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$518,000 Just Listed
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Property Description
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. Long-term tenants, while Unit A is 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.
Full Property Details
Full Property Details for 546 N 5th St
General
- Price: $518,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV26130068
- Updated: 6/16/2026
- Days on Market: 1 days
- Added to Site: 3 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, All Bedrooms Down, Kitchen, Family Room
- Interior Features: Open Floorplan
- Fireplace(s): None
- Appliances: Gas Range
- Flooring: Tile, Vinyl, Laminate
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.: $239.59
- Price Per Unit: 172667
Listed by Redfin, MICHELE HERRING
Get Pre-Approved Today
Schools
Schools serving 546 N 5th 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 | 0.3 mi |
Florida Street Discovery Center 671 North Florida Street, Banning, CA 92220 | K- | 0.6 mi |
Hemmerling Elementary School 1928 West Nicolet Street, Banning, CA 92220 | K-5 | 0.9 mi |
Nicolet Middle School 101 East Nicolet Street, Banning, CA 92220 | 6-8 | 0.4 mi |
Banning High School 100 W. W.ward, Banning, CA 92220 | 9-12 | 0.9 mi |
Hoffer Elementary School 1115 East Hoffer Street, Banning, CA 92220 | K-5 | 1 mi |
Cabazon Elementary School 50575 Carmen Avenue, Cabazon, CA 92230 | K-5 | 6 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 546 N 5th St
Date
Details
Price
Change
Source
6/15/2026
Listed
$518,000
340.85%
MLS
8/23/2012
Sold
$117,500
—
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 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
—
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 546 N 5th St
546 N 5th Street, Banning, CA 92220 (MLS# IV26130068) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 546 N 5th Street is currently listed for $518,000 and was received on June 15, 2026. 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.

