546 N 5th Street, Banning, CA 92220 - Photo 1

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$495,000 -$43,000 (-7.99%) Price Reduced

For Sale
Active
Multi-Family
Updated 3 hours ago

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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: $495,000
Status: Active
Type: Multi-Family
Source: MRMLS
MLS ID: IV26130068
Updated: 8/27/2026
Days on Market: 73 days
Added to Site: 73 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.: $228.95
Price Per Unit: 165000

Listed by Redfin, MICHELE HERRING

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Listing agent

— 546 N 5th St —

MICHELE HERRING

Redfin

909-528-6276

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NMLS#: 1598647

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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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/27/2026

Price Reduced

$495,000

-4.44%

MLS

6/15/2026

Listed

$518,000

340.85%

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

Tax History for 546 N 5th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,054

—

$147,574

2025

$2,054

$144,681

2024

$2,011

—

$141,845

2023

$2,010

$139,064

2022

$1,968

$136,338

2021

$1,931

$133,665

2020

$1,913

$132,296

2019

$1,884

$129,703

2018

$1,871

$127,161

2017

$1,840

$124,668

2016

$1,751

$122,224

2015

$1,726

$120,389

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

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 $495,000 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.

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546 N 5th St Banning, CA 92220