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$600,000
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Property Description
Exceptional investment opportunity in the heart of Banning, CA! This unique property features FOUR separate income-producing structures on one spacious lot - two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Whether you're looking to build your rental portfolio, create a multi-generational living setup, or live in one and rent the others, the possibilities are endless.
Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area.
With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don't miss out on this versatile and high-demand investment!
NEIGHBORING PROPERTY CAN ALSO BE INCLUDED - SEE SW25135253. DON'T MISS OUT.
Full Property Details
Full Property Details for 688 W Nicolet St
General
- Sold For: $600,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SW25168552
- Added to Site: 175 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Location
- County: Riverside
- Subdivision: Other (OTHR)
- Driving Directions: Take I-10 to N 8th Street, W Nicolet Street
School Information
- School District: Banning Unified
Community
- Community Features: Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: Ground
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,200
- Sq. Ft. Source: Estimated
- Year Built: 1964
- Year Built Source: Public Records
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.45
- Lot Size Source: Assessor
- Zoning: R3
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $272.73
Disclosures and Reports
- Special Conditions: Standard
Listed by Realty Masters & Associates, Nicole Hicks
Sold by Keller Williams South Bay, Sherelle Richardson
Get Pre-Approved Today
Schools
Schools serving 688 W Nicolet St
School District:Banning Unified School District
| Name | Grades | Distance |
|---|---|---|
Banning High School 100 W. W.ward, Banning, CA 92220 | 9-12 | 0.9 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 688 W Nicolet St
Date
Details
Price
Change
Source
12/03/2025
Sold
$600,000
—
MLS
7/26/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
688 W Nicolet Street, Banning, CA 92220 (MLS# SW25168552) is a Single Family property that was sold at $600,000 on December 03, 2025. Want to learn more about 688 W Nicolet Street? Do you have questions about finding other Single Family real estate for sale in Banning? You can browse all Banning real estate or contact a Coldwell Banker agent to request more information.

