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$1,995,000 Just Listed
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Property Description
Positioned in a highly desirable location near the heart of downtown Bishop, this 7-unit residential income property offers an exceptional opportunity for investors seeking strong cash flow and long-term upside.The property features three separate buildings, including a 3-bedroom single-family house with carport, two 3-bedroom apartments, and four 2-bedroom apartments. With 100% occupancy, this asset delivers immediate, consistent income from day one.Tenants enjoy the convenience of an on-site laundry room, parking for up to 12 vehicles, and fenced yards. Its proximity to downtown Bishop provides walkable access to shopping, dining, and local amenities, enhancing tenant retention and rental demand.This is a rare opportunity to acquire a fully stabilized, multi-building investment property in a supply-constrained market known for strong rental demand. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this property offers both solid current returns and future appreciation potential.
Full Property Details
Full Property Details for 363 Short St
General
- Price: $1,995,000
- Taxes: $11,564
- Status: Active
- Type: Multi-Family
- Source: South_Tahoe_MLS
- MLS ID: 142691
- Updated: 4/11/2026
- Added to Site: 6 day(s) ago
Rooms
Other Rooms
- Laundry: Common
Parking
- Carport Spaces: 2
- Total Spaces: 12
Location
- Area: Out of Area-CA
- County: Inyo
- Subdivision: Out of Area-CA
- Cross Streets: S 3rd St
- Driving Directions: E Line St to S 3rd St to Short St
Heating & Cooling
- Heating Type: Propane, Wall or Space Heater
- Water Heater: Propane
Utilities
- Utility Description: Propane, Varies Per Unit, Water Meter
Structural Information
- Construction Status: Wood Frame, Masonry, Wood Siding
- Construction: Wood Frame, Masonry, Wood Siding
- Foundation: Slab
- Roof: Flat, Tar/Gravel
- Windows/Doors: Double Pane, Vinyl Frame
- Entry Location: One Story
- Stories/Levels: One Story
- Year Built: 1949
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 3
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.3467
- Lot Size Source: Tax Data
Financial Considerations
- Price Per Sq. Ft.: $388.74
- Price Per Acre: $5,754,254.4
- Tax Amount: $11,564
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Schools
Schools serving 363 Short St
School District:Bishop Unified School District
| Name | Grades | Distance |
|---|---|---|
Pine Street Elementary School 800 West Pine Street, Bishop, CA 93514 | K-5 | 0.9 mi |
Home Street Middle School 201 Home Street, Bishop, CA 93514 | 6-8 | 0.7 mi |
Bishop Union High School 301 North Fowler Street, Bishop, CA 93514 | 9-12 | 0.5 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 363 Short St
Date
Details
Price
Change
Source
4/10/2026
Listed
$1,995,000
114.75%
MLS
4/05/2021
Sold
$929,000
—
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 363 Short St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,588
2%
$1,007,080
2%
2023
$10,353
—
$987,507
2%
2023
$10,353
50%
$968,268
2%
2021
$6,882
3%
$947,580
52%
2019
$6,686
—
$623,909
1%
2019
$6,686
—
$617,513
2%
2019
$6,686
2%
$607,839
2%
2018
$6,539
2%
$595,708
2%
2017
$6,394
1%
$583,082
2%
2016
$6,330
2%
$572,013
2%
2015
$6,207
2%
$563,479
2%
2014
$6,090
1%
$552,658
1%
2013
$6,058
—
$549,866
—
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 363 Short St
363 Short Street, Bishop, CA 93514 (MLS# 142691) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 363 Short Street is currently listed for $1,995,000 and was received on April 10, 2026. Want to learn more about 363 Short Street? Do you have questions about finding other Multi-Family real estate for sale in Bishop? You can browse all Bishop real estate or contact a Coldwell Banker agent to request more information.
