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$799,900
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Property Description
Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you're expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.
Full Property Details
Full Property Details for 175 S 5th
General
- Price: $799,900
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26014420
- Updated: 1/21/2026
- Days on Market: 82 days
- Added to Site: 82 day(s) ago
Interior
- Fireplace(s): None
- Appliances: Gas Oven, Water Heater
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: Assigned, Uncovered
- Parking: Assigned, Uncovered
Location
- Area: 374 - Blythe
- County: Riverside
- Development Name: 374 - Blythe
- Driving Directions: From 10W, Left on S 7th, Left on E Rice, Right on S 5th
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,360
- Year Built: 1977
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: Assessor
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $238.07
- Price Per Unit: 114271
Listed by Realty One Group West, Isela Vargas
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Schools
Schools serving 175 S 5th
School District:Palo Verde Unified School District
| Name | Grades | Distance |
|---|---|---|
Felix J. Appleby Elementary School 10321 East Vernon Avenue, Blythe, CA 92225 | K-6 | 0.7 mi |
Palo Verde High School 667 North Lovekin Boulevard, Blythe, CA 92225 | 9-12 | 1.2 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 175 S 5th
Date
Details
Price
Change
Source
1/20/2026
Listed
$799,900
973.69%
MLS
3/05/2013
Sold
$74,500
—
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 175 S 5th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,128
-1%
$94,095
2%
2024
$1,137
2%
$92,285
2%
2023
$1,118
2%
$90,510
2%
2022
$1,097
2%
$88,770
4%
2021
$1,071
1%
$85,314
1%
2020
$1,062
1%
$84,441
2%
2019
$1,054
6%
$82,786
2%
2018
$993
2%
$81,164
2%
2017
$975
1%
$79,573
2%
2016
$965
1%
$78,013
1%
2015
$959
-7%
$77,018
2%
2014
$1,026
-40%
$75,515
-50%
2013
$1,707
—
$150,175
—
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 175 S 5th
175 S 5th, Blythe, CA 92225 (MLS# PW26014420) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 175 S 5th is currently listed for $799,900 and was received on January 20, 2026. Want to learn more about 175 S 5th? Do you have questions about finding other Multi-Family real estate for sale in Blythe? You can browse all Blythe real estate or contact a Coldwell Banker agent to request more information.
