For Sale
  • Active
  • Multi-Family
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GREAT INVESTMENT OPPORTUNITY - TRIPLEX! Don't miss your chance to own this income-generating triplex, ideal for investors or owner-occupants! Each of the three units features 1 bedroom, 1 bathroom, and 720 sq ft of living space - plus individual garage parking for each unit. Live in one and rent the other two, or add this solid property to your investment portfolio. Two units are currently occupied by long-term tenants, while Unit A is vacant and recently renovated, featuring new flooring, a modernized bathroom, and fresh interior paint. Perfect for immediate move-in or top-dollar rental. The exterior has also seen fresh repairs and a new paint job, making this property move-in and rent-ready. Opportunities like this don't last long - especially with a vacant, upgraded unit ready to go. Live in one. Rent two. Build wealth. Schedule your showing today!

Full Property Details for 546 N 5th St

General

  • Price: $599,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: IV25218977
  • Updated: 12/31/2025
  • Days on Market: 117 days
  • Added to Site: 117 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, Family Room, Kitchen, Walk-In Closet
  • Interior Features: Open Floorplan
  • Fireplace(s): None
  • Appliances: Gas Range
  • Flooring: Laminate, Tile, Vinyl

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 3
  • Parking Features: Assigned
  • Parking: Assigned

Location

  • Area: 263 - Banning/Beaumont/Cherry Valley
  • County: Riverside
  • Development Name: 263 - Banning/Beaumont/Cherry Valley
  • Driving Directions: 10 Freeway Exit 8th to George St to 5th Street

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Septic Type Unknown
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Architectural Style: Traditional
  • Roof: Tile
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,162
  • Year Built: 1955

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size Source: Assessor
  • Lot Description: Front Yard, Yard

Financial Considerations

  • Price Per Sq. Ft.: $277.06
  • Price Per Unit: 199667

Listed by Redfin, MICHELE HERRING

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Listing agent

— 546 N 5th St —

  • MICHELE HERRING

    Redfin

909-528-6276

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 546 N 5th St

School District:Banning Unified School District
NameGradesDistance
Banning High School
100 W. W.ward, Banning, CA 92220
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 546 N 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2025
Price Reduced
$599,000
-7.56%
MLS
9/22/2025
Listed
$648,000
451.49%
MLS
8/23/2012
Sold
$117,500
—
Public Record
Get Price Alerts and Save Property
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 for 546 N 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,054
2%
$144,681
2%
2024
$2,011
—
$141,845
2%
2023
$2,010
2%
$139,064
2%
2022
$1,968
2%
$136,338
2%
2021
$1,931
1%
$133,665
1%
2020
$1,913
2%
$132,296
2%
2019
$1,884
1%
$129,703
2%
2018
$1,871
2%
$127,161
2%
2017
$1,840
5%
$124,668
2%
2016
$1,751
1%
$122,224
2%
2015
$1,726
1%
$120,389
2%
2014
$1,715
—
$118,033
—
2013
$1,718
—
$117,500
—
View All
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 for 546 N 5th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Redfin, MICHELE HERRING

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546 N 5th Street, Banning, CA 92220 (MLS# IV25218977) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 546 N 5th Street is currently listed for $599,000 and was received on September 22, 2025. Want to learn more about 546 N 5th 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.

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